Numbers Protocol Partners with HYVE to Expand $NUM Utility in Web3 Freelancing Space in a More Decentralized and Cost-efficient Way
Web3 is definitely the lit word this year, it creates tons of innovative opportunities for the current market, bringing huge impact to both Enterprises and employees. However, the natures of Web3: decentralization, remote collaboration, and token-driven seem to haven’t found their way to fit in the current recruit model.
HYVE, as the leading web3 decentralized freelancing platform, might play as the game-changer in this mismatching demand-supply situation. We are thrilled to announce HYVE as one of our ecosystem partners, with the aim of building a more transparent, trust-based Web3 era together, and further expand $NUM’s utility by integrating $NUM into both ETH and BSC chains within the HYVE Platform.
According to a report on freelancing platforms and their respective market made by Orbis Research, the global freelance platforms market size is projected to reach a CAGR (Compound annual growth rate) of 15.3% between 2021 and 2026. The rise of freelancing can be attributed to the potential for further career opportunities, independence, higher wages, and a promising shift toward wage equality, especially in Web3, a space now in huge demand for innovative freelancers.
Nevertheless, traditional recruiting platforms such as LinkedIn, Fiverr, Upwork, and Freelancer happen to present an unfavorable environment for freelancers with issues such as commissions fees reaching up to 20%-30%, risk of data leakage on a centralized recruiting platform, as well as the inconvenience and extra cost of the token-fiat exchange.
HYVE is a leading web3 job marketplace. Its decentralized nature facilitates the provision of services among freelancers and companies worldwide. HYVE is the first decentralized labor exchange, or in simpler terms, Uniswap for work and freelancing. All payments are escrowed through smart contracts, meaning that money is instantly and securely transferred between users, while ensuring freelancers receive fair compensation. There are 3 options available when posting on the platform:
- You can choose to freelance and provide your services by posting an offer
- You can choose to hire someone for a specific task
- Or for a periodic engagement in the form of a job.
By partnering up withHYVE, our native token $NUM now can be used as a payment solution on HYVE platform, expanding $NUM to reach more Web3 talents in a more decentralized and cost-efficient way. In the coming future, as our own blockchain — Numbers Mainnet (Jade) launches, we’ll go deeper with HYVE to integrate Numbers Mainnet as one of the supporting chains to bring media history commits, asset monetization, license NFT minting, royalty distribution, and asset collection creation, which we firmly believe are also align with HYVE’s Web3 spirit.
“Since COVID-19, there is an accelerated shift towards online work that has allowed firms to recognize the benefits of hiring freelance professionals. Apart from being more cost-effective when planning a task or a project, it also gives access to a wider pool of talent from which companies can select. On top of that, by working with freelancers, professionals are not bound by factors such as geography, allowing a higher degree of flexibility. By adding $NUM as a payment method on the platform, we want to continue our mission to empower freelancers to a wider range of payments and flexibility, on the other hand, the Numbers Protocol community, to hire people using the native token of the project.” — Tudor Stomff, CEO of HYVE
About HYVE
HYVE is the largest web3 job marketplace. Its decentralized nature facilitates the exchange of goods and services among freelancers and companies worldwide. HYVE is the first decentralized labor exchange, or in simpler terms, Uniswap for work and freelancing. All payments are escrowed through smart contracts, so money is instantly and securely transferred from one end to another. There are 3 options available when posting on the platform and you can choose to freelance meaning that you will post your offer, or you can choose to hire someone for a specific task, or for a periodic engagement in the form of a job.
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About Numbers Protocol
Numbers is building a decentralized photo network for creating community, value, and trust in digital media. Its Numbers Protocol redefines digital visual media as assets and is the backbone of a suite of tools for registering and retrieving images and videos in the Numbers network.
These include:
- Capture App: The first blockchain camera in the world that users can easily register photos and use Web3.0 applications.
- Numbers API: Developers and enterprises can implement Numbers API to register photos and access their Web3.0 addresses and certificates.
- Certificates: content authenticity certificates with on-chain provenance
- CaptureClub: Native NFT marketplace allows photo generators to sell and stake their creations.
- Numbers Search Engine: The first Web3.0 NFT search engine that helps users verify the history of NFTs and prevent potential NFT fraud.
Numbers champion the purity of digital media and enable people to think more critically about the interactions between our images and the world around us. The goal of Numbers is to tokenize authentic photos (including images and videos) to create a decentralized photo network in Web3.0.
