Freelance Industry’s 70 million Gig Workers Can Improve Web3’s Overwhelming Success. How Can Freelance Platforms Like Uwerx (WERX), Fiverr, and Upwork Contribute?
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Web3 is the next phase of the internet. It is giving people more control over their data and allowing for digital ownership of items. The concept boasts several benefits over its earlier versions. As such, several blockchain projects are already adopting and building on the concept in a bid to achieve widespread adoption. Interestingly, the freelance industry can contribute.
The freelance industry is notably a continuously growing industry that has risen from 59 million freelancers in 2020 to 70.4 million in 2022, constituting about 40% of the total 164.3 million US workforce. This article will discuss how this number can help improve Web3’s success.
Many freelancers on traditional freelance platforms like Fiverr and Upwork allow service providers to offer Web3-based services like blockchain development, Web3 dApps development, AI development, NFT creation, Web3-based article creation, and other integrations of the concept.
While the platforms are based on Web2 technology and largely centralized, they offer avenues for Web3 advancement. Thanks to them, Web3 service providers can connect with clients and dish out projects based on the concept.
With more service providers leveraging the platform, the general public will have more resources to learn about Web3 and experience its working through developed projects. Several launched projects and articles exist currently, all leading towards a full Web3 boom.
Another freelance-based platform that will support the advancement of Web3 is Uwerx. The platform is still in development and intends to incorporate the Web3 concept so as to run a blockchain alternative to Fiverr and Upwork.
Uwerx will offer significantly lower fees: a flat fee of 5%, compared to up to 20% on other platforms. Other features will include escrow services, collaborative working tools, dispute resolutions, intellectual property rights, and crypto rewards for active participation.
Uwerx intends to use its benefits to attract a significant number of traditional freelancers to the blockchain. It will also leverage its native cryptocurrency, WERX, to provide more value to users. WERX is currently on presale and goes for $0.005 per token.
Interestingly, the platform has acquired audit approvals from InterFi Network and Solidproof to ensure the platform is safe. The team will also commit their liquidity to a 25 years lock period, and relinquish smart contract ownership when taxes reduce to zero to eliminate the chances of a rug pull.
Fetch.ai (FET) is one of the many blockchain projects leveraging Web3 and pushing for its widespread adoption. It employs an inspiring idea of incorporating smart contracts into service provision for individuals, government, and businesses.
The Fetch.ai (FET) network is set to revolutionize several traditional industries. The economy includes service suppliers and consumers. Thanks to its infrastructure and tools, it aids in the development of a decentralized digital economy based on artificial intelligence.
The project runs with its Fetch.ai (FET) token. It is a multi-purpose native token used to reward node operators and unlock all network operations. Fetch.ai (FET) is also the network’s primary payment method.
Both Fetch.ai (FET) and Uwerx intend to bring about revolutionary changes in industries where they apply, leveraging Web3. Their native tokens will also support the platform’s value. Fetch.ai (FET) is predicted to trade between $0.4 and $0.6 in 2023, while WERX could trade at $1 by Q4 2023.
While both are based on Web3, Uwerx targets an existing community of tech-savvy users and will offer enticing features to port them over to the blockchain and Web3, thus improving the concept’s success.
We believe the Uwerx project will achieve tremendous success upon launch. Consider joining an existing community of enthusiasts through the ongoing process.
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