LibertyLance is a freelancer based on Ethereum Blockchain and a self-regulating, centrally independent short-lived business based marketplace for customers.
Platform freelancers are given the opportunity to show their work at a fixed price and have the opportunity to choose from a variety of criteria based on rating, price and delivery. Smart contracts will be used to ensure smooth operation on the platform and to act as an escrow without any intermediaries between the two parties.
(Escrow: To keep the goods or the document under the control of a third party until certain conditions are provided between the contracting parties)
LibertyLance aims to change the working economy by providing a self-regulating system of reliance between freelancers and customers. Platform; central marketing authority, high transaction fees, funding security, withdrawal of withdrawals and unobserved assessments at the Freelancer Group.
Some important information and statistics about the freelancer market
In the United States, the number of freelancers recorded at 53 million in 2014 and 53.7 million in 2015 reached 55 million this year. Now, 35% of US employment, these people earned up to 1.4 million dollars in total last year.
In a survey responded by Freelancers; the best part of working in this way is that 67% of "living without paying attention to the employment situation for retirement and health facilities" is marked chic.
People work as freelancers for flexibility and freedom. Freelance work has important implications to be its own boss, to gain flexibility in the work schedule and on the spot. Research shows that working in free circulation provides a balance between work and life. Freelancer, now considered a respectable career, is rising at almost half a year. Many freelancers say that having a different client is a much more reliable way of working than a single employer.
Being a freelancer has some problems
One of the main problems faced by freelancers in the freelancer market is the high wages marketed by the central authority. What's more, even if a job is completed, a customer's request for a refund sometimes also leads to the tedium of this industry. Because some customers can abuse these rights.
1- Central authority
All available freelance websites have only one authority over platform decisions. This includes the suspension of accounts without any reason. This results in the withholding of the funds earned by the self-employed for the work delivered.
When this happens, trust and faith disappear. Markets for which users are forbidden and their money is confiscated for no reason are today one of the biggest problems of the free market.
LibertyLance aims to enter a self-regulating global marketplace that does not say anything in talks between the two sides to solve it. Instead, token owners will be able to decide on a specific issue in an encouraging way.
2- Commissions and payment
Another of the biggest problems on Freelancer platforms today is the commission rates, collected from earnings, that go up to 30%. These rates are for freelancers struggling to cover the costs involved
One of the most important factors in today's self-employed platforms is commissions collected on earnings. Commissions can be as much as 30% and are a big problem for freelancers struggling to cover the costs involved.
Another issue that causes problems is pay. On some platforms shooting can take up to 2 weeks.
In addition, competition is another problem that affects freelancers. Competition leads to the creation of an environment in which customers are marketed in order to be more attractive than the services provided by employees in labor-based sectors, although they appear to be customers and services of high quality.
LibertyLance is paying a very low price for jobs when making instant withdrawals without any delay. When a customer is satisfied with their work and does not approve, the fee is transferred instantly to freelancer via smart contract.
3- Security
In the traditional market, there is no control over the funds of customers and freelancers. If an account is suspended by the market, all funds within it are confiscated. Therefore, freelancers have the power to make personal decisions about their markets and policies. Believing that a third party should never check someone's funds, LibertyLance therefore offers a self-regulating centerless platform where smart contracts can be deployed to secure funds, rather than a market that controls funds.
The smart contract will serve as an escrow between the two parties and release funds when certain conditions are met. The funds will be automatically and instantly transferred with a smart contract upon the completion of a job.
4- Bad customer
Some clients in the freelancer sector are unable to pay on time or some do not. It is very difficult for self-employed to deal with customers regularly.
Freelancers also have the unrealistic end-of-print issue. Clients are putting heavy pressure on freelancers to finish the work on a certain day and hand it over. To solve this situation, freelancers will have the option of calling a jury. In this way, both parties will be able to make sure that any question that may arise is decided fairly by the jury.
6- Unfair reviews
Customers have varying needs and freelancers have to deal with these changes. So much so that sometimes they want more than freelancers to even offer something completely different. This can be very annoying and time-consuming for a self-employed person.
This is a major challenge for freelancers because it becomes an additional task to organize meetings to clarify expected outputs.
In addition, the feedback system for self-employed people tends to turn to the customer because self-employed workers have to enforce deadlines, or unpaid or worse, an unfair review of them.
This ultimately has a negative effect on future work and ratings. The rating plays a major role in the freelance market as it can provide the most clear information about freelancers.
LibertyLance aims to solve this problem through its core platform architecture. The parties will no longer receive unobserved criticism. If they are not satisfied without examining any of them, the jury will be able to call for a decision on the matter.
LibertyLance expects special sales, pre-sales and support in the main sales process
We can say that all this information comes from a new platform that benefits from the smart contracts and the blessings of Blockchain technologies while retaining the brand-new, fair, respectful and freelance employees.
First, private sale will take place between March 20 and 31. In this process you will benefit from a 35% bonus rate of 1 ETH = 10,000 LTN and a minimum of 3 ETH will be able to participate. It is worth pointing out that the whitelisting process started yesterday for private sale and the hard cap is 200 ETH.
It is also very easy to join whitelist to participate in private sale. If you click here to fulfill the KYC procedures, you can complete the steps necessary to be included in the private sale.
In the pre-sale event planned for April, the bonus rate will be 20% and 1 ETH = 6.250 LTN pricing. A hard cap of 400 ETH was identified as being open to participation of 0.01 ETH and above.
Finally, with a bonus of 5-15% in the main sales process, 1 ETH = 5,000 LTN. Soft cap 400 ETH and hard cap 5,500 ETH. The minimum or maximum amount of participation will not be the issue