blue whale cryptocurrency

Blue Whale

(Blockchain)
Blue Whale will empower the world’s freelance community by creating the largest worker-centric decentralized ecosystem where independent workers can pursue their passions and get the value their deserve from the gig economy.
blue whale crypto

Token Sale Info:

  • Ticker: BWX
  • ICO Start: May 24th, 2018
  • ICO End: May 31st, 2018
  • ICO Token Price: 1 BWX = $0.0009 USD
  • Bonus: Yes
  • KYC: Yes (Restricted: China, Canada, Hong Kong, USA, Taiwan)
  • Token Type: ICON
  • Accepts: ETH, ICX
  • Goal: $22,700,000 USD
  • Total Token Supply: 32,100,000,000
  • Tokens For Sale in ICO: 50%

Additional Links:


Abstract

Against the backdrop of technological disruption and offshoring, the “gig/sharing economy” is burgeoning globally. Freelancers will make up a whopping 58% of the US workforce by 2027. Consequently, peer-to-peer booking platforms like AirBnB and Uber have seen a meteoric rise in demand accompanying these shifts in the job market.

As the definition of work changes and evolves, the difficulties encountered by freelancers and part-time workers such as the lack of protection, and the insecurity of self-employment will only worsen. This not only affects the growing mass offreelancers, but also ruptures the social contract between workers and governments. Consumer protections have also weakened because of the murky legal relationship between freelancers and their host platforms. This simmering dissatisfaction has created popular backlash, as concerned governments in several countries such as France have begun to crack down on platforms like Uber and AirBnB. Despite these worrying trends, no workable remedy has been proposed - until now.

The Blue Whale Foundation’s ICO is set to rock the boat of the gig/sharing economy by leveraging on blockchain as a service to provide freelancers with employment benefits such as paid-time-off, and retirement pensions traditionally available only to salaried employees.

Overview

Freelancers and small business owners depend heavily on these tech giants to match them to jobs, verify that products and services have been delivered as agreed upon, and arbitrate disputes. However, the growing dominance of these tech giants has a dark side for workers in the gig/sharing economy. None of the service providers who depend on these platforms to make a living are actual employees of these tech giants. Legally hired as “independent contractors”; they suffer from three main problems:
  1. High Commission Fees
  2. Exorbitant Marketing Advertising Costs
  3. Lack of Security that inhibits them from making a sustainable living.
The Blue Whale Foundation’s blockchain-based “WORK” System of smart contracts is the only solution on the market designed to alleviate not only the financial and the legal problems with the gig economy, but also the looming concentration of power in the hands of a few tech giants.

Blue Whale’s WORK (Worker Optimized Reward Keeper) system consists of three main components:
  • Contribution Activity Manager (CAM). This keeps track of, and rewards individuals who help to drive traffic to freelancers and small businesses, turning everyone into a potential advertiser. This provides an alternative to the high commission rates charged by centralized ad platforms such as Google AdWords or DoubleClick.
  • Decentralized Associated Network (DAN). To build the network, we provide free SaaS tools such as booking & scheduling software, customer relationship management (CRM) tools, and intelligent advertising solutions. These tools drastically reduce the need for freelancers and small businesses to spend exorbitant sums to stand out through paid ads, and search engine optimization (SEO). The decentralized network creates a new revenue model based around an advertising network constantly being refined by a cycle of consumer data mining and machine learning. This takes the power of data analytics traditionally held behind closed doors by companies like Google and Facebook, and redistributes those insights and rewards evenly throughout the ecosystem of freelancers, small businesses, and consumers.
  • Reward Bank (ReBa). The bank receives and disburses the Blue Whale eXchange (BWX) coins as the currency of this network. This balances the payouts to contributors by the contribution activity manager (CAM), and the revenues generated by the decentralized associated network. The use of blockchain technology allows for the transparent and trustworthy distribution of the BWX coins.

Twitter Feed:

2 days ago
Our advisor, @MarcoTorreg, delivering opening remarks at the Helsinki Blockchain Conference today! https://t.co/co2yZjGeNR BlueWhaleFdn photo
4 days ago
PUBLIC SALES is COMPLETED! 🌊Within several minutes of the start, #hardcap was reached 💫 Heart-warming ❤️ thank you to our AWESOME community #BluewhaleFanmily 🐳 You rock 🚀!!!
https://t.co/2DoPSPsuK5
#ICO #BlueWhaleFdn #TokenSale #cryptocurrencynews https://t.co/r7f3mjLVpG
BlueWhaleFdn photo

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