The number of freelancers is increasing, but the freelancing area doesn't develop and faces numerous problems. According to Forbes, the american labor force will comprise 53% of freelancers in the next decade. This means that it will be necessary to radically change and rethink the interaction between freelancers and job-providing platforms.
Existing freelance platforms such as Uber and AirBnB don't regard freelancers as full-time employees. As a result, those lose the benefits of full-time employees who receive paid leave, social packages and pension contributions. In addition, centralized sites collect large commissions and require payment of significant contributions.
Blue Whale Platform Will Make Freelance More Profitable.
The Blue Whale creators aim to change the scope of freelancing, providing a platform that will increase the freelancers income and provide professional growth. The platform has the intellectual components that distribute the reward to the participants, the size of which depends on what contribution they had made to the work platform.
Blockchain provides platform transparency , which will allow customers to audit and receive quality services, thanks to an honest reputation system.
Blue Whale Technology. The Features.
The platform allows companies to produce their own decentralized applications based on Blue Whale using the WORK component that optimizes ad conversion, providing benefits for SMEs. The platform consists of three main components:
Contribution Activity Manager.
CAM is the tool, which ensures transparent and fair reward distribution and manages the community of freelancers and customers in a decentralized manner. This facilitates the work of arbitration, the council of which includes participants with a high rating. Their functions are to resolve disputes and verify the freelancers authenticity. Of course, there is a reward for this work.Decentralized Associated Network.
DAN allows partners to install SaaS apps in the form of user-friendly widgets and embed them in their websites and social media. Widgets collect relevant user information and analyze it using advanced artificial intelligence algorithms to improve ad conversion compared to centralized sites such as Google AdWords.
- The last component is the Reward Bank (ReBa).
This component provides transparent reward of participants with BWX tokens. By contributing to the Reward Bank, freelancers secure additional privileges, such as paid leave or a pension supplement. Reward is provided for various actions: attracting new partners and freelancers to the system, arbitration, verification and others.
BWX token economy and ICO details.
Tokens BWX undertake the role of payment means on the platform. The platform has a built-in rating system. Both parties are evaluated for their work after the transaction, and the reward is automatically distributed between them in BWX tokens. The Blue Whale ecosystem is based on the ICON blockchain.
The project has successfully completed two pre-sale stages and is preparing for the main stage of the crowdsale, which will be held on may 24, 2018.
What Сan We Expect From Blue Whale in the future?
The project has great prospects in the long term, as it combines two growing industries - freelance and decentralized technologies. It is noteworthy that the Blue Whale uses as a basis the platform ICON and not Ethereum, as it is doing now most of ICO projects. ICON allows you to combine platforms of different formats into one decentralized network and produce projects built on different blockchain technologies.
The chances of success are also possible thanks to a strong project team, whose managers have extensive experience in managing FINTECH projects and have worked in such large companies as Samsung, Oracle and Verlocal.
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