LibertyLance - Decentralized gig based marketplace for freelancers on the Ethereum blockchain

in #ico6 years ago (edited)

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Introducing LibertyLance, a self-regulating and decentralized gig-based marketplace designed for freelancers and clients to transact in the quickest and most transparent fashion through smart contracts. Our platform gives freelancers the opportunity to showcase their gigs for a particular fixed price and will give clients the opportunity to select from various gigs based on the ratings, price and delivery. Smart contracts will be used to ensure smooth transaction and act as an escrow medium between the two parties without involving any middleman.

LibertyLance is a platform that gives you the opportunity to change your life as a freelancer. It offers a trustless marketplace and fair entry point for clients and freelancers because it is based on shared resources by its decentralized nature, and not by large enterprises. The core values of LibertyLance is based on the platform’s users. As a client, you will be able to select from various gigs based on the price freelancers offer and their ratings. This is all enabled by the technology called smart contract.

Benefits that are enjoyed by freelancers with 67% saying they cherish to have access to retirement and health benefits without any consideration of their employment status. According to Freelancers union founder and executive director, Sara Horowitz, freelancers make up one third of the workforce.

With the aid of technology, there has been improvement and access to freelance gigs. According to a survey, 73% of freelancers said technology has made the location of freelance work quite easy and 66% concluded that the amount of freelance work they found online has increased. become a well respected career path and nearly half of full-time freelancers raise their rate yearly. Most freelancers believe that having different clients is more secured than depending on a single employer. most people feel that they can earn more as compared to traditional job. The perception of the freelance market is also changing as 59% off freelancers thinks that the freelance job market has changed as compared to three years ago

Problems in Freelance Marketplaces

  1. Central Authority
  2. Commissions and Payment
  3. Security of Funds
  4. Bad clients
  5. Undeserving Reviews

Here at LibertyLance, we solve this problem through our core platform architecture. Either parties involved in the gig will no longer get undeserving reviews. If either of the parties is unsatisfied with the review they have been given, they can call upon the jury to give a verdict on the matter.

How it Works?

The process begins with the client selecting from a wide range of gigs submitted by the freelancers. After finalizing and paying for a particular gig, the smart contract will be initiated and a 2% fee + gig amount is going to be charged from the client that is to be held in escrow by the smart contract. Below is a graphical representation of the complete process involved in the transaction between the two parties.
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In the case the client is satisfied with the service of the freelancer, the smart contract
will automatically release the funds to the freelancer while taking an additional 2% fee from the gig amount from the freelancer. After gig completion, both parties will be able to review each other and provide feedback for future freelancers and clients.

Marketplaces Comparison w/ LibertyLance

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LibertyLance is not only introducing a freelancing platform on the blockchain but it also intends to solve many real life problems such as: central authority, high transaction fee, non-payment and undeserving reviews on the platform. Here is a comparison between LibertyLance and traditional marketplaces.
LibertyLance charges the lowest fee from both client (2%) and freelancer (2%) as compared to the traditional marketplaces that charge up to 30% from your earnings!

LibertyLance Token

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The Libertylance tokens represent marketplace access and for participating in the dispute resolution between the client and freelancer in our marketplace. The role of the token or use case in the system would be the access to features and functionalities in our marketplace while also being used in the dispute settling of clients and freelancers, based on the outcome of the deal, token holders will be awarded the transaction fee and tokens from those people that were wrong in the dispute resolution process.

All our blockchain competitors are based upon freelancing platforms where clients post a job proposal and freelancers bid on these projects. On the other hand, LibertyLance is going to be the first ever gig based marketplace facilitating both clients and freelancers through smart contracts.
start demo platform is going to be launched between 7-14th of March

Private sale

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Private sale is going to start on 20th of March at a base price of 10,000 LTN tokens per ETH with a bonus of 35%. The tokens allocated for this round are going to be 2,000,000 (4%), to participate in the private sale, you have to register on our site at https://www.libertylance.io/users/register and complete the verification process. After the KYC verification, you will be whitelisted for the private sale that starts on 20th of March. Whitelisting process will start from 7th of March.
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Token Distribution

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Funds Allocation

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We intend to allocate 35% of the total funds for platform development such as website security, R&D, consultation, licenses etc. A further 35% will be allocated for the marketing of the platform in order to increase our user base, educating the public about our platform through live events, seminars and conferences around the globe.
15% will be allocated for administrative costs which includes salaries of all the employees, utilities, furniture and equipment, rent, office supplies and miscellaneous expenses. 10% of the funds will be kept as reserved fund for future partnerships or for any unforeseen costs. Lastly, 5% funds will be allocated for the legal costs that will be incurred over the period of time.

Funding Proceeds

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Funds received from the early investors will be used for endorsements, online media publications, company formation, PR firm hiring, digital marketing experts hiring and advertising for the second round of funding and After final funding stage, formal work will begin on the project in order to develop a final working marketplace that would be used by both the clients and freelancers.

LibertyLance Roadmap

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Meet Our Team

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LibertyLance incorporated, LibertyLance Ltd is a Seychelles International Business Company (IBC) under company registration number 202340 with a registered office at Suite 1, Second Floor, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles.

The platform's user interface, simplicity, and user friendliness are one of the some of the important factors needing to be addressed in implementing this. The platform needs to be user friendly to be able to remove all unnecessary hassle and technical know-how in order to provide opportunities not only for people with enough knowledge and technical background but to anyone that needs or intends to provide services.
more information follow link bellow :
website : https://www.libertylance.io
whitepaper: https://libertylance.io/uploads/whitepaper.pdf
telegram : https://t.me/LibertyLanceOfficial
btt Ann : https://bitcointalk.org/index.php?topic=3048144.new#new
twitter : https://twitter.com/LibertyLanceoff
linked : https://www.linkedin.com/company/libertylance/

author: visixom // 0xB81815a7A76997a1C8dD4d6709A8F48a24068906
btt link profile : https://bitcointalk.org/index.php?action=profile;u=1197250