Hey Everyone! The topic here is Supp’s hospitality project. All opinions, ideas and questions are welcome.
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Telegram -
https://t.me/gosuppToken website - under construction
User community website -
www.suppapp.com Instagram -
https://www.instagram.com/supp_oz/Aus AppStore link -
https://itunes.apple.com/au/app/supp/id1132479191?mt=8—
The uberisation of industries is changing the way people work. Supp proposes a welfare-enhancing model: the Decentralised Autonomous Co-Operative (DACo-op). In this model interests are aligned, and the community moves towards shared economic, social and cultural goals. This innovation is made possible by the Supp Blockchain Protocol.
The Supp Blockchain Protocol encompasses value distribution, user governance and digital currency payments, and will enable the community to rapidly scale into a robust and low cost global co-op. The Protocol will address the power imbalance between workers and hirers, and by mitigating black market shifts, it will provide transparency in payment rates and foster community pressure to fairly compensate staff. Frequent users of the platform will share in the value they help create, rather than it being extracted by a small group of investors.
Supp tokens can be earned by users in an incentive system which rewards positive participation, and discourages damaging behaviour. The utility of Supp tokens will evolve over time and initially be used to (a) decentralise platform governance, (b) incentivise positive participation, (c) reward early adopters via the Tip Jar, (d) lower platform costs, and (e) provide nomadic millennials or temporary foreign workers an optional medium of exchange for income remittance.
Today with Supp, if there is a gap in a venue’s staff roster, managers connect with peer-reviewed workers in real-time using a simple app. Casual staff, travellers and temporary foreign workers can easily get hospitality shifts to supplement their income. Secondary benefits we have observed are a boost to industry productivity by minimising time wastage, and better compliance with local workplace legislation. On Supp, wage rates are higher than usual, in part due to venues getting rewarded by the community for sharing their productivity savings with the worker, and having a high degree of comfort about the worker’s skill level thanks to the reputation system. The minimum viable product (MVP) was launched on iOS in 2017 to inner Melbourne hospitality leaders, and proof of concept was reached soon after.
Whitepaper available soon. Looking forward to sharing more about the project and hearing from you! Cheers