Introduction
With the massive development of communication when you think of a modern company nowadays, it is not always a centralized office where all departments are located in one place. On the opposite, more and more companies are scattered across the country, or even around the world. There is no need for the personal presence of an employee because most of the tasks can be solved remotely. Hiring a freelancer is beneficial to both parties, the freelancers freely manage their time, and employers can save money on renting offices and buying the necessary equipment.
On the other hand, we have blockchain technology that has numerous use cases, what's more, it has crossed over gaming, gambling, financial services, healthcare, and a lot more. Our goal here is to adopt and implement the blockchain technology in another area of daily life, which is the freelance industry use case.
Freelance Economy Analysys
Employees quickly evaluate the benefits of working with independent specialists and freelance services - this is not only lower prices but also the ability to view the portfolio of artists, reviews from other employers, rating and statistics in the profile. All this data being generated in the process of work is difficult to fake it.
As the study shows, the freelance economy is booming, with 56.7 million Americans doing freelance work today—up by 3.7 million since 2014, according to a new survey of 6,001 workers commissioned by the giant freelance platform Upwork and the Freelancers Union.
According to a report called “Future Working: The Rise of Europe’s Independent Professionals”, the European freelance economy looks like the following:
- Freelance numbers have increased by 45% from just under 6.2 million to 8.9 million in 2013, making them the fastest growing group in the EU labour market.
Problem With Existing Freelance Market
To date, however, there are some significant flaws with the currently existing freelance market, centralized industry leaders like Fiverr & Freelancer.com, charge up to 40% in transaction fees. The current system has too many intermediaries making the freelance market expensive and inefficient. If you think it was bad, well most of the currently existing freelance platforms are using PayPal as the primary payment method, because of that withdrawals can take up to 3 working days in most countries.
Our Solution
An ideal solution is one that enables freelancers to work on a platform in which they gain complete control over their profits. It is also essential to protect clients from exit scammers. This solution has proven difficult, but not impossible. Escrowed trade, for instance, allows performing safe P2P transactions, in other words, when a user pays to the seller, the specified amount of any crypto-assets required to close the deal, assets are transferred from buyers wallet and held locked by escrow service. Assets are locked until the buyer confirms the job was received as described, in case of the problems support crew will resolve based on evidence provided by both parties. Another bonus of utilizing blockchain technologies is decentralized applications (DApp) powered by the Ethereum network. DApps are smart contracts that mimic the logic of a business agreement. Because they are decentralized and running on blockchains, they minimize the need for intermediaries (banks, brokers, lawyers, courts, escrow agents) to guarantee the execution of tokens. Implementing these features in one platform provides the ability to eliminate intermediaries from the system, and significantly reduce transaction fees, in this case, also utilizing the decentralized blockchain network as a payment infrastructure means of providing royalties and rewarding everyone supporting the system.
Here we present PIXBY, a new freelance marketplace that addresses all of these problems. PIXBY is a decentralized app (DApp), i.e., 'blockchain smart contract enabled' platform, which protects your assets from scammers and rewards you with PIXBYTOKENs (PXB) tokens.
Pixby Rewards
All unsold tokens after presale will go to the PixbyRewards pool and locked by a smart contract. The goal of the PixbyRewards loyal program is to reward users for utilizing the platform. PIXBY app APIs will interact directly with the smart contract in a way that whenever a user purchases a service on the PIXBY app, the smart contract will execute tokens for a reward to the Ethereum wallet that was used to pay the freelancer.
- Mission : To create new economic opportunities.
- Vision : To adopt and implement the blockchain technology in another area of daily life and build freelance market that rewards users in return.
How Does it Work
Create an account, connect and synchronize your wallet to the PIXBY platform through WEB3 wallet, and you are ready to start buying services on the platform. It has never been more comfortable or more secure ordering freelance services.
ICO & Token Information
Pixbytoken (PXB) is purely a peer-2-peer version of utility cryptocurrency. Based on a time proven Ethereum network, PXB token provides the ability to make seamless and effortless transactions online - with maximum speed and a limitless scale. Therefore PXB serves as utility token on PIXBY decentralized marketplace.
Our token is based on the Ethereum Blockchain ERC-20. All ERC-20 compatible wallets have the ability to hold and store the PXB tokens.
- Token Name: PIXBYTOKEN
- Token Ticker: PXB
- Total Supply: 150,000,000
- Hard Cap: 63,375 ETH
- Soft Cap: No
- Type: ERC20
- ICO Price: 0.000625 ETH
- Accepted currency: ETH, BTC, USDT
- Minium contribution: 300 PXB
- KYC: YES
- Smart Contract: 0xe8bad244f2a9881d3d7e826c5ec23e5391f3166c
Distribution Of Released Token
PIXBY public pre-sale will take place on 31/08/2019 and will be offered to the public via the Token Sale Management Dashboard. 97,500,000(65%) of the total PXB supply will be managed for public sale, and 45,000,000(30%) PXB will be utilized for long term project development, including Marketing & PIXBY partners. 7,500,000 (5%) of PIXBY supply will be secured for future Airdrops & Bounty.
All unsold tokens will be secured for PixbyRewards program.
Roadmap
- July, 2019 - Release / Whitepaper
- July, 2019 - Community Bounty & Airdrop
- Aug, 2019 - Airdrop PXB tokens to 5,000 Users | Start of Private Initial Coin Offering (ICO)
- Sep, 2019 - Start of Public Initial Coin Offering (ICO)
- Oct, 2019 - Exchange Listing
- Decemeber, 2019 - App Development
- February, 2020 - Further Development of Pixby ecosystem
- March, 2020 - Testing Pixby App on test net
- June, 2020 - First release of Pixby Marketplace on App Store, and Google Play
- July, 2020 - Further development of the ecosystem, and improving marketing campaign.
ACCURATE INFORMATION
Author of article:
| NAME | JARJIT SINGH | |
| ETHEREUM WALLET | 0x20972209f08119939816158a1417b6E9c11Cd010 | |
| BITCOINTALK PROFILE | https://bitcointalk.org/index.php?action=profile;u=2646078 | |
| https://www.facebook.com/jarjitSingh | ||
| https://twitter.com/JarjitSingh | ||
| https://www.linkedin.com/in/JarjitSingh | ||
| YOUTUBE | https://www.youtube.com/watch?v=QiV_MYkjPW0 |
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