Blue Whale EXchange BWX to Omni OMNI Exchange

Crypto Pair Details: BWX to OMNI

Blue Whale EXchange BWX

Blue Whale Foundation, The Decentralized Ecosystem for the Self-Employed Blue Whale is set to rock the gig economy’s boat by building a decentralized ecosystem to allow freelancers and the self-employed to reap rewards and employment benefits from their contributions Against the backdrop of technological disruption and offshoring, the “gig/sharing economy” is burgeoning globally. Freelancers will make up a whopping 58% of the US workforce by 2027. Consequently, peer-to-peer booking platforms like AirBnB and Uber have seen a meteoric rise in demand accompanying these shifts in the job market. As the definition of work changes and evolves, the difficulties encountered by freelancers and part-time workers such as the lack of protection, and the insecurity of self-employment will only worsen. This not only affects the growing mass of freelancers, but also ruptures the social contract between workers and governments. Consumer protections have also weakened because of the murky legal relationship between freelancers and their host platforms. This simmering dissatisfaction has created popular backlash, as concerned governments in several countries such as France have begun to crack down on platforms like Uber and AirBnB. Despite these worrying trends, no workable remedy has been proposed - until now. The Blue Whale Foundation’s ICO is set to rock the boat of the gig/sharing economy by leveraging on blockchain as a service to provide freelancers with employment benefits such as paid-time-off, and retirement pensions traditionally available only to salaried employees.

Omni OMNI

Mastercoin / Omni is a digital currency built on top of the Bitcoin blockchain. Its features include the development of a decentralised exchange and the implementation of smart property and savings wallet. The Master Protocol facilitates the creation and trading of smart properties and user currencies as well as other types of smart contracts. Mastercoin enables the Bitcoin eco-system to become more decentralized. The Mastercoin project was launched on 31 July 2013 with a one-month long fundraiser. Those interested in obtaining Mastercoin may send bitcoin to an 'Exodus Address' where the funds collected would be used to fund the development of Mastercoin. Around 500 people invested in Mastercoin sending roughly 5000 bitcoins to the Mastercoin project.

SOURCE: COINGECKO

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