About Global Jobcoin
Global Jobcoin is a decentralized token that’ll be used to pay for services that are related to recruitment. The token will be used on their Jobs Today recruitment platforms in Switzerland, Germany, Poland and Austria. Through their ICO crowd sale, the company hopes to expand its jobs platform by offering a reliable cryptocurrency for use in many countries around the world.
Global Jobcoin Business Model
GJC token hopes to achieve the following come 2018:
Online Payments –
As an employer, you may use Global Jobcoin to pay for job postings on the reliable recruitment website. International employers will save on currency conversion costs when placing job ads by using this token.
Freelancer Smart Contracts –
Clients on the recruitment platform can secure their funds under smart contracts. Through an escrow function, a client can release payment to freelancers once the given milestones are achieved.
Employer Bounty –
Global Jobcoin believes that rewards are an amazing way to attract talent from all over the globe. Employers will be in a position to offer GJC tokens as rewards to applicants or even to users who have recommended candidates.
As a GJC investor, the brand intends to pay out super dividends every quarter using Ethereum cryptocurrency. The company has put in place an easy interface to process the dividends into the investor’s token wallet. There’s also the initiative to purchase 10% of the GJC tokens in the marketing and locking them in an escrow account for a year.
Global Job Token Sale Overview
During the pre-sale and crowd sale, 70% of GJC tokens will be offered. The total supply of pre-mined coins is 100 million with a hard cap of 200,000 ETH. During the ICO pre-sale, 10 million tokens are available for investors to purchase with an exchange rate of 1 ETH for 560 GJC and one is required to purchase a minimum of 10 ETH.
The GJC ICO crowd sale will run between 28th October 2017 and ends on 6th December with 60 million tokens available for purchase. The currency for transacting is Ethereum with a minimum purchase of 0.01 ETH.
The token distribution is as follows: 70% in the crowd sale, 10% to the founders, 10% to professional partners, 5% to charity projects and 5 % to the reward program for the cryptocurrency community.
Security of Token Sale Participants
The company has come up with security recommendations that every ICO participant is required to read before purchase. It’s worth noting that the firm won’t publish the contract address on any social media platform and is only visible on their official website. These measures are geared towards protecting the investor.
Facts about Jobstoday Platform
- They’ve had a working product since 2014 in 4 countries
- The platform has a unique strategy of recruiting through social media interaction
- Provides a 100% application guarantee to employers
- Funding for the platform has already been done by its 2 founders; Sanket Deshmukh & Lukasz Ochnik.
- The company has recorded a rapid growth of over 500% in a period of 3 years