From Decentralized Empires to Freelancers: Blue Whale Foundation, the primary ICON ICO

in #ico6 years ago

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The field of the boating economy of the gig is in a precarious condition, facilitated by the leveling of the market, in part. If you look at the each of the present leading service givers for the self-employed and freelancers, you may notice that refer a while: both of the sides currently some recurring issues.

Main issues include extortionate service charges (often used to both contributing sides of a freelance agreement), slow processing periods, and the absence of customer support. Unluckily, now it now has been a while since a novel contender has had a wide disruptive impact on the marketplace. That was until a sole reply based on decentralized Block tech decided to enter the field.

To Decentralize and Disrupt a sector

Blue Whale Foundation is the next evolutionally part in the long run vision of a firm named VERLOCAL, who’re experts in making and allocation of various SAAS solutions. These include a tested and tried, pre-existing freelancers market and financial infrastructure.

Basically, it’s decentralized take on the freelancing systems and web services that you might be already known with. VERLOCAL hopes to prove to the Planet that Block, distributed ledger tech can enhance upon the centralized economy gig only as wide as it has fiat money.

Both of the VERLOCAL and Blue Whale Foundation are headed by Will Lee, a digital money entrepreneur possessing a sturdy vision, along with a portfolio of professional skill and qualifications. What is diff about Lee and his team’s approach to the freelancing field is that they provide unrivaled standards of contribution, facilities, and support to their customers?

Moreover, the firm has been incrementally increasing their talent, having newly added to the co-founder of OK Coin to their team and a consultant.

Hail to the Blue Whale: The advantages of Block-chain Based Freelancing

The actual use case for block technology was BTC and subsequently digital money.

Aspects offered by this occurrence include encryption and anonymization of user information, whilst allowing these consumers to in private access info pertaining to them via the use of a private or public key ecosystem. In terms of economics, the high commission charges and leisurely payment processing moments are to be negated applying a proprietary virtual currency token (BWX).

According to the Blue Whale Foundation white paper, the token will be used for all financial deals which take place on their network. This is just between freelancer and client, but also for their radical advertising and referral plans. By introducing latest ways of income generation, Blue Whale platform aims to significantly decrease fees associated with usual online freelancing platforms.

CAM, DAN RB: Giant Fish, or Just a Blowhole?

Blue Whale Foundation themselves have in fact published what they believe to be the three pillars and of their platforms underlying proposition. These are the entire considered to be both decentralized applications (D Apps) and APIs that means that they can be implemented and adopted by 3rd parties. These all are referred to by the group themselves as the Blue Whale Foundation and Worker Optimized Reward Keeper; which comprises a set of devices and features divided into 3distinct categories.

Decentralized Associated Network or DAN

This is the name which Blue Whale Foundation uses to pass on to its society of freelancers and customers; denoting the modern level of interconnectivity afforded by their ecosystem. One of the major draws for both sides is the spirited price and value propositions. The advantages of their decentralized relational records are connected to the implementation of cutting-edge mechanism learning activity; resulting in a really modified yet-safe service. Further unique selling points of this platform include the stipulation of a complete suite of precious business development tools; giving the freelancers unparalleled help for streamlining and scaling their processes.

Contribution Activity Manager or CAM

The platform which supports the distribution and tracking of rewards to users, these incentives are rewarded for the conclusion of a variety of tasks, including the successful intro of new customers or freelancers to the system. Diff bounties include successful driving of internet traffic to a variety of service providers as an influencer & recognized recommender; as-well-as community-driven disagreement resolution and reputation authentication.

Reward Bank or RB

A decentralized unit, responsible for the mechanical processing of payments, both reception, and distribution, for the Blue Whale token (BWX). The decisions and activities implemented by the RB are informed by the algorithmic code and machine learning ecosystems controlled within the DAN. Furthermore, all deals are transparent and tractable on the ICON decentralized block technology; with contracts enforced through smart agreements.

The Blue Whale Foundation ICO is slated for a May 1st, 2018 launch. If their pre-launch funding term is something to go by (25 M Singapore Dollars raised): then the hard-cap is going to be accessed extremely rapidly for the public launch in May.

Check out their official website, social media (Twitter/ Facebook), whitepaper and Telegram if you are interested in learning more about Blue Whale Foundation.

• Website: https://www.bluewhale.foundation
• ANN: https://bitcointalk.org/index.php?topic=3135032.0
• Whitepaper: https://www.bluewhale.foundation/assets/Bluewhale_White_Paper_ENG_V.pdf
• Facebook: https://www.facebook.com/bluewhalefoundation/
• Telegram: https://t.me/bluewhalefdn
• Twitter: https://twitter.com/BlueWhaleFdn
• Youtube: https://www.youtube.com/channel/UCj6pXevvLiO7YHm0fOMvwhw
• Reddit: https://www.reddit.com/r/BlueWhaleFdn


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