Why is GigTricks Dispute Management System Different?

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GigTricks

7 min readSep 7, 2018

Whenever being involved in a social platform or group, 6 out of 10 are the chances of you being involved in a dispute. What matters is if you are right and being termed right, in conclusion, or not? As you are aware of your own righteousness but others are not. Easily you can see people favoring those against you, because they know them for quite long, or are friends with them. In such cases, injustice is often recorded and unjust punishments to be deemed.

If we talk about the gig industry, here the situations don’t really change. Things are very much similar to any other dispute. And so are the resolution processes, not really effective and neither properly functioning. In the gig industry, it is often observed the buyers not paying for a gig because the seller engaged in a dispute with him. Or the gig isn’t up to the mentioned details and requirements. You can’t really do anything about it, but either get paid less or get to hear things that aren’t amusing to be heard.

I Am Here to Rescue You!!

What about I tell you a platform that has done remarkable workovers to bring to you an effective dispute resolution management system? You won’t believe me at first, but once you go through the whitepaper yourself, “you’d become a believer and you will believe”. By now you must be intrigued, and to end your curiosity I am revealing to you the platform’s name that is GigTricks.

What Makes a Dispute Arise?

I’ll call it a dispute when the buyer and seller both don’t come to terms on an issue. As if the buyer wanted a precise thing but the seller managed to deliver something different. Or the initial agreement was something else but the buyer is claiming the otherwise. Normally in my case, I have been threatened by a client of giving me negative reviews, even though I followed all the instructions in a right way. So these are a few possibilities you might have encountered in your freelancing career.

A Revolution to the Gig Industry

About GigTricks it can safely be said without any arguments, that this platform is a revolution to the gig industry. It has come into existence to bring change to the way things were in the market. Freelancers would experience a relieving awe, as they acquaint with the ecosystem.

The ecosystem has been built on the essentials to ease the life for both, the freelancers and the buyers. Things are to be made simple, and no disturbance to be encountered by either of the parties. If you haven’t heard of GigTricks yet, then I believe you are not really paying attention to the advancements in gig industry that are about to change the lives of freelancers and entrepreneurs alike.

With GigTricks you will be experiencing a lot more on offer than you can imagine. GigTricks plans on becoming the first of its kind, with a basket full of features and functionalities that will allow the participants to grow in their venture and earn like a pro. It is going to be a decentralized blockchain based ecosystem where both parties will have equal opportunities. If we talk about the security, GigTricks seems to stand out, other than that the reliability has no comparisons to any other platform.

But the thing I want you to discuss in detail through this article is GigTricks’ amazing Dispute Resolution & Management System. So let’s get started with it.

Dispute Resolution System

GigTricks is an advanced freelancing platform which will be a network of five innovative platforms interconnected altogether and integrated into a single ecosystem. Each platform different and offering a different service to you. The thing that makes the platform so unique is the use of blockchain technology. Yes, you read it right GigTricks will use blockchain technology and it will be a completely decentralized ecosystem. A reason for it being secure, reliable and data corruption proof is the technology being used.
Other than being based on the blockchain technology, GigTricks tends to better the system as compared to its competitors in every possible way. The thought I believe was to observe the flaws of other freelancing platforms, and better them in the shape of a new freelancing environment namely the GigTricks.

One such thing that was the same in every centralized freelancing platform of today was the dispute management and resolution system. Prior to GigTricks, other networks didn’t offer much attention towards the resolving of disputes. Whenever a dispute comes across the freelancing platforms try resolving it through a centralized process. If you ask me, the real problem lies with the unfair and biased disputed management process that may make you lose your heart. They (GigTricks) don’t really work on bettering the process but to introduce a system projected towards changing the way things used to be. A secure, reliable, effective, and accurate dispute resolving process. Which will be unbiased, and the process is mentioned as we proceed further with the article.

Fully Decentralized Dispute Management System

So to the Dispute Management System, GigTricks have introduced a polling system. Whenever a dispute has arisen, both the parties are accommodated with an option to raise the dispute and hence it will be resolved via community voting process.

The intention here is to transfer the power to the community and let them vote for whomever they find to be right. Thus an environment that is free of bias behavior, and is trustable is brought into use. Since people are voting at random, so the results are going to be fair. If you are wondering who are the people that will be voting? Well, they will be a part of the GigTricks ecosystem; buyers and sellers who are top performing in ecosystem activity categories.

Are you wondering, why will anyone vote? How is the ecosystem supposed to provoke people towards voting?
GigTricks knew such questions will be asked, and they already seemed to have answered it in the whitepaper. They will be alluring the top buyers and sellers to vote, by giving them a chance to earn GigBit tokens in return. So you won’t be a part of the dispute resolution process for nothing. In fact, this will be encouraging others to take part in the voting process making the GigTricks platform fair and free of unresolved disputes.

How Will the Dispute Resolution Be Incentivized?

Do voters have to pay to vote? Yes, you will be asked for an initial fee (nominal) that will allow you to be a part of the dispute management process. Once you pay the GigBit tokens, they will be stored in the escrow temporarily.

Earlier I mentioned, the dispute resolution process is incentivized in the GigTricks platform. How so? To put it to simple words, you will be sent a request asking you to vote on a dispute. Once accepted, 0.25% of the disputed project’s budget be charged temporarily and beheld in the escrow. Once you have voted the money held in the escrow it will be sent back to you. Moreover, if your voted party has won the poll, you are to be given a bonus in return in GigBit token. However, in case of your voted party lost then a minimum deduction will be made of your tokens held in the escrow and then be returned to you.

What is the motive behind Tokens in Escrow?

Consider the number of tokens in your escrow be held as a leverage so that you may be unbiased while voting. GigTricks wants to eliminate every single chance of biasedness. Hence, your tokens will remain in the escrow and a reward for you to vote fairly will be made to appreciate your honesty; though a penalty will be applicable for biasedness. The idea is to make people believe in the sincerity and fair dispute resolution process. So that their disputes may end in a benefiting way for the parties and the GigTricks ecosystem as well.

Who Can Vote?

As dispute is commenced, on random top performing users (buyers & sellers) are going to be picked by the system at random from a voting pool. These people will be given an opportunity towards, earning incentivized tokens, for being part of the voting process. So you have to be a top performer if you want your way up in the GigTricks ecosystem.

Voting Pool

I might not have mentioned it earlier, but to able to vote and be part of the resolving process you are required to pre-qualify your profile in the voting pool. This is done to keep the users who are low-performing away from the voting process and only allowing experienced users to become a part of this system. There is a criterion that is specifically sketched for the users to meet, in order to qualify for the voting pool.

The Criteria for Voting Pool

The criteria that are required to be met, for the buyers and sellers are distinct. Below is mentioned what is required from the sellers (aka freelancers):

· Your skill score rating will be considered

· Profile ratings

· Earnings

· Followers

Whereas for the buyers, it is as follows:

· History of Transactions

· Location (regional)

· Followers

All the attributes mentioned above are going to be essential if you wish to pre-qualify your profile in the voting pool. It will determine how experienced you are in the GigTricks ecosystem.

The best thing about the process aforementioned is the simplicity of the entire process. It is devised in such a way to encourage people towards being a part of it. Moreover, the process of voting is easy to follow, and the concept of reward is what’s going to urge people towards voting fairly in an ethical way. As we are all cynics, therefore GigTricks is seeking to make the gig industry better by eliminating the unresolved disputes through the voting process.

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