Current marketplaces are geared towards providing either products: software and other intellectual-property items such as music, video, 3D, etc. or freelance services. But often the suppliers of these products and services are the same while business or individual clients require not only the digital assets but also supporting services to help them properly use, maintain and tailor them to their needs. In addition, the existing marketplaces come with very high transaction costs and other inefficiencies in the process of approval of providers, protection of clients, as well as payment delays and withdrawal barriers.
As we know, blockchain improves and revolutionizes things - and so it solves the problems of the current marketplaces as well.
Introducing Leonardian - a fair blockchain-based platform for providers and clients!
Leonardian is a blockchain-based all-in-one marketplace for digital assets including software products and copyright items, as well as freelance services. It comes with the needed benefits such as low flat transaction fee, bulletproof quality assurance mechanism protecting all parties, efficient payment mechanism and full predictability and transparency of conditions locked in the smart contract of the blockchain.
Leonardian Technology:
Client application
All user interaction with the platform will happen through a progressive web application (PWA) with RBAC separated UI built on the latest Angular front-end framework, utilizing TypeScript, RxJS observable pattern and Redux state management.
Back-end
Back end is based on Laravel framework – a free open-source PHP framework, intended for the development of web applications following the model–view–controller (MVC) architectural pattern. We will use it as a server backend framework because Laravel provides speed, security and a wide range of functionalities.
Security and operations
Leonardian platform will use the Ethereum blockchain network. The key business logic and terms are locked in smart contracts. This guarantees the transparency of the project as those will be public. Web3js library allows the Client application to communicate with the Ethereum network.
Google Authenticator as optional provides the opportunity to customers to use the secure and advanced authentication via Google Authenticator. It is a software token that implements two-step verification services using the Time-based One-time Password Algorithm (TOTP) and HMAC-based One-time Password Algorithm (HOTP).
What makes us better?
Achieving high quality of assets on the platform is of utmost importance for the project. Therefore, we have developed a Quality Assurance process, which includes two parallel checks: human and AI-backed automatic verification.
Quality in Leonardian means lack of bugs in software projects, high client reviews of products, quick approval of new providers and items for sale, products and services consistent with the description and documentation.
▪ Artificial Intelligence mechanism for review of quality and consistency.
▪ The QA people make manual checks of the providers and items listed following a strict policy.
Every reviewer is assigned randomly and anonymously an item for review from his/her domain of competence in order to avoid any bias.
In case of disputes, both sides have 5 days to resolve the issue between themselves. Each side could request a mediation even before that term expires. In case they don’t manage to reach an agreement, the dispute goes to “Mediator”.
A mediator is reviewer with a very high rating (within top 10% of all reviewers by rating). The Mediator has 3 workdays to be acquainted to the case, contact both sides, and suggest a resolution.
Since quality is one of the core principles of operation of Leonardian, in the rare cases where the other mechanisms for quality assurance still fail to work, there is a guaranteed refund.
In order to guarantee for quality of the product or service, part of the balance on the Providers’ accounts stay blocked. The blocked sum stays as a guarantee for refund request. The blocked share is called Guarantee Deposit and it depends on a number of factors:
▪ user ratings – the higher, the lower is the percentage
▪ number of sales or service contracts – the higher, the lower is the percentage
▪ speed of resolution of disputes in case there were such
This amount stays blocked while the remaining of the balance is available for withdrawal by the author at any time.
An “Angel” is token-holder who owns more than 25,000 tokens. Angels could be clients, providers or investors. They have special status as they benefit from the platform and participate in the decisions for the monitoring and development of the platform.
Leonardian Token
The Leonardian token (LEON) is used:
▪ They transfer the information about the assets (products and services provided by the providers) and thus serve as immutable source of history
▪ They have a transactional function and thus allow the transaction to take place on the blockchain
▪ They are meant to give the opportunity to their owners to participate in the decisions of the future development of the platform – thus guaranteeing that this project remains decentralized and governed by the community
▪ They authorize their owners to receive remuneration for investing in the project
▪ Payment and exchange mechanism
Leonardian Pre-ICO
The Pre-ICO for Leonardian will go live from April 16th to May 12. It's an ERC20 Token with the symbol "LEON". Start price of 1 LEON= USD 0.28 .
With the current level of technological advancement in blockchain technology, it is expected that blockchain-based marketplace will take over the freelance industry in the long run. Don`t get left behind