0xFreelance is an innovative cryptocurrency freelancer platform designed to connect freelancers and blockchain industry recruiters. The platform is backed by the 0xFree token, which empowers the community and adds a unique value to the ecosystem. Here's a detailed overview of the platform:
Platform Features
- Escrowed Payments: To ensure secure transactions, 0xFreelance uses escrowed cryptocurrency payments, providing assurance to both buyers and freelancers.
- Low Fees: Compared to traditional platforms like Fiverr and UpWork, 0xFreelance offers minimal fees for buyers and freelancers, with free payouts for freelancers and no service fee for buyers.
- Privacy: Transactions are handled without personal data requirements, and there are no KYC requirements for freelancers, ensuring privacy and security.
- Verified Profiles: Buyers can choose from freelancers with verified profiles through an established review system.
- 0xFree Token Benefits: Investors and token holders get various benefits, such as revenue sharing, special perks, and discounts on the platform.
Target Audience
- Buyers: They can hire talented freelancers without risk and enjoy the benefits of safe and secure escrowed payments.
- Freelancers: Guaranteed payment through escrow, with smaller service fees, free payouts, and a robust review system to build reputation.
- Investors: Investors in the 0xFree token can profit from platform transactions via revenue sharing.
Market Potential
With over 700 projects launching on the Ethereum blockchain weekly, there's a constant need for various talents. 0xFreelance targets this market, potentially leading to substantial buyback and burns from these new launches.
Competitive Advantage
0xFreelance stands out from competitors like Fiverr, UpWork, and Freelancers.com by offering free service fees for buyers, lower service fees for freelancers, free payouts, and the innovative use of crypto payments without KYC requirements.
Decentralized Approach
Utilizing a decentralized platform model, 0xFreelance offers peer-to-peer transactions, lower fees, enhanced privacy and security, global accessibility, elimination of bias and discrimination, transparent and immutable records, community governance, and resistance to censorship.
Tokenomics
The 0xFreelance token, symbolized as 0xFree, comes with a total supply of 1,000,000 0xFree tokens. A 5/5% tax structure helps to support long-term holders and ensure continued marketing and development. Significant portions of tokens are locked for various purposes, ensuring stability.
Roadmap and Future Development
0xFreelance has laid out a clear roadmap that includes the completion of the web application, regular transactions, increasing freelancers, introduction of incentives for token holders, adjustments to buyback/burn ratio, introduction of purchases with 0xFree tokens, staking and profit sharing options, and much more.