ETHEARNAL - Disrupting the gig ecosystem

-



What is Ethearnal?

Ethearnal is a freelance peer-to-peer (P2P) system, where bosses and freelancers meet, enter into smart, untrustworthy contracts with reputation and money in escrow, and utilize a decentralized moderator system if necessary. We collide with our reputation and economic initiatives together by linking reputation and value. All parties, including moderators, have strong initiatives and are aligned to act honestly, because everyone has a valuable value and something to achieve if the desired achievement is achieved.


Investors control how and IF we spend money!

Only 10% of the funds collected are released to us upon completion of the ICO. Remaining money and founder tokens remain locked in smart contracts. Once we run out of the initial 10%, we start smart contracts, based on the voting process. We are informing the community of what we have done so far and for what we need the next 10% fund raising.

Each token holder can choose proportionally with his or her token if we have to get another round of funding. If 51% of the votes do not, we do not get the money and keep working until investors are happy enough to vote yes when we start the voting process.

There’s a new disruptive ICO in town, it’s the Ethearnal project, a gig peer-to-peer game changer platform that is set to disrupt the conventional system of job freelancing.
The market shares of this economy range in the value up north of $1.5 trillion USD. No doubt this figure has a huge impact on the global economy, as a global trade facilitation of over a trillion dollars is a plus and should not be taken for granted.
All over the internet, we see different job offers that people can do on their terms and at their convenience provided they can deliver what the client demands. This platform is ready to take this economic niche to the next level, to guide the next generation of freelancers into an ecosystem of enhanced financial liberty. Also by using ICO 2.0 features, they will r(e)volutionize coin offering events — the cherry on top.
In the past year over $3.5 billion USD has been raised using Initial Coin Offering. Howbeit, this has only been possible due to the influence of freelancers distributing their services across the globe. From technology, administrative support, content writing, multimedia presentations, communication facilitation, sales and referral programs to a whole new level of crowdfunding activities enhanced through bounty programs.
Basically, these gigs have paved the way for people to expand their financial capabilities through multitasking, diversification and diligent investment in time and internet-enabled resources.
Really, that’s all you need when it comes to internet gigs; a time investment strategy, a durable power supply and an internet-enabled device. With these items, a person can truly work from home or anywhere else of convenience and become millionaires.
Freelancers are a huge success in/to the internet industry and will continue to remain so for a long time to come. Freelancing makes internet skill acquisition worthwhile.
Another favorable reason why major companies turn to freelancing to executive certain types of jobs is that of the ease and cheap services that are offered within the industry. More so, one gets a global perspective and a competitive supply for the job offers. So ‘may the best man win’. This way companies would not need to worry about the outcome because they would expect and receive the best results anticipated.

Problems with Freelancing

As good and jolly-spirited a person new to this economy may feel, it’s not all peaches and cream. This industry also faces its own challenges that in many cases have either deterred many individuals or caused the interference of arbitration. And we all know that this system — the arbitrary system isn’t flawless, as human factors and conditions make it difficult to really benefit from a fair trial.
More so, the system of middlemanism has really brought about a distinct problem with this industry as people on either side of the gig negotiating table, have little to no idea on what’s going on on the other side.
It’s not that the centralized systems are that good, it’s just that, the current dispensation of technology — the era of the decentralized internet is way better and makes it even more autonomous, and reliable.
Other interesting challenges that are common to this sphere include changes that come up without compensation, on either side, such as changes in deadline date, modification of expected results contrary to original agreements, dissatisfaction with completed jobs which could lead to several revisions — unpaid and prolonged, payment options channels, payment fees and terms and many more major and minor problems that impede on the success of smooth internet business with regards to the gigs.

How the platform works:

The platform serves as a meeting point for both freelancers and employers. Employers list their job offers on the platform and decide whether or not reputation stakes should be involved and the amount. The freelancer browses through the lists of available offers and based on his skill and expertise selects any of the jobs offered which he can handle once he evaluates the terms of the agreement.
ERT stands for Ethearnal Reputation Token. Reputation stakes are in form of ERT tokens that ensure that both parties will adhere to the contract terms set by the employer.
Yes, ERT makes it happen; as it acts as a double-edged sword in that, the more tokens you stake you try not to lose it, and prompts you to deliver on the terms promptly. However, if both parties decide to annul the agreement, they both can come to a consensus and the contract is terminated with nothing lost from the deal — both reputations staked and gig rewards are returned to the respective owners.
If all goes well between the employer and the freelancer, a 1% deductible value of Eth or price value of the contract is used by the platform to purchase ERT on the open market, thereby creating a cyclic pool, whereby the system sustains itself and increases its own worth on the open market.
In case of dispute, the moderators can step in and can earn from the output of the resolution, this way they earn tokens too. Another important feature of this platform is the way the ICO 2.0 operates. Token holders control how the team spends their funds in the development of their project. In other words, team members will not relax despite successful crowdfunding. They will have to be on their toes to ensure they deliver on the terms of the agreement, and should they default, a single token holder can initiate a refund process. 

Each token holder can start the refund process!

At any time, anyone holding at least 1 ERT token can perform the refund voting process. If 65% of tokens choose a refund, the project will be terminated, and all remaining funds will be returned proportionally.

So, at any time, we only have 10% of the funds and if we stop fulfilling our promise, you can return the rest of your investment.

Close the clock ICO dynamically.

Dynamic hat investments are increasing every hour! $ 1,000 worth of ether closes on the first hour and then rises by $ 1000 every next hour. (Close $ 2000 per unique sender at 2, $ 3000 hours 3rd and so on) This makes it inefficient to have a large gas cost to make your transactions run first and out putting smaller investors. You have a new opportunity to participate every hour! That way, the whale must compete with thousands of regular investors every hour, leveling the playing field as much as possible (not bulletproof though), without an invasive and bureaucratic inboarding process.


Platform agnostic
  • Web apps that run on every device with a browser!
  • There is no central server
  • BitTorrent is like the infrastructure for files and smart contracts of Ethereum for other things.
Easy to use
  • While we use all the latest technology, it's still as simple to use as any website.
ICO 2.0
  • You control how and IF we spend your investment!
  • Tokenized reputation
  • Reputable reputation with actual money value.
  • Unbelievable: All deals are in the smart contract of Ethereum, where the code is legal!
  • Token Utility: A token that is really useful in a variety of ways!
  • Decentralized arbitration: All moderators around the world with a strong initiative to act honestly.
  • Affordable: The world's lowest cost! 0% to 1%. Zero profit for developers!
  • Refundable investment: You can actually get your investment back if the majority of investors decide.
Closed dynamic ICO
Makes it harder for whales, and makes it easier for smaller investors!

Token Distribution
  • Token Price 1000ERT = 1 ETH
  • Hard Cap 30,000ETH
  • Total token supply 30.000.000 ERT
  • The size of each fund is 10%
  • Sound needed to release funding round 51%


Komentar

Posting Komentar

Postingan populer dari blog ini

OMNITUDE – A Revolution In eCommerce

-
Gambar
Hello Guys  Today I will introduce you to Omnitude. It is a project offering solutions for eCommerce, anti-fraud, logistics, supply-chain management and customer ID. WHAT IS OMNITUDE ?   Omnitude is a radical and new concept in blockchain ecosystems. I would say it is a kind of middle step between plug and play blockchain built on Hyperledger Fabric, which can be used across the whole spectrum of enterprise e-commerce platforms. Hyperledger is the open source, global collaborative project, hosted by the famous Linux Foundation. It is a pre-missions blockchain protocol, using which you can be provided with safe business-to-consumer and business-to-business transactions. The best is yet to come, and the Omnitude ecosystem is just about to be made up of a variety of entities, including the support for merchants, customers, suppliers, couriers and referrers. So, as you can see, Omnitude is not only a great platform now, it has a bright future, which is just around the ...
Baca selengkapnya

CRYPTOSOLARTECH - BLOCKCHAIN AND RENEWABLE ENERGIES

-
Gambar
CryptoSolarTech is a project to develop a platform for clean, ecological and lucrative use with effective results.  It will supply a photovoltaic system that will generate energy that can reach 45,000 kW efficiency.  In its fully functional form, the project envisages making the cryptocurrency more energy efficient than ever before. During the Cryptosolartech ICO, we will acquire our own cryptocurrencies in a farm where we will install 3,000 cryptocurrency depletion equipment in two different varieties to optimize profitability and self-sustain the farm from a solar photovoltaic system , which is installed in the province of Sevilla (Spain), this energy can also be distributed as a service to electricity companies. Ethereum's public blockchain will be used for the management, revenue generation, and commissioning of the physical assets that make up this project.  The aim of this ICO is therefore to create a cryptocurrency mining facility and a photovoltaic system of...
Baca selengkapnya

Lucre Token - Cryptocurrency created just to make HODL!

-
Gambar
LUCRE  is the exclusive automatic trading system for Cryptocurrencies, created to surpass the strategy of using Cryptocurrencies. It was developed by a team with 8-year experience of algorithmic trading. Holding a crypto currency was not the best way to increase your wealth recently. The LUCRE algorithm was based on a non-HODL philosophy; Deal! allowing you to trade in both directions long and short. The great attractiveness of this project is the ability to generate revenues in all market conditions, buy and sell with every perceived opportunity. Even when the market goes to the south, the algorithm tries to make a profit by short-circuiting it. Lucre Trading Algo will work on the trading platform Metatrader. Participants in the sale of tokens will receive a LCR token that will monitor Algo's performance. The price will be updated regularly to accurately reflect the value of Crypto's major assets traded by Algo. A participant can trade on exchanges that will list the LCR t...
Baca selengkapnya