Dev Diary #9

Hi everyone, welcome to another Dev Diary. The first Dev Diary after the ICO ;) This time we are going to talk about the option to directly exchange LNC on the Blocklancer platform.

Get LNC directly on the platform

A major problem users’ face with current Coins/Tokens is that they need to buy them on the limited exchange that offer them. Often users still need to create an account on those exchange to actually buy their desired token. We believe that this is an unnecessary hurdle which should be simplified at all cost.

We came to the conclusion that the simplest way for users to acquire their LNC is to offer an option to directly exchange them on the Blocklancer platform itself. Users will therefore be able to exchange LNC for ETH with each other on the platform itself.

This allows every client/freelancer to easily participate in the Token Holder Tribunal or get access to premium features and therefor increase the diversity of Token Holders.

Why do I need LNC?

LNC won’t be a means to pay each other on the Blocklancer platform because there’s already a far better suited currency available for exactly this purpose which is called ETH. Further we plan to add USDT as well.

LNC is a pure utility Token which benefits are:

  • If you hold more than 10,000 Lancer Token you get access to premium features on the Blocklancer platform. After holding more than 10,000 Lancer Tokens for a period of at least 1 month your account will be automatically upgraded to a premium account.
  • If you hold Lancer Tokens, you are allowed to participate in the Tokenholder Tribunal. For participating in the Tokenholder Tribunal in an honest and informed way you will be rewarded by the platform fees.
  • 100% of the platform fees are distributed to the Token Holder.

The premium account includes features such as:

  • Getting access to detailed profile statistics. Know, who viewed your profile and how you can optimize your profile appearance.
  • Only allow the best rated freelancers to apply for your jobs. Your job offers will be predominantly visible to the best freelancers on the platform. Freelancers with no rating or bad rating will not be allowed to apply for your jobs.
  • Your job offers will be higher ranked by our search engine.
  • Your application for a job offer will be ranked above non-premium applicants.
  • Get early access to new features.
  • The minimum amount required (10,000 LNC) will never be reduced.

If you like what we are doing please share the story with your friends and follow along! :)

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