[ANN][ICO] BOON - First Artificial Intelligence Powered Job Marketplace

[HoLeeDik]

Oh that is cool! But how do you run without any commission? Assuming commission is the way you can earn profit..

Boon Tech Platform has various types of revenue models
Preliminary membership for freelancers is free. Boon Tech offers Gold and Platinum
memberships, which must be paid for..

[HoLeeDik]

Oh that is cool! But how do you run without any commission? Assuming commission is the way you can earn profit..

You can refer to out whitepaper for more details - https://boon.vc//Whitepaper/whitepaper.pdf

[Laya Varghese]

I saw this thing 'Proof of Confidence' in your website? Is that any bounty program?

Yes. You can learn more about our proof of confidence in this blog: https://medium.com/@boontech/introducing-proof-of-confidence-a66ebebf3d24
Our bounty program: https://bitcointalk.org/index.php?topic=2475078.msg25350864#msg25350864

Thank you. How can I take part in the Social promotion part of the bounty program?

Hi, see our bounty program here: https://bitcointalk.org/index.php?topic=2475078.msg25350864#msg25350864
In this page, we have mentioned the Facebook and Twitter instructions for social media promotion.  

[nithin@123]

There are many job platforms. Then what made you build Boontech?

[Laya Varghese]

Are people in US allowed to participate in the ICO?

of course people in US are allowed.

[Oliver John]

Oh that is cool! But how do you run without any commission? Assuming commission is the way you can earn profit..

You can refer to out whitepaper for more details - https://boon.vc//Whitepaper/whitepaper.pdf

https://i.imgur.com/3tDrXWq.png

Okay. What about platform development? Is it already running ? I can see beta version of coinlancer, but not yours.

[Laya Varghese]

There are many job platforms. Then what made you build Boontech?

Yes there are many job platforms. But  Boon Tech is the first ever Free freelancer marketplace in the world that
reward a freelancer and the employer who uses the platform.

[HoLeeDik]

Oh that is cool! But how do you run without any commission? Assuming commission is the way you can earn profit..

You can refer to out whitepaper for more details - https://boon.vc//Whitepaper/whitepaper.pdf

Okay. What about platform development? Is it already running ? I can see beta version of coinlancer, but not yours.

Yes, It is available in App store, Android and Web already. The approval is pending in Apple app store, we reckon it will be available soon. You can check out our platform here - https://www.boon.tech

[Riya R]

Where can I get a referral link?

[Oliver John]

But do you think you charging no commission and coinlancer charging 3% can turn the tide in your favour ? 3% is negligible

[HoLeeDik]

But do you think you charging no commission and coinlancer charging 3% can turn the tide in your favour ? 3% is negligible

That is not our only strength, we are the only platform which has a patent technology for hedging to deal with the liquidity and volatility of cryptocurrency. Neither the employer nor the freelancer has to worry about the fluctuations.

[Laya Varghese]

Where can I get a referral link?

You will get a referral link in your mail once you register for the token sale.

[Laya Varghese]

You are saying you run on your own blockchain. What is the advantage of that?

The greatest advantage is that transactions are lightning fast. You could feel the difference if you used other platforms. 

[Oliver John]

But do you think you charging no commission and coinlancer charging 3% can turn the tide in your favour ? 3% is negligible

That is not our only strength, we are the only platform which has a patent technology for hedging to deal with the liquidity and volatility of cryptocurrency. Neither the employer nor the freelancer has to worry about the fluctuations.

I cannot really buy that argument. All currencies are prone to fluctuations and it is imminent that there will be a fluctuation at the end, either depreciation or appreciation. What is the role of hedging and how it will overcome the volatility?

[bkris]

Is boon has its own wallet? How much time will it take to transfer from escrow to the freelancer's wallet?

[nithin@123]

Boon is an Ethereum based blockchain Right.What is idea behind that?

[HoLeeDik]

But do you think you charging no commission and coinlancer charging 3% can turn the tide in your favour ? 3% is negligible

That is not our only strength, we are the only platform which has a patent technology for hedging to deal with the liquidity and volatility of cryptocurrency. Neither the employer nor the freelancer has to worry about the fluctuations.

I cannot really buy that argument. All currencies are prone to fluctuations and it is imminent that there will be a fluctuation at the end, either depreciation or appreciation. What is the role of hedging and how it will overcome the volatility?

Patent Pending for Hedging against volatility : This is the biggest and most important feature Boon have which is lacking on any other platforms.

Especially for the job marketplace where majority of the jobs are 100 or less hedging against the crypto market fluctuations are mandatory.
Only Boon assumes the market will have a downside as well.

Both other platforms assume that ether price will always go up. Assume you are an entreprenuer and you want to make a website
You create a project in our platform and hire one person to do the job. A webdesign work will atleast take 2 to 3 weeks.

At the start of the project you deposit lets say 2000 USD in ETH or Boon. This will be in our escrow. The freelancer will only get this money after the work is done. When you are happy with the work, you release the amount.

At the time you deposit the money in our platform, we hedge it against USD. We covert your ETH into Boon dollars which is pegged to USD
So after two weeks whatever the value of ETH we convert into ETH at the time you are ready to pay the freelancer
So you will not lose any money, there is no anxiety from the freelancer whether the ether value goes down. basically all parties will be confident about the platform in giving them the returns

Conversion of ETH to Boon dollars is called hedging. This is the technology we developed using our logic and some other API

[Laya Varghese]

Is boon has its own wallet? How much time will it take to transfer from escrow to the freelancer's wallet?

Yes. We do have  BOON Coin wallet. Through that, transferring assets p2p is reduced to mere minutes while current fiat based systems can take from two days to six months before both parties are in possession of their assets.

[Oliver John]

Okay! Hedging sounds like your main USP. That could be interesting since you are really putting a lot of effort into the R&D, Do you have a good team for that or else this wouldn't be possible?

[Riya R]

What was the point behind creating Boon Dollars?