Blok
Blok
Token: BLK


Revolutionizing the workforce through blockchain

ICO dates
Start date: 2018-03-13
End date: 2018-04-13

Registrated in: Cayman Islands

Platform: Ethereum
Type: ERC223

PREMIUM ICO

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Blok categories
Business services Platform Smart Contract
Blok whitepaper
Blok token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China
Tokens for sale 230,400,000
Token distribution in ICO
64%
64%
Price 5700 BLK = 1 ETH
Acceppting ETH
Blok news, social
Blok search trends in Google
Random whitepaper excerpts

Table of contents
Table of contents
1
Executive Summary
3
Market opportunity
3
Blok Solution
3
Token Generation Event
3
Introduction
4
The gig economy
4
Market size
4
Current limitations
5
Blok benefits
8
Business Model
9
Market opportunity
9
Business model and projections
10
Token economy projections
10
Technology overview
12
Definitions
12
Blok protocol
13
Anatomy of a gig
13
Platform workflows
14
Gig creation
15
Working with a gig
16
Platform elements overview
17
BLK token
19
Purpose and usage
19
Anatomy of BLK
20
Marketing & Strategy
21
Business Development
21
Blok development roadmap
22
Token generation event
23
Basics of the sale
23
1
...

Token supply
23
Use of proceeds
23
Blok team
25
Advisory Team
27
Legal
28
General information
28
Knowledge required
28
Risks
28
Important disclaimer
29
Warranties
29
Governing law and arbitration
30
Conclusion
31
References
32
2
...

Executive Summary
Market opportunity
Working nine to five for a single employer runs counter to the way a significant share of the
workforce makes a living today. The strategy for millions of people is to compile various
income streams and working independently rather than in structured payroll jobs. With the
emergence of technology and workflow applications, escaping the cubicle is within reach
for millions of workers. The common struggles are lack of transparency, the efficiency of
payments times, and connecting workers with buyers of their services.
Furthermore, contingent or independent workers need to be looked at as more than a
passing trend as the global workforce continues to change and grow. The rise of the
so-called, “gig economy” is helping organizations address needs in the modern workforce. It
was only a matter of time before technology altered the structure of how we work.
Blok Solution
Blok leverages blockchain technology to connect employers and workers across the globe, ...

Introduction
The gig economy
Specifically, the gig economy is defined as short-term work relationships between
employers and employees. The gigs take on varying lengths from short-term assignments
to long-term projects based around on-demand needs. This allows the work to be
completed on whatever schedule is agreeable to both parties. Flexibility for employers and
employees while meeting the needs of on-demand consumers is the primary benefit of the
gig economy.
Granted the use of the term gig economy is more recent, the tasks are an extension of many
nontraditional jobs that have been held for decades such as independent contractors and
temporary workers. Technology has been a major driver in the growth of the gig economy,
making it easier for employees and employers to connect.
Such advances in technology have increased the independent workforce to approximately
162 million people or 20-30% of the working-age population in US and EU-15 (McKinsey
1
).
Blockchain will fu...

the gig economy. (McKinsey
3
) A decentralized database of gigs would allow these 1 to 6
people employees to make an effortless transition into the gig economy.
Furthermore, a study from the McKinsey Global Institute categorizes gig earners by using
four key segments. The categories help us further understand the make-up and needs of
the gig economy.
1. Thirty percent (49 million) are free agents who actively choose the gig economy
and derive their primary income from it.
2. Approximately 40 percent (64 million) are casual earners, who use the gig
economy for supplemental income and do so by choice.
3. Reluctants who make their primary living from the gig economy buy would
prefer traditional jobs, make up 14 percent (23 million).
4. The financially strapped participate in the gig economy out of necessity account
for 16 percent (26 million).
As you see, the motivation for joining the gig economy ranges based on the needs and
desires of the employee. It is important to foc...

Trust
Unlike participants in the traditional economy, gig economy workers cannot form unions or
collective bargaining agreements. This puts workers at risk to potential exploitation if
platforms monopolize power thus degrading trust in the marketplace. In addition, employers
must trust the skills of the potential independent worker to ensure their credentials and that
the work will be completed on time.
However, a decentralized and competitive marketplace will hedge the risk of exploitation by
employers. Making sure employees are paid promptly and fairly for their time is a concern
that is alleviated through a blockchain. Using the Blok platform, payments are instant and
verified using blockchain technology.
Furthermore, companies want to make sure they are paying a competent individual that will
not only perform the work but perform it at a high level. They cannot risk falling behind on
deadlines and missing projections due to poor staffing, which leads to reluctance in
consumers considerin...

Transparency
In addition, unfair contracts where companies take a majority in fees has exposed workers
to insecurities in terms of their hours and earnings. Decentralized and dynamic contracting
will allow the market to remain competitive and lowers the risk of exploitation.
The fact that corporations are still operating on a hierarchical structure created in the
industrial era reduces transparency and their ability to meet the demands of an on-demand
modern day workforce. This structure is based on fixed roles and rules, which can leaves
employees in the dark and creates large bureaucracies. According to Accenture, 73% of
executives report that corporate bureaucracies are stifling productivity and innovation.
Utilizing blockchain and the gig economy presents an opportunity for companies to ease the
tradition away from the outdated hierarchical model.
Further, as companies create traditional hierarchy models, executives seeking to maintain
control push for more centralization. The power grab reduce...

so that gig economy workers are paid the same amount no matter how they are classified,
they will be meeting their personal quotients.
Given these points, government and corporate bureaucracy hinder productivity. If you have
worked in local governments, federal governments, or any medium-large scale business you
have experienced bureaucratic inefficiencies.
Where there is fast growth, regulation is slow to catch up. Therefore, with such much
ambiguity and uncertainty, decentralization is the only hedge against constraints on
companies and workers. As the global economy continues to grow, bureaucracy is a threat
to resilience, innovation, and initiative.
Static Teams
In the age of dynamic transformation, teams must transcend the organizational chart.
Picture employers seamlessly mixing resources into ad-hoc teams that form to accomplish
ever-changing goals. These teams can be shuffled to accomplish tomorrow’s goal rather
than stuck solving yesterday’s problems. Companies want to achieve t...

Blok Roadmap

1
Quarter 4, 2017
Origin
2
Quarter 1, 2018
Assembling the team, pre-ICO
3
Quarter 2, 2018
ICO, protocol development
4
Quarter 3, 2018
Client apps launch
5
Quarter 4, 2018
Partner integrations, scaling up
6
2019
Economic expansion
Alex Artemyev
Advisors Alex Artemyev

Adnan Javed
Advisors Adnan Javed

Ivan Cherevko
Team Ivan Cherevko CEO

Kyle White
Team Kyle White CMO

Jakub Muśko
Team Jakub Muśko Blockchain Engineer

Barton Rhodes
Team Barton Rhodes Data Scientist

Alya Cherevko
Team Alya Cherevko Frontend Engineer

Kirill Kazakov
Team Kirill Kazakov UX Designer

Adnan Javed
Adnan Javed
Legal Advisor
Blockchain Advisor
Blockchain Advisor
Blockchain advisor at Sapien. Coalichain Ambassador in Australia.
Mentor at RMIT University for Developing Blockchain Strategy
Dean Karakitsos
Dean Karakitsos
FOUNDER OF BLOQCHAIN
Founder, Bloqchain Science New York, USA
Founder of
Business management
Advisor in New York, USA
Futurist, Founder - Bloqchain Science
Advisor, ICO Consultant
Advisor
Top 30 ICO investor on ICO Bench, Founder of Bloqchain Science
Chief Product Architect
Ismail Malik
Ismail Malik
Britain Co-founder
BlockchainLab Founder
Blockchain R&D and ICO Advisor
Blockchain R&D + ICO Strategist
Advisor
Blockchain R&D, ICO Strategist BlockchainLab
Editor In Chief ICO Crowd
ICO Marketing Advisor
Marketing & PR Adviser
Advisor
Advisor
Marketing Advisor
Blockchain and media advisor
Blockchain Advisor
CEO of Blockchain
Crypto media: ICO Crowd London, United Kingdom
Kirill Kazakov
Kirill Kazakov
UX Designer
Customer Experience Analyst
Project Management
Advisor
Kyle White
Kyle White
CMO
PR and Marketing
Blockchain Community Advisor