LibertyLance: Decentralized Gig Based Marketplace - Langkat Capt

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Minggu, 06 Mei 2018

LibertyLance: Decentralized Gig Based Marketplace


LibertyLance is a self regulatory decentralized gig based marketplace for freelancers and clients built on the Ethereum blockchain. 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 aims to transform the gig economy by providing a self regulatory and trustless platform between the freelancer and client. It intends to solve many underlining problems currently faced by the freelancing community such as: Centralized marketplace authority, high transaction fee, security of funds, delayed withdrawals and undeserving reviews.

Problems With Traditional Marketplaces

Charged Fee

Unlike other platforms that deduct up to 30% from freelancers that are struggling to meet some related expenses. Whereas, on LibertyLance both client and freelancer pay only 2% each!

Pyament Issues

Payment withdrawal in some platforms can take up to 2 weeks. On LibertyLance as soon as client is satisfied with the work, funds will be instantly transferred through smart contracts to the freelancer.

Central Control

Traditional platforms have a centralized authority that places the power in the hands of a few people with little clarity as to how decisions are made.

Underserving Reviews

Freelancers have to burn extra fuels to meet up with deadlines or else they get an undeserving review after all the hard work they had put in and ultimately an adverse effect on their earnings and rankings.

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.


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.

LibertyLance Token

Project Name            LibertyLance
Token Symbol           LTN
Platform                    Ethereum
Total Supplay            50,000,000
Exchange Rate          1 ETH = 5000 LTN
Bonus                        15 - 5%
Hard Cap                   5500 ETH
Soft Cap                    400 ETH

Roadmap


For more detailed information can be found :

Website                  : https://libertylance.io
Whitepaper            : https://libertylance.io/uploads/whitepaper.pdf
Facebook               : https://www.facebook.com/libertylanceofficial
Twitter                   : https://twitter.com/LibertyLanceoff

ETH Address        : 0xb3428c5FC2b40674F5BE24DD2fE72b5D5B7996C1

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