I don't know if this question was answered before, but if on the platform, the freelancers are being paid in ETH, how do we really have value for the LNC?
Hello ciro1,
The LNC tokens represent shares of the company. As you might know, a fee of 3% will be charged when a contract is executed. A 100% of the fees will be distributed among the token holders. All this by voting correctly at the token holder tribunal, wrong voting is punished.
Hi,
Just a few more sentences to the value of Lancer.
A holder of the Lancer Token benefits from the Blocklancer platform in two ways.
- If you hold more than 10,000 Lancer Token you get access to premium features on the Blocklancer platform. After holding more than 10,000 Lancer Tokens for a period of at least 1 month your account will be automatically upgraded to a premium account.
- If you hold Lancer Tokens, you are allowed to participate in the Tokenholder Tribunal. For participating in the Tokenholder Tribunal in an honest and informed way you will be rewarded by a share of the platform fees.
The benefits of the premium account and the participation in the Tokenholder Tribunal will be delineated in the following sections.
Premium AccountsAccess to premium accounts is restricted to Tokenholders. Only Tokenholders, who hold more than 10,000 Lancer Tokens, for a period longer than 1 month get access to premium features of the platform.
This way we incentivize people, who are interested in the long-term success of Blocklancer. People, who are holding Lancer Tokens purely for speculative reasons and short periods of time, will not be able to use premium features.
With the success of the Blocklancer platform the demand for Lancer Tokens will increase, on the other hand the supply for Lancer Tokens will decrease, because premium users will not sell their Tokens, because they would lose access to the premium features.
The premium account includes features such as:- Getting access to detailed profile statistics. Know, who viewed your profile and how you can optimize your profile appearance.
- Only allow the best rated freelancers to apply for your jobs. Your job offers will be predominantly visible to the best freelancers on the platform. Freelancers with no rating or bad rating will not be allowed to apply for your jobs.
- Your job offers will be higher ranked by our search engine.
- Your application for a job offer will be ranked above non-premium applicants.
- Get early access to new features.
Best regards,
The Blocklancer Team