Coinlancer is a blockchain-based freelancing platform that utilizes its native cryptocurrency called Coinlancer (CL). It aims to revolutionize the freelancing industry by providing a decentralized marketplace for employers and freelancers to collaborate and transact without the need for intermediaries.
Coinlancer allows employers to post jobs and securely pay freelancers using CL tokens, which are ERC-20 tokens on the Ethereum blockchain. By utilizing blockchain technology, the platform ensures transparency, security, and fairness in freelance transactions.
Freelancers can create their profiles, showcase their skills, and bid on various job listings posted by employers. Once a job is awarded, the employer deposits the agreed-upon payment into an escrow smart contract. Upon completion of the project, the freelancers submit their work and receive payment once the employer approves the deliverables.
Coinlancer aims to eliminate issues faced by traditional freelancing platforms, such as high fees, delayed payments, payment disputes, and limited access due to geographic restrictions. By using CL tokens, the platform guarantees low transaction fees and quick cross-border payments.
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