What Is WORKIT (WKIT)?
WORKIT reduces transaction costs and realizes fair distribution by overcoming the shortcomings of the existing platform economy through decentralization and de-monopolization. In a protocol economic system, market participants are free to create and participate in certain rules (protocols). In the on-demand decentralized WORKIT ecosystem, freelancers are guaranteed to be paid for services through escrow based on smart contracts, and clients’ funds are safely preserved until freelancers complete mutually agreed upon tasks. This is a decentralized ecosystem, where clients can find the most suitable freelancers for their needs and freelancers can be paid for their services through escrow based on smart contracts.
WORKIT Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | WORKIT |
| Short Name | WTN |
| Total Supply | 10,000,000,000 |
| Max Supply | 10,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
WKIT Price Live Data
The live WORKIT price today is $0.762780 USD with a 24-hour trading volume of $93,569.84 USD. They update WKIT to USD price in real-time. This is down 8.81% in the last 24 hours. The current CoinMarketCap ranking is #3896, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000,000 WKIT coins. If you would like to know where to buy at the current rate, the top cryptocurrency exchange for trading in stock is currently CoinTiger. You can find others listed on our crypto exchanges page.
Platforms to Protocols
Blockchain protocols reduce transaction verification costs without absorbing these costs as intermediaries and, instead, allowing market actors to verify transactions and enforce contracts, while preserving data privacy.
WORKit Features
WORKit puts trust as top priority. All features of aims to support trust between clinets and freelancers.
Prime Service
$WKIT Stakers will receive Prime benefits along with $WKIT rewards. Diverse benefits are exclusive for Prime accounts only.
– Return of commission for all contracts
– Lower dispute fee
– Visually highlighted profile from search result
– Higher Referral rewards
Social WORKIT Price Estimates
This feature is in beta testing. Place your estimates for next 6 months and see what other’s are thinking about it. Data displayed are based on user input compiled by CoinMarketCap. The cut-off for estimates for each month-end is on the 21st of each month.
WORKit ECOSYSTEM
In a decentralized WORKit ecosystem, freelancers’ pay for services are guaranteed through escrow based on smart contracts, while clients’ funds are secure until freelancers complete their agreed-upon work. Since it is based on smart contracts, it cannot be manipulated in any way and must be implemented based on trust.
For hourly payouts, timers are used for accurate hourly payouts. When the freelancer arrives, the timer starts, and the client’s approval is required to start the operation. The client can cancel the work before it begins, and the smart contract will only withdraw funds that are settled according to the time of the work. Clients can rate freelancers and write reviews upon completion of their work.
WORKit Key Features
Verification & Evaluation
WORKit Coin top priority is to ensure that all clients are comfortable hiring freelancers and to provide a secure working environment for all freelancers. To this end, This is designed with a special focus on freelance/client trust. This is achieved through distributed validation and assessment functions. We offer a variety of validation features to help freelancers choose the best one. After the validation and assessment, freelancers who pass the criteria will be used to compensate for the badge NFT and promote themselves.
Reputation system
WORKit takes priority on freelancers who complete more work, and highly rated. It provides efficient functionality to select the best workers in different proportions and grades. The best freelancers do more work and get paid more for their reputations.
Customers also can use a variety of customized filters to help them find the right person for their needs. Selecting a specific worker is also available. Applications also utilize smart filtering to minimize freelancer redundancy. These features can be used especially when searching for similar services.
Multi-Currency Support
WORKit Coin allows clients to hire freelancers using various cryptocurrencies. Each freelancer can set up a list of cryptocurrencies that they want to be paid in their job profile. Payment through $WKIT will provide more benefits and payback rewards.
