Blok

BLOK

This is a platform that transforms the global workforce by bringing millions of people to the gig economy using block chain technology

PROS:

• Trust: The platform democratizes the gig economy by working with platforms rather against them and by empowering workers  hence hedging the risks of exploitation of the employees by employers  with fair and prompt payment
• Payment benefits: The platform enables the workers to take home  substantial money  and shrinks payment cycles from biweekly to instantly hence beneficial to the users
• Transparency: The decentralized and dynamic contracting allows the market to remain competitive  and lowers the risk of exploitation
• Connection: The project  makes it easy for the user to connect with verified workers across the globe instantly   hence creating a liquid workforce
• Compliance: The decentralized platform allows the gig economy labour market  to remain vibrant enabling the workers to be paid the same amount no matter how they are classified
• The platform  has a good team with exuberant experience ranging from previous high grossing exits, grassroots leadership and scaling startups with the guidance of the CEO  Ivan Cherevko who has technical and executive experience
• The platform white paper is well elaborated with adequate information to the users on how the project employs  the workers

CONS:

• The use of the Blok token doesn’t provide more incentives to the users including  rights  over the company
• The  funds raised by Blok token  during the pre-sale stage is not insured and lacks warranties
• The project  token is not easily exchangeable with fiat currencies hindering easy exchange of the users rewards  to their favorite currency

SUGGESTIONS:

• The platform project should be made exchangeable with other crypto currency and fiat to enable different workers use their favorite currencies
• The platform should provide more incentives to the users by involving them in decision making process

NOTE:

The platform helps in revolutionizing the global on demand workforce enabling the workers to be   paid transparently without any exploitation making it vital hence I would invest in the project