Taskfair is a local services on demand platform connecting users with local businesses and contractors based in the US. TASKFAIR shifts home service website from a traditional approach to a global decentralized peer 2 peer platform protected by utilization of blockchain technology to ensure confidentiality, contracts safety and payment security.
Taskfair Ico is a blockchain-powered ecosystem for home service on-demand platforms and gig economy marketplaces. Taskfair Platform, as the part of the ecosystem, will provide the access to blockchain technology for the wide audience of home service providers and homeowners all over the world. Main advantages of this technology are the fraud protection with escrow smart contract and market lowest fees
Taskfair’s mission is to change the way the Gig Economy marketplaces work and value ideas. The home services industry will be the first step of Taskfair’s mission to transform the Gig Economy. Taskfair goal is to become the top solution that empowers users and service providers and promotes the effective matchmaking of transparency, efficiency, contracts security and high quality standards.
Problem 1. It is difficult to ensure job success and user safety. Imagine that user engage a service provider to paint the walls, he executes the job poorly and then demands full payment. The user either has to enter into a difficult conversation, or he merely concedes and pay the requested fee. Problem 2. Centralization and unnecessary intermediation (e.g., the classic home services platform) make the process longer and more complicated. Problem 3. Commissions range from 5%-30% for intermediate parties, escalating user fees. Problem 4. The process to locate an appropriate specialist or handyman can be time-consuming and confusing due to an overwhelming variety of websites, apps, listings, terms and conditions. Problem 5. Lack of industry leaders (biggest company is just less 10% of the market) and worldwide standards.
Taskfair Ico is creating and evolving a blockchain-powered ecosystem for home service on-demand platforms and gig economy marketplaces. The ecosystem will enable end-users to hire and engage service providers in a seamless, safe, secure manner with minimal transaction costs. Taskfair ecosystem will be decentralized and controlled by the Community with the help of Token. Utilization of Taskfair technology and ecosystem would be open-sourced and free for all home service on-demand platforms and gig economy
Taskfair Blockchain Network
As mentioned above, there will be an external token and an internal token. Emission of the external token, the Taskfair Token, will occur during the Token Generation Event. The Taskfair Dollar is the internal currency. The rationale for an internal currency is to protect the operation of smart contracts inside the Taskfair network against potential token volatility in the cryptocurrency marketplace.
Steemit and the Creation of a Home Improvement Community
Taskfair seeks to do more than connect end users with a handyman or useful analytics. Taskfair’s ambition is to create a genuine community. This community will provide buoyancy and valuable knowledge with respect to the home improvement journey.
Status and Features
Taskfair’s roadmap is set forth further below, with specific dates.
Version 0.9 of the platform is already live. It is a alpha version of website incorporating fiat payments. Version 0.9 currently allows for customers to post requests, along with a proposed budget, and for service providers to respond to posts in order to negotiate terms and engage.
Version 1.0, the Taskfair token will be available for use on the Taskfair platform. Version 1.0 will incorporate smart contracts (in test mode) that allow for entry into the system through Taskfair Tokens. Escrow accounts will be structured for each purchase in order to minimize risk for customers.
Taskfair Contract Enforcement Use Cases
The use cases set forth below will be implemented in Version 2.0 and driven by Taskfair Dollars.
Key Parts of the Contract:
b. Completion time.
c. Service provider wallet.
d. Customer wallet.
e. Escrow wallet
Rewards System and Upvoting
The centerpiece of the ecosystem is its rewards system. End users will be rewarded for achieving their home improvement goals. End users will also be rewarded for uploading a valuable blog, post or video to the Taskfair network. Content that enriches the community’s knowledge of home improvement will be the engine of the platform. End users will be rewarded for organizing meetups and participating in contests.
The Taskfair Token will be implemented on the Ethereum blockchain as a decentralized ERC20 token in Taskfair Platform. Developed using blockchain technology to ensure smooth secure transactions between
parties, the Taskfair Token will enable users to participate directly within the network, as well as spend or trade their coins with other users.
Initially, 30% of the total supply of tokens will be reserved for network growth. The network growth pool of Taskfair Ico tokens will be used to incentivize the engagement of users in the platform. Propy users will receive rewards in PROs when undertaking certain actions on the platform. For example, when a service provider or regular user joins the platform, she or he would receive a reward in Taskfair tokens for doing so. This reward system is calculated to encourage the adoption of the Taskfair platform worldwide. As more users join the platform, there could be an associated increase in the number of transactions performed on the platform.
[su_quote]This article is writing on 2 July 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: email@example.com Or Whatsapp Us- +13098896258[/su_quote]
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