Vancouver, British Columbia--(Newsfile Corp. - July 18, 2017) - InvestmentPitch Media's Jay Addison take a look at the Blockchain Application Bitjob at BitJob.io, a decentralized peer to peer students marketplace for online short-term jobs.
What BitJob has done is take a traditional business model of creating a SaaS platform to connect students, freelancers and employers and applied this to the blockchain. Another example of how Blockchain platforms are revolutionizing the way software is developed and used, creating better, faster, more secure systems for doing business.
Cannot view this video? Visit:
BitJob is being developed on the Ethereum platform, the most popular blockchain for application development.
BitJob has created a cryptographic token called Student Coin or STU for short which can be purchased with other crypto currencies or fiat money. This provides many advantages including the ability to hire contractors and students without paying the significant transaction fees that we see with existing services. BitJob participants or freelancers will have a reputation assigned to them to enable them to access remuneration appropriate to the skill level, this provides for a fair and predictable cost base for potential employers.
They have signed some very significant agreements with the government of the Netherlands, the Dutch Governments Blockchain projects and too many others to list.
BitJob has enlisted TokenMarket at TokenMarket.net to manage their ICO or Initial Coin Offering. This will ensure a reputable second party is managing the escrow, handling the transactions and insuring that all participants in the Pre-ICO or ICO receive their Student Coins.
BitJob has a Pre-ICO starting on August 2nd, 2017, the first step in allowing the general public to purchase their Coins. A pre-ICO is usually the most inexpensive way to purchase tokens which can be used in the future to pay for services in their marketplace or traded on exchanges, allowing the holder to convert those Student Coins to BitCoin or Ethereum to sell for fiat money.
If you are new to these blockchain projects and ICO's, keep in mind you are usually not getting any equity in the project, you are purchasing a virtual coin which could have intrinsic value or may not. In the case of BitJob they have figured out a way to give their coin long term value since it can be used to purchases services in their marketplace.
For more information, please visit BitJob.io.
About InvestmentPitch Media
Investmentpitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.CONTACT:
Barry Morgan, CFO