GIGTRICKS REVIEW

GIGTRICKS REVIEW

  • The GigTricks platform will help to fight global recession by creating unlimited opportunities for talented individuals so that they can simply find the gigs, work from home, generate income and spend on their consumer needs resulting a true economic growth.

 

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IDEA:

  • GigTricks has built a blockchain-based ecosystem to increase transparency, trust, and reliability among the platform participants. Every action including review and skill ratings will be verified within the immutable blockchain.

PROTOTYPE PRODUCT:

WHITEPAPER HIGHLIGHTS:

  • Due to the distributed repository protocol, each operation will be registered within the network in a way that is transparent, publicly verifiable and impossible to falsify.
  • The blockchain consensus mechanism makes it possible to secure highly reduced transaction costs.
  • Both the entrepreneurs and freelancers will have the ability to trust the ecosystem. Since all transactions within the blockchain are immutable, our system will be robust and tamper proof for storing data within the blockchain.
  • Gigtricks encourages among themselves as participants involving in the platform will be rewarded with GBTC tokens.
  • Their smart system aims to allow entrepreneurs to hire the world’s best talent in a matter of seconds. Entrepreneurs will be able to verify the blockchain based immutable review rating for every freelancer, and they will also have the ability to search review ratings for every freelancer individual skill. It will allow right freelancer for the right project in a quick and efficient manner.
  • GIGTRICKS Marketplace: It will connect entrepreneurs with freelancers across the globe. The buyer can hire professional freelancers for big or small projects. The GIGTRICKS marketplace will act as the mechanism to connect worldwide professionals to trade services between each other by using GigBit Token.
  • GIGTRICKS Social: This will be enable entrepreneurs and freelancers in the system to engage with one another to “friend”, “follow”, “message” or share information directly with other platform participants. GigTricks social will seek to be a platform which brings the community closer and increased the level of engagement among the participants.
  • GIGTRICKS Learning: GigTricks learning aims to be an open platform where mentors, instructors and teachers can upload their course products which will be visible to a community of millions. Users can gain access to these courses using GigBit tokens. Whenever any user attends an online course, they will need to pass the exam in order to earn skills points which will be added to their Gigtricks Pro Profile.
  • GIGTRICKS Pro: GigTricks Pro is intending to become a global platform for professional to showcase their professional profiles verified under the Gigtricks blockchain. Clients can see the skills ratings that will help them in their hiring process.
  • GIGTRICKS Point of Sale: We aim to partner with institutions across 180 countries so that, a student will be able to pay for their education via GigBit tokens and by using the GigTricks Point of Sale devices which are connected directly with GigTricks blockchain.
  • GIGBIT Token: The introduction of a crypto token is intended to enable a means of payment across the ecosystem for participants globally. It would also serve to equalize the playing field and set a benchmark for services provided.
  • Key features of GIGTRICKS:
    • Authenticated reviews system: Gigtricks is aiming to take advantage of blockchain functionality by creating an authenticated review system. The review data can be verified by the user publicly which will bring absolute trust and stability with the ecosystem.
    • Authenticated content streams: Content that is delivered can be modified to include inaudible bits of information to help protect is authors. This would serve as a digital fingerprint to thwart piracy and enable authors of content to receive a higher percentage of returns for their efforts.
    • Authenticated skills management: All professionals will have the ability to manage and maintain their skillset which will be used as a major tool by clients to search and hire the best talent for their project.
    • Decentralized content network: A network was created that is capable of serving content from different locations across the globe.
    • Search Engine and content Management: Their aim is to enhance content search by using metadata. Smart Contracts prove to be an ideal method for content management because the contract will be executed only if all parameters of a smart contract are fulfilled.
    • Chat services: The chat service is a special kind of feature which shall be created within the GigTricks platform and will seek to allow interaction between the buyers and sellers.
    • Advertising Network: GigTricks enables the sellers and other advertisers to promote their products through advertising on user interfaces.
  • Once the automatic review filtration process and the manual filtration process are completed along with the scoring and calculation performed using IBM Watson technology, numerous filters will be reviewed and stored in the Gigtricks Hyperledger Fabric Blockchain.
  • GigTricks will reward its user base through a gamification process which will dramatically increase user engagement through the reward process. There are many events in which the users will be rewarded:
    • Sign up with GigTricks
    • Sharing content in social circle
    • High rated profile ratings
    • Quality content creator
    • Top rated sellers
    • Encourage advertiser to advertise on the platform
    • Growing fan base
    • Monthly spend on the platform
    • Being a part of proof of streaming process
    • Contribute to dispute management process
  • If the buyer places an order for any service which is yet to be delivered by the freelancer, then the GigBit token will be held within GigTricks Token is made by the buyer. This will ensure that the freelancer will provide the requested service in accordance with the agreed contract and GigBit tokens from the escrow will be released to the freelancer as soon as they deliver the service and the buyer reviews and accepts it.

HYPE:

  • 11K+ telegram users, 11K+ followers on Facebook and 1.9K Twitter followers.
  • They have got 117K Subscribers for their YouTube channel and 45K views for their ICO video.
  • 4.7 ratings – ICO bench and 4.2 ratings – icotokennews .

LONG TERM:

  • They want to create the world’s first 360° freelance and on-demand ecosystem which will be trusted by a community of millions.
  • GigTricks wants to create a viable, accessible, and low cost freelance platform that will seek to benefit as many countries as possible. The want to create a platform where there will be no room for deception or fraud which usually happens in freelancing industry.
  • The platform will be built on the core values of providing a place to both the freelancers and clients where talented people can meet entrepreneurs who will acknowledge their hard work and allow them to polish their skills by hiring them for project.

EXPERTS REVIEWS:

  • “A very decent product with a strong vision in place. I like the look of the white paper, and the team and advisors they have running the project are also very strong” – Ian Scarffe (Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.)
  • “Solid idea – the gig economy is ripe for a marketplace built on Blockhchain and fueled by crypto. Good whitepaper. Team good. Nice to see a good product coming out of UAE.” – Richard Kastelein (ICO Advisor, 40+ ICOs, Editor-at-Large Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group)

TOKEN METRICS:

Token GBTC
Pre-ICO Price 1 GBTC = 0.124 USD
Price in ICO 1 GBTC = 0.248 USD
Country Gibraltar
Platform Ethereum
Website https://www.gigtricks.io/
Whitelist/KYC KYC & Whitelist
Restricted Areas USA, China, South Africa
Pre – ICO 1st July – 30th July
Public-Sale 1st September – 30th September 2018
Tokens for Sale: 250,000,000
Soft Cap 2,500,000 USD
Hard Cap 35,000,000 USD
Total Token Supply 1,000,000,000
Token Supply Breakdown Treasury – 30%
Initial Token Offering – 25%
Ecosystem Incentive – 20 %
Team & Advisors – 15%
Marketing & Bounty – 5%
Liquidity Fund – 5%
Bonus Private Sale (1 GBTC = 0.06200 USD) 75%
PRE-ICO Power Hour (1 GBTC = 0.08680 USD) 65%
PRE-ICO Day 1 (1 GBTC = 0.09920 USD) 60%
PRE-ICO Day 2 (1 GBTC = 0.10664 USD) 57%
PRE-ICO Day 3 (1 GBTC = 0.11160 USD) 55%
PRE-ICO (1 GBTC = 0.12400 USD) 50%
ICO Week 1 (1 GBTC = 0.18600 USD) 25%
ICO Week 2 (1 GBTC = 0.21080 USD) 15%
ICO Week 3 (1 GBTC = 0.22320 USD) 10%
ICO Week 4 (1 GBTC = 0.23312 USD) 6%

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