Ethearnal / Freelance system

What is Ethearnal?

Ethearnal is a peer-to-peer (P2P) freelance system, in which employers and freelancers meet, enter into trustless smart contracts with reputation and money in escrow, and take advantage of a decentralized system of moderators if needed. We collide reputation and economic initiatives into one by tokenizing reputation and giving it value. All parties, moderators included, have strong and aligned initiatives to act honestly, since everyone has something of value at stake and something to gain if the desired outcome is achieved.

“For Freelance/Gig work, the numbersfor Europe are 8.9 million. Research also shows that India’s independent workforce is 15 million. With regard to the United States, the Freelance Union’s “53 million” report states that the number of freelaners in the U.S. stands at 53 million. This puts the total number of formally identified freelance workers globally in the region of 77 million. Because there is no other publicly-available data for other countries, this number reflects a percentage of the
global freelancer workforce.

Freelancers can create listings presenting their services and push them on the network using a web client. On the backend, we use IPFS (interplanetary file system) to keep and distribute their listings
on a peer-to-peer basis. No servers needed. They don’t have to keep their web client online; the offers just live in the cloud.

What is ICO 2.0?

The ICO is plainly one of the considerable developments to leave the blockchain business. It offers opportunity to the individuals who improve from brutal treatment by Venture Capitalists. This is unmistakably an option imperative to the individuals who are closed out from getting costly VC capital with a greater number of strings connected than one can tally. The ICO 2.0 tackles the majority of the issues ICOs are stood up to with and offers a path forward in which speculators can settle on an educated choice, and CEOs get the chance to accomplish their fantasies while living in flexibility. So be it.

To clarify promote what an ICO 2.0 is, we have to find out about the JOBS Act, which was marked into law on April 2012, route before anybody comprehended what a Bitcoin was. This new enactment is one of the best accomplishments in present day capital developments. Without precedent for a long time, conventional financial specialists would now be able to put resources into new companies and imaginative blockchain organizations.

The demonstration is partitioned into three fundamental parts:

Direction D 506(c), where licensed speculators can contribute without any points of confinement. Financial specialists should be confirmed and pass the Bank Secrecy and USA Patriot Acts test additionally called AML/KYC/CIP (cherish those acronyms).

Control Crowdfunding, where anybody can contribute and the organization can raise up to $1.07M every year. This is rad.

Control A+, where anybody can contribute and the organization raise up to $50M every year after the SEC has qualified the advertising. While more costly, it is the eventual fate of ICOs.

Ethearnal is paving theway to ICO2.0

Have you ever asked yourself why you should TRUST ICO creators to handle your funds fairly and actually deliver on their promises, when the whole idea of crypto is to be TRUSTLESS? Since we now have the technology to replace TRUST with self-enforcing smart contracts, why are we still doing things the old way, based on promises?

We propose a way where you, the INVESTOR, control how and IF we spend money. The system we propose ensures that at any point in time you front 10% of your investment. Every token holder can initiate a voting process to terminate the project and get proportional refunds on the remaining funds.

Hot it works?:

-Upon completing the ICO, the smart contract automatically distributes the tokens to you, and 10% of the collected funds to us. We use that money to start working. We update you on the progress of the project regularly via email, Reddit, Twitter, Slack and Telegram. You can follow development closely on Github.

When we run out of the initial money, we send 0 ETH transactions with additional data to the smart contract, asking to start a voting process. It continues for one week. On all social media channels, we explain and SHOW what we have delivered so far and for what we will use the next increment of 10% funding.

Based on that, you decide if you want to vote in favor of providing us the next 10% increment of funding or not. You do that by sending 0 ETH transaction to the smart contract with additional data telling the contract if you vote YES or NO. This will cost
you the gas fee though

Every token holder can initiate a termination process. You send a 0 ETH transaction to the smart contract with data telling it you want to start a refund process. You cannot get an individual refund. If voted yes, the contract refunds all of the money left in it proportionally to all the token holders, and kills the project. Since the people that still count on the project and want it to continue will be refunded as well (if they are a minority) and this cannot be undone, we propose more serious thresholds for this
to happen, in order to ensure that the consensus is significant and that few people will be unhappy with the termination.

ETHEARNAL REPUTATION TOKENS (ERT)

Them can be earned in two different ways:
1st. Directly buying them on the free market. That way, anyone can start right away and avoid the egg and chicken problem of new freelancers who need reputation to get contracts, but need contracts to get reputation.

2nd. Taking jobs on the network and being rewarded reputation tokens upon successful completion