Blocklance ($BLK) officially launches on February 18 at 5 PM UTC, bringing a new approach to freelancing with web3.
Author: Sahil Thakur
Written On: Tue, 18 Feb 2025 05:26:46 GMT
Blocklance ($BLK) officially launches on February 18 at 5 PM UTC, aiming to decentralize the freelance industry. The platform integrates blockchain technology to provide low fees, transparent transactions, and full ownership of earnings for freelancers worldwide.
Blocklance merges decentralization and freelancing, creating a borderless marketplace where recruiters and job seekers can connect securely. The name combines “Block” from blockchain and “Lance” from freelance, emphasizing its unique model.
Traditional freelance platforms like Upwork ($2.26B market cap) and Fiverr ($1.2B market cap) dominate the industry, but they impose high fees and centralized control. Blocklance positions itself as a transparent, low-cost alternative that prioritizes user autonomy.
The global freelance platform market was valued at $4.39 billion in 2022, but it faces ongoing issues:
Blocklance addresses these problems by using blockchain’s decentralized structure to ensure low-cost transactions, secure payments, and user-controlled accounts.
Blocklance believes freelancers should not face barriers due to location, platform restrictions, or high fees. Its blockchain model enables:
As the freelance industry evolves, Blocklance positions itself as a decentralized alternative to centralized giants. Its launch marks a shift toward autonomy, transparency, and financial freedom for freelancers worldwide.
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