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Introducing
LibertyLance

Intro

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.


blockchain technology Decentralized

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.

Smart contracts Smart contracts

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.

Dispute Resolution Dispute Resolution

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

Problems with
Traditional Marketplaces

CHARGED FEE

CHARGED FEE
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!

CENTRAL CONTROL

CENTRAL CONTROL
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 ISSUES

PAYMENT ISSUES
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.

UNDESERVING REVIEWS

UNDESERVING REVIEWS
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.

Comparison Table

Core Differences Freelancer Upwork Fiverr  LibertyLance Freelancer Upwork Fiverr
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
Decentralized Yes No No No
Voting System Yes No No No
Transparent & Independent Yes No No No

Token Usage

Token Holder
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 a 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.

Token details
Client orders
Marketplace Access
Marketplace Access

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

Target market
- United States
- United Kingdom
- Pakistan
- India
- Philippines
- Bangladesh
- Russia
- Ukraine
Token Summary
Project Name LibertyLance
Token Symbol LTN
Platform Ethereum
Total Supply 50,000,000 LTN
Exchange Rate 1 ETH = 5000 LTN
Bonus 5 - 15%
Hard Cap 5500 ETH
Soft Cap 400 ETH
Token information

Token Distribution

Token Distribution
Freelancing Meets Blockchain Private sale Gig Based Marketplace Introducing
                                        LibertyLance Smart contracts Dispute Resolution
Gig initialized
Smart technology
Client pays gig
Escrow hold Payment withdrawal
Client and freelancer
Hard work
Funding
Funding Rounds
Round 1
Private Sale
  • Tokens: 2.0 million Tokens: 2.0 million
  • Rate: 1 ETH = 10,000 LTN
  • Private Sale Cap: 200 ETH
  • Bonus program Bonus: 35%
  • Lockup Period Lockup Period: 3 Months
Round 2
Roadmap description
Presale
  • Raiting platform Tokens: 2.5 million
  • Rate: 1 ETH = 6,250 LTN
  • Presale Cap: 400 ETH
  • Bonus for free Bonus: 20%
  • Token price Token price is subjective to ETH rate
Round 3
Main Token Sale
Main Token Sale
  • Salary with token Tokens: 27.5 million
  • Rate: 1 ETH = 5,000 LTN
  • Company raiting Cap: 5,500 ETH
  • Bonus for employees Bonus: 5% - 15%
  • Token price Token price is subjective to ETH rate
Information about technology
Roadmap
Road Map
2017-2019
Documents
one pager
Onepager
whitepaper document
Whitepaper
Bussiness plan
Business Plan

FAQ'S

LibertyLance is an Ethereum based decentralized marketplace for both clients and freelancers where freelancers can post their gigs and clients can select from those gigs based on their reviews, pricing and delivery.
All our blockchain competitors are based upon freelancing platforms where clients post a job proposal and freelancers bid on these projects. On the other hand, LibertyLance is going to be the first ever gig based marketplace facilitating both clients and freelancers through smart contracts.
Our demo platform is going to be launched between 7-14th of March.
In order to execute the system that we have proposed in our whitepaper, we require funding for our project where we can pay for the administrative expenses, system development expenses, marketing expenses, consulting and legal fees.
Any user can register on our platform however, freelancers must have a minimum number of LTN tokens to avail the premium access and features of the marketplace. Users must have a minimum amount of LTN tokens and other pre requisites in order to participate in the dispute resolution process between the client and freelancer.
LibertyLance charges the lowest fee from both client (2%) and freelancer (2%) as compared to the traditional marketplaces that charge up to 30% from your earnings!
We cannot provide a definite answer to that question but we surely will apply for the exchanges in order to start the trading of our LTN tokens.
The private sale is going to start on 20th of March at a base price of 10,000 LTN tokens per ETH with a bonus of 35%. The tokens allocated for this round are going to be 2,000,000 (4%)
In order to participate in the private sale, you have to register on our site at https://www.libertylance.io/users/register and complete the verification process. After the KYC verification, you will be whitelisted for the private sale that starts on 20th of March.
* Whitelisting process will start from 7th of March.
Yes, we do have a bounty program. Anyone can participate in the bounty program simply by registering on our site and get started within no time. For any further information, please refer to our bounty thread.
Currently at the moment we don't have a referral program but we are going to have one after the private sale.
LibertyLance Ltd is a Seychelles International Business Company (IBC) under company registration number 202340 with a registered office at Suite 1, Second Floor, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles.