design, features and concept this project very good, chasing such a target might take a long time 20 million hard cap and 6 million soft cap if the team boontech can chasing the target over more from 6 million in a short time i think will succes.
Topic: [ANN][ICO] BOON - First Artificial Intelligence Powered Job Marketplace - page 45. (Read 11792 times)
December 01, 2017, 12:55:10 PM
December 01, 2017, 12:52:11 PM
Nice coin. I wish see your coin on different exchanges
December 01, 2017, 12:45:52 PM
This completely competes the projects which had successfully did an ICO like bitjob and more like blocklancer. If those project hasn't started to be used by freelancers what are the chances of this project to be ahead with those who already have done months ago?
There are two main aspects a blockchain project is successful.
1. We have to account for market volatility of crypto currency.
2. We have to make sure legacy platform users have no friction or skepticism to migrate to blockchain project
We address the first point by introducing Boon Dollars. Boon dollars is pegged to USD and that will eliminate the fluctuation of crypto currency in our platform. So users are confident they dont lose money by doing business with Boon.
Adoptability wise, we allow freelancers to import their profile from the legacy platform where they have credibility and reviews. its like a competitor to Yelp allows yelp reviews to be imported into their platform. So freelancers and entreprenuers dont have to start from scratch in our platform.
We have zero service fee, where the competitors have 20% service fees.
These aspects of our platform is remarkable and this is not implemented in none of the blockchain projects I have looked at.
For more information please visit www.Boon.vc and register for our token sale. We have a 25% bonus now.
December 01, 2017, 12:40:03 PM
This completely competes the projects which had successfully did an ICO like bitjob and more like blocklancer. If those project hasn't started to be used by freelancers what are the chances of this project to be ahead with those who already have done months ago?
We are aware of the competitors in this space. I actually made a blog post addressing these concerns of investors. Please check this out.
December 01, 2017, 12:37:28 PM
This completely competes the projects which had successfully did an ICO like bitjob and more like blocklancer. If those project hasn't started to be used by freelancers what are the chances of this project to be ahead with those who already have done months ago?
I know it's chances are questionable. But at broader sense the online world is gathering in the ICO world as well as. Bitcoin and all other crypto currencies are spreading it's uses at all over the world, which wasn't availably happened months ago when blocklancer came up. I Hope Boon coin gets the success. It's a better project and has a brighter future!
December 01, 2017, 12:15:43 PM
Why this is named Boon coin?? Is there any reason to name this? What does that stands for?
December 01, 2017, 12:10:34 PM
This completely competes the projects which had successfully did an ICO like bitjob and more like blocklancer. If those project hasn't started to be used by freelancers what are the chances of this project to be ahead with those who already have done months ago?
December 01, 2017, 12:01:06 PM
What are the scopes for the employers in the markerplace? What benefits will be there of using boon coins and why it's better than upwork and freelancer?
Here are the benefits and comparison with upwork and freelancer
December 01, 2017, 11:59:36 AM
I dont really understand the idea behind Boon Dollars, What is it exactly? Is it a new currency or another form of Boon coin ? Since you are already pegging ETH to USD, why there is a need of Boon Dollars ?
Maybe its like in-game currency?Boon dollars allows us to hedge against the market volatility, without Boon Dollars we will be like any other platform who dont account for ether going down.
There are two main aspect a blockchain project is successful.
1. We have to account for market volatility of crypto currency.
2. We have to make sure legacy platform users have no friction or skepticism to migrate to blockchain project
We address the first point by introducing Boon Dollars. Boon dollars is pegged to USD and that will eliminate the fluctuation of crypto currency in our platform. So users are confident they dont lose money by doing business with Boon.
Adoptability wise, we allow freelancers to import their profile from the legacy platform where they have credibility and reviews. its like a competitor to Yelp allows yelp reviews to be imported into their platform. So freelancers and entreprenuers dont have to start from scratch in our platform.
We have zero service fee, where the competitors have 20% service fees.
These aspects of our platform is remarkable and this is not implemented in none of the blockchain projects I have looked at.
For more information please visit www.Boon.vc and register for our token sale. We have a 25% bonus now.
December 01, 2017, 11:55:53 AM
What are the scopes for the employers in the markerplace? What benefits will be there of using boon coins and why it's better than upwork and freelancer?
December 01, 2017, 11:33:40 AM
What's your min and max marketcap?
December 01, 2017, 09:34:22 AM
I dont really understand the idea behind Boon Dollars, What is it exactly? Is it a new currency or another form of Boon coin ? Since you are already pegging ETH to USD, why there is a need of Boon Dollars ?
Maybe its like in-game currency? December 01, 2017, 08:43:18 AM
I wouldn't say this is a scam but I see no incentives for why someone would actually use this over any other site. Your stuck with the chicken and egg problem and no reason for anyone to actually switch.
Upwork and Fiverr are our competitors. These two companies have a combined revenue of 1.3 Billion dollars a year. Both of these companies charge a 20% service fee for every transaction between employers and freelancers. Upwork.com charges another $2.00 for each bid after an initial 60 bids allocation per month. while Boon Tech Platform allows users to use it for free. There are no competitors that use blockchain technology with a combination of reward system, which makes Boon Tech platform more affordable and enticing for investors as well as users.
The reason these sites work so well is they use the fee to keep a minimum standard level on the sites. Just because your site is free doesn't mean anything. In fact it will probably attract a low level quality of users.
who are your competitors?
Upwork and Fiverr are our competitors. These two companies have a combined revenue of 1.3 Billion dollars a year. Both of these companies charge a 20% service fee for every transaction between employers and freelancers. Upwork.com charges another $2.00 for each bid after an initial 60 bids allocation per month. while Boon Tech Platform allows users to use it for free. There are no competitors that use blockchain technology with a combination of reward system, which makes Boon Tech platform more affordable and enticing for investors as well as users.
The reason these sites work so well is they use the fee to keep a minimum standard level on the sites. Just because your site is free doesn't mean anything. In fact it will probably attract a low level quality of users.
December 01, 2017, 08:16:06 AM
I dont really understand the idea behind Boon Dollars, What is it exactly? Is it a new currency or another form of Boon coin ? Since you are already pegging ETH to USD, why there is a need of Boon Dollars ?
Boon Dollars (BD) was designed as an attempt to bring stability to the world of cryptocurrency, and to the individuals who use the Boon Tech network. Once BOON has been purchased it should be converted into Boon Dollars (BD) to mitigate the impact of dilution over the longterm.
December 01, 2017, 08:09:29 AM
who are your competitors?
Upwork and Fiverr are our competitors. These two companies have a combined revenue of 1.3 Billion dollars a year. Both of these companies charge a 20% service fee for every transaction between employers and freelancers. Upwork.com charges another $2.00 for each bid after an initial 60 bids allocation per month. while Boon Tech Platform allows users to use it for free. There are no competitors that use blockchain technology with a combination of reward system, which makes Boon Tech platform more affordable and enticing for investors as well as users.
December 01, 2017, 08:05:03 AM
I dont really understand the idea behind Boon Dollars, What is it exactly? Is it a new currency or another form of Boon coin ? Since you are already pegging ETH to USD, why there is a need of Boon Dollars ?
December 01, 2017, 07:58:16 AM
Membership Fees : No membership fees are not in fiat, its in Boon coin or ether as of now, but in the next version we will implement BTC and Zcash payment.
The value of Boon coin goes up as our business grows. Our hard cap is 20 million which is super low compared to our competitors market cap of 1.3 billion dollars. I included only top two players. Freelancers contribute
1.4 trillion dollars in US economy alone. Reference below.
Freelancers are going to be major work force by 2027 again reference below.
There are currently 57.3 million freelancers in America alone.
We have a hardcap of 6000 USD per person, which means our coin investors cant dump Boon Coins because no one will hold more than 6000 worth of boon coins at a time.
We can use many other coins in the platform, not just Boon Coin. Anyone can convert any alt coin to ethereum and use it in the platform. we are not dependent on just Boon coins to increase the revenue.
When someone use ethereum in the platform to hire someone, we immediately convert that into Boon dollars. In order to convert ethereum into Boon dollars, its converted into Boon coins and then to Boon dollars.
So always there is demand for boon coins if anyone does an activity in the Boon Tech platform.
Basically Boon coin is only one currency used in the platform. But we need boon coin for hedging.
Revenue sharing : Yes we share revenue for the platform users. All high earners and high spenders get rewards of our market share every year. We allocate 10% of our coins just for this purpose.
This is the acceptable answer for my previous question.The value of Boon coin goes up as our business grows. Our hard cap is 20 million which is super low compared to our competitors market cap of 1.3 billion dollars. I included only top two players. Freelancers contribute
1.4 trillion dollars in US economy alone. Reference below.
Freelancers are going to be major work force by 2027 again reference below.
There are currently 57.3 million freelancers in America alone.
We have a hardcap of 6000 USD per person, which means our coin investors cant dump Boon Coins because no one will hold more than 6000 worth of boon coins at a time.
We can use many other coins in the platform, not just Boon Coin. Anyone can convert any alt coin to ethereum and use it in the platform. we are not dependent on just Boon coins to increase the revenue.
When someone use ethereum in the platform to hire someone, we immediately convert that into Boon dollars. In order to convert ethereum into Boon dollars, its converted into Boon coins and then to Boon dollars.
So always there is demand for boon coins if anyone does an activity in the Boon Tech platform.
Basically Boon coin is only one currency used in the platform. But we need boon coin for hedging.
Revenue sharing : Yes we share revenue for the platform users. All high earners and high spenders get rewards of our market share every year. We allocate 10% of our coins just for this purpose.
Added to my watchlist
December 01, 2017, 07:55:28 AM
who are your competitors?
December 01, 2017, 07:54:43 AM
I have a question regarding the patent . It was mentioned in huffington post article as well . What’s the patent for ? Why can’t any other company implement the same thing on a blockchain ?
None of the platform or none of the projects in this space allows the depreciation of any coins. But in real world coins go up and down. Especially in our platform a project might take weeks and months. So we have to address that. So whenever someone deposits funds in our platform we convert that into Boon Dollars which is pegged to USD. When they take out the money its converted back into any currency they wish. So there is no fluctuation.
You can have detailed reading about the patent pending from our medium post: https://medium.com/@boontech/how-hedging-works-in-boon-28ffb2f996d5
December 01, 2017, 07:30:40 AM
I have a question regarding the patent . It was mentioned in huffington post article as well . What’s the patent for ? Why can’t any other company implement the same thing on a blockchain ?
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