In our current day and age there are skilled workers who are unemployed yet there are businesses that are unable to increase revenue due to lack of talent and growth opportunity foresight. Here are the hard facts:
- 470 billion hours of human capital wasted annually from lack of work
- $3 trillion potential earnings lost annually from unemployment
- $10 trillion of lost economic opportunity annually by 2030 from labor mismatch within countries
- 915 million people lacking work with access to the internet
Now imagine a world where people from even the most restricted parts of the globe are paid their optimal wage through access to extensive job opportunities. A world where businesses can optimize and endlessly increase their growth potential. We envision a world where people and businesses hold the power to seamlessly create opportunity for themselves and others.
Librium is a blockchain platform that drives forward this vision by connecting workers with jobs offered by businesses and businesses with revenue opportunities enabled through service providers (SPs). This three way ecosystem, called the Librium Ecosystem, connects markets of oversupply to markets of undersupply all done through the power of the blockchain, removing the social and economic costs of cross-border transactions.
In other words, workers seeking jobs join the Librium Ecosystem to provide businesses with the thousands of skills necessary to grow. Businesses join to seek talent and leverage service providers. SPs mine data and identify business opportunities for businesses. For instance, SparkSales is an SP that deploys its proprietary chat-based sales system and algorithms on e-commerce websites to leverage workers to increase online sales. Blockchain technology enables a resume and credentialing system for job and talent discovery as well as keeps performance records of all parties.
The Librium EQL token is the token for this decentralized global labor market. It enables efficient microtransactions and will be the fuel at the center of the Librium Ecosystem. Incentivising and paying on the blockchain, it empowers a new way to do work. In order to build this ecosystem 400 million EQL will be offered for sale, out of a total supply of 1 billion tokens in a Pre-sale and Token Generation Event. We aim to create up to $18 million of EQL for sale in exchange for ETH.
Join us on our mission of bringing equilibrium to the global labor markets. Stay tuned for more information about the Pre-sale and ICO!
Read more about us at https://librium.com/
Download our whitepaper here https://librium.com/documents/Librium_Whitepaper.pdf