Crypico: Cryptocurrency Payments For Work, Gigs & Services?
Crypico is a freelance cryptocurrency marketplace and community. Crypico works similar to other freelancing job sites like Upwork, Freelancer and 99 designs where clients can sign up and post jobs to be completed by qualified contractors; Crypcio works the same, except payment is made by clients in cryptocurrencies instead of fiat.
With Crypico, freelancers can sign up and designate their skills and preferred crypto payment method. Some of the most popular job categories on Crypico include graphics design, writing, translation, and music & audio.
Crypico accepts most major cryptocurrencies as a means of exchange, with Bitcoin, Litecoin, Ethereum, and NEO being some of the most popular coins that freelancers accept in exchange for their time and services.
How Does Crypico Work?
Crypico works on an escrow basis, where the job poster’s money is held in a series of wallet accounts by the platform before payment is released. This escrow basis serves to protect both the freelancer and job poster from fraud and embezzlement, with payment released only after parties accept that the work has been completed to a satisfactory standard.
Besides the usual features of a freelance marketplace, Crypico has a blockchain and crypto-related features that differentiates it from others.
Bounties And Airdrops
One defining feature of Crypico is its Bounties and Airdrops section. Bounties and Airdrops let investors earn free cryptocurrency with the coins “dropped” to their wallet address. To qualify for an airdrop, an investor must first hold a certain number of coins of a compatible cryptocurrency, with the airdrop giving that investor a proportionate number of coins of a new cryptocurrency. An example of an Airdrop is Bitcoin Cash’s airdrop for WCT holders, where WCT holders receive free Bitcoin Cash simply for holding an amount of WCT. Airdrops are used reward and encourage the adoption of a particular cryptocurrency by improving its circulation and liquidity. Airdrops are frequently used in place of mining, which can be time and cost-prohibitive.
ICOs & Project Discussion
Another feature of Crypico that separates it from others is its forum to discuss ICOs and other blockchain projects. This section was presumably setup so that founders and freelancers can network and discuss requirements first before the project begins, as well as serving as a magnet for fresh search traffic from advertisers and enthusiasts alike.
Finally, Crypico has a dedicated section where users can request gigs from the community that don’t fit into one of their pre-determined categories. With gig requests, people can request any task to be completed as long as the task does not violate the platform’s terms and conditions.
Crypico is one of the many platforms that have emerged in the gig-market economy with a few defining features that set it apart from others.
As Crypico is brand new, it is unclear whether the platform will reach the number of users and user activity that it requires to be commercially successful. There is, however, some activity on the site already, with gigs posted in multiple sections of the website and a healthy amount of discussions taking place in its forums.
More information can be read about the platform on the company’s website, with the FAQ being a good place to start if you’re interested in finding out more.