Freelance writers and creators have a general distrust of the traditional freelance system. However, a new platform called Coinlancer is putting the power of the freelancing world back into the hands of the users, both freelancers and employers.
Fees for what?
Most users who have ever done freelancing work for an online portal are aware of the extremely painful moment when the fees are collected at the end of a job. The bid is complete, the work is done, and suddenly as much as 20 percent of the fee is taken, before taxes, to pay for the centralized company. The system is ripe for change.
Coinlancer has created a simple and fair platform where freelancers pay a one time 3 percent fee per job. Coinlancer, as a distributed Blockchain technology platform, doesn’t need the same massive fee basis as other competitors in the centralized profiteering hub world (Upwork as an example). Instead, the centralized hub can be replaced with protocols on the Blockchain.
Who’s account is it anyway?
Even beyond the fee structures, account politics on traditional platforms are also a cause for concern for most users. Ranking policies for top freelancers and complex equations to determine which freelancers are ranked highest cause substantial frustration among freelancers and employers alike. Freelancers can’t know the best way to grow their platform reputation and employers don’t know who is best to hire.
Coinlancer, contrary to the centralized hub structures that determine user violations, allows other freelancers to determine results through the ‘Freelancer Tribunal’, a user-based voting panel for evaluating violations. Freelancers can now decide which rules are right and which are serving only the hub.
What’s more, when conflicts occur on a traditional centralized platform, confusing company policies decide results, and can sometimes include arbitration payments by the freelancers or clients. Within the Coinlancer ecosystem, the Freelancer Tribunal decides these disputes fairly.
Better payment platforms
Freelancers know how to fight over payment problems. Most freelancers quickly tell the most painful ripoff experience they’ve had. There’s almost nothing more painful than working hard for a client for an extended period of time, only to discover that the client has disappeared, or that the funds you should have received are falsified. And on a traditional system, the freelancer can do nothing to stop it, as the money they deserve melts into the database.
In the Coinlancer world, however, payments are escrowed up front with Coinlancer tokens. This means that fraudulent jobs can never occur. When disputes do arise, the Freelancer Tribunal makes binding decisions and generally divides funds based on to their decision.
What’s more, as the platform scales, which it will, demand for Coinlancer tokens will only continue to grow as well.Freelancers who hold tokens will be able to use the value of the platform growth through their tokens, making working on Coinlancer even more beneficial.
Stay united
The Coinlancer platform will unite freelancers and employers together to create a space for freelancing where clients and freelancers receive fair treatment. Payments are protected and safe. As the freelancer market continues to increase, the demand for such platforms and their tokens will follow.
If you’re interested in joining the Coinlancer ICO, visit their site and check out the details. The pre-sale begins October 4, and the official token launch begins on October 14 and ends November 15.
Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.
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