Telos Launches Gig Work Platform With Crypto Payments

Blockchain platform Telos has launched a gig-economy platform built on the Telos blockchain.

Telos is a high-capacity network and the second most active blockchain platform in the world according to Blocktivity. Telos features a robust, third-generation blockchain governance system including advanced voting features and smart contracts that can be fully configured to meet the needs of any developer. Telos also supports the blockchain ecosystem by serving as an incubator and accelerator for decentralized applications.

The new gig-economy platform, called Telos Task, is a peer-to-peer platform created by the MydAppr team. The platform allows those who need tasks completed (Task Givers) to connect with gig workers (Task Takers) from anywhere in the world. The Telos Task platform allows for the completion of big and small tasks (micro-gigs and macro-gigs), ranging from social media engagements and writing assignments to longer-term content creation, development, graphic design, video production, and more.

“Telos Task embodies the best developments in the ‘Dapp 2.0’ blockchain experience where a seamless and intuitive user experience allows anyone to interact with the platform in a transparent and effortless manner, without needing to think about private keys, weird account names or any of the other mass adoption bottlenecks of the first flush of Dapps,” said Douglas Horn, Chief Architect of the Telos Blockchain. “This is the real power of high-capacity blockchain. Now anyone can instantly create a free Telos account with an easy to remember name and log into it with no more hassle than logging into Twitter. It’s a mass adoption-ready platform that’s desperately needed right now as people try to figure out reliable new ways to earn income and perform business tasks in the post-COVID world.”

According to Telos, the platform uses smart contracts to ensure tasks are completed before payment is rendered from funds escrowed in the platform. When a task is completed, freelancers are compensated within 7 days, with chargeback protection. Future developments will allow the system to leverage the Telos Decide governance engine to put the user community in charge of the project direction and trajectory.

Telos Task is one of several projects on Telos emerging from African nations. Other Telos-based projects originated in Africa include Sesacash payments platform from Nigeria and Ghana, the eZAR South African Rand Stablecoin, Blaqmarket’s ecommerce site, the TeloKanda weather balloon project, and Telos4Africa technology education and charitable service organization.

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