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GigTricks: ICO Review

vladiik4(26)

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About the GigTricks Project

GigTricks Limited is a privately held company limited by shares and established in Gibraltar, in accordance with the Company Act 2014 and registration number 117112. Gibraltar was chosen to create because of its understanding that its jurisdiction is crypto friendly.

The functions of these directors shall be responsible for the activities of the company and monitor the Company's activities on a daily basis. The Board of Directors exercises their powers in accordance with the Company Charter and their fiduciary obligations to the Company.

They are endowed with all authority to perform all necessary or useful actions for the management and control of the company's business and the development of the GigTricks platform.

MISSION OF GIGTRICKS

The GigTricks company is seeking to create a completely upgraded version of the current freelancing platforms that will be futuristic in its ability to offer various opportunities, minimize the risks and create a winning scenario for all stakeholders that are involved.

GigTricks have a vision in which they plan to become a reality. This vision can become a reality as it creates a viable, accessible and low cost freelance platform that will seek to benefit as many countries as possible!

The Technical Aspect of Gigtricks

The new project is using the Hyperledger fabric concept for their project, and it does come with a number of benefits from a technical point of view. For example, it will allow individuals to safely store their data on nodes within the blockchain with them being in full control of who is then going to be able to gain access to their data.

This security side of things is massive considering the fears that we generally have surrounding all of this, and it will also prevent the information being made public and opening up the individual to potentially harmful activity.

For the freelancer, as they set up their profile and complete jobs, then that data is going to be available for others on the blockchain to view and to decide if they are going to hire them or not. It does provide complete transparency, but at the same time they are able to still control what is going on.

With the inner workings, it allows individuals to bid for gigs, be paid for them, leave reviews, message clients or freelancers, and anything else that you care to imagine. The only difference is using the blockchain and all of the pretty impressive benefits and advantages that come with it.

Featured Products

Marketplace

Gig Tricks Marketplace connects entrepreneurs with independent professionals on a global scale. It will act as a mechanism to connect specialists to each other's trade in services (using the emblem of the economy).

Profiles based on blockchain

Gig Tricks Pro is a global platform for professionals to demonstrate their professional profiles that are tested in the GigTricks overproduction. Offers a variety of profiles, which show an individual skill rating.

Training sessions

GigTricks Learning is a global online center of excellence where entrepreneurs and freelancers can acquire the skills they need to improve their businesses and professional profiles for additional achievement.

Social networks

GigTricks Social focuses on increasing the level of participation of ecosystem participants, allowing users to track, send messages and share information. He encourages community members to communicate.

Payment

The GigTricks PoS will give retailers the opportunity to increase their sales revenue in the physical world. The generated sales and revisions are recorded in the block.

Token GIgBit (GBTC)

This presented token is based on the ER20 format and works on Ethereum devices, as it will simplify community and market acceptance. Items based on Ethereum are good solutions for conventional payments that exceed a small amount, for example, $0.0001.

GigTicks will use Gigbit credit to make micropayments more profitable. Gigbit loans cannot be sold. They will be launched by the platform and can only be converted into GigBit markers. You cannot send a Gigbit loan from one user to another, regardless of platform.

Overall Conclusion About Gigtricks and the ICO

So, what can we say about Gigtricks and their ICO? Well, they do have a good concept to explore, and it is very easy to see where there would be a market for them as the gig economy is huge news at this moment in time.

The fact that they are attempting to address some of the main concerns that people have surrounding this industry is another added bonus, and as long as they can achieve this, then there should not be too many problems in their project taking off.

From an investment point of view, the main concern has to be whether or not they can get enough freelancers to move across to their platform, and if there is enough work there for them to make money. If they can get this side moving, then the entire platform will work well and it would then turn into a good investment.

The gig economy is only going to continue to grow, so now could indeed be the right time for a project such as this to come to the fore just as long as the team behind Gigtricks does everything correct from the outset.

GigBit TOKEN, (GBTC)

GigBit marker, (GBTC) based on the ERC20 format, and works on the Ethereum netbook, as it will be easy to use and market the community. Ethereum-based marker, is a good solution for routine payments that exceed small amounts, such as $ 0.0001.

The GigTicks project will use Gigbit credit for micropayment to make it more economical. GigBit loans are not traded. They will be released by platform and can only be converted to GigBit bookmarks. Gigbit credits can not be sent from one user to another, regardless of platform.

This cryptographic token (GBTC) is designed to allow payments through its member ecosystems around the world.

Token Allocation :

Initial Token Bid = 250,000,000: 25%.
Team and Advisor = 150,000,000: 15%.
Ecosystem Incentives = 200,000,000: 20%.
Marketing and Bounty = 50,000,000: 5%.
Liquidity Fund = 50,000,000: 5%.
Treasury = 300,000,000: 30%.

Process Usage :

Marketing = 34%.
Operational Cost = 28%.
Platform Development = 25%.
R & D = 8%.
Business Acquisition = 5%.

Token can be used to :

In-app deals to unlock product or service.
Subscribed users.
Community awards.
Advertisement.
Royalty payments and freelancer surveys.
Token will also work to align the playing field and set up checkpoints for services to be provided.