Welcome to my review about the Crafty. If you have been looking for information about Crafty, you are at the right place.
Keep reading to understand more about a platform that is bound to decentralize data sharing in the world.
Before I start…
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Crafty-The First Autonomous Worker Free Network
The primary reason for the majority of the wealth (including surplus energy expenditure and higher transaction expenses) being wasted happens to be information symmetry. Crafty was introduced in the market to handle all these issues, and it turned out to be the best equipment for transforming workers into skilled professionals. This tool is fully informed as well as integrated apart from being turned into the present market enabling the contractors to be aware of the best options when it comes to employing qualified and competent individuals.
While confidence is provided by the social network, blockchain is responsible for providing transparency, and the probability of better choices for the involved parties is amplified by improved intelligence. Crafty happens to be a platform which helps to connect the different specialties service providers along with their services. In the process, no intermediation fee is being charged whatsoever.
Advantages Associated with Crafty
There are certain advantages when it comes to Crafty, some of which are mentioned below:
- Functions in a market which, in Brazil (here we are not mentioning any worldwide number), is evaluated officially to be in excess of BRL 200 billion formally and at least 2 times that amount informally (which implies approximately USD 200 billion).
- It helps to reorganize the present market so as to minimize its flaws, particularly when it comes to intermediation and increasing the prospective salary of the service provider, whilst allowing the service cost to reduce.
- Aids in democratizing access to the market by minimizing the irregularity of information from the expansion of the reputation value like “collective currency”.
- It is 100% free.
- The network nodes (users) are provided incentives allowing the resulting tokens to be properly circulated.
- Scalability because of decentralization.
- The perspective of the global application. CFTY (Crafties) are actually tokens with some utilities within the system.
Concerns Associated with Crafty
One of the main concerns to lay the groundwork for the model’s success happened to be the adoption of these types of utilities. CFTY is going to be employed as an Exchange value as a fundamental unit of exchange in the Crafty marketplace. The platform will be for :
- Encouraging Engagement (spicing up the user experience for promoting engagement); Currency (a surefire payment process with reduced transaction expenses);
- Earnings (allowing an equal distribution of additional values of the ecosystem along with the sharing of the advantages).
The exclusive business model of Crafty had the patent needed in the United States and establishes the manner in which the connection options are analyzed by the system for developing a particular job and organizing them as well.
Crafty happens to be the first platform which was intended for the autonomous workers. In fact, it is functioning already in the MVP version known as Diarissima, and is going to stay restricted to only Brazil at this particular point. It was shown by a recent study that with approximately 62% of the certified workers, it is a segment that can boast of a greater familiarity with the current economy.
Revenues Associated with Crafty
As a matter of fact, the increment in revenue is going to be approximately BRL 406 billion or BRL 86.4 thousand on the average for every single worker. In case we take into consideration the financially insolvent social stratum, this amount is nevertheless extremely important, and, consequently, there is not much interest for saving which results in the increment of the coin’s circulation speed. Centralized thoughts are not effective. All the operations are decentralized by Crafty resulting in the promotion of the authorization of the parties, however, it also lowers the operating expenses of the structure given that there is hardly any control on transactions which take place under the platform in spite of being certified. The reason for this is that the operation’s back-office is going to be extremely restricted, limiting itself to any problems or doubts in the usage of the application.
The confidence amongst the parties is the most important thing at Crafty, and it is reinforced by enhanced reputation following every single engagement. Consequently, the users enjoy access to the trustworthy network of contracting as well as providing adept services. The platform can be accessed and used by the involved parties for absolutely free, and this will enable them to find out any opportunity for providing and contracting services from a reliable database.
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