Although I might use this platform, because it's a great idea, but I want to know what's the connection between this and the blockchain? Why do you need to issue a new token, rather than a platform to help shopping?
Thanks for asking. There are three reasons we need a new token:
1) We focus on mini-jobs and favors in remote places, so you need to be able to pay the service provider quickly and without high wiring fees, etc. as the mini-jobs are small amounts.
Example: if you want someone in your next vacation destination to check if there are vegetarian dishes on the menu of the local restaurants, you will offer something like $5. If you need to wire them to someone there and pay $30 wiring fee it kills the deal.
2) if you order a service somewhere without seeing or knowing the service provider, both parties need to be sure the compensation is there. We offer an eacrow service in our smart contract. Once you order a service, the agreed amount of coins is licked in an escrow. Once job is done you can release them, but you cannot get them back (unless the person you hired agrees). In case of disputes over a service independent jurors will review the case
3) to make the platform successful we need a global reach with plenty of users everywhere. That way if you need a service your chance to find someone to provide it is much higher.
We plan to partner with messenging app providers to boost users, but first we need a lot of marketing to make the platform a success and drive value of the C4Fs up. An ICO is a fund raising method to allow us to complete development and do sufficient marketing.
Thanks and have a great day