Note: This is the initial BitcoinTalk announcement. It will be updated with further information and updates time to time.
WorkPress is the next generation marketplace built on the Ethereum Blockchain, for WordPress specific projects, digital goods, and services. Our goal is to create a Blockchain powered, robust platform to cater all sort of WordPress needs in one place. Eliminating problems and limitations of the traditional freelance marketplaces are one of the biggest motivation to build WorkPress.
WordPress powers a Multi-Billion Dollar Industry. It is the most popular and powerful CMS which dominates 76.4% of CMS market. Powering more than 80 million websites, it is the backbone of the internet. Governments, educational institutes, high tech companies, corporations and millions of businesses utilize it to run their online presence. This industry is contributing over $100 billion in earnings in U.S alone and global earnings are much higher.
WorkPress is aimed to capture this market and provide a complete solution to all WordPress needs under one platform. It is backed by software houses and web development companies from various countries, creating a marketplace that will use WPX ecosystem for payments. It will give the crypto world, a way to spend their cryptos in a huge multi-billion dollar industry.
WPX TokensWPX will be used as payment currency for all transactions on WorkPress platform and will be accepted as the payment method on several other traditional software houses.
After ICO, WPX tokens will be listed on several exchanges. Exchanges will be finalized after the ICO. For the ease of WorkPress users, an on-site exchange will also be provided to buy WPX tokens using BTC, ETH, LTC and Credit/Debit cards.
Symbol: WPX
Token Type: ERC20 Utility Token
Initial Supply: 80,000,000
Max Supply: 98,000,000
Underlying Blockchain: Ethereum
Pre-sale Start Date: 1st December 2017
Pre-Sale Price: $0.10 ~or~ 1 Ether =3000WPX | Bonus: 50%
ICO Start Date: 1st January 2018
ICO Price: $0.15 ~or~ 1 Ether =2000WPX
Why Buy in Pre-SaleThere are many perks of buying WPX tokens in the Pre-sale stage.
50% BONUSWPX tokens sold in Pre-Sale will get 50% bonus. ICO price of WPX is $0.15 (1 ETH = 2000 WPX) but in Pre-Sale it’s only $0.10 (1 ETH = 3000 WPX).
LIMITED SUPPLYThere are only 80m (80,000,000) WPX tokens available in presale and ICO combined. Tokens will be distributed using the smart contract on first come basis.
THE 1000 CLUBFirst 1000 participants will be entitled to 25% discount on all the orders and purchases they’ll make on WorkPress platform and our partner companies.
TOP 50Top 50 contributors will be listed on platform website as the symbol of respect. Contributors will be asked for consent before listing it publically for sake of privacy.
The Problems faced by WordPress IndustryDespite the huge opportunities and a giant market cap, surprisingly there is no platform which is specifically built for WordPress and to cater all WordPress needs at one place. There are some freelance platforms, which offer limited services in WordPress, but they have many problems. They are all very expensive and charge hefty fees. The freelancers are not recruited with proper training. There is no process in place to interview and scrutinize freelancers. In a recent survey, the qualification of freelancers was analyzed. The results indicated that many freelancers were just high school students. This is a big risk working with current platforms. Many of the times potentially good projects fail because of inexperienced freelancers. Freelancers are not given proper training and hence they gain experience by doing an experiment on clients’ projects.
Freelance platform support staff who settle disputes and monitor projects have no WordPress specific knowledge and this often results in unfair cancellations and biased decisions. Sudden account suspensions without a review appeal is another reason for the frustration of freelancers. Making payments and withdrawing funds is a very time taking process. Funds are held for as long as 21 days causing frustration for the service providers.
Since none of the existing freelance platforms provides complete WordPress solution, the clients have to go to several different WordPress services to get one project done. In a simple project, clients have to go to at least four different platforms for, WordPress theme, Design, Development and hosting provider.
The involvement of intermediaries in the process can make freelance recruitments more complex, time-wasting and unnecessarily expensive. In most cases, the platforms acting as middlemen, take a significant cut off freelancers’ earnings, up to 20% in the form of service charges and commissions.
Inflation is at all-time high globally. WordPress freelancers are the part of the most technically aware community. They understand the power of Blockchain and seek refuge in crypto to beat inflation. Unfortunately, none of the current platforms accept cryptocurrencies. This is an unbridged area between two multi-billion dollar industries which needs to be catered for.
Digital purchases such as WordPress themes, plugins, WordPress Courses and add-on accounted for over 1 Billion dollars in 2016. Most of the platforms cut 35% of the revenue and sellers are left with only 65%. Further, there is a cut in name of withdrawal fee and there is a hold for as long as 1-month before they can withdraw. This is an issue with the current eco-system where the central authority charges an unfair fee and cannot be questioned.
Lastly, WordPress freelancers who have left the traditional 9 to 5, seeking work freedom on their own terms may be left frustrated due to the non-existence of platforms catering for WordPress specific jobs. Also, the lack of proper WordPress training and the incessant bureaucracies that are now creeping into most freelancing platforms today can be a huge roadblock for most freelancers.
These problems call for a WordPress marketplace to be put in place, with the job security, the expertise of freelancers and smooth processing of funds put in mind.
WorkPress Platform ServicesFreelance users will provide services in following main categories with just 3% fee.
a. Web Design
b. Web Development
c. Speed & Performance
d. SEO
e. Errors and Bug fixing
f. Website Maintenance and Updates
g. Website Security
h. Website Branding Design
i. WordPress Tasks and Customization
j. Landing and Sales Pages
k. Other WordPress Page 13 services
WorkPress HostingWordPress Optimized hosting with fully customizable plans will be offered on the platform as well. WorkPress will provide hosting at the best price and highest performance to minimize the website running costs. Our servers and configurations will be optimized for WordPress specific needs.
Digital Goods and DownloadsDevelopers and designers will be able to sell their WordPress products on WorkPress marketplace with the fee as low as 3%. Digital WordPress purchases accounting in Billions are done every year. Most of the platforms cut 35% of the revenue and sellers are left with only 65%. WorkPress will invite all global digital sellers to use the platform for a minimal fee and will provide the state of the art tech and sales features.
Stock PhotosWorkPress will feature stock photos market where designers will be able to sell their designs/graphics and photos with just 3% fee. For buyers, we’ll reduce the price by cutting platform fee which is currently 40-50% in most stock photos marketplaces. Standard prices will be enforced using community feedback and voting system to give the best price compared to other marketplaces.
We want to disrupt the hidden management costs and hefty commissions that are cut off from freelancers’ and sellers earnings or charged to clients for their projects in different names. We are aimed to create a global platform that thrives and utilize the full power of WordPress and Blockchain. We just need you, every single individual of the blockchain global community to realize its potential and be part of this technological leap.
Be part of WorkPress.If you have any questions, please feel free to ask us here, email us, post on our Facebook or join the telegram group. Live chat will be integrated into the website soon to answer your questions in real-time.
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