Working for Bitcoins: Get Paid in Crypto Doing Freelance Jobs?
Working for Bitcoins is a digital platform that helps employers and freelancers to conduct business using Bitcoins. Employers can post their jobs on the platform and pay freelancers with Bitcoins.
Once a job is posted, freelancers are free to bid on it and the employer chooses whom to work with.
On the other hand, freelancers need to sign up on the platform and search for jobs posted by people who will pay them in Bitcoins. Once freelancers sign up, they can post a bid on particular jobs as many as they want. It’s at the discretion of the employer to offer the job to a freelancer he likes.
Pay and get paid in Bitcoins: As its name suggests, Bitcoin is the base currency used on the platform. Both employers and freelancers must accept to pay and be paid in Bitcoins.
Direct P2P Payments
The platform does not require the employer to deposit any funds into the site. All funds remain in the custody of the employer, who transfers them directly to the freelancer.
While this brings up questions and risks to both parties, they agree on a milestone to ensure that the employer does not send too much funds before the work is complete. At the same time, the freelancer does not do too much work without compensation.
Each employer posting a job on the platform must provide a wallet address through which a freelancer will get payment. The system then provides verification to bidders as to whether or not the wallet provided has the funds to cover the budget posted.
Besides, the wallet addresses are kept private from everyone and revealed to only to the bidder and employer who agree to work together.
To ensure that every deal is transparent, the system conducts independent verification of payments and transactions using the blockchain. Once an employer makes a payment, the system automatically locates the data using the blockchain and displays it on the page for everyone to see.
All the same, the system hides the transaction links and reveals them only to the employer and the winning bidder.
One-Way Initiation Communication
Another important feature of the platform, it ensures that the chat system takes place through a one-way initiator. This implies that for a chat conversation to exist, the job poster has to initiate the conversation with a bidder.
Working for Bitcoins Team
Milad Afdasta and Nung Chris Yoo head Working for Bitcoins platform. Milad aims to build a freelancing platform that utilizes blockchain technology to enable users worldwide to engage in business transactions seamlessly. He focuses on technology and systems.
A self-taught entrepreneur, Milad has used various technologies to create software platforms. He’s also great at managing teams of engineers.
On the other hand, Chris focuses on positively transforming the freelance marketplace by using cryptocurrency. He works towards creating a platform that will allow both employers and freelancers to efficiently connect with and create value for each other.
Chris brings his experience as the Founder of Pupvice, where he launched the iOS platform. Heading the business and strategy departments at Working for Bitcoins, Chris has a rich career extending to J.P. Morgan and Chicago Ventures where he was a Fellow.