The cryptocurrency market faced another day of erratic price movements on Jan. 13 after Bitcoin (BTC) bulls were soundly rejected in their bid to push the price above $44,000. This led to an abrupt sell-off that has thrust the price back into the high $42,000 range. Despite the mid-day struggle faced by Bitcoin and many of the other large market-cap cryptocurrencies, several small-cap altcoins managed eek out notable gains. Data from Cointelegraph Markets Pro and TradingView shows that the three biggest gainers over the past 24-hours were Cream Finance (CREAM), Electroneum (ETN) and Rari Governance Token (RGT). CREAM token holders …
With the world shifting faster than ever towards remote work and freelancers becoming indispensable to companies in ways never seen before, the hiring process has been clearly lagging behind. Mainstream freelancing platforms are biased towards the client. Employers often have more power than freelancers in terms of dispute resolutions, governance and fees. Payments made towards freelancers are subjected to hidden intermediary fees, as well as long withdrawal times. Powered by a blockchain ecosystem, HYVE wants to solve the problems of the freelancing industry through a decentralized platform. The mainnet launch With a deployment consisting of four stages, HYVE launched its …
By 2027, more than half of the U.S. workforce will be freelancers. That means that 86.5 million Americans will be part of the gig economy at least part time, according to a recent study by Statista. That’s up from 67.6 million this year, and the pandemic has only accelerated this trend, as a recent study of the $1.2 trillion industry showed 12% of the U.S. workforce tried freelance work for the first time in the past 12 months. And all of those decentralized workers will need to find and work with clients, which is where HYVE comes in. A decentralized …
During the last couple of years, the freelancing market has boomed with millions of people giving up their day jobs and choosing to work from home in industries which they love. However, finding a steady flow of work, unaffected by large commissions can be quite difficult in the current state of the market. In fact, centralized industry leaders, such as Fiverr, Freelancer, Amazon’s Mechanical Turk and Upwork charge large transaction fees, hence affecting the amount of profit freelancers make. Solution The problem lies with the high number of expensive middlemen facilitating transactions. To bring a fix to this issue and …