LibertyLance - Decentralized. Gig Based Marketplace

LibertyLance General Information

LibertyLance is a self-regulating and decentralized gig-based marketplace designed for freelancers and clients to transact in the quickest and most transparent fashion through smart contracts. It is a revolutionary freelancing platform that uses the power of blockchain technology solving many underlying issues present in the traditional marketplaces. Using smart contracts, the platform eliminates any possibility of a central authority, non-payment and undeserving reviews on the platform.

How it Works?

The process begins with the client selecting from a wide range of gigs submitted by the freelancers. After finalizing and paying for a particular gig, the smart contract will be initiated and a 2% fee + gig amount is going to be charged from the client that is to be held in escrow by the smart contract. Below is a graphical representation of the complete process involved in the transaction between the two parties.

 

In the case the client is satisfied with the service of the freelancer, the smart contract
will automatically release the funds to the freelancer while taking an additional 2% fee from the gig amount from the freelancer. After gig completion, both parties will be able to review each other and provide feedback for future freelancers and clients.

Marketplaces Comparison w/ LibertyLance

LibertyLance is not only introducing a freelancing platform on the blockchain but it also intends to solve many real life problems such as: central authority, high transaction fee, non-payment and undeserving reviews on the platform. Here is a comparison between LibertyLance and traditional marketplaces.
LibertyLance charges the lowest fee from both client (2%) and freelancer (2%) as compared to the traditional marketplaces that charge up to 30% from your earnings!

LibertyLance Token

The Libertylance tokens represent marketplace access and for participating in the dispute resolution between the client and freelancer in our marketplace. The role of the token or use case in the system would be the access to features and functionalities in our marketplace while also being used in the dispute settling of clients and freelancers, based on the outcome of the deal, token holders will be awarded the transaction fee and tokens from those people that were wrong in the dispute resolution process.

All our blockchain competitors are based upon freelancing platforms where clients post a job proposal and freelancers bid on these projects. On the other hand, LibertyLance is going to be the first ever gig based marketplace facilitating both clients and freelancers through smart contracts.
start demo platform is going to be launched between 7–14th of March

Private sale

Private sale is going to start on 20th of March at a base price of 10,000 LTN tokens per ETH with a bonus of 35%. The tokens allocated for this round are going to be 2,000,000 (4%), to participate in the private sale, you have to register on our site at https://www.libertylance.io/users/register and complete the verification process. After the KYC verification, you will be whitelisted for the private sale that starts on 20th of March. Whitelisting process will start from 7th of March.

Token Distribution

 

Funds Allocation

We intend to allocate 35% of the total funds for platform development such as website security, R&D, consultation, licenses etc. A further 35% will be allocated for the marketing of the platform in order to increase our user base, educating the public about our platform through live events, seminars and conferences around the globe.
15% will be allocated for administrative costs which includes salaries of all the employees, utilities, furniture and equipment, rent, office supplies and miscellaneous expenses. 10% of the funds will be kept as reserved fund for future partnerships or for any unforeseen costs. Lastly, 5% funds will be allocated for the legal costs that will be incurred over the period of time.

Funding Proceeds

Funds received from the early investors will be used for endorsements, online media publications, company formation, PR firm hiring, digital marketing experts hiring and advertising for the second round of funding and After final funding stage, formal work will begin on the project in order to develop a final working marketplace that would be used by both the clients and freelancers.

 

I think thats all you need to know about LibertyLance. Hope you interest and start invest your money. And last, i hope that this project will success as soon as possible. Thank you

For more information:
website : https://www.libertylance.io
whitepaper: https://libertylance.io/uploads/whitepaper.pdf
telegram : https://t.me/LibertyLanceOfficial
btt Ann : https://bitcointalk.org/index.php?topic=3048144.new#new
twitter : https://twitter.com/LibertyLanceoff
linked : https://www.linkedin.com/company/libertylance/