WorkX

Internet Jobs

6 min readNov 19, 2023

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Introduction to X’s Work

WorkX is a decentralized work platform. A place where job seekers can match employers by showcasing their verified skills. It is a zero-marginal cost platform for all types of work on any contract that minimizes labor costs and optimizes salaries by cutting commercial costs. Work X will be supported by utility tokens and governed by the DAO. Additionally, users can enrich their profile data with assessment & development courses with WorkPi dApp and store them in their personal SSI wallet; making it a safe and peaceful environment. This is just the beginning; we have big plans for the future.

Who is Job X Aimed at?

Employees: We welcome everyone, including individuals who are actively looking for work as well as those who created their profile for (possible) later use but prefer to keep it hidden. We also accept people who create their profile for (possible) later use but prefer to keep it private.

Job X is open to any company that is hiring new employees. New start-ups and established businesses, corporations and government entities, distributed autonomous organizations (DAOs), and individual hackers, etc.

If you are a freelancer and want to make 10–30 percent more money for the same work, you can create on-chain jobs by leveraging single-use Web3 layers. This will allow you to keep control of your reputation across multiple platforms and also allow you to make more money.

While existing approaches are unsustainable in the long term, technological advances have made it easier to close the gap that exists between companies and workers. The topic of whether the fees charged by freelance platforms result from a sustainable and effective economic model is a relevant one in a society where technical progress occurs on an ongoing basis. Freelance platform business models may become inefficient and unsustainable as a result of the proliferation of decentralized marketplaces and the increasing trend of disintermediation. Job X’s goal is to provide an economically optimal, efficient and suitable platform for any type of work on any contract, with the aim of keeping commissions to a minimum while maximizing wages. In addition, Work X will use an innovative technology platform known as the Work The Work X Token ($WORK) can be used to gain access to the Work Users are given the opportunity to engage with the Work X Platform through the tokens they own. Users are given the opportunity to interact with the Work X Platform.

World Wide Web of Opportunities: X Jobs

The economic platform known as the “Internet of Jobs” will become easier to operate due to the involvement of Work These employees often participate in flexible work and are classified as independent contractors. They will not be given a contract, but will instead be recruited for a specific task or specific period of time. The relationship that exists between employers and their ‘employees’ is much more comparable to the relationship that exists between businesses and customers. [1] As already mentioned, recruiting flexible workforce rather than permanent personnel has become a common practice. Workers are considered customers by employers, who sometimes are not even in the same physical location as the worker. The worldwide COVID epidemic is contributing to the accelerated growth of the gig and freelance platform economy. The number of people working in the gig economy increased by 15% between 2002 and 2014. Between 2010 and 2014, the expanding use of independent contractors accounted for more than 30 percent of all new jobs worldwide.

WorkPi

It is possible that a high reputation score and reasonable prices are enough for you to engage a particular service provider when you are looking for someone to clean your house or repair anything. However, if you are hiring someone for a position that requires credentials and/or full-time work experience, you may be more concerned about the compatibility of both parties. When you’re looking for a job, one of your main goals is to find something that fits your skills, personality, and the environment you like working in. For this reason, we introduced WorkPi: a differentiated organization that provides the ability to improve data profiles with an open marketplace for evaluation and development courses. WorkPi was created by us. WorkPi also provides businesses with enterprise solutions designed to assist management in determining the factors that contribute to employee performance and job satisfaction in the workplace. There is significant misunderstanding regarding which indicators are most important for success, and as a result, businesses look for talented employees in the wrong places because of these signals. In addition, as a result of technological advances, the nature of work experiences a linear progress process, but the rate of change in work is exponential. If a company waits long enough, a large talent gap will occur, resulting in a costly impact of +/- one million US dollars as well as multiple impacts, some of which are listed below:

Loss of productivity equals 45%
26% drop in revenue
Higher employee turnover rate: 40 percent
Decreased morale by 39%
Lower quality jobs accounted for 37%
Inability to grow business: 29%

Cost Efficiency with Job X

Work X doesn’t just deliver innovation; it’s also cost-effective. When companies create job openings, they only need to pay a small fee to cover the costs of running & maintaining the Work Learn more at www.workx.io and whitepaper.

The Future is Bright with Job X

APG pioneered this path by adopting the Work X strategy, positioning itself as a data-driven innovator. As the digital world continues to evolve, Work X’s commitment to leveraging AI, machine learning and data analysis sets it apart. Dive deeper into this offering at www.workx.io.

In the bigger picture, Work X is not just about one organization. The vision includes the transformation of the entire employment ecosystem. With a platform like www.workx.io, the potential for change is limitless.

Token Distribution and Fund Allocation

At the Token Generation Event (TGE), the tokens and funds generated will be allocated proportionally to various use cases and operations. In the “Vesting” column of Table 1 you can see the vesting period of each of these token allocations in months. Not only will tokens purchased by initial buyers have vesting periods, in fact buyers have some of the lowest vesting periods while most Work X allocations vest over longer timeframes. For example, the intended DAO will unlock its funds gradually over 5 years without any tokens being unlocked on the TGE.