GigTricks ICO (GBTC Token): Freelance On-Demand Blockchain

Sunday, August 5, 2018

The freelance and on-demand economy currently lacks principle standards needed for the creation of a trusting business relationship between freelancers and clients. To solve this issue, GigTricks has created an ecosystem powered by the blockchain. This will ensure more transparency, reliability, and trust among participants. Each action, including skill ratings and reviews, is verified via the blockchain. Thus, it will not be possible to forge anything within the system.

The aim of GigTricks is to come up with a 360-degree ecosystem for the on-demand and freelance economy. GigTricks is also a useful platform for fighting global recession. It ensures that talented young people have opportunities to find gigs at home and generate an income. To achieve this goal, GigTricks has utilized various advanced technologies. Here is one of the advanced technologies used by this platform.

What are GigTricks

GigTricks Limited is a privately held company limited by share and was incorporated in Gibraltaar in accordance with Company Act 2014 and has a registration number of 117112. Gibraltar was chosen to create due to the knowledge that the authority Its a secret.

There are people who run the company GigTricks. The functions of these directors are to be responsible for the operations of the company and to monitor the Company's operations on a daily basis. The Director exercises his rights in accordance with the terms of the Company and its obligations to the Company. They are given all the authority to perform all necessary or useful actions to manage and control the company's business and the development of the GigTricks platform.

MISSION OF GIGTRICKS: GigTricks is seeking to create a complete upgrade of existing freelancing platforms that will be able to provide many opportunities, minimize risks and create a scenario. win for all involved. GigTricks has a vision in which they plan to become a reality. This vision can be realized as it creates a low-cost, accessible platform that will benefit many countries!

The Hyperledger Technology

Hyperledger Technology was developed out of a need to fill up the shortcomings that the traditional blockchain has. This technology is designed to utilize the blockchain in a manner that is effective, therefore offering secure and private access to the decentralized ledger. In short, the hyperledger is a protocol composed of internet meta database, which can be used to maintain blockchains that are shared privately.

Meanwhile, the fabric in the hyperledger blockchain technology is the core networking part. The fabric is now responsible for making technology scalable and applicable for various businesses according to their requirements and needs.

GigTricks (GBTC): A Blockchain Inspired Freelance Ecosystem

GigTricks is seeking to create a marketplace that connects entrepreneurs with freelancers on a global scale. This blockchain inspired innovation plans to use the GBTC Token for this purpose. The project intends to showcase the professional profiles of a diverse range of experts, verified under the GigTricks blockchain platform, with their skills rated.

GigTricks will also offer a learning mechanism for freelancers to acquire better ratings and a place to offer their skills to a wider range of contractors. The platform will also have a social space for interaction amongst participants, allowing people to follow each other, message and share information. Finally, GigTricks will offer a Point of Sale (PoS) to provide sellers with a payment flexibility.

Through blockchain technology, GigTricks will implement distributive permanent ledgers that are immutable and transparent. These will offer better security for the data shared through the platform. Additionally, fees would drop from 20% when using regular fiat to 0.25%, making it a lot more profitable for freelancers and contractors. The use of smart contracts will be part of the infrastructure, giving guarantees to both parties.  Currently, a private sale is happening with a 75% discount almost reached.

Token economics: there is a maximum GBTC token supply of 1 billion. The platform is Ethereum ERC20 and 1 GBTC will be equivalent to 0.124 USD during the pre-ICO. During the ICO the price will go up to 0.248 USD. The minimum investment is set at 100 USD with Ethereum (ETH) and Bitcoin (BTC) accepted. Bonuses will vary depending on when you purchase, ranging from 0-75%. The Soft Cap is $5 million and the Hard Cap is $50 million. The pre-ICO starts on June 1st and will last for a month, with the main sale beginning on July 1st and lasting 2 months.

Allocation is distributed as it follows, with 20% for ecosystem incentive and only 35% for the actual sale (including presale, pre-ICO and ICO). Usually this means bounties, but they have not specified this as an incentive to users. As for the use of proceeds, the majority will go into development and operational expenses.

GigTricks Token (GBTC)

The GigTricks Notification (GBTC) is based on the ER20 format and it works in the Ethereum network as it will make it easily accepted by the community and market. Cards based on Ethereum are a good solution for regular payments above a small amount like $ 0.0001. GigTicks will use GigBit credits for micropayments to make them more efficient. Gigbit credits are not transactionable. They will be released by the platform and can only be converted into gigBit cards. GigBit credits can not be sent from one user to another, otr outside the platform.

This confidentiality token (GBTC) is intended to allow an ecosystem-wide payment facility for participants around the globe. The token can be used for: In-App Transactions to Unlock Products or Services, User Registration, Community Rewards, Ads, Payments by Person, and Freelancer tipping.

The token will also serve to balance the playing field and set a benchmark for the services to be provided.

The GigTricks Social Platform aims to allow users to earn gigabytes by simply publishing and / or viewing social content. GigBit cards can be used as a means of paying for additional skills tests in GigTricks Pro or for accessing high-end services such as GigTricks Learning which will help the user learn additional skills. Users will be able to view both the overall profile rating of free people, their skill ratings and their specific skill rating and this will reduce the time spent on communication between customers and freelancers. 90 percent. Although, if any dispute arises, gigtricks have developed an incentive system that encourages trust and stubbornness. Global or global markets are expanding,

Allocation Of Funds

  • ITO: 35%
  • Team & Advisors: 15%
  • Ecosystem Incentive: 20%
  • Marketing & Bounty: 5%
  • Liquidity Funds: 5%
  • Treasury: 20%


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