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Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

about.cryptotask.org

51–60 of 117 posts

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#51
post #49
post #9

This looks really cool. Congrats on the launch! I've always wondered how blockchain companies consider branding around their tech vs their outcomes. Like there are a ton of great outcomes here for using blockchain tech, but I find "crpyto" products intimidating to use, even as a techy.

I see where you are coming from. Eventually, CryptoTask will be seen as a regular freelance platform with low fees and accent on security for onsite deals. Technology, which does scare away potential clients, provides that. In case of a dispute, you won't spend days / weeks resolving the issue, it'll be automated and the outcome will be decided by real users.

> it'll be automated and the outcome will be decided by real users

I don't understand how both these things can hold. Unless the "real users" are automated?

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#52
post #39

Earlier quoted context omitted.

Ooof, didn't know you were running on AEternity. That in itself would be a no for me. I would definitely love to participate if there was a decision to move to ETH when Optimism is released.

Why? The blockchain technologically, the UI difficulty of another chain, or the currency?

Because of all innovation is happening on Ethereum, so yes I don't want to deal with the UX difficulty of using another chain. Also I wouldn't want to invest (both time and $) into a project on a 2nd rate platform. Not to mention it doesn't reflect well on the project to not consider the network effect nor the planned L2 solutions that are here to address scalability. I highly recommend looking into Optimism. I'm not sure what the difference of AE and ETH EVM is (forked?), but I know that if you have a project in Solidity then you can launch on Optimism with little to no changes (just use their compiler).

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#53
post #19

> 0% fee > Uniswap pair With current gas prices, this unfortunately seems like a contradiction.

Blockchain fees are always there. However, there are solutions - such as NEAR (near.org) who reduce them. They claim to have "10K x lower cost per transaction than Ethereum" Regular client wouldn't feel those.

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#54
post #28

Earlier quoted context omitted.

I still don't get how the platform would take only 3% but I only get 70% of the value.

They're value-added features: * You get 100% by default * To get escrow services, you pay 3% of that * If you want someone to find jobs for you, you pay 30% to them

I think this explanation makes more sense. The other explanation, although mathematically equivalent, sounds weird.

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#55
post #24
post #16

For me as a freelancer the fundamental question was always: "how much money will be in my bank account when I take this job". Yes there is risk of non payment and hidden fees that I don't anticipate but the main driver was the rate of the gig. I was not able to find that information on the platform looking at the jobs tab. Most of the value was "negotiable". But leaving that aside, it seems that "value" is not what w…

Do you get most work through marketplaces like this or via people you wish have a connection with? I'm really interested in knowing if you could make a "good" living on these marketplaces if you want to sustain a middle class lifestyle as an adult with kids in Canada or the US (let's leave it the most expensive real estate regions). I briefly reviewed this space several years ago and didn't think it would pay enough…

I am a full-time freelancer (cloud arc not dev). I started cold turkey last April when my firm lost tons of gigs. I started on market places and through that built relationships with other firms that didn't have a cloud architect and they have come back to me with additional work. I have also landed gigs through contacts. Once I got the ball moving it has been mostly non-stop. The taxes and insurance aren't as bad as you might think. The back end work of invoices, taxes, expenses, contracts, so on can all be managed in one app so it isn't a nightmare. It's nice to be able to spot concerning projects and turn them down as opposed to being forced into a project you know is going to be a nightmare. I bill @ 110/hr with no problem. It has also let me spend time giving away my services to some non-profits and startups. I don't think it's right for everyone but I enjoy it.

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#56
post #50

I was expecting the whitepaper to explain how the technology works, but it seems to just be a business plan with very little detail on what the system actually does.

Thank you for the feedback! We'll be updating onsite content ASAP.

Here's a post containing two medium posts and additional explanation on backbone of the platform. https://news.ycombinator.com/item?id=26480748

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#57
post #14
post #5

Hey, great job on the landing page, it looks good! Two questions: - How are you coping with expensive gas on main net right now? - Do you have a document describing how your token works on a technical level. Like a spec or so. Thanks and good luck!

There are a couple of medium posts describing technical background of the platform and token itself such as: https://cryptotask.medium.com/cryptotask-combines-defr-and-d... https://cryptotask.medium.com/technical-background-of-crypto... We are running on AEternity blockchain ( https://aeternity.com/ ), making gas fees sufficiently low. There have been 19.5k transactions https://www.aeknow.org/contract/detail/ct_X3szY…

No Ethereum network- no go for me as well.

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#58
post #16

For me as a freelancer the fundamental question was always: "how much money will be in my bank account when I take this job". Yes there is risk of non payment and hidden fees that I don't anticipate but the main driver was the rate of the gig. I was not able to find that information on the platform looking at the jobs tab. Most of the value was "negotiable". But leaving that aside, it seems that "value" is not what w…

I went to the site to look for cryptography related jobs. The shady postings without payment information, qualifications, or any other real information all made sense when I saw that the "crypto" was for cryptocurrencies.

One post wanted someone to create a coin in a month, but the rate was "negotiable". Hucksters (the posters).

Re: Show HN: CryptoTask – a 0% fee freelance platform powered by blockchain

#60
post #48
post #45

Earlier quoted context omitted.

A stablecoin isn’t different from other crypto assets from a tax point of view (at least in the US and Germany).

I don't think any of it has really been tested, but because two of the Howey test's four provisions are "with an expectation of profit" and "on the work of others" and don't seem to fit something intended to not create a profit it seems like there will be a significant difference in eventual treatment.

Whether the crypto you receive in compensation is considered a security or not will not matter from an income tax perspective in the US. If you were paid in stock, you would owe taxes on the compensation at the price of the stock at the time you received it. You might also be subject to capital gains tax if you sell the asset (stock or security-crypto) if you sell it with a cost basis calculated at the time you received it.

IOW, if you got paid say 10 ETH, priced at $1800/ETH, you would owe income tax for $18,000 that year. It does not matter if you sell the ETH or not. It does not matter if ETH is considered a security or not. You pay taxes on the value of compensation whether the compensation is in USD, stock, ETH or chickens. If you subsequently sold the ETH for $2000/ETH, you would then owe capital gains taxes on 10 * (2000 - 1800) = $2000 of capital gains. Possibly short term, possibly long term depending on when you sell it.

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