Talao Review - DAO for Freelance
Talao, which has already acquired more than 5,000,000 users around the world, is a novel blockchain project claiming to be the first DAO - Decentralized Autonomous Organisation for freelancing that aims to help the companies of the technological and IT sectors find specialists for solving various tasks and functions. Specialists, naturally, will be able to find interesting customers using the Talao platform. Talao is something similar to the usual freelance exchange, but with many nuances that distinguish this project from the rest.
Market
The freelance industry is projected by international analysts to be at $ 50 billion with a volume of such employees exceeded 100 million people. These employees, according to a simplified definition, are freelancers and are realization work on contracted by customers (the type and conditions of such contractual relations depend on the chosen form of search by the freelancer of orders - the distribution of commercial offers, various platforms)
Platform
The Talao platform does not act and will never act as an intermediary between customers and specialists. Accordingly, no commissions and other hidden charges. This is just a unique feature of this platform.
Features and tasks of the project
Talao will allow companies and freelancers to cooperate on mutually beneficial terms. Thanks to the new platform, companies will find specialists with the necessary qualifications and experience to work in their projects. In turn, freelancers have the opportunity to prove themselves in different companies, gain experience for further projects and, accordingly, earn money.
The new platform enables talents to thrive in a transparent and clean ecosystem built on a block of flats and protected from scams. Here everyone will receive an honest reward for their work.
All talent data will be stored in digital storage. Freelancers will be able to publish personal information, professional achievements. When choosing a specific talent, the company will be able to select a user based on his reputation, merits and experience. In addition, each freelancer will be able to place his services on the vacancy board, or, conversely, look for work on it.
Talao is a unique platform that will allow you to more effectively manage talents. It provides a high level of fairness and professionalism in the ecosystem. All this can be achieved thanks to the reputation system. So, the reputation of talents allows you to enter into smart contracts, through which you can vote, make decisions, change data.
One of the main features and at the same time one of the advantages of the platform is that it allows you to work without intermediaries. In addition, working on it, you do not need to pay commissions, as it is done on ordinary centralized systems. The business model is developed on the basis of Freemium, where prices for all functions are already set.
The Talao platform also provides opportunities for the talent market. With this toolkit, specialists and customers will be able to create summaries and descriptions, explore talents and skills, hire personnel, work with ratings and support talent. Arbitration is also envisaged to consider issues where the parties can not reach agreement.
Taking into account that the Talao platform is a block project, payments within the platform will be possible with an internal token, as well as so-called fiat funds. Talao does not exclude the possibility of carrying out crypto-currency transactions, withdrawing funds and transforming them into ordinary currency. Considering the fact that Talao platform does not even act as an intermediary here, the course of the internal token can become free and be ensured by the results of labor. What does it give? We all understand that the specialist does not strive for cheap payment of his labor, and the customer will have to compete in the market of orders in order to attract exactly the specialist that he needs to solve a particular task or function. Therefore, the rate of the internal token Talao, when it becomes free for crypto-currency quotations, will only grow. Other options can not be.
Token Utility
The TALAO token, a real utility token
The main use case for the TALAO token will be to conduct transactions within the platform. The full range of uses for the token is explained in detail in the well-written white paper published on the Talao ICO website.
The TALAO Token is a utility token and ERC20 compliant. It is required to access marketplace services, to participate in DAO processes and to manage the Reputation Vault. It has 2 types of usage. Tokens are either stacked as deposits (protocol stacking function) or transferred from client wallets to talents’ or community wallets (protocol transactional function).
TALAO token deposits to participate in the community (DAO). One needs to stack tokens in order to raise an objection, ask for mediation, write proposals or vote. All of these features require a deposit to prevent bad behaviour within communities. Bad behaviors are typically useless proposals, scamming, fraud, etc.
TALAO token deposits to open a Reputation Vault. A predefined amount of tokens is then stacked by talent as a deposit. If a talent member leaves and closes his/her Reputation Vault, tokens are transferred back to the talent wallet. Talent is effectively the true owner of his/her vault.
TALAO tokens to buy premium services. With tokens clients can for instance buy screening services, urgent request rankings, conflict settlement procedures or access a single talent Reputation Vault. Tokens are then transferred from client wallets to communities’ wallets or talent (or agent) wallets.
TALAO token used for Gross Payment Volume (GPV). Clients can pay talent for their work with TALAO tokens although we believe fiat currencies will remain the main media of payment. The Gross Payment Volume GPV is the standard indicator to measure the total business supported by one marketplace.
Thoughts on the economics of the TALAO Token
The approach presented here does not pretend to be a complete economic model of TALAO token usage. It should be read as a pragmatic way to provide some forward looking numbers. We understand these numbers are open to criticism, but at a minimum, they give guidance to future token holders in making their own evaluations.
Team and partners
As part of the Talao platform project team, there are specialists who have developed the resource eMindHub, which already at the moment provides cooperation between highly professional specialists and companies. The Talao platform should ensure the transformation of this resource into blocking technology. All senior management is located in France. The top management of the Talao platform has experience in placing shares, marketing, managing and creating similar platforms, management, stock and crypto-currency markets.
The Talao project is implemented in cooperation with Ethereum, BlocksCerts, BigChain DB, CoinHouse, IPFS.
Timeline
For further information, please visit:
Website: https://talao.io/
ICO: https://ico.talao.io
ANN: https://bitcointalk.org/index.php?topic=3196824
Telegram: https://t.me/TalaoCommunity
Twitter: https://twitter.com/TalaoDAO
Facebook: https://www.facebook.com/TalaoDAO/