What is Libertylance project?
LibertyLance is committed to developing the first decentralized gig marketplace based on the Ethereum blockchain. The gig based marketplace will be self regulatory, decentralized and it will use smart contracts to facilitate the process between service seekers (clients) and service providers (freelancers). We have analyzed that the demand for our platform is high all over the world; therefore, we have planned extensively to attract this huge demand. We are ready to implement our plans but we lack funding. If we secure the required funding, we will not only start working according to our plans but soon get a tremendous recognition in the market.
The site is a cryptocurrency fueled platform as well, so you can use currencies like Bitcoinand Ethereum, to pay for other people’s services, after they’ve been converted to the Liberty Lance token. You can download the whitepaper with the technical aspects of the company on the homepage and watch a live Demo about the platform to see exactly how it works.
There are also more than 10 social media accounts that can be used to follow the Liberty Lance social profiles and stay up to date with them. With total registration numbering in 799 people, the system is growing ultra-fast.
How Does Liberty Lance Work?
Liberty Lance is a self-sustaining and regulating platform. Their purpose is to manage freelancers and seek to employ them. The freelance network operates on a decentralized network where clients can easily find, interact with, then employ freelancers looking for work. The use of smart contracts keeps the system operating with total transparency. Plus, by way of the blockchain technology, the platform is looking to change the way freelancing is accomplished.
The technology naturally fixes many of the problems that are found in traditional marketplaces. In addition, Smart Contracts dissolve any possibility of a centralized authority taking more money from the processors then is deserved, something that happens on every other freelance website there is.
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.
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.
TEAM:
There are two major players on the team for Liberty Lance. The first I Dawood Khan, CEO & Funder, with more than 6 years of experience in several online fields like; freelancing, blockchain technology, and marketing, he has a unique way of finding solutions to problems that would stop the common man.
The second figurehead of the company is Sheheryaar Khan, co-founder with multiple years of experience in coding, development, blockchain tech, cryptocurrencies and smart contracts. He is the technical wizard designing the platform.
Roadmap:
Liberty Lance ICO:
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
The token holder of the company is Jury – and is issuer of the token for the sake of mediating any disputes that arises.
Tokens for the company use the LTN symbol, they can be used as fuel for voting purposes when any disputes come into play. The tokens can also be used in the marketplace on the app, to pay freelancers for orders, and to buy different perks and badges on the site for the purpose of improving the profile of the freelancer. And the tokens give freelancers the ability to post multiple gigs from one single account.
You can visit the following:
Website -https://libertylance.io/
Whitepaper - https://libertylance.io/uploads/whitepaper.pdf
Twitter - https://twitter.com/LibertyLanceoff
Telegram - https://t.me/LibertyLanceOfficial
Author: tinhkhuat
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1885373
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