CigTricks will be seeking to build a blockchain–based ecosystem to increase transparency

In GigTricks view the freelance and on–demand economy are lacking the principle standards to form a trusting business relationship between clients and freelancers. To solve this problem, CigTricks will be seeking to build a blockchain–based ecosystem to increase transparency, trust, and reliability among platform participants. Every action, including reviews and skill ratings, will be verified by the platform participants within the immutable blockchain.

As such, nothing can be forged within the ecosystem. CigTricks objective is to create the worlds first 3G freelance and on–demand ecosystem which will be trusted by a community of millions. Ultimately, the CigTricks platform aims to help in the fight against global recession by creating extensive opportunities for talented individuals so that they can simply find the gigs, work from home, generate income and spend on their consumer needs resulting in a true economic growth.

GigTricks is seeking to incorporate unique functionalities, such as a blockchain–based Point of Sale (PoS) device, which enables freelancers to conduct their business ouline. Additionally, CigTricks Pro aims to empower talented individuals by showcasing their verified online profiles. Existing CigTricks marketplace allows both startups and established enterprises access to top talent who have authenticated credentials and can be hired in a matter of seconds. Each component of our ecosystem,..., the CigTricks Marketplace, Pro, Social, Learning, and PoS, aims to leverage each other to provide maximum integrated benefit to the global communities.



CigTricks Social aims to allow users to earn CigBit Tokens by publishing and/or viewing social content. The CigBit tokens can be used as a means of payment for additional skill tests in CigTricks Pro or to access premium services like CigTricks Learning which will seek to enable the user to learn additional skills.

Users will be able to view both the freelancers overall profile rating, their specific skill ratings, and reviews; this decreases the communication time between clients and freelancers by over. Moreover, if any dispute arises, CigTricks has implemented an incentivized voting system which increases trust and engagement. The global markets are expanding, and now businesses throughout the world are able to build, grow and scale their business in a much faster way.



GIGBBIT Token (GBTC)

The GIgBit token (GBTC) is based on ER20 format and it works in the Ethereum nettwork because it will make it easily adoptable by the community and by the market. The Ethereum based token is a good solution for regular payments that are above small amounts such as $0.0001. GigTicks will utilize GigBit credits for micropayments to make them more cost-effective. The Gigbit credits are not tradable. They will be issued by the platform and can be converted to GigBit tokens only. The GigBit credits cannot be sent from one user to another, otr outside the platform.
This crypto token (GBTC) is intended to enable a means of payment across the ecosystem for its participants globally. The token can be used for: In-app transaction for unlocking products or services, Users subscriptions, Community rewards, Advertising, Royalty payments, and Freelancer tipping.

The token will also serve to equalize the playing field and set a benchmark for the services which will be provided.

  • Token name: GIgBit token
  • Token symbol: GBTC
  • Total supply: 1,000,000,000
  • Token type: erc20 token
  • Mincap: 5 million USD
  • Hardcap: 50 million USD
  • Token price: 1 GBTC = 0.24800 USD
  • Unsold tokens: will be destroyed
  • Key benefits: tradable utility tokens
  • Token distribution: immediately available




GigTricks Bonus Scale!

These crypto utility tokens are put up for sale at a discounted rate during Private Sale, Pre-ITO, and ITO (Initial Token Offering). The Private Sale is LIVE and the GigBit Tokens (GBTC) are available at an unbeatable rate i.e. 1 GBTC with 75% discount is equivalent to $0.062.
Here’s the breakdown of the GBTC discount event and important date you must note down:

  • Private Sale-15th April to 15th May.
  • Pre-ITO-1st June to 30th June.
  • ITO-1st July to 30th August.
  • The token distribution will take place 21 days after ITO ends.

During the three phases of the special discount period. The discount throughout the sale period until the end of ITO on 30th August 2018 will keep changing. So let’s get started and see the discounted rates of GBTC so that you could leverage the most out of this sale period.
Private Sale-GBTC will available for sale for $0.062 i.e. 75% discount will be active throughout this one-month period.

Pre-ITO Power Hour-After Private Sale ends on 15th May, people will have another golden chance to avail 65% discount on GBTC during Pre-ITO Power Hour, as soon as Pre-ITO will start the power will be active and just as its name suggests it will remain active until one hour exactly. All requests will be entertained on first come first served basis. (1 GBTC = $0.08680)

Pre-ITO-Once Power Hour is ended, the normal pre-ITO will be live. On Day 1, the discount will be as high as 60% on GBTCs tokens i.e. 1 GBTC will be equivalent to $0.09920. On Day 2, 1 GBTC will be equivalent to $0.10664 and on Day 3, the discount active will be 55% i.e. 1 GBTC will be available for $0.11160. On Day 4 and onwards of Pre-ITO, GBTC will be available at $0.12400 i.e. 50% discount.

ITO-Here, Pre-ITO will end on 30th June 2018 and ITO will be live on 1st July 2018. The active discount will be 25%, 15%, 10%, 6%, 4% and 2% during week one through week 6. However, on week 7 and 8, the GBTC can only be purchased at the standard rate i.e. 1 GBTC will be equal to $0.24800.

So, that was all you need to know about the bonus scale of GigTricks ITO. Now be wise and contribute to have the most benefit out of this sale period.



Consume GigBit Tokens

The GBTC can be consumed in a number of methods within the ecosystem by members of the community. Some of these are listed below to help you get started with your GigTricks account and the tokens you acquire throughout your GigTricks experience.
GigTricks Marketplace
It is a platform bringing the freelance community together; here GigTricks virtual tokens can be used to trade services among members at GigTricks Marketplace. Moreover, clients can make payments using GBTC.

GigTricks Learning
At GigTricks Learning, you can find various courses that may help you polish your skills further. You can use GBTC to get access to these courses. Here, institutions globally can decide their curriculum and post courses and student can sign up for these courses using GigBit tokens.

GigTricks Pro
At GigTricks Pro, you can show off your profile and individual skills but in order for a particular skill to appear, taking skill tests is mandatory since GigTricks is building on core values to offer authenticity and verification under blockchain whatever tasks the community members perform. The skill test charges only a minimal fee and you can pay it via GBTC using PoS device.

Advertisement
Additionally, the GigBit token can also be consumed for advertisement. Through advertisement, sellers can market their products to reach more potential buyers, whereas freelancers can use advertisement to boost their profile and attract more clients or entrepreneurs to their profile.

As a whole, the GBT is the utility token to be used by the ecosystem participants of GigTricks and can be consumed anywhere within GigTricks Ecosystem. You can either buy services, create trust by tipping freelancers for their services, make in-app purchases, take video courses, access to subscription models, place ads or simply make payments using it.

Global Market Size

At present, industry sources are unable to give a definitive size of the global gig economy. As explained by the Brookings institution, "the sector²s size and growth have been diuicult to clarify and challenging to measure". The major reason behind the shortcoming is that Covernment data–gathering is not positioned euiciently to capture the gig economy, in part because it is conceptually complex and in part because the US government stopped counting "contingent workplace" arrangements aLer 2005. As a result, no comprehensive database exists on either employment in the gig economy or its geography.
A US congressional study faced similar hurdles. It stated that "characterizing the gig economy workforce...is challenging along several fronts. To date, no large–scale ouicial data²G have been collected; and there remains considerable uncertainty about how to best measure this segment of the labor force…"

The GIGTRICKS ecosystem archtecture

The GigTricks ecosystem architecture has been designed to be highly scalable to ensure its flexibility. This simply means that the freelancers will be able to sell/market their products and/or services online or offline as a part of the ecosystem.


For example, a digital marketer could develop and also offer a course or sell a product or service on the GigTricks platform either online or offline (that is, in person). The freelancer can then recieve payment via the GigTricks crypto tokens named as the GigBit token (GBTC).

The GigTricks platform aims to make global adoption an effortless process.

GIGTRICKS Products

GigTricks Marketplace
The existing CigTricks Marketplace connects entrepreneurs with freelancers across the globe. The buyers can hire professional freelancers for big or small projects. The CigTricks Marketplace will act as the mechanism to connect worldwide professionals to trade services between each other by using CigBit token.
GigTricks Pro
One of our business objectives is to increase the level of engagement among ecosystem participants. This can be accomplished by enabling entrepreneurs and freelancers in the system to engage with one another to ”friend,” follow, message, or share information directly with other platform participants. CigTricks Social will seek to be a platform which brings the community closer and increases the level of engagement among the participants. As opposed to other social platforms where people can easily fritter away the valuable time by conducting unproductive activities, CigTricks Social aims to galvanize purposeful engagement that leads to mutual professional benefits

GigTricks Learning
CigTricks Learning is intended to become the global online center of excellence where entrepreneurs and freelancers can acquire the best skills to enhance their business and professional expertise for greater success. CigTricks Learning will form part of the CigTricks ecosystem. CigTricks Learning aims to be an open platform where mentors, instructors, teachers or experienced professionals can upload their course products which will be visible to a community of millions. Users can gain access to these courses using CigBit tokens. Whenever any user attends an online course, they will need to pass the exam in order in order to earn skills points which will be added to their CigTricks Pro profile.

GigTricks Pro
CigTricks Pro is intending to become a global platform for professionals to showcase their professional profiles/resumes verified under the CigTricks blockchain. CigTricks Pro will form part of the CigTricks ecosystem. This means that the professionals can showcase their profile and the details will be verified by CigTricks blockchain technology. In addition to this, clients can see the skills ratings that will later help them in their hiring process.

Currently, the other professional profile platforms have no verification mechanism which truly validates the skill mentioned in any profile.

In our view, CigTricks Pro opens a world of opportunities for many freelancers who may not have acquired an institutional degree from a verifiable university or college. However, this does not mean that they do not possess a top–rated skillset. CigTricks helps to solve this dilemma through the testing process.

Each time a professional add a skill to their CigTricks Pro profile, they will pay a small skill fee using CigBit Tokens. The fees per skill are kept to a minimum in order to encourage people to build their online blockchain based profiles. However, using a fee structure will strongly deter any spam or non–serious persons, thus drastically reducing the likelihood of onboarding low–quality freelancers.

GigTricks Point of Sale (PoS)
We aim to partner with institutions across 18◇ countries so that, for example, a student will be able to pay for their education via CigBit Tokens and by using the CigTricks Point of Sale (PoS) devices which are connected directly with CigTricks blockchain. ¦n principle, this means that every training institute in any country has the ability to run their curriculum on our platform with the course fees being paid via CigBit Tokens. This will give all training providers a chance to increase their sales revenue on a large scale.

We hope to be able to integrate the Bitcoin, Ethereum, Litecoin, Dash, etc a form of payment using CigTricks PoS device. The CigTricks PoS will automatically convert these currencies, by using 3rd party exchanges, into CigBit tokens.

Why Review System In Blockchain

The most transparent product or service reviews are a global challenge as this has been manipulated in diuerent ways to the benefit of the product owners. Consequently, the buyer may struggle to find the best products or services and may have ended up with low–quality product or service with wasted time and money.
CigTricks authenticated review system will be based on the Hyperledger Fabric in which the review data will be stored within the permissioned blockchain which is immutable and through the use of technologies like IBM Watson and machine learning. CigTricks blockchain will seek to store and moderate all reviews in the most transparent way.


How GigTricks Work

User
When a user has diuerent roles across CigTricks multiple platforms, then the user will have access across the ecosystem as per the certificate authority which is saved in Hyperledger Fabric.
Access control
A user will be able to subscribe to one or more services within the CigTricks product or service ouerings. This system will enable users to initiate, renew, or cancel their subscriptions. Users can upgrade or downgrade their subscriptions at any time.

Subscriptions
A user can subscribe to one or more services within the CigTricks product or service ouerings. This system will enable users to initiate, renew, or cancel their subscriptions. Users can upgrade or downgrade their subscriptions at any time

Team



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