• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Coinbase Seeks US Approval to Launch Tokenized Stocks, Details
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Coinbase Seeks US Approval to Launch Tokenized Stocks, Details
Disrupting the Freelance Industry with Ethearnal

Disrupting the Freelance Industry with Ethearnal

Matthew Hrones
by Matthew Hrones
7 years ago
·
Posted in Sponsored Article, Altcoin News, Companies, Emerging Markets, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The freelancer market has grown into a $1.5 trillion industry, as more and more people consider self-employed opportunities. Ethearnal is looking to bring blockchain technology into this rapidly growing field.


Freelancing – Changing the Way the World Works

Freelancing has completely blown up in recent years, as the internet makes it easier than ever for skilled workers to be matched with clients and employers. People in the fields of graphic design, computer programming, and many other specialty occupations are finding work through online freelancing sites and making a living through those means.

Freelancing also opens employers to people around the world. In traditional jobs, most companies are limited to workers in their immediate geographic area. Freelancing opens up job opportunities to people everywhere, which can, in turn, help the business build a better product. By limiting yourself to candidates close to you, you’d be missing out on thousands of talented individuals across the globe. You can have access to the best people for the job.

https://youtu.be/1PWC7MZ2yg8

Smart Contract Integration

Using smart contract technology, the freelancer industry could become a lot more secure for both freelancer and employer. Smart contracts provide a way to trustlessly make and execute an agreement without anyone being able to manipulate it. Using smart contracts, workers can independently verify the contract to ensure they get paid for their work. Employers can also ensure that the people they hire produce the content they want without getting ripped off.

This is where Ethearnal looks to innovate. They’re developing a smart contract solution to the growing freelancer industry building atop the Ethereum network, and here’s how it works:

Freelancers and Employers can browse and publish listings using a web client, which in turn distributes the listing across a network of peer-to-peer nodes that keeps track of the listings. Freelancers can browse posted job listings, post individual service offerings, or even advertise work at an hourly rate. Employers can then search the listing to find the best fit for the job, or even just create their own job listing and wait to hear back from qualified freelancers looking for work.

Ethearnal screenshot

The platform runs on the native Ethearnal token, or ERT. This token represents “reputation” on the network. The rep represents the freelancer or the employers standing on the platform, those with more ERT will, in turn, have a higher reputation. Both parties will deposit a previously agreed upon amount into the contract address, and when the work is completed to both party’s liking, the funds are released to the worker. 99% of the funds locked in the contract will be given to the worker upon competition, with the last 1% split between both parties in the form of ERT tokens purchased at market price. This 0.5% to each gives incentive to both parties to have the contract come to a happy conclusion, as the tokens hold monetary value.

Dispute Moderation

A common problem for decentralized applications is how to handle disputes between parties. This issue is solved by Ethearnal’s moderator staking system. A set of moderators will stake an equivalent amount of ERT tokens as the employer and freelancer. In the case of a dispute, a simple majority rules system will decide how to handle the situation. The moderators get a percentage of their staked tokens back for a winning decision, incentivizing them to do what is right when it comes to arguments.

https://youtu.be/wgYD7zjNgew

Innovative Project, Innovative ICO

The ERT token will initially be distributed through what Ethearnal is calling “ICO 2.0”. Dubbed by Vitalik Buterin as DAICO, Ethearnal’s ICO 2.0 model is a dynamic spin on the traditional ICO that merges the best characteristics of DAOs (Decentralized Autonomous Organizations) with that of traditional ICOs.

The investors of the ICO decide when and how to distribute the money collected to the developers. Initially, the team will only receive 10% of the funds raised via ICO. The investors now have the ability to vote to release each subsequent 10% of the funds. If the investors are unhappy with the progress of the project, they can either vote to have any remaining funds refunded and end the project or they can choose to have the developers continue to work until they release a product the investors are happy with. Then, and only then, will the next 10% of funding be released to investors.

The timeline for the ICO is also a tad unique. Most ICOs do a presale and subsequent open sales, the sooner you buy in the larger token bonus you receive. Instead of having the whole lot of tokens available at once, the sale offers a dynamic hard cap that changes hour by hour.

The first hour $1000 worth of tokens will be available, with each passing hour the cap for each individual investor increases by another $1000. This means no one large investor can come in and buy up large numbers of tokens in one fell swoop. $1000 per hour means the playing field is leveled for big fish and small. The ICO is set to run from February 28 through March 31, 2018.

For more information about Ethearnal, you can visit the official website and download the project whitepaper. You can also stay up to date with the latest project developments – join the Ethearnal team on Telegram: https://t.me/ethearnal.

How will Ethearnal benefit freelancers and their employers? Do you think their DAICO model is fairer than the traditional ICO? Let us know in the comments below.


Images courtesy of Ethearnal, AdobeStock

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Matthew Hrones

Matthew Hrones

Follow

I'm a computer science student with heavy interest in cryptocurrencies and decentralized systems. I've been writing since the June 2017, and hope to become more involved in the community as time goes on

Full Profile

Related Posts

Why Bitcoin Hyper Could Outperform Even the Top Crypto Layer 2s in 2025

Why Bitcoin Hyper Could Outperform Even the Top Crypto Layer 2s in 2025

1 hour ago
Ethereum

Ethereum Whale Snaps Up $127 Million In ETH Amid Market Crash

2 days ago
Bitcoin

Analyst Drops Bearish Bombshell: Bitcoin To $93,500, Ethereum To $2,100, XRP To $1.6

2 days ago
Ethereum

Ethereum Wins Big In ETF Race As Institutional Cash Pours In

2 days ago
Neo Pepe Sets New Standard for Utility in Meme Coin Arena

Neo Pepe Sets New Standard for Utility in Meme Coin Arena  

4 days ago
How Neo Pepe Token Enhances Your Solana Investments in Spectacular Ways

How Neo Pepe Token Enhances Your Solana Investments in Spectacular Ways

4 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • bowminer

    Shocking! Bow Miner cloud mining income revealed: XRP earns...

    2 hours ago
  • LandDAO to Bring Land NFTs Backed by Real-World Assets...

    2 hours ago
  • Binance user reveals: How to earn $8,200 a day from XRP...

    2 hours ago
  • The most trusted high-yield cloud mining one-stop platform...

    3 hours ago
  • Seeking stable returns amid Bitcoin(BTC) volatility...

    3 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.