Phase 1: Vodi Micro-Task

Vodi X
2 min readNov 7, 2019

--

Phase 1 Vodi Micro-Task

In Phase 1 (Vodi Micro-Task), the Vodi X Token will be the equity earned and staked within our Mirco-Task solution. Vodi Micro-Task enables workers (Vodeers) and AI Companies (Vodiants) to have a clean and simple exchange of information (Micro-tasks) for value (VDX). Companies will pay these workers in exchange for tasks needing human interaction and reasoning.
After earning an income, workers will be able to “cash-out” for Vodi global remittance based services (Mobile Recharge, eGift purchases, Vodi Out, and many dApps and apps introduced in Phase 2).

Staking in Phase 1

For the staking of VDX tokens in the job marketplace, both Vodeers (Workers) and Vodiants (Employers) have to stake varying amounts. Vodiants (Employers) will stake VDX tokens equivalent to the value of the micro-tasks opportunity they choose to list. The Vodeers (Workers) will stake VDX tokens according to the tier of the micro-tasks they choose to undertake. This creates a trustless system where funds are managed through the platform, instead of either the company or users.

Users will hold VDX in order to gain access to greater paying jobs and earning potentials. The more VDX you hold, the higher tier jobs you can participate in. It costs VDX in order to complete jobs of higher tiers

Ex.) 1,000 VDX = Tier # 4 (Top Tier)

Let’s say we had 1,000,000 Vodeers (workers) who held 1,000 VDX (Maximum Tier) per-users for micro-tasking. That would be 1,000,000,000 VDX in Circulation. If we had 2,000,000 Vodeers that would be more than our total supply. In this situation, we would half the VDX needed to participate in a tier to keep the ecosystem running smoothly.

Keep following our project and staying in touch as we further develop and add more utility to VDX!

Subscribe to our Newsletter on our Website: https://vodi.io/

--

--

Vodi X

Creating 100+ Million Jobs Worldwide | Democratizing Wealth Distribution: https://vodix.io/