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What is PIXBY
PIXBY smart contract uses the concept of cryptocurrency staking, which can be described as holding interest over some amount of money fixed in your bank account. In this case, the tokens are locked in the smart contract for a period of time and daily-based reward in return. PIXBY team also focused on building utility, as well as making it easy for vendors to receive payments without involvement of ‘middleman'.
The purpose of this project:
PIXBY P2P Freelance Marketplace
With the massive development of communication when you think of a modern company nowadays, it is not always a centralized office where all departments are located in one place. On the opposite, more and more companies are scattered across the country, or even around the world. There is no need for the personal presence of an employee because most of the tasks can be solved remotely. Hiring a freelancer is beneficial to both parties, the freelancers freely manage their time, and employers can save money on renting offices and buying the necessary equipment.
On the other hand, we have blockchain technology that has numerous use cases, what's more, it has crossed over gaming, gambling, financial services, healthcare, and a lot more. Our goal here is to adopt and implement the blockchain technology in another area of daily life, which is the freelance industry use case
To date, however, there are some significant flaws with the currently existing freelance market, centralized industry leaders like Fiverr & Freelancer.com, charge up to 40% in transaction fees. The current system has too many intermediaries making the freelance market expensive and inefficient. If you think it was bad, well most of the currently existing freelance platforms are using PayPal as the primary payment method, because of that withdrawals can take up to 3 working days in most countries.
At PIXBY we are working hard to provide seamless experience for both freelancers and buyers, and eliminate intermediaries from the ecosystem by utilizing Ethereum smart-contracts, in this case, also utilizing the decentralized blockchain network as a payment infrastructure means of providing royalties and rewarding everyone supporting the system.
The release of P2P Freelance Marketplace is planned for Q2-3, 2020 as alpha development has already started. Meanwhile, PIXBY token holders are enjoying the cold-staking.
Token status and distribution
PIXBY is live and trading on P2PB2B and Cat.ex exchanges.
Tokens were offered for sale: 60%
Project Development: 25%
Team treasury: 5%
Airdrop & Bounty events: 5%
PIXBY Freelance Mrktplc. : 5%