Decentralized employment cooperative Opolis launches native WORK token

2021-4-23 02:05

CryptoNinjas » Decentralized employment cooperative Opolis launches native WORK token

Opolis, a digital employment cooperative offering high-quality, affordable employment benefits and shared services to independent contractors, freelancers, digital nomads, solopreneurs, and sole-practitioners, today announced the launch of its new community patronage token, WORK.

The Opolis Employment Commons (Commons) spent the past year developing an economics model that rewards members of the Commons for patronage activities described as payroll consumption, new member referrals, and staking. As a utility token for governance, staking, and patronage distribution inside the Commons; owners of WORK must be an Employment Commons Member to receive full benefits.

“We’re aligning the incentives and outcomes of our community around the activities that accrue value and ultimately build a sustainable, member-owned public utility infrastructure for the Independent Worker. We start in the US, but plan to expand globally to serve a global workforce.”
– John Paller, Executive Steward of Opolis

During the genesis allocation, the Commons will mint and distribute 315,000,000 WORK to Commons stakeholders. There is no max cap for the amount of WORK that can be generated although WORK is only minted as specific growth milestones are met by the community members.

Immediately following the completion of the genesis allocation, 27,800,000 WORK will be in non-treasury circulating supply. 165,000,000 WORK is allocated to the Commons Community and 150,000,000 is allocated to the Commons Trustee; Opolis, Inc.

Superfluid and RaidGuild collaborated with the Opolis core team in building the technology that will deploy WORK to the Members of the Commons. Superfluid will continue its partnership with Opolis to bring streaming finance to payroll and other employment-related use cases.

“Opolis is using Web3 technologies to upgrade the work experience for the 21st century. Streaming salaries and incentives are basic components in our vision of the future, and we are extremely excited to partner with Opolis to realize this vision together.”
– Francesco Renzi, Co-founder & CEO at Superfluid

To read more about the details of WORK, check out the token economics paper here.

CryptoNinjas » Decentralized employment cooperative Opolis launches native WORK token

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

employment work opolis token cooperative decentralized launches

employment work → Результатов: 9


Why I believe the future of work is on the blockchain

Mobile and internet technologies have made it easy for people across the world to successfully work on and get paid for projects, regardless of their time zone, currency, and location. For many, freelance work is an appealing alternative to the restrictive, office-bound, 9-to-5 model, and the macro trend toward flexible and geographically autonomous work is only accelerating.

2019-3-24 10:30


The West’s unconscious bias against tech in Afrika limits innovation

January 2017 was special in many ways; important to note, it was the first time I ever boarded an airplane, but also it was the time I underwent a grueling visa experience. Armed with notarized documents, among them, a promissory 6-month work contract, particulars of my record of employment (hint; a startup), curriculum vitae, birth certificate, and academic certificates — I set off for the Democratic Republic Congo (DRC).

2019-1-24 13:37


Фото:

Cryptocurrency Bank Revolut Faces Heat For Abusive Recruitment Activities

Revolut, a digital banking alternative is recently experiencing a bit of trouble from Spanish Community for their abusive recruitment activities. According to an article published by ElDiario on October 21, 2018, the fintech bank is implementing unfair hiring activities, resulting in Revolut gaining free work from people looking for employment.

2018-10-27 17:00


Фото:

On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03