Recently I stumbled upon a new project on the Bitcointalk.org forums: “LanceChain“. In the following article I’m going to explain what LanceChain is and in the end I’m giving you my thoughts about this project.
What is LanceChain?
LanceChain is the decentralized marketplace for both freelancers and project owners, based on the blockchain ecosystem. We revolutionize the current way freelancing works by removing the middlemen between the freelancer and the customer. With 0% commission, additional security on every project and careful talent management, we are a one stop shop for everyone who needs or offers freelance based work.
Our mission is to bring the freelancer closer to the customer and vice versa, while removing all unnecessary obstacles and ensuring proper talent allocation. We believe in the ingenuity, professionalism and talent of the freelancing world and want to bring those qualities to the next level!
How does it work?
The freelancer who looks for a job has an easy to use interface which he can use to find the right job opportunities.
Business owners can list job postings on their platform (LanceChain.com). The platform provides a customer-friendly interface to manage data on the Blockchain.
When the freelancer has completed his job the business owner pays him with 0% fee.
Other similar platforms are acting as a middleman between the freelancer and the business owner. LanceChain removes this middleman and thus ensures that these outrageous fees don’t even emerge.
Security & Quality
LanceChain uses the Ethereum smart contract escrow system and an unique dispute settlement process to achieve additional security on every deal.
The innovative talent vetting program makes it possible for the business owners to hire top professionals quickly and wisely.
LanceChain also provides direct communication between the business owners and the freelancers as well as uncensored, dependable and immutable ratings and reviews.
Unique Features of LanceChain
- 0% commission on each deal, no matter if it’s hourly rate or fixed fee model.
- No censorship due to the nature of the Blockchain.
- Guaranteed payments.
- Clear terms and conditions.
- Opportunities to earn more by participating in various processes within the platform.
- One of a kind dispute settlement approach, providing additional security.
- Unbiased, free choice.
Roadmap
- June, 2017: Idea Genisis and Team Formation
- October, 2017: Development started
- February, 2018: Bounty & Affiliate Announcement
- February, 2018: LANC Token Pre-sale Announcement
- March, 2018: LANC Token Main Sale Round 1
- April, 2018: LANC Token Main Sale Round 2
- June, 2018: Exchanges Integration
- Q4, 2018: LanceChain Platform Launch
- Q1, 2019: Mobile Apps Launch
UI Pictures
Token Info
| Name | LanceChain |
| Symbol | LANC |
| Platform | Ethereum |
| Interface | ERC-20 Token Standard |
| Max Total Supply | 96 800 000 |
The tokens are distributed as following:
- Fundraiser: 50%
- Long-term operating budget: 20%
- Partnerships, community grants and public bounties: 20%
- Founders, team members, early contributors: 10%
ICO Info
Important: If you are among the first ones to buy their Tokens, you will be able to buy them at an exceptional price. You need to whitelist your email to enroll (you can whitelist your email on their website).
Fundraiser Model
- KICK-OFF DAY:
- Bonus: 42%
- LANC:ETH: 2000:1
- Soft Cap: 1000 ETH
- Hard Cap: 3000 ETH
- Duration: 1 Day
- PRE-SALE:
- Bonus: 36%
- LANC:ETH: 1900:1
- Soft Cap: 1000 ETH
- Hard Cap: 3000 ETH
- Duration: 2 Weeks
- ROUND 1:
- Bonus: 18%
- LANC:ETH: 1650:1
- Soft Cap: 10 000 ETH
- Hard Cap: 14 000 ETH
- Duration: 4 Week
- ROUND 2:
- Bonus: 0%
- LANC:ETH: 1400:1
- Soft Cap: 10 000 ETH
- Hard Cap: 14 000 ETH
- Duration: 4 Weeks
Team
Their team consists of the following members:
- Georgi Dzhupanov (Founder / CEO)
- Georgi Bachev (Chief Business Advisor)
- Konstantin Konstantinov (Chief Technical Advisor)
- Petar Staykov (Advisor)
- Theo Shikov (Advisor)
- Bozhko Poryazov (Legal Advisor)
- Alexandra Laleva (Marketing Operations Manager)
- Martin Velikov (Finanical Officer & Controller)
- Toni Busarov (Sales & BizDev Manager)
- Valentina Nancheva (Head of Creative)
- Slav Kolchev (Customer Success Manager)
- Elena Bliznakova (Software Engineer)
Social Media
| https://www.facebook.com/lancechainofficial/ | |
| https://twitter.com/lancechain | |
| Telegram | https://t.me/lancechain |
Important Links
| Website | https://lancechain.com/ |
| Website (Russian) | https://lancechain.com/ru |
| Website (Chinese) | https://lancechain.com/zh |
| Whitepaper | https://lancechain.com/whitepaper |
| Medium | https://medium.com/lancechain |
| https://www.reddit.com/r/LanceChain/ | |
| Smart Contract | https://github.com/lancechain/smart-contracts |
| Bounty Campaign | https://bitcointalk.org/index.php?topic=2938018 |
My thoughts about this project
LanceChain seems like a very promising project to me. In the following paragraphs I’m going to explain why I think that it is worth investing in it.
LanceChain charges no commission fee, which makes them extremely competitive to other similar platforms. It is very likely that freelancers leave their old platforms and join LanceChain.
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