Payperblock is a project within which a decentralized platform will be created, uniting customers from among the founders of block projects and freelancers from among the blockbuster specialists. The platform will become a place where talented freelancers can find work for themselves, becoming part of one of the startups in the technology of distributed registries.
In the first article of the project review, we found out that freelancing in the form in which it exists now has many shortcomings, including high commissions, high risks and a centralized scenario for resolving disputes. Payperblock - a project designed to be the beginning of a completely new era in the field of freelancing, so the platform released in its framework will solve many problems of centralized freelance exchanges.
No overcharged commissions
Absolutely all freelance platforms that exist before this time charge their services from their users - providing a platform for searching for customers and executors, currency conversion, withdrawal of funds, arbitration procedure, etc. Very often commissions reach too high values.
In the Whitepaper project Payperblock, its founders compared the platform with two popular freelance sites - Upwork and Freelancer. If commissions for customers reach 2.75-3%, then the commission for freelancers varies from 10% to 20%. Thus, an expert can lose up to 20% of his profits only for using platform services.
The concept of Payperblock, the use of its own blockbuster and PayB tokens makes the platform absolutely decentralized - owned by its participants. Commission for customers - 2% when paying for work using BTC and only 1% when paying with PayB. Commission for freelancers are completely absent, as well as the withdrawal of funds, which occurs instantly, rather than for several hours, as on traditional platforms.
Power in the hands of the community
As we have already said, the main feature of Payperblock is decentralization. This concept formed the basis of all solutions based on block-building technology, since the centralized nature of such platforms often has a number of shortcomings. The transfer of rights to the community has become a kind of trend of modern solutions.
All questions concerning the policy of the Payperblock platform are not solved by the central team of its creators, but on the contrary - are in the hands of its community consisting of all holders of PayB tokens. All decisions about the principles of the platform are taken exclusively through the voting of community members.
Fair resolution of disputes
Unfortunately, disputes during the work on projects are a phenomenon that is difficult to avoid. At the same time, most freelance platforms do not try to take any measures to minimize these disputes. The creators of Payperblock took this fact into account and took the position of preventing disputes as the main task, and their decisions - as secondary.
In order to ensure the most honest and transparent cooperation, the developers of the platform will develop a whole set of tools that allow customers and freelancers to properly organize the workflow and achieve mutual understanding, avoiding any misunderstandings and disputes.
Naturally, it would be foolish to rely solely on minimizing disputes, so the mechanism for their solution in Payperblock is still provided. Here, the concept of decentralization and the transfer of power to the community comes into play.
Instead of solving disputes independently, charging for this additional commission, the creators of Payperblock allowed the holders of PayB tokens, that is, community members, to resolve disputes independently, by voting. The subject of such disputes may be the quality of the freelancer's performance of the assigned task, problems with payment, and also unreasonable negative feedback.
Guarantee of payment
One of the mechanisms for preventing disputes will be a system of payment with the help of crypto currency (BTC / PayB) and blocking technology. Before proceeding with the assignment, the freelancer must make sure that his customer has entered the agreed amount in the smart contract. In fact, the customer simply deposits these funds.
Once the work is completed and accepted by the customer, the smart contract unlocks the funds and transfers to the account of the freelancer. Thanks to this, specialists will be able to be sure that their clients will not try to deceive them. Otherwise, the fact of non-acceptance by the customer can be challenged within the arbitration procedure.
Do not miss the opportunity to find out how the creators of Payperblock are going to be the best blockbuster platform among all their likes.
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