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Atlas.work ICO 5 min overview ($WORK)
Hey guys, here is a quick overview of Atlas.work ICO ($WORK). The project isn't getting much attention yet but it does have a pretty solid white paper. This is not financial advice, do your due diligence before investing. And mind the scammers: they are particularly active in the field of ICOs. Note that Atlas.work ($WORK) and WorkCoin ($WRK) are different projects. It seems that WorkCoin is trying to steal Atlas.work's idea, c.f. https://twitter.com/AtlasWorkCoin/status/968209697017917447
An autonomous and decentralised freelancing platform
Aims to disrupt freelancing platforms.
The main limitations that dissuade freelancer engagement from traditional freelancing platforms: heavy service fees (10-20%) and delayed compensation.
Atlas has tiny fees
2 USD for the freelancer
or no fee at all if transaction done with WORK token
Atlas provides immediate withdrawals of compensation.
Description
ATLAS wallet & ATLAS digital asset exchange
conduct transactions in various crypto-currencies
however, decided not to support USDT (for now at least)
Jobs advertised with a reward in crypto value - vs crypto reward indexed on a fiat.
Built-in secure peer-to-peer communication system and file sharing capabilities
Ranking system for users
Career Guidance
via Machine Learning & a virtual assistant
"refined data-analysis system to pin-point the exact needs for clients and freelancers”
Funding
ICO
"A smoother ICO. Instead of a typical ICO crowdsale where investors would send Ethereum for a token, early adopters of Atlas can utilize the Atlas wallet to purchase pre-mined Work coins using Bitcoin or Ethereum"
freelancing expected to represent 50% of the job market by 2020 in the US alone
Freelancing platforms not only speed up the job-matching process but that eliminates traditional pains that have plagued this talent pool
lead the 4th Industrial Revolution. The initial jobs that will be attracted will mainly be web-related. However, as cryptocurrencies become more popular and accessible with the help of Atlas, our efforts will eventually shift to provide a larger variety of jobs.
Exemplar fields of work Atlas aims to accommodate:
"Although this new blockchain is independent of Ethereum, the Atlas Blockchain is a fork of the latest Ethereum Release and inherits the best features from the public Ethereum blockchain"
"full independence from the Ethereum blockchain in terms of infrastructure, more control over critical decisions such as utilizing proof of stake or proof of work, it gives users the ownership of the platform and it allows us to create an ambitious open blockchain in freelancing that can extend beyond the limits of ERC20”
the WORK coin will now have to be mined
"able to create a coin that is fully owned by the community”
wouldn’t it be if it was ERC20 ?
"implies that it is the freelancers and clients that use the platform who propose improvements" … improvements on the coin ??
"opens up avenues for the establishment of an Atlas DAO (Decentralized Autonomous Organization)”
"Through the Atlas blockchain, Atlas promotes the building of work/employment related decentralised applications and services that accept the WORK coin”
the ATLAS blockchain could be used by other platforms?
Platform
AI and machine learning - for career guidance
tech stack ?
Digital asset exchange
"being user-friendly, it reduces the infrastructure overhaul necessary to accommodate other cryptocurrencies or payment means in the future"
History
Previous milestones
Project status
Q4 2017: beta platform - not publicly accessible though
Roadmap for future
Q1 2018: searching for investors.
Q1 2018: securing partnerships.
Q1 2018: marketing team member to be announced
Q1 2018: ICO - Feb 15th to March 15th (tbc)
Q1 2018: platform go-live after ICO
Product
Lightweight & Cross-Platform - from raspberry pi to MacBook
"The Atlas platform is meticulously crafted to be accessible from any device. Whether it be a raspberry pi, mobile phone or a high-end desktop, any person running a modern operating software should be able to use the platform in order to engage in work online."
Exchanges to be launched
Binance and Kucoin most likely
Legal
Profit sharing feature was remove
Transparency
blockchain code is on github
platform code will be on github after launch
Revenue
No plan to get significant income from fees
Team gets tokens during ICO - so they cash out after some years
vesting?
Token usage
Maintenance
Join as an organisation
team builder (A social feature on Atlas) you are able to quickly link with other users in order to form organizations and microbusinesses
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