CryptoTask is a decentralized freelancing platform. Think of Fiverr, UpWork, Freelancer, just on blockchain.
Mentioned by
Forbes,
CNBC,
VentureBeat,
CoinTelegraph they are off to a good start.
They already have 30k users as they've purchased freelance.hr and 17.5k transactions on the platform
https://www.aeknow.org/contract/detail/c...Zp2A1FigcQ
As for what makes them superior to Fiverr, Freelancer - I'll keep it as simple as possible
First notable feature would be elimination of credit card and third party payment provider requirement. That also removes limitations who come with those - such as maximum value. Different countries have different payment providers available and country laws differ as well which does affect the cashout.
Low fees
Regular non escrow task has 0% fees.
Regular escrow task is 3%.
There's a "feature" (similar to Telegram pins, forum stickies) which might be a fixed amount.
Next, we have p2p (which always comes with an escrow) and fees for that are 10%.
Platform takes those fees, uses them to buy off CTASK and burn it.
Affiliate system
I mentioned P2P - this system allows freelancer to decide on % of a task to pay middleman who gets him a client. That brings another headhunter type of clients to the platform and allows freelancers, who are unable to find a job themselves, rely on those headhunters.
Efficient dispute system
It makes things easy and quick. Here's what I took from CoinTelegraph article
Quote:Quote:With a review system like that of CryptoTask, reviewers are token holders that stake an amount equal to the task value that they are putting themselves forward for as a potential reviewer. It means that being a stakeholder, you already have a chance of being selected. That chance is directly proportional to that individual's stake, so this prevents sybil attacks.
If they do, however, get randomly selected to be a reviewer and the task goes into dispute, they are required to cast a vote on whether or not they think the task was actually completed. If a reviewer votes against the consensus or does not vote at all, they do not lose any certain percentage of their staked amount.
Some of the benefits of such a system include:
Selection happens in secret to prevent reviewers from influencing the consensus through collusion.
A two-stage voting process (secret commit and then reveal) means reviewers can’t wait to see how other reviewers voted and then just go with the consensus.
Reviewers would generally be professionals with a relatively large token stake and therefore in a good position to escalate and vote on a dispute.
Do let me know your opinions on the project. ✌
You may also join their Telegram community
https://t.me/cryptotaskofficial and DYOR.