The freelancing and recruitment world is witnessing a new entrant – with DeeLance ($DLANCE) on a mission to reshape the gig economy through decentralization.
This brand-new, Ethereum-based platform has already turned heads in the crypto market, raising an impressive $1.3 million through its ongoing presale phase.
With plans already in the works for exchange listings in the coming months, investors are beginning to take notice of DeeLance’s disruptive potential.
Blockchain-Powered DeeLance Platform Streamlines the Recruitment Process
Put simply, DeeLance is a Web3 recruitment platform that seeks to revolutionize how clients hire freelancers. By leveraging the power of the Ethereum blockchain, DeeLance intends to streamline this process – making it simpler, faster, and cheaper.
According to data from IBISWorld, the global recruitment industry is valued at over $761 billion. However, this valuation is expected to rise by 1.4% this year and continue its growth trend in the following years.
DeeLance’s developers intend to disrupt this industry, offering a much more user-friendly experience than centralized freelancing platforms like Upwork and Fiverr.
One of the most significant changes that DeeLance has in store is lower fees. DeeLance charges just 2% to clients and 10% to freelancers; on the other hand, Fiverr charges 20% to both parties.
Moreover, DeeLance uses a crypto-based payment system and smart contract-enabled escrow accounts to protect clients and freelancers from loss.
This also has the added benefit of enabling instant withdrawals for freelancers, with no minimums – which is in stark contrast to the high minimum payout thresholds implemented by centralized platforms.
Per DeeLance’s whitepaper, the platform will even utilize non-fungible tokens (NFTs) to help manage ownership of completed work.
Allowing freelancers to tokenize their work as an NFT helps eradicate any issues related to who owns the work – creating a fair
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Author: BeInCrypto Team