Tokenholders: Platform Governance

Perhaps the most critical role on the Blocklancer platform is that of the Tokenholder. Those holding Lancer Tokens (LNC) are Tokenholders and, therefore, subject to certain benefits and responsibilities on the Blocklancer platform. The Tokenholder on the Blocklancer platform is synonymous with shareholders within a corporation. The difference between Blocklancer and the traditional corporation is that Blocklancer is 100% owned and decided upon by Tokenholders.

Tokenholders will receive 100% of the 3% of fees charged on the Blocklancer platform and will be responsible for voting in the dispute resolution process should disputes occur between Freelancers and Clients. This puts the decision-making power in the hands of those holding LNC — allowing for more fair way to handle disputes on the platform. Tokenholders have an incentive to participate in the dispute resolution process, decided by majority vote, because the Tokenholders who voted with the majority receive LNC from the Tokenholders who voted on the losing side.

Freelancers: Perform Work

Blocklancer project has emerged as an innovative decentralized business model called the Distributed Autonomous Job Market (DAJ) because of the problems Freelancers face on a daily basis on present freelance platforms.

Some of these problems are outlined in our White Paper which can be found in detail on the official Blocklancer website, but are listed succinctly below:

1. Unnecessary difficulties receiving payments from clients
2. Clients leaving undeserving/negative profile reviews
3. High fees on current freelancing platforms (Blocklancer = ONLY 3%)
4. Unlimited centralized power on current freelancing platforms

Blocklancer is aiming to make job proposals as easy as possible for Freelancers within and outside of the blockchain industry. With an initial focus on becoming a resource for the blockchain community’s needs, Blocklancer will then branch out to non-blockchain markets with a focus on becoming the Freelance platform of the future.

Clients: Find Low-cost Freelance Work

While Blocklancer is focused more on helping the individual Freelancer than the corporation, the Leadership Team understands the symbiotic relationship within the ecosystem and, thus, will be far more affordable than any currently available option for businesses.

Blocklancer employs ONLY a 3% fee on Employment Contracts created by businesses, but the fee is paid by the Freelancer for having the opportunity provided by the Client. These are essentially projects or gigs a Freelancer can scan the Blocklancer platform for, evaluate, and submit a proposal to be reviewed by the Client.

Below is a comparison of platform fees charged by present freelance job platforms:

Blocklancer White Paper

As you can see above, Blocklancer will be very attractive to companies seeking Freelancer’s for specialized, niche work. The fees are non-existent for companies, which should result in a major increase in employment opportunities. We expect this to, in turn, attract Freelancers to the Blocklancer platform seeking fair employment opportunities.

Another important feature to note in the red box — just look how how much existing freelance platforms gouge their Freelancers…10–20% of the employment contract PLUS withdrawal fees, conversion fees, and 3–4 days time for funds to hit your account. Blocklancer was developed with these key negative features in-mind for you to have a better Freelance experience!

Blocklancer ICO Pre-Sale Starts September 7th, 13:00:00 UTC

An important reminder that our ICO pre-sale starts in less than 48-hours. Those interested can **learn more about and register for the ICO and even earn LNC tokens in our Bounty Program by registering here. Remember, the pre-sale will only accept up to 500 ETH at an ICO pre-sale rate of 1 ETH = 20,000 LNC. This is in contrast with the initial ICO rate of 1 ETH = 12,000 LNC.

Please join Blocklancer communication channels at:

• **Slack
• **Reddit
• **Telegram