Freelancing is an industry that has a lot of potential, its already worth about 1.4 trillion dollars annually because of the freedom and simplicity attached to the concept, it's fast becoming a major means of labour choice by both entrepreneurs and individuals who opt to be freelancers. But like all industries its blighted by a number of problems which constraints it to reach the heights it seeks with so much potential.
The problems facing the freelancing industries involve both the entrepreneurs seeking the services and the freelancers themselves providing the sort services.
The problems faced by the entrepreneurs include:-
Lack of a system in place to adequately verify and authenticate profile of freelancers to be employed which could end up to a bad hire and prove costly eventually.
Lack of transparency and systems put in place to know and avoid dodgy irreputable freelancers.
Lack of a convenient means of payment which requires bank transfers that leads to accruing unnecessary charges and fees.
Problems that are faced by freelancers include:-
High fees charged by regular freelancing websites who collect up to 15-20% of their payout.
Entrepreneurs who take advantage of freelancers and pay them meagre sums and sometimes even less than what was agreed upon before the commencement of work.
-Total nonpayment of dues sometimes by certain entrepreneurs
Unavailability of a convenient means of payment by entrepreneurs which results in long processes before payment is received.
With all these problems, a lot of constraints are put on the industry which hinders its development,
The Gigtricks platform is here to turn all these around. The platform is a blockchain based ecosystem that aims bring transparency, trust and reliability between entrepreneurs and freelancers, the platform solves all the above mentioned problems by:-
Providing state of the art means of profile verification and authentication of freelancers by relevant authorities.
Provision of smart contracts where entrepreneurs pay in the agreed amount and is cashed out by the freelancer only after the job is completed within the agreed time frame leaving no room for both parties to exploit or be exploited.
Provision of a means of payment which is fast and secure with negligible fees attached to enable easy payment through the use of crypto currencies.
And also creating a transparent and immutable ecosystem where a freelancer's reputation will be clear for all to see.
The platform will run on the Gigbit tokens (GBTC) which is the official cryptocurrency of this platform,and it is the currency with which employers will pay freelancers for job done and all transactions within the platform is paid for.
The Gigtricks platform is the freelancing platform of the future, come join us now.
For more information on the Gigtricks platform and the Gigbit tokens visit
