New Platform For Freelance With 0% Comission

ririsw (26)in #lancechain • 7 years ago

LanceChain is the decentralized marketplace for both freelancers and project owners, based on the blockchain ecosystem with 0% commission and no central authority. In mission bring the freelancer closer to the customer and vice versa, while removing all unnecessary obstacles and ensuring proper talent allocation.

Annual “Freelancing in America” 1 study predicted that by 2027 (less than a decade from now) the majority of US workforce will be freelancers. Meanwhile, around 50% of the millennial workers are already freelancing today. Only in 2017 in US, freelancers contributed an estimated 1.4 trillion dollars to the economy. If we compare with the previous year, 2016, we see an astonishing increase of 40%. Currently over 57 million people in the States work remotely with the number going up every minute. In 2017, the total number of formally identified remote workers exceeded 75 million. In this constantly expanding environment, we saw the need for LanceChain - a one stop shop for both freelancers and project owners with 0% commission but with 100% security.

Why IS The Market Growing

Geography and Demographics

Never has it been easier for people all around the globe to work together and mutually benefit from each other. This is why there are many websites which offer the service of connecting freelancers to employers.

Freedom

Freelancing is essentially freedom. By participating in LanceChain, you help more and more people explore new opportunities and enjoy that freedom.

New Revolutionary Economy

The gig economy became synonym of mobility, freedom, on demand services, independency, technological advancement and innovation - all qualities that describe the digital world today. The freedom to tweak working time & environment only by personal preference and develop the desired skill set makes the freelancing even more attractive - as a result the gig economy is flourishing & growing rapidly. LanceChain offers its users the platform where they can take their career one step further while contributing to the blockchain ecosystem. For business owners, LanceChain is the place they can get access to world’s top talents and ensure 100% quality.

The capitalization of the freelancing economy for 2017 is 1.4 trillion US dollars. If only 0.1% of the Freelancer community were to use our platform – which is feasible for our project - the amount of money in circulation on LanceChain would exceed $1,400,000,000 USD.

At the end of our market overview , we would like to briefly outline the advantages of LanceChain in comparison with the currently used platforms.

First and foremost - 0% commission.
Guaranteed payments by taking full advantage of the blockchain network.
Unique dispute settlement approach. LANC token holders will elect an objective community of experts who will settle disputes in the rare cases freelancers and business owners have an argument.
No biased reviews.
Talent recognition program.

By utilizing the blockchain concept LanceChain can achieve a cost-efficient, transparent, high quality and secure manner.

Besides freelancers and business owners, there are two more important roles on the platform, crucial for the overall success:

Talent recognition experts - LANC token holders with expert level skills in their field will be leveraging the knowledge they possess to evaluate the freelancers skills and help us handpick the ones to enter in the top talent pool.
Dispute settlement experts - LANC token holders will be electing community members possessing the right set of skills to make adequate & transparent decisions within a dispute settlement process.

The whole platform will work based on several abstraction layers allowing easy enhancement, modifications, additions and replacements of the underlying technologies and services. The users will interact with a simple and intuitive to use front-end layer in the form of web application working in the browser as well as iOS and Android mobile apps, all designed with a great user journey in mind. The front-end layer will be the connection bridge to our own backing services and the public blockchain responsible for the business processes in place.

Early Adopters Program

We have allocated 10% of our total LANC token supply to incentivise the early users of the LanceChain platform. What does this mean:

Freelancers who work on a project through our platform will get the payment deserved plus additional 10% paid in LANC tokens as a form of gratitude for being one of the first to adopt LanceChain.
Business owners who post job offers on LanceChain will be entitled to having similar privilege. After their project is completed, 10% of their spendings will be returned back in the form of LANC tokens.

Our early adopters program will be active until all 10% allocated of the total LANC tokens supply are successfully handed to our first users.

Freemium Services

LanceChain will always be an open, free-to-use, commission-less platform. By having the core functionality completely free of charge in combination with premium features, LanceChain will attract the most customers.

Premium features carefully gathered into tiered subscription plans will allow our users to select and purchase the deal suitable for them. Token holders that possess above a certain threshold of LANC tokens will automatically be subscribed to a premium plan for free.

To hire one freelancer whose rate is $30/hour, the business owner will need to pay $36/hour - 20% more than the freelancer’s required fee. For a standard month of 160 working hours, the business owner will pay $5,760 instead of $4,800, spending $960 on commission. If we look at that number for an year, a sum of $11,520 is spent on commission. And if the project requires three freelancers at an average of $30/hour, we are now looking at $34,560 that could be otherwise spent on business’ marketing, etc. With LanceChain, no matter how many freelancers are hired, business owners will only pay the subscription fee per month, starting at $19 monthly.

LanceChain Project Architecture

Centralized API Layer

The centralized API layer serves as a communication layer for the end user and the blockchain layer. It provides an API (Application Programming Interface) for the User Layer to communicate with data that is stored on the decentralized blockchain layer.

Blockchain Abstraction Layer

The blockchain abstraction layer will sit on top of the Centralized API layer. While LanceChain is currently built on the Ethereum Virtual Machine (EVM), we believe the blockchain world is still in its genesis phase and developing technologies will emerge as we pursue global decentralization.

Decentralized Blockchain Layer

The decentralized blockchain layer will utilize the Ethereum Virtual Machine (EVM) to store immutable, unmodifiable data.

Database Abstraction Layer

Similar to the Blockchain Abstraction Layer (BAL), the Database Abstraction Layer (DBAL) will be used to future-proof the application and add the ability for LanceChain to easily add an additional solution in the future for decentralized database storage, such as IPFS (inter-planetary file storage).

Why Use Blockchain

LanceChain use blockchain because:

Fast and no chargeback payment transactions. All payments among the parties in the system will be processed with LANC tokens as a result of the cryptocurrency exchange model of blockchain
Payments security. Utilizing the smart contracts, LanceChain will ensure that all fairly deserved earnings of the freelancers will be received.
No data manipulation or censorship. Due to the decentralized and distributed nature of the data persistence within the blockchain network crucial information can not be deleted, hidden nor manipulated under any circumstances.

Unique features

Talent vetting and recognition
Talent Certification
Dispute resolution by unbiased experts. LanceChain will use three ways to elect SMEs (subject matter experts) for the Decentralized Expert Team:

Freelancers will be able to apply to become an SME in an area of expertise
Tokenholders will be able to elect a freelancer to become an SME.
LanceChain will elect and pick renowned freelancers and experts to become a member of the Dispute team

Project management as a service

For Businesses And Freelancers
Benefits and features applicable to both freelancers and business representatives:

Early adopters program
Earning while helping us run the platform
Pre-vetted top talent
Guaranteed quality and dispute management
Uncensored and decentralized reputation
Build a team, work as a team and get hired as a team
Easy profile setup and customizations

Benefits and features applicable to freelancers:

Work remotely on interesting projects
Guaranteed payment on both fixed price and hourly rate projects

Benefits and features applicable to business representatives:

Post a job and hire talent
Track progress and quality, performance and dedication, effectively manage tasks and requirements

The LanceChain users will be complemented by native Android and iOS mobile applications.

The LanceChain Token

As LANC implements ERC-20 standard on the Ethereum blockchain, it will be compatible with most of the existing wallets and exchanges, guaranteeing high liquidity. On top of that we are aiming integration with at least two major exchanges by the end of July 2018.

Marketing Strategy

Search engine optimization. Our strong IT team with their extensive knowledge on SEO strategies will make sure that our unpaid, “organic” results rank as high as possible.
Contextual advertising – GOOGLE, YAHOO, BAIDU, YANDEX. Contextual advertising, including remarketing, will allow us to predict and influence the following key performance indicators: ARPU (Average Revenue per User) LTV (Lifetime Value) CPA (Cost per Acquisition) CPL (Cost per Lead) Channel ROI.
Targeted advertising on social media – FACEBOOK, TWITTER, WEIBO, WECHAT, TELEGRAM, GOOGLE+, ETC.
PR – BLOGGERS, REVIEWS, PRESS RELEASES
Video ADS – FACEBOOK, YOUTUBE, YOUKU
VLOGGERS