Technology is growing at a fast pace. In the past decade, we have seen the rise of artificial intelligence, more conversations and initiatives towards a greener climate, better electoral systems, and many other initiatives.
However, the technology that has seen the biggest impact is blockchain technology.
Introduced informally through the Bitcoin network, the decentralized ledger system has gone on to disrupt several major industries ranging from finance, real estate, medicine, healthcare, gaming, entertainment, and the internet.
Blockchain technology is now changing the face of how employers and employees are connected in the coming years.
This change is coming to the freelance space through DeeLance.
Say hello to the decentralized autonomous space
There are over a billion independent workers around the world. This is a snatch from the current global workforce of 3.5 billion people.
The 1.1 billion people working on contract to contract account for 35% of the global workforce engaged in a freelance framework.
With the advent of remote work, more people can take on multiple job roles across related industries.
This has since prompted researchers to increase the freelance workforce by 65% in the coming years.
While the industry is rapidly growing, it has become largely stagnant in increasing the welfare of freelance workers and largely providing employers with verifiable talent. This predicament is being changed as we speak.
A new, rapidly rising blockchain project focused on the independent industry is now underway.
The protocol is known as DeeLance, and it’s a freelancing and staffing platform based on the Web3 ethos.
The innovative platform is decentralized and aims to change how freelancers get jobs and employers find talent in their industries.
DeeLance is the first of its kind in the fast-paced crypto market and aims to radically change the freelance ecosystem as a whole.
To do this, DeeLance provides a comfortable landscape where freelancers can land the perfect roles without paying exorbitant fees compared to their Web2 counterparts like Upwork and Fiverr.
The focus on commission freelancers earn on these platforms shows why DeeLance is the future of hiring.
For example, on the DeeLance platform, users only pay 2% commission, which is the lowest fee in the industry.
There is also a competitive fee of 10% for freelance work which makes them among the top names in the future of work. However, this is where the similarity ends.
To withdraw profits, the self-employed do not have to fight the traditional banking systems. Instead, they get instant crypto payments without any hassles and withdrawal limits.
This way, anyone can get and earn DeeLance without going through the rigors of providing their details to a third party payment infrastructure.
User ownership is the new norm
One thing many have associated with the Web3 movement is its focus on due reward for true value creators from Internet users.
This ideology pervades DeeLance where freelancers get their work until the employer meets their end of the bargain.
To interface on the DeeLance platform, the business owner stores the funds required for the project in an escrow system that works like a smart contract.
Once the freelancer completes and submits the assignment, funds are released to their online crypto wallet if and only if they meet the stipulated criteria.
From there, the freelancer transfers ownership to the employer, which is duly noted. This gives power to creators rather than employers.
The platform’s valuable tool, DLANCE, is getting many investors excited. To date, the digital asset has already fetched more than $71,000 in its pre-sale after launching less than two weeks ago.
Aside from the obvious benefit of being a network and installable asset, DLANCE will play an important role in DeeLance becoming a non-fungible token (NFT) and metaverse-powered independent marketplace.
In this way, users will be able to apply for jobs in virtual worlds, and business owners will be able to create real-time value with this busy workforce.
Buy a $DLANCE here
Disclaimer: Industry Talk section features insights by crypto industry players and is not part of the editorial content of Cryptonews.com