WorkQuest is a global end-to-end jobs marketplace powered by Blockchain / DeFi

Work Quest is building a global job marketplace for any type of work using cryptocurrency.

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About WorkQuest

WorkQuest is an online Marketplace and decentralized Payment Provider connecting employers with employees anywhere in the world powered by Smart Contracts governed by DAO. WorkQuest will have Mobile Applications making available working anywhere and use its own Work Net Blockchain and Wallet.

The platform incentivizes employers and employees to deal honestly and prudently using its Rating System with all the feedback is stored in a blockchain. As platforms act as a facilitator of transactions between employer and the employee, different DeFi products available for platform participants, such as Liquidity Mining, Lending & Borrowing, Savings, Staking, Retirement program and P2P Insurance.

DeFi Aspects of the WorkQuest Platform

WorkQuest is an innovative job search solution aimed at creating a fair and open labor market by integrating various DeFi components into the platform.

WQT liquidity mining programs

Supply your tokens to liquidity pools (both BNB and ETH) and earn rewards based on your share of total pool liquidity.

WorkQuest cross-chain bridge

Easily transfer tokens, assets, and other types of data from ETH and BNB chains to WorkNet — and vice versa.

WQT and WUSD staking programs

Earn rewards by simply holding the platform’s native tokens.

What tokens does the stage utilize?

Essentially, WorkQuest has a two-tokens framework. It comprises of WQT and WUSD. WQT is utilized for the board of Work Quest DAO and fills in as Collateral for WUSD. It is likewise utilized for reference programs and accessible for liquidity mining. WUSD is an algorithmic stablecoin, which is given when the brilliant agreement between the business and the worker is made.

Work Quest Blockchain has Work USD (WUSD) as its cryptographic money on the Work Net organization. This money is likewise used to work out the compensation between a business and worker while closing a savvy contract. Accordingly, it will work with installment for a wide range of exchanges on the stage.

Retirement Savings Program

We offer our clients a Retirement Savings Program. You can involve WUSD for that. Additionally we save your pay, however add yearly interest with the goal that your capital could develop. Work Quest stage doesn’t just offer specialists to track down another undertaking or an everyday work, yet additionally it proposes making a consistent retirement investment funds plan.

As we are a decentralized stage with a public blockchain, it is a lot more secure than conventional money management strategies for retirement. Fundamentally, laborers get a new line of work, complete it and afterward have a decision:

- set a few amount of cash and placed it into an investment funds wallet

- set a rate that will be consequently contributed each time with the assistance of Smart Contracts

In the two cases, clients get fair exchanges, and furthermore they get benefit as yearly development interest. We realize that retirement investment funds are huge for everybody now, and we need to ensure our framework is totally protected and accommodating for its clients.

How WorkQuest Solves the Problems Existing in the Labor Market

WorkQuest is here to create an open and efficient labor market of the future!

Smart matching — search uses data points to propose cost-effective executors and jobs

Trustless escrow — no intermediaries, employer-worker agreements run on smart-contracts

Distributed data storage & encryption — your data is encrypted but stored in public blockchain

Deposit & Withdrawal of $WQT is Available on BSC Network

Hello, WorkQuest community! Most of you already know that the deposit and withdrawal of $WQT is available on the Ethereum network (ERC20). But now our technical abilities have grown🚀

📢We are pleased to announce that from now you can deposit and withdraw $WQT on Binance Smart Chain network.

It will give you a larger choice of networks for transactions and an ability to deposit and withdraw $WQT on MEXC Global exchange with minimal fees.

Stay tuned, more updates are coming!

Trade $WQT on MEXC Global:

https://www.mexc.com/exchange/WQT_USDT

The WorkQuest Roadmap

The WorkQuest roadmap is a key aspect of our project. In order to achieve our ultimate goal of decentralization, we first need to build a secure and fully functional platform. The next step is to open our website to the masses, so that employers and employees from all over the globe can take advantage of the WorkQuest platform. The final phase of the project is to create an open-source codebase for WorkQuest, so that anyone can create their own decentralized job market.

Workquest is a decentralized job market that is based on the blockchain technology. It's a platform that will revolutionize the way people find job opportunities and gain work experience. Imagine that all competitors are working together to create the best experience for their users, which is unlike any other job market in the world. Workquest has a vision of making a decentralized job market that is based on an innovative blockchain technology. We will try to give our users an opportunity to earn while they learn and gain work experience by combining the best from blockchain technology and the best from the job market.

Team

Conclusion

Work Quest depends on the blockchain with the vital motivation behind empowering people to look for a job and permit representatives to distinguish the right possibility to fill work opportunities. Accordingly, it capacities by facilitating the correspondence among managers and workers. To guarantee the stage’s usefulness and the fruitful activity of the association, the association works under a computerized stage with the necessary arrangement of rules. Above is a superior comprehension of the Work Quest DAO and the stage’s tokens that empower clients to go with the ideal choices while dealing with the stage.