In an era of massive technological advancement, a lot of changes and innovations have been introduced into the workplace and work environment especially as it concerns project implementation and team building. This trend can also be noticed in the growth of freelancing and freelance platforms.
However, these freelancing platforms all do have their challenges. One of the challenges has to do with user interactions as the interaction on those platforms is mostly available for p2p users. This is a challenge because freelancers who are working on a project needs live communication for a seamless completion of their project in record time.
Another challenge that is faced on some of these platforms is the lack of guarantee of timely payment and work performance.
Also, following the development of the blockchain technology, a number of decentralized platforms have also been developed that make use of the Ethereum blockchain technology. The problem with these platforms, however, is that they are slow and expensive as the cost of a smart contract transaction can exceed $2 (U.S. dollar).
Currently, the available freelance platforms charge very high commissions and fees. In fact, the current fees and commissions of the global freelance platform market range between 2.7% to 20% of the amount involved in the transaction.
The current global freelancing and team building space is really facing problems and is hungry for innovation
Bringing Innovation to the Project Implementation and Team Building Market
To bring the most desired change and technological innovation to team building, the UMKA platform was conceived. UMKA is a decentralized labor market and team building platform that is developed using blockchain technology.
UMKA is working with a vision to tackle all the identified challenges which are facing the global project implementation and team building market.
AgileSC, a fast turing-complete blockchain, composed of inexpensive and flexible smart contracts, will be utilized on the Umka platform.
UMKA would also be developing mobile applications for Android and iOS.
For a less expensive transaction cost on the platform, UMKA would be charging a transaction fee 1% of the transaction amount.
UMKA would be deploying EOS blockchain for fast and free smart contracts.
UMKA Token
Issued on the Ethereum Blockchain, UMKA token is ERC20 standard. UMK is the token symbol. Considered as a security and an investition token, the symbol of the UMKA token is UMK. UMKA has a total token supply of 180,000,000 UMK
Token Sale Dates
Close presale of the UMK Tokens would be on the 1, May 2018 while the public sale of the token would hold from the 1, June 2018 to 1, August 2018.
The UMKA Team
The UMKA project is being championed by a very energetic team. The team members include the Chief Executive Officer (CEO) Timur Akhmedjanov, the blockchain expert COO Sergey Sukhanov, and the project CTO Evgeniy Mitrofanov.
UMKA also has a team of expert advisors comprising Nick Mikhailovsky and Maxim Khalim.
Conclusion
There is no better time than now to promote and introduce efficiency into the team building market, especially following the high growth which is expected in the freelancing platform market and UMKA is taking the bull by the horn to address the challenges of the market.
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Author - Coltpython
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