ConnectJob Announces Main Sale and Smart Contract Update

connectjob_io
4 min readFeb 16, 2018

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ConnectJob is proud to announce that its two-months long pre-sale event has successfully ended with 63 million of its CJT utility tokens sold. The event, which aims to place the future of the $900 billion gig industry in the hands of jobbers and service seekers, has received overwhelming support from the community, surpassing its $7 million soft cap.

$9 million was successfully raised during the event, signalling the community’s strong desire for a platform where they can seamlessly connect with each other and exchange services and values. With ConnectJob, users will be able to access and experience a “best-in-class” service engagement and delivery. Users will be able to directly engage the services of professionally vetted and highly-skilled jobbers in their locality through the platform’s integrated geolocation tools.

Developed on Ethereum blockchain protocol, ConnectJob will enable users to connect with over 30 different kind of services ranging from shopping to laundry, plumbing, gardening, cooking and catering, coaching, hairdressing, and driving. Through smart contracts, users can securely engage jobbers for their daily chores knowing that payment will only be made when the job is completed according to the pre-agreed terms. Jobbers no longer have to worry about not being paid by clients after a job.

ConnectJob’s enterprising smart contract protocols eliminates the need for third-party intermediaries in any negotiation or engagement. Smart contracts protects both service seekers and jobbers by acting as a tamper-proof and decentralized escrow system. By disintermediating the system, ConnectJob is facilitating a direct medium of exchange for the gig economy that effectively eliminates the chief cause of the industry’s stagnation; centralization.

Fear, Uncertainty, Doubt?

The traditional system for engaging on-demand workers is highly centralized, fraught with risk, and layered with uncertainty. Service seekers have no way of truly ascertaining the veracity of a freelancer’s reputation, while freelancers have no confidence in the ability of their employer to honor the terms of engagement.

ConnectJob will employ rigorous and thorough employment techniques through its proprietary platform to screen jobbers. Jobbers will be required to follow a reliable and detailed recruitment process. This will involve a review of applicant skills and previous experiences via interviews with local team recruiters, and if necessary, a final round via video conference with a ConnectJob HR member.

ConnectJob’s network is secured by two layers of protection on the blockchain:

  • Smart Contracts
  • Reputation

Smart Contract: Smart contract can be considered as the digital law of ConnectJob’s ecosystem. This law has been crafted by lawyers and is legally binding, effectively creating trust in every engagement and ensuring that defaulters will be penalized.

Reputation: For every engagement, jobbers will be awarded reputation based on the outcome of the service engagement and peer review. This information will be recorded to the blockchain, creating an immutable record. Any data stored in the block is visible to anyone else, making it easy for service seekers to check up on the job history of any jobber and jobbers to check their employer’s reputation. Since this information can not be tampered with or faked, users can confidently engage each other without needing to trust anybody.

Integrating these protocols into its identity management platforms, ConnectJob will also allow Jobbers to certify their ConnectJob reputation and leverage their hard-earned reputation as a proof of reliability on other platforms, without having to build this reputation from the ground up. ConnectJob will also accept those kinds of certification from other reliable platforms to contribute in order to create a global reputation system on blockchain for the gig industry.

An Evolving Token

ConnectJob is powered by its highly adaptive CJT token. CJT has been designed to always meet the needs of users and technological advancement. The token offers the following:

  • A 10% discount on all service engagement when paying with CJT
  • Access to VIP and Premium services
  • Priority access to highly-rated jobbers during peak demand
  • Priority access to specific/exclusive services
  • Top referencing
  • Access to user engagement and map price
  • High liquidity
  • Reward distribution for milestone achievements

CJT main ICO is live, offering 2400CJT per ETH with a 12% bonus on every purchase with no minimum purchase. Contributors can contribute to the sales using Ethereum (ETH) or in fiat (USD/EUR).

For more information please visit: http://ico.connectjob.io/

Media Contact: media@connectjob.io

Suites 7A & 7B, 50 Town Range, Gibraltar / +44 203 936 2998

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