Content Hourlies has recently announced the debut of their token for distribution, Content Hourlies Work (CHW) as of August 14th, 2018, in response to market results as well as community expectations.
Global economic changes, currently occurring due to the prowess of blockchain technologies, are irreversible. Decentralization of payment processes with the use of smart contracts means we can reformat the whole freelance payment operations, making them more reliable, secure, rewarding and transparent.
The use of CHW means they shall be able to put aside half the players in the market who charge unwarranted fees on payments, making many of the services more than 10% cheaper. Freelancers also get more value for the money they earn on tasks.
All interested participants will be able to get a piece of the 21,000,000 CHW tokens through the CHW token airdrop. The primary aim of this token is to offer a direct use for the cryptocurrency between the clients and freelancers, eliminating the need for a third party. In addition to providing a decentralized business model, the players enjoy the benefits of smaller fees than the current alternatives offer.
To create awareness to set up the token, the platform will hold a token distribution. The aim is to attract users from all over the world. With a limited supply of CHW tokens, its value is bound to increase as the number of users increase.
One of the contributors to the platform, Dave Harrington offered his thoughts about the technology in the current market saying:
“These services are necessary for any marketer, and when a platform can offer all of them, the burden to marketers becomes less. Due to the elimination of agency fees, freelancers earn more and clients pay less. Freelancers become motivated to do their best, while clients order more due to the CHW rewards.”
Based on its experience, Content Hourlies realizes that not only will it enjoy competitive advantage over its counterparts, but eventually it will also reduce the duration it takes for payments to reach the freelancer. The token is not only meant for use to pay freelancers, but token holders can also use them to implement B2B, B2C, C2C and M2M transactions.
The token is built upon the Ethereum blockchain, which is a fast and reliable platform that is the basis of hundreds of other digital assets. This allows for speedier transaction approval to remedy the shortcomings of current payment methods. Reliability is also based on the absolute trust in, and the expertise of the development team that is handling the token. The team is led by Dennis Hamming, who has been in the freelance industry for more than a decade and understands the issues that affect both clients and freelancers when it comes to payments.
The team decided that the starting point for the coin should be Content Hourlies platform because it is already developed and has been in operation for over a year. With the platform being competitive in the market, the team found it wise to start with a platform whose results are measurable. From this platform, the group plans to take the tokens to other platforms and niches different from freelancing.
Content Hourlies has a mission of always bettering what they have already accomplished while committing to what the community asks for. Token deployment will be enacted shortly, and the platform is already open for business.
SOURCE Content Hourlies
Edited by K. Fanning
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