All You Need To Know About LibertyLance
LibertyLance is a platform which has integrated Ethereum blockchain and freelancing methods. It is predominantly a framework intended to create the strong association between the clients and freelancer. Today, there are many platforms such as Upwork, Fiverr, Guru etc which provide the freelancing job services to job seekers. These kinds of freelancing platforms are not less in number but LibertyLance is distinctive than existing ones.
Freelancing has become a new trend these days where it is difficult for individuals to go out and work. Moreover, students who are in dire need of money also appreciate these platforms because they can continue their studies along with it as it provides them enough flexibility. In the U.S. there are more than 35% employees who are in the profession of temporary jobs or short-term contracts. This figure is going to increase by 10 to 15% within coming years.
Technical Specifications of LibertyLance
Nowadays individuals are looking for the applications and software that are able to provide the security to the user’s funds and execute the transactions with anonymity. There are following kinds of algorithms and technology used which makes it a reliable ecosystem.
· The Technology behind LibertyLance is Blockchain. And, the backbone of LibertyLance is the use of smart contracts which facilitates the collaboration between users and platform.
· Smart Contracts is helpful in creating the environment where freelancers and users can freely interact and the information is automatically processed. Its interface is very simple and easy to operate.
· Democratized Autonomous Platform is particularly used for LibertyLancers to expand their network base and also supports the individuals in participating in the decision-making process. It is the prime concern for many of the users which ultimately is fulfilled by LibertyLance and not by any existing freelancing platforms.
· Flexible Marketplace also supports in creating the kind of ecosystem which enables the users to easily connect with the freelancers. It has the ability to change the marketplaces as in the long term; short-term contractors will be on the priority.
What is the Core Idea behind the LibertyLance?
The main reason behind the launch of LibertyLance is to provide the users and freelancers with a decentralized platform. The third-party users are eliminated via the process of LibertyLance. The automatic payment procedure has freed freelancers from a great burden of releasing payments every week. In fact, it has created the trust between two parties. Here, the work comes to the freelancers instead of them looking for work.
The jury mechanism prevents any injustice happening with any of the parties. Moreover, if the users are dissatisfied with any kinds of reviews, they can easily remove them. It also secures the funds of freelancers and users.
All these features create a reliable, transparent, interactive, and communicative freelancing platform. LibertyLance is a robust and integrated framework which facilitates the fair interaction between freelancers and users.
The LibertyLance Team
LibertyLance is a mission whose objectives are simply to integrate the blockchain and freelancing. Thus, a dedicated team of managers, advisors, and engineers is putting their efforts to the best to make this a revolutionary platform.
The Founder & CEO of LibertyLance is ‘Dawood Khan’ who is a Digital Marketing expert and blockchain technology. The Co-Founder of the LibertyLance platform is known to be a Java expert and an enthusiastic supporter of Smart Contracts and Cryptocurrency. The Lead Developer of LibertyLance is Yousuf Iqbal who is a software developer.
There are other members of the team which manage the area of Marketing, Public Relations, and Legal Compliances etc.
The LibertyLance Token
LibertyLance has issued LTN tokens to enable the voting mechanism in case of any disputes. Tokens become necessary as there are no third-party users involved to resolve the issue. Thus, the one who gets the majority of votes will get all the funds in an automatic manner. This makes a platform decentralized and reliable. Thus, the dispute resolution mechanism is feasible via LTN tokens. It eases the process of voting too.
LTN tokens will also be used to grant access to the marketplace for freelancers which will enable features such as ability to accept client orders, create custom gigs, advanced analytics etc.
How are LTN tokens distributed?
The LTN token sale will take place in three phases-
1. ICO Private Sale: The 4% part of ICO will be sold in a private sale. Here, the total of 2 million tokens will be distributed. The price 1 ETH = 13,500 LTN including a bonus of 35% will be charged for private selling of an ICO. At the private sale, tokens will be held for at least 3 months period.
2. ICO Pre-sale: At the pre-sale, 5% part will be kept for selling and the price kept for an ICO will be 1 ETH =7,500 LTN including a bonus of 20% . The minimum amount for an investment is $40.
3. ICO Crowdsale: 55% tokens will be sold during public crowd-sale. In figures, it comes out to be 27.5 million. There is also a condition of minimum selling i.e. $20.
At all the sales, ETH is considered to be the base rate and thus, all transactions will be done in ETH cryptocurrency.
The LibertyLance ICO Disclosures
· Token Denomination: LTN
· Token Standard: ERC-20
· Token Type: Utility Token
· Platform: Ethereum
· Hard Cap: $ 5,500,000
· Soft Cap: $ 400,000
· Total Tokens: 50,000,000
· Main ICO Token Price: 1 ETH= 5,750 LTN
· Payments will be accepted in ETH and BTC.
LibertyLance is a strong network of freelancers and users. If it is executed well, it can highly benefit the economy. The freelancing market is growing day-by-day which creates the potential for LibertyLance. Gig economy is on the verge of expansion which ultimately gives hype to these freelancing platforms. Thus, it is necessary to maintain the transparency and integrity of the platform.
Private Sale is Live!
Our Private Sale is currently live with a hard cap of 200 ETH at a rate of 1 ETH= 13,500 LTN including a bonus of 35%. Avail this opportunity to be one of the super early supporters of the project.
To Buy LTN Tokens: https://libertylance.io/private-sale
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