Coinlancer was recently launched in the Philippines as a freelancing platform using cryptocurrency. In layman’s terms, Coinlancer is considered as a marketplace for employers to hire freelancers anywhere in the world. An escrow account will be used by the employer to deposit the stipend and platform fee (3% of stipend). When the freelancer finishes the work, it is when he could claim the payment.
Many people today turn to freelancing instead of getting a daily job in offices or as employees. Filipinos apply for home-based jobs so they could earn more, as they enter into two or more gigs. But then, not all engagements turn out successful because problems arise such as incomplete payment, miscommunication, identity theft, or worse, no payment would be received.
Coinlancer uses Blockchain technology which creates a decentralized system resulting to lower fees and a more efficient service. A utility token from the escrow is used to be able to start a job or seek a freelancer’s service. In this way, fraud would be avoided, giving an advantage to both employer and freelancer. A Freelancer Tribunal is also present to govern the freelancers regarding mistakes, concerns, and violations. Unlike other freelancing platforms, there are no policies in Coinlancer, given that the Tribunal decides on disputes.
The team who founded Coinlancer in August 2017 consists of Ian Viner, Charles Voltron, and Rushabh Shah. Ian Viner is Coinlancer’s CEO, who’s also a digital marketer with an interest in blockchain technology, and an expert in performance, affiliate marketing, and advertising. Charles Voltron, CTO, is a coder, tech leader, entrepreneur, and founder of 3 successful tech ventures. Rushabh Shah, CFO, was the Plus group’s Head of Finance, Crisil Ltd-A Standard & Poor’s Company’s Manager, and Senior Associate at Globeop Financial Services. Other members of the team include Sai Teja, Adviser of Coinlancer, Co-Founder of LaunchMyICO, and Founder of Livecoin technologies; Shanin Pilli, founder and CEO of World of Professionals Organization Limited; Amarjit Singh, Blockchain Consultant and Co-Founder and Principal in Blockchain Academy Asia; Jonathan Tinoco, CEO and Founder of CRYPTEX Trading Academy; and Dhaval Parekh, Director for Coinlancer.
Through this new platform, freelancers would now feel secure that they would get paid and in return, clients would be sure of the funds that they deposit through the escrow. From October 14 until November 2, tokens will be out for the public to buy.
For more information visit https://www.coinlancer.io/.