HYVE, the Emerging Decentralized Freelance Workers Marketplace,
Partners with TheStandard.io
The gig or freelance economy is currently dominated by centralized players, while the conventional hiring market runs with costly and slow recruitment processes. HYVE, a decentralized freelance and workforce marketplace, aims to revolutionize the work industry with its multi-blockchain platform. On HYVE, freelancers can get paid in crypto, and enterprises can post task assignments and hire workers. The Standard protocol has partnered with HYVE to allow sEuro to be used on the platform.
Millions of tasks and assignments are created on freelance marketplaces every year. On HYVE, from being paid in fiat, freelance workers can now look forward to being paid instantly in stablecoins and cryptocurrencies such as sEuro without paying any middlemen or costly fees.
Introducing HYVE
Work exchanges and freelancing platforms form a trillion-dollar industry. These jobs offer freedom from the regular 9-to-5 jobs but also face the challenges of high commissions and fees. HYVE is creating the next evolution of work exchanges with a decentralized platform integrated with popular blockchains like Ethereum, Binance, Polygon, and Fantom. The result is a cheaper and cost-saving work ecosystem with new functionalities and efficiencies.
“The accelerated shift towards online work has allowed firms to recognize the benefits of hiring freelance professionals. Apart from being more cost-effective when planning a project, it also gives access to a wider pool of talent from which companies can select. By working with freelancers (https://hyve.works/freelancers/find-a-job-on-hyve), professionals are not bound by factors such as geography, allowing a higher degree of flexibility. HYVE takes that to the next level,” states Tudor Stomff, CEO of HYVE.
Collaboration with TheStandard.io
On HYVE, freelancers and job posters will be able to select sEuro as their chosen cryptocurrency for receiving or sending payment for work, a move that will also expand the token’s utility.
The sEuro is a stablecoin launched by The Standard protocol and is backed by precious metals like gold and silver, as well as digital assets. A stable price and trusted overcollateralized backing means holders can be confident of not losing their value. Just like The Gold Standard of days gone past, this backing guarantees the currency’s value while enabling the individuals minting the stablecoins to use fiat inflation in their favor.
HYVE’s Offerings
Companies, people interested in hiring someone, or freelancers on HYVE can pay with cryptocurrencies for all work-related tasks and services, as the platform now supports more than 50 cryptocurrencies as payment methods. There is no need to exchange or swap cryptocurrencies either. The platform charges low fees, starting with 0.9% and the maximum fee being 7.9%, compared to its competitors. It also has its native token, $HYVE, that offers even lower fees, as paying the fee in $HYVE halves the initial fee. Recruiters can easily browse and hire workers for professional assignments in various fields, from design and content to programming and other industries. Professionals can create profiles on HYVE, display their skills and services, and earn crypto by completing assignments. With a brand new look that was just released during the summer, HYVE aims to be the go-to platform for freelance work that encourages collaboration.
What is the Value Added to The Standard Ecosystem?
Holders of sEuro can look forward to increased use of the coin leading to mass adoption. The Standard Protocol allows for unlocking value from precious metals to mint stablecoins like sEuro.
“TheStandard.io was born out of the team at Vaultoro.com, a crypto/ gold-only exchange that has been live since 2015. At Vaultoro, there was a definite shift around 2020 from freelance workers invoicing in stablecoins like USDT, DAI, or USDC rather than Bitcoin or Ethereum. The online jobs market is one of the biggest use cases for stable cryptocurrencies, so TheStandard.io stablecoin DAO partnering with the innovative jobs marketplace HYVE.works is a natural fit. TheStandard.io is building a stablecoin to mirror every major fiat on earth so freelancers can invoice in their local currency rather than USD; this is far easier for accounting.” Joshua Scigala.
To learn more about Hive, please visit:
💻 Website: https://hyve.works/
🐦 Twitter: https://twitter.com/join_hyve
📸 Instagram: https://www.instagram.com/hyve.works/
👔 LinkedIn: https://www.linkedin.com/company/18857910/admin/
💬 Telegram: https://t.me/hyveworks
📹 YouTube: https://www.youtube.com/channel/UC-zFJ2PzYOQwfPtKdc8_duA
