CRYPTOKID: LaborCrypto: Blockchain Based Peer-To-Peer Freelance Platform

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The blockchain technology has caused massive disruption in the financial industry and beyond. Blockchain technology was quickly proven so valuable as a digital ledger that it was soon adopted to many industries, including pharmaceuticals, manufacturing, shipping and so forth. Infallible and immutable, blockchains are the perfect ledger system.

Meanwhile, The freelance industry has gained popularity within the last five years. Companies such as Freelancer, Uber, Upwork, and Fiverr, and a myriad of other platforms have given users the ability to work flexible hours. But, these companies have their own set of disadvantages. They tend to pay their freelancer’s low fees, have high service fees and are designed to make their users pay for each transaction.

Here is where LaborCrypto comes into the picture. LaborCrypto will merge Blockchain Technology to disrupt the freelance economy, solving the aforementioned problems while opening up bigger doors to freelancers around the world.

LaborCrypto, found online at https://laborcrypto.com/, is a freelancing platform that leverages blockchain technology to provide consumers and providers of freelance services a chance to share similar value without a central authority. LaborCrypto plans to connect workers from around the world regardless if they have a banking system or not. As a result, freelancers can receive all of their earnings without having to worry about the middleman taking a percentage of their income.

Under the application and experience of the blockchain, LaborCrypto will give the freelance industry a corporate power structure and give economic power to freelance workers and employers. The protocol design uses a smart contract-based escrow mechanism, creating a platform that's fair to both clients and freelancers. LaborCrypto's goal is to reinvent the freelancing industry.

With Labor Crypto, the project will help each participant of the gig economy (Freelancer, Consumer, Stakeholder) work together without the need of a middleman. As a result, you’ll find it easier to complete freelance projects or higher freelancers without losing money in the process.

These are the main features of LaborCrypto to challenge the existing freelancing sites:

LaborCrypto platform: Under the people-powered freelance ecosystem, LaborCrypto acts as an administrator to match users to freelance and enable hiring. The platform will work to streamline the freelance economy through appropriate match-making. LaborCrypto global P2P platform also offers sharing revenue with its users.
Smart contracts: LaborCrypto works on a protocol design that uses smart contracts as an escrow mechanism to ensure due diligence on the participating parties.
Digital banking: The goal to re-invent the freelancing community will also involve a virtual currency (LaborCrypto token) and the elimination of banking services for the transactions.

Additionally, LaborCrypto will have the platform native cryptocurrency token, namely LBR. The token will be derived in Ethereum standard ERC20. Token total supply is 100,000,000,000 LBR. The token will be distributed in the following manner:

60% - token sale

20% - operations

15% - founders

3% - advisors

2% - bounties

Token Info

Token Ticker: LBR

Platform: Ethereum

Type: ERC20

Tokens For Sale 60,000,000,000

Website: https://laborcrypto.com/

Bounty: https://bitcointalk.org/index.php?topic=4721601.0

Restriction Area: The United States of America, People's Republic of China (except for Hong Kong, Macau, Taiwan), North Korea, Cuba, Iran, Syria & Crimea Region.

Investment Info

Tokens for sale: 60,000,000,000

Price: 1 LBR = 0.0005 USD

Accepting: ETH, BTC

Min. investment: 0.01 ETH

Soft Cap $2 Million USD

Hard Cap $22 Million USD

Unsold Tokens Any burned token will proportionally reduce all allocation areas

Fund Allocation

35% - MARKET DEVELOPMENT

35% - SOFTWARE DEVELOPMENT

30% - OTHER OPERATION