From Freelancers to Decentralized Empires: Blue Whale, the First ICON ICO
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From Freelancers to Decentralized Empires: Blue Whale, the First ICON ICO

THELOGICALINDIAN - Rewards Transparency and Value blockchains acknowledgment to freelancing

The accompaniment of the gig abridgement is in a ambiguous bearings – facilitated by the leveling of the marketplace, in part. If you attending at any of the accepted arch account providers for freelancers and their employers, you ability apprehension that afterwards a while: both abandon present some alternating complaints.

Key issues accommodate base account fees (often activated to both accommodating abandon of a freelance contract), apathetic processing times, and a abridgement of chump support. Unfortunately, it’s now been a while back a new adversary has had a cogent confusing appulse on the market.

That was, until a different band-aid based on decentralized blockchain technology absitively to access the arena…

To Decentralize & Disrupt an Industry

The Blue Whale Network is partnering with Verlocal to actualize the abutting evolutionary footfall in introducing blockchain technology for the freelance industry. Verlocal is a aggregation specializing in the conception and administration of assorted SaaS solutions. These accommodate a approved and tested, above-mentioned freelance exchange and abridgement infrastructure.

Essentially, it is a decentralized booty on the freelancing platforms and web casework that you may be already accustomed with. Verlocal hopes to prove to the apple that blockchain / broadcast balance technology can advance aloft the (centralized) gig abridgement aloof as decidedly as it has authorization currencies.

Both the Blue Whale Foundation and Verlocal are headed by Will Lee, a crypto administrator possessing a able vision, forth with a portfolio of abilities and able experience. What’s altered about Lee and his team’s access to the freelancing sector, is that they action incomparable standards of partnership, support, and accessories to their clients.

Furthermore, the alignment has been incrementally growing their talent, accepting afresh added the co-founder of OKCoin to their aggregation (Professor Arturo Bris) as an advisor.

Hail to the Whale: The Benefits of Blockchain Freelancing

The aboriginal use case for blockchain technology was Bitcoin, and after cryptocurrencies.

Features offered by this abnormality accommodate anonymization and encryption of user data, whilst acceptance these users to abreast admission advice pertaining to them through use of a private/public key system. In agreement of finance, the aerial agency fees and apathetic acquittal processing times are to be negated application a proprietary cryptocurrency badge (BWX).

According to the white paper, BWX will be acclimated for all banking affairs which booty abode on their platform. This isn’t aloof amid applicant and freelancer, but additionally for their advocate announcement and barometer schemes. By introducing new methods of acquirement generation, Blue Whale aims to decidedly abate costs associated with acceptable online freelancing platforms.

CAM DAN ReBa: Big Fish, or a Blowhole?

Blue Whale themselves accept absolutely appear what they accede to be the ‘three pillars’ of their platform’s basal proposition. These are all advised to be both decentralised applications (‘dApps’) and APIs, which agency that they can be acclimatized and implemented by third parties.

These are referred to by the aggregation themselves as the Blue Whale ‘WORK’ (Worker Optimized Reward Keeper) – which comprises a set of accoutrement and functions disconnected into three audible categories…

Contribution Activity Manager (CAM)

Decentralized Associated Network (DAN)

Reward Bank (ReBa)

The Blue Whale ICO is slated for a May 2024 launch. If their pre-launch allotment annular is annihilation to go by (25 actor Singapore Dollars raised): again the adamantine cap is activity to be accomplished acutely bound for the accessible barrage in May

Check out their website, amusing media (Facebook / Twitter), whitepaper and Telegram group if you are absorbed in acquirements more.

Keep an eye out in the afterward weeks for big account apropos accessible partnerships with acceptable / ‘centralized’ businesses.