those freelancers working through your platform, will they get paid in your tokens only?
They will be able to get paid in various cryptocurrencies and perhaps even fiat eventually.
When it comes it dispute resolution by voting on your blockchain, is there a minimum number of votes required to make a decision valid? What if an expected large group of token holders refrains from voting at all?
There will always be votes in our token tribunal. People will vote because they'll receive a payment for that
In this way our token holders make profit holding the LNC token and help by solving disputes.
What if the votes turn out extremely close? Or even result in a draw?
We will always have the exact results, it is very difficult to yo have an exact draw. But if something like that happens the platform holders will find a solution.
How about forcing the amount of voters in the tribunal to be an uneven number to avoid draws?
Of course, that is a way, but I still don't know how exactly this will work.
Hi,
That really a great question.
Should a draw or a close result happen both parties (freelancer+client) have the option to restart the dispute. Most likely the amount of voters was just too low for a valid result.
We are also thinking about a higher instance tribunal to solve such disputes. (freelancer+client are able to execute it after the first dispute)
Also note 90% of the disputes on current websites are very very easy to decide. (Freelancer hadn't finished the job, client doesn't marks the job as completed -> disappeared, Freelancer isn't responding, Freelancer hadn't completed the project before a milestone/deadline, Undeserved bad review from client/freelancer)
Best regards,
The Blocklancer Team
Thanks for the responses.
I had a hunch that that's what most disputes would end up being like, I just tend to like to think about the fringe cases before they occur. Very interesting to see some actual numbers about the dispute cases though!
What would the higher instance tribunals look like?
those freelancers working through your platform, will they get paid in your tokens only?
Hi,
Thanks for the question.
On the Blocklancer platform freelancer are paid in Ether. We also plan to accept Tether(USDT) to reduce the risk of price fluctuations of Ether.
Everything else would be just too big of a hassle for everyone involved. Many people already own Ether why should we use something else?
The biggest advantage of the Lancer Token is that the Token Holder receive 100% of the fees. On top of that the Token Holder are allowed to vote on disputes.
Best regards,
The Blocklancer Team
Have you heard anything about the US regulations that end up treating "profit sharing schemes" as "securities" and thus deeming them illegal, making them unlistable on some of the larger exchanges (in the US)?
And does this concern Blocklancer in any way or would the platform simply operate under a legislature where this problem does not occur in the first place?