Decentralized freelancing platform goes live, aims to rebuild the workforce industry
With the world shifting faster than ever towards remote work and freelancers becoming indispensable to companies in ways never seen before, the hiring process has been clearly lagging behind.
Mainstream freelancing platforms are biased towards the client. Employers often have more power than freelancers in terms of dispute resolutions, governance and fees. Payments made towards freelancers are subjected to hidden intermediary fees, as well as long withdrawal times. Powered by a blockchain ecosystem, HYVE wants to solve the problems of the freelancing industry through a decentralized platform.
With a deployment consisting of four stages, HYVE launched its mainnet on the Ethereum network (ETH), immediately followed by Binance Smart Chain (BSC), with future plans for Polygon (MATIC).
Freelancers and clients can currently access the HYVE app using their MetaMask wallets, with scheduled access for WalletConnect and Authereum and HYVE login, a proprietary solution. Upon signup, users can either choose to be a client, freelancer or both. Once an account is set up, users can then create or apply for tasks and start working on any supported chain. The task is registered on-chain as soon as the client deposits the payment in an escrow account, commencing the collaboration.
Constant testing of the platform, as well as collecting and implementing user feedback, was an important step throughout HYVE’s deployment, thus allowing transparency and ensuring community concerns are voiced and solved in an efficient, hassle-free manner. The final stage of deployment will consist of additional features being rolled out, including a collaboration model based on competitions and offers, as well as a new “surprise” model.
The HYVE client offers a
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