LibertyLance is a self-regulating and decentralized gig-based marketplace designed for freelancers and clients to transact in the quickest and most transparent fashion through smart contracts. It is a revolutionary freelancing platform that uses the power of blockchain technology solving many underlying issues present in the traditional marketplaces. Using smart contracts, the platform eliminates any possibility of a central authority, non-payment and undeserving reviews on the platform.
LibertyLance will open its entire operation to its community by using the Ethereum blockchain to provide a decentralized marketplace so that freelancers and clients do not suffer from unfair account suspension or disputes because the entire infrastructure is designed to be automated and trustless to the fullest possible extent.
In order to eliminate the services of a middleman, smart contracts are going to be deployed that are going to act as an escrow medium with pre defined conditions and rules to facilitate a smooth transaction between the client and freelancer.
Conflict resolution on LibertyLance is carried out using smart contracts that ensures neither party get any payment problems or undeserved reviews. If either party is unsatisfied, an independent panel of token holders will deliver a verdict on the matter while being rewarded for their participation.
How It Works
Unlike other platforms that deduct up to 30% from freelancers that are struggling to meet some related expenses. Whereas, on LibertyLance both client and freelancer pay only 2% each!
Traditional platforms have a centralized authority that places the power in the hands of a few people with little clarity as to how decisions are made.
Payment withdrawal in some platforms can take up to 2 weeks. On LibertyLance as soon as client is satisfied with the work, funds will be instantly transferred through smart contracts to the freelancer.
Freelancers have to burn extra fuels to meet up with deadlines or else they get an undeserving review after all the hard work they had put in and ultimately an adverse effect on their earnings and rankings.
|For Clients||2%||3%||2.75%||5 - 10%|
|For Freelancers||2%||10 - 20%||10 - 20%||20%|
|Membership Plans||No Membership||$1 - $60/m||$0 - $10/m||$0|
|Upgrades||$0||$9 - $40||$0||$0|
|Withdrawing Fee||Only gas fee to be paid||$2.3||$1||$2|
|Withdrawal Time||Instant||3 days||10 days||7 - 14 days|
|Transparent & Independent||Yes||No||No||No|
Token Holder Jury
In a scenario where any dispute arises, the voting decision system has been setup to
cater for this. It is an automatic dispute
resolution process that is used to settle disputes between clients and freelancers with
transparent and decentralized approach.
In order to participate in these disputes, those with our LTN tokens will be able to vote in the disputed cases as there won't be any involvement of a third party. Consensus reached by the token holders will enable the smart contract to automatically release funds to the winning party and token holders will be awarded the transaction fee and tokens from those people that were wrong in the dispute resolution process.
Any user can register on our platform without any costs but access to features and functionalities will be restricted to the freelancers as they must have a small minimum number of LTN tokens in their account wallet in order to unlock the features of the platform. This is done in order to remove any bad actors from the marketplace and to ensure the long term growth and stability of the platform. Some of the features include:
- Ability to receive client orders
- Detailed dashboard statistics such as earnings report, portfolio management, past gig details etc
- Exclusive seller badges on different levels to boost profile visibility
- Ability to send custom gig offers or specific milestones to clients
- Ability to post multiple gigs from the same account
Potential Target Markets
- United States
- United Kingdom
|Total Supply||50,000,000 LTN|
|Exchange Rate||1 ETH = 5000 LTN|
|Bonus||5 - 15%|
|Hard Cap||5500 ETH|
|Soft Cap||400 ETH|
- Tokens: 2.0 million
- Rate: 1 ETH = 10,000 LTN
- Cap: 200 ETH
- Bonus: 35%
- Lockup Period: 3 Months
- Tokens: 2.5 million
- Rate: 1 ETH = 6,250 LTN
- Cap: 400 ETH
- Bonus: 20%
- Token price is subjective to ETH rate
- Tokens: 27.5 million
- Rate: 1 ETH = 5,000 LTN
- Cap: 5,500 ETH
- Bonus: 5% - 15%
- Token price is subjective to ETH rate