BLUEWHALE: THE GATEWAY TO FREELANCING

in #blockchain6 years ago (edited)

BWX Logo.PNG

Making hay, while the sunshine is one thing and counting how many “hays” that would have been gathered was a thing for Jane. A proactive accountant working with a guest house after trying out freelancing on many peer-to-peer book platforms.
Quite as smart as Jane was, she did encounter some issues that set her account backward, inasmuch as she noticed similar issues on freelancing websites where she plied her trade.
Inclusive amongst the issues was; none of the providers or freelancers who executed the jobs on these big platforms were actually employees despite the professionalism attached to the job/ gig execution, high commission rates were charged on the freelancer executing a gig/job, no matter how small the gig is which is very annoying and most disappointing (some of the times the whole essence is lost). With this came the lack of security wherein there is no retirement plan, unemployment benefits and payment for time off which would have in turn resulted in a sustainable living. (Jane sobbed).

However, a more secure and fair platform for payment with the latest blockchain technology has come to the rescue. Jane will heave a sigh of relief when she finds out about Blue Whale network. The network which is way different from what has been in existence with the tech-giants matching freelancers and small business owners to execute jobs from buyers, verify if the jobs are executed in time as agreed had its trending bad side as Jane found out.
The Blue whale network as a platform is designed to mitigate and improve by fine-tuning the legal and the financial issues experienced by freelancers and small business owners with the gig sharing economy. Wonderfully, the blue whale platform is based on the blockchain technology which also has a system of smart contract called “WORK”. WORK stands for Worker Optimized Reward Keeper which is made up of three segments. The three segments are Blue whale’s response to the issues on the gig sharing websites which include:

• Contribution Activity manager (CAM) - which is a solution to high commission rates.
• Decentralized Associated Network (DAN) - solution to expensive marketing and advertising.
• Blue whale’s Reward Bank (ReBa) is an answer to lack of security experienced by freelancers.

The Blue whale system is designed for all participants on a gig sharing platform to benefit.

The problem of high commission rate: Freelancers usually do not contend (but are not pleased) with these high rates charged by those emails centralized gig sharing platforms who take between 20%-50% in commission on any transaction eg. Fiverr 22.9%, upwork 12.75% - 22.75%, Task rabbit 30% etc.

Blue whale’s solution
Contribution Activity Manager (CAM)
This turns everyone into a possible and potential advertiser. The CAM conserves trace of, and reward those members who assist in driving traffic to small businesses and freelancers. This is a preference over the high commission rates charged by the tech-giants or bigger platforms charge on ad concentrated platforms such as Double click or Google adwords, this is getting interesting.

Through contributors activities, CAM (Contribution Activity Manager) has been programmed and designed to distribute those reward earned by the contributors. Also, those rewards are given for settling differences through arbitration and housing trust with the verification system, and rewards are given for connecting to the advertising network.
Honestly, not all the CAM will apply to all businesses since there are differences in the nature of various businesses. Example for a freelance photographer, freelancing community verification will be appropriate and useful but not to a hamburger stand.
The contribution activity includes:

• Referral : To allow freelancers promote their own services for free through the Blue Whale ad Network by using SaaS tools, which is made available by the Blue Whale network foundation. Also, the provider on the Platform can promote their own goods and services using their various social media accounts to promote their own goods and services. This action will be rewarded whenever it leads to a purchase. Heterogeneous platforms will be supported by the referral system across the blue whale network.
• Lead generation : Traditionally, the way to grow a business is to employ sales staff to get more customers, but this pushes up the operation cost of the company. However, many small and medium business tend to fail as result. A promotional reward is entitled to freelancers for bringing aboard new members on board the Blue whale network through the CAM system.
• Curation: freelancers with their services will be verified upon registration process to make sure that the only ones qualified are mentioned or listed when they join the Blue whale network. This service is done by the community qualified freelancer in same industry but not same competitive space.
• Verification: After execution of contracts by freelancers there is a need for their works to be verified. This is very important to new freelancers on the blue whale network. The verifications of these new members will be done by community members to make sure high quality service is being delivered bringing about a reward system that is reputational. A freelancer will be verified after the initial fifty tasks is done promptly and timely.
• Arbitration: However, on the Blue whale network whenever there is a dispute between customers and freelancers, the two parties involved can request for arbitration . A council which consists of community jury members will arbitrate in the disagreement. This grants the Blue whale network community to securely and genuinely solve issues internally. To become a council jury which is possible. The jury needs a working freelancer on the same field,over hundred tasks must have been completed and will maintain a rating which is above 4.9
• Reputation : The reputation of verified freelancers and their services are gotten from the reputation related activities. These reputation activities make sure that trust from the customer is built by freelancers delivering their services and goods as upon agreed.
The problem of expensive marketing and advertising cost
Freelancers despite the huge sums in commissions, stay with these booking platforms because they gather them all on a single platform with customers as against the cost of getting a Google ad which cost $2.32 average cost per click or $59.18 average cost per action or a Facebook ad of $1.72 average cost per click or $18.68 average cost per action. However, these costs are overbearingly expensive for the SME owners and freelancers.

Blue whale’s solution
Decentralized Associated Network (DAN)
In order to build a very intelligent network free (SaaS) software as a service, tools are made available to be integrated such as intelligent advertising solution, scheduling and booking software, CRM tools (customer relationship management) and intelligent advertising solution.
The essence of these tools is to extremely reduce the for small businesses and freelancers to spend huge sums in the gig sharing economy to pectin themselves through paid SEO (search engine optimization) and ad. This network which has been decentralized provides a new model around the advertising network. In this case, the power of data analytics which is conventionally held by enclosed tech-giants such as Facebook and Google are redistributed using that intelligence and giving rewards evenly throughout the Blue whale ecosystem of small businesses, freelancers and consumers as well.
Vertical is SaaS-enabled which currently operates in the U.S, Canada and is the official partner of the Blue whale foundation.
Verlocal distinguishes itself from competitors by giving out free scheduling and booking software to be installed on the freelancers' website, which would trigger and rouse other freelancers to join the Blue whale network.
The problem of lack of security
There are no employment benefits realistically, in available gig sharing economy platforms. There are no offers like employment benefits to freelancers. However, when a freelancer stops working due to illness or family issues there is a stoppage in income. This where the Blue whale jumps in to change the scene for the better. Rejoice there is a retirement plan, paid time off, unemployment benefits. Just jump in already.

Blue whale’s solution
Reward bank (ReBa)

The blue whale exchange (BWX) coins are the currency to be used in this network. This bank will be receiving and distributing the blue whale exchange (BWX) coins on behalf of the Blue whale platform. The reward bank will be using the Blockchain technology supports a structure and a frank disbursement of the BWX coins; the bank will use the blockchain technology to balance the payouts to the contributions by CAM (contribution activity manager)
This bank functions as a depository for disbursement and receiving rewarded BWX coin from contributors to the providers on the Blue whale platform.
The deposits on the reward bank will be used as a recourse or benefits for the freelancers on the Blue whale network.
• The rewards gotten through referrals like pensions are saved on the ReBa and the payment will be carried out after a period; monthly or in a lump sum.
• Annual net profit of 60% for Blue whale foundation kept for paid leave like in the case of sick leave.
• However, where the amount held in the reserve by the Reward bank goes down below 20% due to more rewards are drawn for paid leave and sick leave projected, the reserve will be stuffed up by a new coin issue which will be based on consensus.
Contribution payout options
Contributors can draw their rewarding three payout plans accruing from their contribution activities. The payment plans differ the span they are held in the reward bank before they are distributed.
 Immediate payout
 Event-based payout
 Long-term pensions

The blue whale network will solve more problems on the gig sharing ecosystem than ever experienced by freelancers and small businesses. Jump on this train it’s on speed rail.

BWX Token symbol.PNG
BWX Token.PNG

Blue whale token allocation.PNG

                                                                   Roadmap

Roadmap.PNG

blue whale team.PNG

![blue whale advisors.PNG]
()

![blue whale partnership.PNG]
()

blue whale media.PNG

Website – https://www.bluewhale.foundation
Whitepaper – https://www.bluewhale.foundation/assets/Bluewhale_White_Paper_ENG_V.pdf
Telegram – https://t.me/bluewhalefdn
Twitter – https://twitter.com/BlueWhaleFdn
Facebook – https://www.facebook.com/bluewhalefoundation

Sort:  

To get an upvote from @wafrica the post needs to have at least one link(pictures or website link) in the post and at least 300 characters.

The team is amazing

A very experienced team based on their LinkedIn profile... Though I think we have had projects like this in the past though none of them has been successful.. What do you think will make this one stand out

Coin Marketplace

STEEM 0.36
TRX 0.12
JST 0.039
BTC 70112.96
ETH 3549.99
USDT 1.00
SBD 4.71