freelancer-coin-ico-review
Company: FreelancerCoin
Industry: Social Network
Website: https://www.freelancercoin.io/
Whitepaper https://www.freelancercoin.io/assets/FREELANCERCOIN.pdf
Headquarters: Poland
Token: LAN
Platform: Ethereum
ICO Timeframe: 12/29/17 – 03/31/18 (PreSale & ICO)
Token Supply: 80,000,000 LAN (80% Crowdsale)
 Score:  48/100

 

FreelancerCoin is an online freelancing platform that is built entirely on Ethereum and provides an innovative approach for freelancers and clients to safely and securely work together.  Naturally, it allows for standard features that have been used in existing platforms, such as the posting of potential jobs by clients for freelancers to apply to, and the ability to set up smart contracts by which payments are made through their LAN token.  FreelancerCoin aims to improve the security and trust of the client – freelancer relationship through various mechanisms that will provide both parties with a fair and equal say in the end outcome of their contract.  FreelancerCoin will also offer clients the opportunity to allow FreelancerCoin staff members to manage their projects for them, making the outsourcing process far easier and less time – consuming.  For freelancers who wish to seek out prospective clients, the platform’s deep – learning AI system will recommend a ‘price’ to charge for the project.  While this option is not mandatory, it allows beginners to migrate towards charging fees which will allow them to get both consistent and profitable work.

 

PROS:  ICO has already gained some traction and is >25% to minimum cap, partnership with Google Hamburg for digital marketing strategy, acceptance of over 20 cryptocurrencies for purchase of LAN.

 

CONS:  Significant discount offered after announcement of Google Partnership may increase likelihood of “pump & dump” trading in the near term, offering of discount post positive news release may indicate Freelancer is beginning to question their ability to raise funds needed to successfully deliver the project, young management team that has openings in key positions (ie blockchain programming).

 

SCORE:  48/100