That at least, is the vision of CanYa, nowadays launching their ICO. The company aims to change the way the world ’ s $ 2 trillion “ gig economy ” gets hired and paid .
The Aussie founders behind CanYa began their entrepreneurial travel in 2015 .
now the founders want to scale the platform internationally as an “ external decentralized meritocracy ” for services that are run wholly by those who use the chopine.
What Can CanYa Do?
CanYa is a platform that provides a feature-rich environment made up of ripen io and Android apps, to find, book, pay and revue service providers. It is an australian labor market tested services matchmaker and payer, in early words, that presently pays in cryptocurrency but is backed by the local anesthetic decree currentness .
thus far the platform has worked well. From that recess test in a small australian commercialize, they garnered 7,600 users and 3,400 job postings. They have besides processed over 1,000 jobs, with less than 1 % requiring escalation to close .
How Does CanYa Work?
A customer who wants to hire a provider will put the service fee in a separate escrow bill controlled by a ache contract. once a provider ( who will besides be found through the platform ) has agreed to the caper and performed it successfully, the cryptocurrency payment is released to the supplier ’ sulfur client .
The platform charges a 1 % transaction fee for every payment made ( from the supplier ’ sulfur explanation ) .
What Is The Purpose of The ICO?
The ICO is to fund the platform ’ sulfur conversion into a smart compress and cryptocurrency based system. To do that, the founders have created the CanYaCoin ( CAN ) which will office the platform ’ s requital system. This system will be based on a hedged escrow service and create a bridge between decree and cryptocurrencies. There is besides a rewards program built into the system to reward frequent users and user-to-user arbitration .
The ICO hopes to raise 29,333 ETH by offering 34,000,000 CanYaCoins for a populace sale. The funds will be used to integrate the cryptocurrency layer, extend features and launching globally. There will besides be a share set aside to fund the hedge escrow account .
The party has already raised $ 1.5 million in a pre-sale ICO of 13.2 million CanYa tokens, which sold out in precisely 24 hours .
Benefits of CanYa
There are several obvious benefits of using a platform where service providers and buyers can not only find each early but pay each other in the same currentness. This is true of both local services that are performed in the very earth – and those that take locate entirely in the digital economy. For example, CanYa would enable a drug user to pay for both a housecleaner and the designer of their web site based in another area, and all with the same currency. The four benefits offered to all users are:
- Load the CanYa wallet with not only CanYaCoin but a range of other cryptocurrencies;
- Connect and pay for services no matter where you are (and for a range of services), all without fees.
- Earn CanYaCoin for your own skills and services. Service providers can send CanYaCoin within the app and exchange it immediately into either bitcoin or ether;
- Free advertising to a global marketplace plus a monthly subscription opportunity for additional features and system status.
Who Will Use CanYa?
According to CanYa ’ s white paper, there are several kinds of users who would immediately benefit from a military service like this .
- People who are freelance and want to be paid in cryptocurrency – for whatever reason. This could include local workers who are uncertain of the future of their own fiat currency. It could also include people who work remotely over several different borders.
- People who want to promote themselves to a global community of freelancers willing to be paid and transact in cyber-currency.
And if it seems that one of the goals of CanYa is to promote the overall habit and acceptance of cryptocurrency, you are right. This is one of the main missions of the CanYa team .
Technical Specs of the ICO
The CAN token is an ERC20 utility token with three clear use-cases which provides a sweetheart and constant demand for the CAN token. Users can pay for real-world services in CanYaCoins. This requital overhaul is backed by the hedged escrow and is trustless, automatize and secure. Service providers can besides promote their profiles each calendar month by purchasing CAN tokens within the platform. last, 20 % of all tokens are reserved to economically incentivize users to use and share the chopine. This includes referral rewards, transaction cash-backs, and welcome bonuses .
As a guard against future rally dumps, CanYa is besides introducing a concept called the ‘ CanYa HODLers Club ’. Those who contribute and keep their original coins will be rewarded extra coins during the inaugural three months, and then per annum into perpetuity .
extra incentives include gifts such as the CanYa branded Ledger Nano S wallet and Founder Series minted CanYaCoins. Some coin holders will besides receive pay invites to annual caller conferences, and get access to quarterly company reports .
CanYa will perform Know Your Customer ( KYC ) confirmation through connecting credit cards and bank accounts .
The CanYa token sale
The CanYa ICO started on the 26th of November 2017 and runs for 30 days or until sold out. The company will issue only 100,000,000, of which 60,000,000 will be for sale. The keepsake put up will besides be entirely in ETH. CanYaCoins will be distributed after the ICO .
34,000,000 CanYaCoins will be sold in the populace sale, which itself will be conducted in two stages – again to incentivize early buyers and users .
26,000,000 CanYaCoins will be sold privately to strategic investors. These investors will besides incur vesting schedules from 3-12 months .
Token name: CAN
Token base: Ethereum ( ERC-20 )
Token supply: 100,000,000
Token sale duration: 26th November, 2017 – 26th December, 2017
Token sale target: 29,333 ETH ( hard cap )
Token exchange rate: 1 ETH = 1000 CAN ( presently at 20 % rebate )
CanYa ’ s Website
CanYa ’ s Whitepaper