Stipend - [SPD]
The Freelancer's Currency
Stipend - Abstract
Today, companies of all sizes are rapidly increasing their use of freelance work for a number of reasons. It is often cheaper and easier, and the talent pool much larger. Accordingly, there are a number of intermediaries already operating within the marketplace; however, they are not utilizing blockchain technology—a technology that would benefit prospective employers, freelancers, and intermediaries enormously. We believe that the blockchain is a revolutionary, industry-changing technology, much the same as the Internet before it. Stipend advances the vision and promise of a decentralized platform for freelancers that will: 1) enable anyone to post an offer, 2) allow an individual to apply for an offer without restrictions, and 3) securely and transparently provide a record of user performance, history, and many other data.
Perhaps the main flaws inherent to most platforms currently operating in the market are their excessively high fees—some amounting to more than 20% even before any payment processing charges are included. If a freelancer wants to get paid via credit/debit card, the fees are even higher due to anti-fraud inspection and overhead processing expenses levied by credit card companies; PayPal fees also take a substantial cut out of any paycheck and bank transfers. If such fees weren’t bad enough, most methods also incur significant delay—taking up to a week to clear, with faster options costing even more. Beyond payments and fees, there are countless other areas ripe for improvement, including ensuring work is timely and of sufficient quality, payment is made to the right place, any disputes are properly settled, and more. Overall, the entire process is inefficient, costly, and time-consuming, limiting the untapped true supply and demand in this already rapidly growing market.
Stipend will therefore be an all-in-one platform for all kinds of freelance tasks. Teams will be able to easily and efficiently disburse payments to contributors who have fulfilled the requirements of any task using the currency they prefer. Project managers using Stipend’s native currency (SPD) will be charged no fees, while transactions using any other supported coin for payment will be charged a small fee. The blockchain also allows for an integrated verification process, a reputation system, and other functionality that can provide crucial validation before any payment is disbursed.
Stipend is our vision for a next generation freelancing platform that leverages the unique, powerful features of blockchain technology. We wish to create an expansive environment beneficial to both freelancers and employers through low fees, near-instant payments, and a unique reward scheme that explicitly incentivizes the highest performers—all without the exorbitant fees and hidden costs of existing alternatives.
Stipend - Specifications
Algorithm: C11/SHA256d
Type: PoS/Masternodes
Coin Name: Stipend
Coin Ticker: SPD
Coin Supply: 19,340,594 SPD
Block Time: 90 Seconds
Confirmations: 10 Confirmations
Mined Confirmations: 91 Confirmations
Time Drift: 45 Seconds
Stake Maturity: 24 Hours
Masternode Maturity: 600 Confirmations
Masternode Collateral: 5000 SPD
Stipend - Block Rewards
| Block # | | PoW Rewards | | PoS Rewards | | MN Rewards |
| #2 | | 1 SPD | | 0 SPD | | 0 SPD |
| #101 | | 5 SPD | | 0 SPD | | 0 SPD |
| #201 | | 10 SPD | | 0 SPD | | 0 SPD |
| #301 | | 15 SPD | | 0 SPD | | 0 SPD |
| #401 | | 25 SPD | | 0 SPD | | 0 SPD |
| #1501 | | 15 SPD | | 10 SPD | | 25 SPD |
| #210001 | | 0 SPD | | 10 SPD | | 25 SPD |
| #240001 | | 0 SPD | | 8 SPD | | 12 SPD |
| #420001 | | 0 SPD | | 4 SPD | | 6 SPD |
| #630001 | | 0 SPD | | 2 SPD | | 3 SPD |
| #850001 | | 0 SPD | | 1.2 SPD | | 1.8 SPD |
| #1890001+ | | 0 SPD | | Halving | | Halving |
Stipend - Alpha Release
Stipend - External Links
Stipend - Roadmap
Stipend - Bounty Program
As we continue to develop our alpha and get ready for our official launch in the next few weeks/months, we've realized the necessity of growing the community. As a result, in order to improve our marketing and outreach efforts, we've decided to go and start an extensive bounty program, highlighted by an ongoing signature campaign and rewards for quality content. In order to get rewarded for completing bounties, you must adhere to the given rules listed below.
Stipend - Signature Campaign
Rules
- You must be an active member/ regular contributor.
- You must post at least 10 posts/week with the Stipend Signature
- Your posts must be constructive and on-topic
- Spamming, low-quality posts, or copy-paste responses will not be counted
- You must not create more than one account
- We do not allow multiple signatures for the same user
- Users with negative trust are not eligible for the campaign
- Payouts will occur on Sunday of each week
How to Apply
Fill out the Google Form Here - https://[Suspicious link removed]/forms/ouK12HeDqQYcO5T23
Check your Acceptance Here - https://[Suspicious link removed]/iDQcED
Newbie - Reward: 5 SPD Weekly
Stipend - the Freelancer's Currency (stipend.me)
Jr. Member - Reward: 12 SPD Weekly
[center][url=https://stipend.me/]Stipend ● the Freelancer's Currency
▬▬ ● ● PoS / Masternodes ● ● ▬▬[/url][/center]
Member - Reward: 20 SPD Weekly
[center][url=https://stipend.me/] Stipend ● ● the Freelancer's Currency [/url]
▬▬ ● PoS / Masternodes | [url=https://platform.stipend.me/] Alpha in Development[/url] ● ▬▬
[url=https://bitcointalk.org/index.php?topic=4694590] ANN Thread[/url] ✦ [url=https://github.com/Stipend-Developer/stipend-whitepaper/blob/master/Stipend%20-%20Whitepaper.pdf] Whitepaper[/url] ✦ [url=https://discord.gg/5JJgTwd] Discord[/url] ✦ [url=https://twitter.com/StipendOff] Twitter[/url] ✦ [url=https://medium.com/@StipendOff] Medium[/url][/center]
Full Member - Reward: 30 SPD Weekly
[center][url=https://stipend.me/][color=#db001c][b] STIPEND [color=#2F2E2D]● ● ●[/color] the Freelancer's Currency [/b][/color][/url]
[color=#444444] ▬▬ ●[/color] [b][color=#2F2E2D]Proof of Stake / Masternodes [/color] | [url=https://platform.stipend.me/][color=#2F2E2D] Alpha in Development [/color][/url][color=#444444] ● ▬▬ [/color]
[url=https://bitcointalk.org/index.php?topic=4694590][color=#db001c][b] ANN Thread [/b][/url] ✦ [url=https://github.com/Stipend-Developer/stipend-whitepaper/blob/master/Stipend%20-%20Whitepaper.pdf][color=#db001c][b] Whitepaper [/b][/url] ✦ [url=https://discord.gg/5JJgTwd][color=#db001c][b] Discord [/b][/url] ✦ [url=https://twitter.com/StipendOff][color=#db001c][b] Twitter [/b][/url] ✦ [url=https://medium.com/@StipendOff][color=#db001c][b] Medium [/b][/url][/center]
Sr/Hero/Legendary Member - Reward: 40/60/80 SPD Weekly
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[center][table][tr]
[td][/td]
[td][url=https://stipend.me/][font=arial black][size=3px]
[size=32px][color=#db001c]STIPEND [/td]
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[td][center][url=https://stipend.me/][font=arial black][color=#db001c][b] THE FREELANCER'S CURRENCY ║ POS / MASTERNODES [/b][/color][/font][/url][/center]
[color=#2F2E2D]▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬[/color]
[center][size=11pt][font=arial][url=https://bitcointalk.org/index.php?topic=4694590][color=#db001c][b] ANN Thread [/b][/url] ✦ [url=https://github.com/Stipend-Developer/stipend-whitepaper/blob/master/Stipend%20-%20Whitepaper.pdf][color=#db001c][b] Whitepaper [/b][/url] ✦ [url=https://discord.gg/5JJgTwd][color=#db001c][b] Discord [/b][/url] ✦ [url=https://twitter.com/StipendOff][color=#db001c][b] Twitter [/b][/url] ✦ [url=https://medium.com/@StipendOff][color=#db001c][b] Medium [/b][/color][/url][/font][/center][/td]
[td][/td]
[td][size=8pt][color=#2F2E2D]▌
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[td][size=26pt][url=https://platform.stipend.me/][color=#db001c][b]Alpha[/b][/color][/url][/td][/tr][/table]
Stipend - Content Campaign
How to Apply
Fill out the Google Form Here - https://[Suspicious link removed]/forms/rpwWnQh8nYEx2ali2
Check your Participation Here - https://[Suspicious link removed]/rrNhfs
We've decided to also set aside 10,000 SPD to reward quality content relevant to Stipend. The site that the quality content is posted does matter, so long as it applicable to the currency and paints us in a positive light. The reward paid is up to the discretion of the development team. Good content will obviously be paid more, while we may decide not to reward a low-effort post at all.
Stipend - Translations
Stipend - Discord Giveaways!
We've decided to officially announce new weekly Discord giveaways and competitions. There will be three different categories.
1. Questionaires / Responses / Typical Giveaways (300 SPD). These will be hosted randomly in the new #giveaways channel that has been created.
2. A new XP system powered by the "mee6" bot (300 SPD). The commands are: !levels (Leaderboard), !rank (Current Rank). The more you talk/interact on our Discord channel, the higher your level will be. Each week we will evaluate the XP/level of members and pay rewards to the top five individuals with the highest level. We have implemented measures to stop flooding/spam and other issues to insure fairness, and every week everyone's level resets.
Note: mee6 will only respond in #stipend-general , discussion off topic, the misc chats, and international, but will still keep track unless you post in bot queries, staking services, mn services, giveaways, will not count for xp. The breakdown of rewards is as follows: 125 SPD / 75 SPD / 50 SPD / 25 SPD / 25 SPD
3. Inviting individuals to our Discord (100 SPD). This will be powered by the "ReferralRanks" bot. The commands are: !invites (Current Number of Invites), !leaderboard (Leaderboard). Every week we will take the time to evaluate the invitations and referrals sent out and reward one random member in the top 50 (not the core team) with the greatest number of legitimate members invited.
Best of luck to all that participate!
Stipend - Conclusion
This ANN helps to outline the Stipend network and associated crypto-currency, as well as our vision of a next-generation freelancing platform that leverages the unique, powerful features of blockchain technology. We wish to create an expansive environment beneficial to both freelancers and employers through low fees, near-instant payments, and a unique reward scheme that explicitly incentivizes the highest performers--all without the exorbitant fees and hidden costs of the existing alternatives.
Your coin may be free of listing on Aiodex if the number of votes is large enough.
Please, Don't hesitate to let us know if you have any questions.
