LanceChain is the decentralized marketplace for both freelancers and project owners, based on the blockchain ecosystem with 0% commission and no central authority. In mission bring the freelancer closer to the customer and vice versa, while removing all unnecessary obstacles and ensuring proper talent allocation.
Annual “Freelancing in America” 1 study predicted that by 2027 (less than a decade from now) the majority of US workforce will be freelancers. Meanwhile, around 50% of the millennial workers are already freelancing today. Only in 2017 in US, freelancers contributed an estimated 1.4 trillion dollars to the economy. If we compare with the previous year, 2016, we see an astonishing increase of 40%. Currently over 57 million people in the States work remotely with the number going up every minute. In 2017, the total number of formally identified remote workers exceeded 75 million. In this constantly expanding environment, we saw the need for LanceChain - a one stop shop for both freelancers and project owners with 0% commission but with 100% security.
Geography and Demographics
Never has it been easier for people all around the globe to work together and mutually benefit from each other. This is why there are many websites which offer the service of connecting freelancers to employers.
Freedom
Freelancing is essentially freedom. By participating in LanceChain, you help more and more people explore new opportunities and enjoy that freedom.
New Revolutionary Economy
The gig economy became synonym of mobility, freedom, on demand services, independency, technological advancement and innovation - all qualities that describe the digital world today. The freedom to tweak working time & environment only by personal preference and develop the desired skill set makes the freelancing even more attractive - as a result the gig economy is flourishing & growing rapidly. LanceChain offers its users the platform where they can take their career one step further while contributing to the blockchain ecosystem. For business owners, LanceChain is the place they can get access to world’s top talents and ensure 100% quality.
The capitalization of the freelancing economy for 2017 is 1.4 trillion US dollars. If only 0.1% of the Freelancer community were to use our platform – which is feasible for our project - the amount of money in circulation on LanceChain would exceed $1,400,000,000 USD.
At the end of our market overview , we would like to briefly outline the advantages of LanceChain in comparison with the currently used platforms.
By utilizing the blockchain concept LanceChain can achieve a cost-efficient, transparent, high quality and secure manner.
Besides freelancers and business owners, there are two more important roles on the platform, crucial for the overall success:
The whole platform will work based on several abstraction layers allowing easy enhancement, modifications, additions and replacements of the underlying technologies and services. The users will interact with a simple and intuitive to use front-end layer in the form of web application working in the browser as well as iOS and Android mobile apps, all designed with a great user journey in mind. The front-end layer will be the connection bridge to our own backing services and the public blockchain responsible for the business processes in place.
Early Adopters Program
We have allocated 10% of our total LANC token supply to incentivise the early users of the LanceChain platform. What does this mean:
Our early adopters program will be active until all 10% allocated of the total LANC tokens supply are successfully handed to our first users.
LanceChain will always be an open, free-to-use, commission-less platform. By having the core functionality completely free of charge in combination with premium features, LanceChain will attract the most customers.
Premium features carefully gathered into tiered subscription plans will allow our users to select and purchase the deal suitable for them. Token holders that possess above a certain threshold of LANC tokens will automatically be subscribed to a premium plan for free.
To hire one freelancer whose rate is $30/hour, the business owner will need to pay $36/hour - 20% more than the freelancer’s required fee. For a standard month of 160 working hours, the business owner will pay $5,760 instead of $4,800, spending $960 on commission. If we look at that number for an year, a sum of $11,520 is spent on commission. And if the project requires three freelancers at an average of $30/hour, we are now looking at $34,560 that could be otherwise spent on business’ marketing, etc. With LanceChain, no matter how many freelancers are hired, business owners will only pay the subscription fee per month, starting at $19 monthly.
Centralized API Layer
The centralized API layer serves as a communication layer for the end user and the blockchain layer. It provides an API (Application Programming Interface) for the User Layer to communicate with data that is stored on the decentralized blockchain layer.
Blockchain Abstraction Layer
The blockchain abstraction layer will sit on top of the Centralized API layer. While LanceChain is currently built on the Ethereum Virtual Machine (EVM), we believe the blockchain world is still in its genesis phase and developing technologies will emerge as we pursue global decentralization.
Decentralized Blockchain Layer
The decentralized blockchain layer will utilize the Ethereum Virtual Machine (EVM) to store immutable, unmodifiable data.
Database Abstraction Layer
Similar to the Blockchain Abstraction Layer (BAL), the Database Abstraction Layer (DBAL) will be used to future-proof the application and add the ability for LanceChain to easily add an additional solution in the future for decentralized database storage, such as IPFS (inter-planetary file storage).
LanceChain use blockchain because:
Unique features
For Businesses And Freelancers
Benefits and features applicable to both freelancers and business representatives:
Benefits and features applicable to freelancers:
Benefits and features applicable to business representatives:
The LanceChain users will be complemented by native Android and iOS mobile applications.
The LanceChain Token
As LANC implements ERC-20 standard on the Ethereum blockchain, it will be compatible with most of the existing wallets and exchanges, guaranteeing high liquidity. On top of that we are aiming integration with at least two major exchanges by the end of July 2018.
Website: https://lancechain.com/
Whitepaper : https://lancechain.com/whitepaper
Author : ririsw
BTT URL : https://bitcointalk.org/index.php?action=profile;u=1820137
