Civilization is increasingly absorbing the world, it, like a large whale, draws humanity into itself, incorporating even the most backward tribes on Earth to its advantages. But in addition to advantages, civilization also has disadvantages: a person becomes a hostage to a certain level of life and no longer imagines a life differently, without a cozy home, without a comfortable rest, without a high-paying job, which gives the opportunity to acquire the benefits of civilization.

Comfort is so addictive that a person no longer wants to leave his home, so that traffic jams and non-mobile weather conditions get to work.So many mental workers become freelancers - people who prefer working outside the office (at home) to work in the office. And in recent years there has been a tendency to increase the number of freelancers around the world.Freelance has a number of undeniable advantages, but there are also disadvantages, such as:

• lack of confidence in secured old age (temporary incapacity for work);
• problems with finding a job, expensive advertising of own services;
• High commission fees on job search sites.

Knowing about these and other problems of freelancing, Blue Whale Network developed the WORK (Worker Optimized Reward Keeper) system, which supports freelancers at all stages of their activity, using the technology of the 3rd generation blocking system.

WORK consists of three main components.

1. The manager of activity of contributions (CAM).
2. Decentralized associated network (DAN).
3. Bank of rewards (ReBa).

Deposit Manager (CAM)

CAM is used to distribute the rewards received through the types of activity of the depositor. Rewards are provided for connecting to the advertising network, resolving disputes through arbitration and creating a reputation with the help of a verification system. The components in the CAM will be modulated and used only when necessary.

CAM Architecture:

• Referral program
• Attraction of new freelancers
• Supervision
• Verification
• Arbitration
• Reputation

Referral program

Freelancers (service providers) using the Blue Whale ad network, using SaaS tools, can advertise their services free of charge, through accounts in the social networks of other participants of the Blue Whale platform. If this advertisement leads to the purchase of goods / services, the intermediaries will be rewarded.The funds raised will be used to cover the operational costs of the Blue Whale Foundation, and 60% of the net profit will be channeled to the WORK Remuneration System.A referral program can, for example, a platform that provides real estate rental services, offer a platform service for the selection of serving home staff. Blue Whale Large data and machine learning algorithms will analyze the activities of both platforms, find out the relationship, and offer relevant targeted advertising.

Attraction of new freelancers

The CAM Blue Whale system is aimed at activating market expansion at the community level, attracting freelancers to introduce Blue Whale into its network. Freelancers have the right to an incentive reward for attracting other members to the Blue Whale network.After the process of registering the services of a new freelancer, the freelancer that brought him to the platform gets paid for contributing to the growth of the community. However, remuneration will be paid only when the income from the services of a new member of the community exceeds a certain threshold, in order to prevent the actions of bots aimed at earning commissions.

Supervision 

Before joining the Blue Whale network, freelancers and their services should be checked during the registration process to ensure their qualifications.Service community curator (service supervisors) and checks and filters information to eliminate inappropriate or inadequate information. On the Blue Whale platform, this task is delegated to the community.In the process of registration, only qualified freelancers in the same industry, but not in the same competitive space, have the right to participate in the verification of new freelancers. In return, they receive a reward for their verification. If the verifier did not act in time to check the freelancer or the service, or his verification proved untrue, he loses his rights to check.

Verification

After freelancers have fulfilled their contracts, the results of their work should be checked.
This is especially important for new members or freelancers with a lower rating on the network. Checking these freelancers by community members will ensure a high quality of service, creating a reward system for the reputation of the freelancer.For new freelancers, the initial 50 "tasks" will be checked by an independent "verifier" and the results sent to customers who hired a freelancer.Then the buyer provides an assessment of the task performed by the verifier. If after 50 completed "tasks" the freelancer rating is below 4.0 from the maximum 5.0 points, the freelancer will need to be checked again before making any sales. At the same time, if the freelancer rating is above or equal to 4.0, the freelancer should not be checked for his subsequent sales.To make the verification process honest and professional, freelancers that meet the requirements will be promoted as a verifier. Conversely, the verifier can also be downgraded to a freelancer in need of verification if the rating of the verifier falls below 4.0. For each check from the control pool, about 12 people will be selected to perform the check. After verification, the result, which includes all opinions of the verifiers, will be provided to the buyer, as well as to the verified freelancer without specifying the personal information of the verifiers.

Arbitration

When a dispute arises between freelancers and their clients, both parties may request arbitration. The cost of arbitration will be transferred to the arbitration fund. The dispute will be considered by the Council, which consists of members of the community jury who fulfill the necessary preliminary requirements. This allows the network community to objectively and safely resolve disputes within the platform.

Reputation

Activities related to reputation, maintains the reputation of proven freelancers and their services. These activities provide and strengthen the trust of customers who use the services of freelancers. In addition, reputation assessments allow freelancers to frequently change their work to maintain the credibility of their previous services and to facilitate the provision of new services.

The DAN architecture (decentralized associated network)

A decentralized linked network can be created by installing SaaS tools, such as reservation software and ad widgets on websites and social networking pages.

Widget software booking. 

Vendors installing reservation software on their own sites, blogs and accounts on social networks can convert all incoming transactions from traditional currencies to Blue Whale-BWX crypto currency. 

Advertising network. 

A decentralized Blue Whale advertising network is established when providers install a booking widget and an ad widget. A booking widget, as a component of reservation software, is used to provide Windows - digital real estate - for other providers to launch advertising and promotions.

Bank of remuneration (ReBa)

The remuneration bank acts as a depository for receiving and issuing remuneration in BWX from suppliers to participants. 20% of BWX, issued during the initial ICO Blue Whale, will be held by the Bank of Remuneration.In addition, 60% of net profit and referral remuneration of freelancers will also be kept in the Bank of Remuneration. The amount of reserves will be calculated annually and may be adjusted depending on the financial performance for the year. The remuneration bank may enter into strategic agreements with partners that provide decisions regarding the formation of pension funds and asset management. Deposits in the remuneration bank will be used as social security benefits for freelancers as follows:

• Like pensions, remunerations received from referrals are saved in ReBa, and payments will be made only after a certain period; lump sum or monthly.
• 60% of the annual net profit for the Blue Whale fund is reserved for providing paid vacation in such cases as sick leave.

Options for the payment of contributions

There are three payment plans, through which depositors can rely on the rewards accrued from their deposits. These payment plans vary depending on the duration of their storage in the bank prior to payment:

• Direct payment.
• Payments based on events.
  Participants who meet the required threshold of pay and duration of work can earn their rewards during their break as a form of leave / unemployment benefit.
• Long-term pension.

ІСО

The Blue Whale's blue-chip platform is the BWX token. 

A total of 32,160,000,000 BWXs were proposed for the initial offer of tokens.

The maximum amount of fees is 30 million SGD (22.7 million US dollars).

During the pre-sale period, SGM 25 million has already been collected, and it remains to collect 5 million SGD (3.78 million US dollars). 

Public sale starts on May 24, 2018 and lasts for a month if the required amount is not collected earlier.

The price of the BWX tokens is: 1 SGD = 800 BWX, or 1.32 SGD = 1 USD = 1056 BWX.

Based on the foregoing, we can conclude that the Blue Whale project and its BWX tokens are promising. The investment in this project will become one of the earning assets in your crypto-currency portfolio! 

More information you can find on the official websites of the project:
Website
ANN
Whitepaper
Twitter
Medium
Facebook
Telegram 

Author : pathi87

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