Coinlancer ICO

3
Overview
Abstract
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
Coinlancer is an Ethereum based freelancing platform
which uses blockchain technology to create a more
meritocratic freelancing ecosystem. The protocol
design uses smart contract based escrow mechanism,
creating a platform fair to both clients and
freelancers. Coinlancer aims to reinvent the
freelancing community, using latest blockchain
technology and virtual currencies.
www.coinlancer.io
...

4
Overview
Overview of the Freelance Market
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
Demographics is one of the key reasons that has seen
the freelance market grow by leaps and bounds over
time. Multiple websites have been established linking
the clients with potential freelancers besides
facilitating the payment for the work done.
Working online as a freelancer exposes one to various
risks. Some of these risks include identity theft, lack of
guarantee for hours worked pay, fake reviews, and so on.
www.coinlancer.io
...

5
Overview
Overview of the Freelance Market
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
Despite the demerits and risks in this industry, it is a
rather lucrative one. One of the most popular
platforms in the freelance workspace is Upwork. In
the year 2014, the company recorded $941 million in
freelancer earnings. In the same year, the entire
industry generated an estimated $3.2 billion.
Considering the rate of population growth and the
gradual increase in internet literacy, the freelance
industry is bound to grow further. In fact, it is
estimated that the industry could grow to $10 billion
annually in the next six years. This, therefore, means
that there is an inherent need to undertake measures
to curb some of the challenges faced by freelancers
presently. Blockchain technology is an optimal
solution in this regard.
www.coinlancer.io
...

6
Overview
Problems with Current Freelance Sites
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
20%
$1-$500
10%
$501-$9,999
5%
$10K & above
Upwork is one of the renowned companies in the freelance space, and until recently, a freelancer
loses about 10% of the amount paid by the client to the website. It requires the freelancer to pay the
site 20% on the first $500 earned, 10% on $501-$9,999 and 5% on $10, 000 and above. The catch in
this structure is that the fees are charged on a per-client basis. For instance, logo maker deals with
several clients on a daily basis, which means they will be charged 20% on their earnings quite often.
In other words, about one-fifth of their earnings will be lost to fees.
www.coinlancer.io
...

7
Overview
Issues in the contemporary freelance
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
Client
Mediator
Freelancer
Another issue faced in the freelance industry
presently is the safety of the funds for the players in
the transaction. This can be remedied by the use of
multisignature escrow. This would ensure that funds
for the client, freelancer and facilitator remain safe.
Another issue faced in this market is particularly dear
to the freelancers themselves, and that regards fees
charged per job. Freelancers lose a good percentage
of their earnings to the mediators. These mediators
are technically existing freelance companies such as
Upwork, freelance writing service and Fiverr among
others. These mediators could potentially be
eliminated through an established network that
would act as a link between the freelancer and the
client, demarca...

8
Overview
Issues in the contemporary freelance
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
Besides above-discussed issues, the freelance market is faced with another major challenge
regarding identity theft. Hiring people on the freelance websites exposes the participants to the risk
of identity theft especially if their private user information is accessible. Freelancers stand at a greater
risk of identity theft than the other participants in this arrangement. For instance, a malicious
individual may steal John’s identity information. John is a qualified accountant with an incredible
rating on the freelance website. The malicious individual then goes ahead to request for work
charging $100 per hour. While the malicious person may benefit from this move, the integrity of the
person whose identity is being wrongly used could be compromised.
www.coinlancer.io
...

9
Overview
Issues in the contemporary freelance
Current Freelance Market
Freelancing Issues
Coinlancer
Coinlancer Token
ICO
Team
Moving Forward
We believe that there is a superior way to solve these
freelancing issues with the power of blockchain.
Through Coinlancer, we envision to create a superior
way of engaging in the booming freelance economy.
We are a passionate team of people aiming to make
freelancing more accessible and secure to the masses.
Coinlancer will be an Escrow based freelancing
platform that will allow fair settlement of disputes to
be conducted and protect payments in an event of
project promises not being met.
www.coinlancer.io
...

10
Overview
Issues in the contemporary freelance
Current Freelance Market
Reflecting on some of the problems faced by existing traditional freelancing platforms, we look at tackling them
in the following ways.
Freelancing Issues
Coinlancer
No Suspension of User Accounts
Fair Dispute Settlements
Secure Payments
Coinlancer Token
ICO
Team
Less Transaction Fee- 3%
20 + Cryptocurrencies Accepted
Identity Theft Elimination
Moving Forward
Elimination of Fake Reviews
Unbiased Dispute Resolution
-Freelancers Tribunal
www.coinlancer.io
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