Digital marketplaces have revolutionised small businesses and self-employment prospects. However, there still remains numerous intricacies and obstacles to overcome in order for freelancers to have complete trust and freedom on these marketplaces. Our partnership with Blue Whale will contribute in building an extensive online ecosystem where everyone can benefit and have access to the growing sharing economy through blockchain solutions. Both companies have signed a Memorandum of Understanding (MOU) aimed at expanding collaboration to change the freelance and resource-sharing scene globally.
This collaboration also aims to increase utility of BWX tokens that may be used by marketplaces built on Arcadier as well as allowing referees of products sold on the marketplace to earn BWX tokens as well.
About Blue Whale Foundation
The Blue Whale Foundation is disrupting the freelance and gig sharing economy by tackling issues such as the high costs of using the platforms of tech-giants like Facebook and Upwork, and the lack of employment benefits for freelancers. Their blockchain-based protocols remove the middlemen in transactions, and reward users for providing fundamental functions that marketplaces today depend on such as referrals, ratings, task verification and dispute resolution.
Arcadier is the world’s fastest-growing proprietary marketplace builder platform providing opportunities to anyone who wants to kickstart their own online marketplaces for goods and services. We lower the barriers to entry in the marketplace by removing hefty operational costs and the need for technical knowledge. Marketplaces are an important platform for small business owners and the self-employed to sell their goods and services, and be discovered. However, marketplaces suffer from two chronic problems that hinder their growth — and Arcadier, along with Blue Whale, are here to solve them.