Working nine to five in an office five days a week, wearing formal suits and jackets, and receiving your pay check once a month is slowly disappearing as a concept around the world. Increasingly, modern professionals prefer to be independent and self-sufficient, while working from home is no longer a rarity.
The advent of crypto has made this approach to work much simpler, breaking down some of the barriers and obstacles that exist when paying freelancers. Today it’s much easier to work with anybody, anywhere in the world.
What are cryptocurrency platforms for freelancers?
The differences between blockchain platforms for freelance work and centralized services are primarily technical. For cryptocurrency projects, registering users, publishing announcements, and sending payments for completed work all takes place using smart contracts. Actions carried out by users on the platform are stored on the blockchain.
Another important aspect of DApps, or decentralized applications, is their decentralized management structure. Many of these platforms have internal governance tokens that holders can use to vote on initiatives concerning project development.
DApps offer numerous advantages over centralized applications when it comes to freelancing, including transparent transactions, low commissions, and instant payment after the work is completed.
There are lots of cryptocurrency platforms for freelancing, and we’ll look at some of the most popular ones in this article.
CryptoTask is a decentralized freelance services marketplace built on the Ethereum blockchain, connecting employers and freelancers directly. As of 2022, there are 35,000+ registered users on the platform. Key advantages include full transaction transparency, low commissions, automated instant payments, a lack of censorship, and functionality for creating an unlimited number of applications.
CryptoTask has a built-in chat for real-time communication between employers and clients, convenient search and filtering, and a mobile application.
Freelancers on the platform work across multiple industries including accounting, design, engineering, law, marketing, IT and translation.
LaborX is a decentralized service that lets employers and freelancers cut out the middleman. It uses digital working agreements based on smart contracts, which make cooperation as transparent and honest as possible.
The reputations of both employers and contractors are publicly displayed on the platform, and the algorithm takes experience, education, jobs completed, reviews and many other factors into account when calculating ratings.
The platform also offers a dispute resolution service.
The Gigs tool allows freelancers to list popular and simple jobs for a set price, while employers can post jobs that are in high demand.
Bounty0x is another popular crypto headhunting platform, where users can find jobs in marketing, consulting, translation, software development, graphic design, text-based content creation, video and animation, surveys and research.
Working on Bounty0x is convenient and easy: choose a task that suits you from a list, complete it and, after unlocking the payment, you’ll receive tokens for your work.
Employers can create unique tasks, rapidly identify appropriate specialists, ensure that they are working with trusted freelancers, and pay for work in a range of cryptocurrencies (Ethereum, EOS, Stellar, Neo, Waves, Tron).
A decentralized labour exchange for freelancers, powered by the Ethereum blockchain. The platform hosts interesting job offers for designers, marketers, lawyers, translators, copywriters and architects.
Freelancers can register for free and a cryptocurrency wallet is not required. In order to work and conduct transactions, however, participants need to use the platform’s native token, CL. This token is traded on crypto exchanges, so it can be easily exchanged for other cryptocurrencies or fiat.
Coinlancer takes a 3% commission for its services. Participants can acquire CL tokens or unlock a reduced commission by completing actions that help the community.
The idea of this decentralized project is simple but interesting. LATIUM is a multi-use marketplace where users can fulfil a variety of tasks from attending events to increasing Twitter follower counts.
The platform takes full advantage of the blockchain and smart contracts: it is open and transparent, and has a rating system. The reputations of users and all their actions are recorded on the blockchain, which mitigates the risk of fraud.
On Latium, users can complete tasks either alone or as part of a group, with no upper limit on the number of participants. It is therefore possible to use the platform to set and carry out tasks of any complexity level and geographic reach, without sacrificing quality.
The sectors freelancers can find work in on Latium include graphic design, marketing, translation, copywriting, video and animation, among others.
The platform has a native token, LATX, which is used for internal transfers and paying out rewards for work completed.
Cryptocurrency platforms for freelancers are becoming more and more popular with each passing day. Transparent transactions, security and the ability to transfer money across borders are just some of the advantages that these platforms enjoy thanks to blockchain technology and smart contracts, and they’re attracting more and more employers and contractors all the time.