Web3 signifies a transformative step forward in internet technology, granting users greater autonomy over their data and establishing digital ownership of various items. This concept features numerous advantages over earlier iterations, with many blockchain initiatives already adopting it in hopes of achieving widespread acceptance. Notably, the freelance industry is poised to contribute meaningfully to this evolution.
The freelance market has shown remarkable growth, escalating from 59 million freelancers in 2020 to 70.4 million in 2022. This figure now accounts for approximately 40% of the total 164.3 million workforce in the United States, and this article will explore how this influx can foster the success of Web3.
Established Freelance Platforms Like Fiverr and Upwork Are Paving the Way for Web3 Gigs
Countless freelancers on mainstream platforms such as Fiverr and Upwork are now offering Web3-centric services. This includes a range of offerings like blockchain development, the creation of Web3 dApps, artificial intelligence solutions, NFT creation, and content tailored for Web3 environments.
While these platforms primarily operate on Web2 technology and are largely centralized, they nevertheless pave the way for advancements in Web3. They serve as a bridge for clients seeking Web3 expertise, enabling service providers to connect and execute projects that align with this innovative framework.
As more professionals utilize these platforms, the general populace will gain increased access to resources that inform them about Web3, enriching their understanding and engagement through various developed projects. A wave of new initiatives and informative articles is already emerging, propelling the journey towards a fully realized Web3.
Uwerx (WERX) Has Potential to Transition the Freelancing Sector to Blockchain
Another platform set to promote the growth of Web3 is Uwerx, which is currently in the developmental stage. This platform aims to integrate the principles of Web3, operating as a blockchain-based alternative to established giants like Fiverr and Upwork.
Uwerx is designed to offer significantly reduced fees, maintaining a straightforward fee structure of just 5% compared to the 20% fees often seen on other platforms. Additional features will include escrow services, collaborative tools for teamwork, robust dispute resolution, protection of intellectual property rights, and crypto incentives for active contributors.
The objective of Uwerx is to attract a substantial number of traditional freelancers to the blockchain environment. It will harness its native cryptocurrency, WERX, to enhance value for users. Currently, WERX is available in presale at a price of $0.005 per token.
What’s more intriguing is that Uwerx has already secured audits from reputable firms like InterFi Network and Solidproof, ensuring the platform’s security and reliability. Additionally, the team plans to lock liquidity for 25 years and will relinquish ownership of the smart contract when taxes drop to zero, thereby mitigating the risk of a rug pull.
Assessing Uwerx (WERX) Against Fetch.ai (FET) in the Web3 Arena
Fetch.ai (FET) is an innovative blockchain initiative that is leveraging the potential of Web3 to drive its adoption. This project introduces an exciting concept of integrating smart contracts into various service provisions spanning individuals, governmental bodies, and corporations.
The Fetch.ai (FET) framework is poised to bring transformative changes to numerous traditional sectors. It provides an economy that encompasses both service providers and consumers, promoting the establishment of a decentralized digital economy powered by artificial intelligence.
Central to this project is its Fetch.ai (FET) token, a versatile digital asset that rewards node operators and enables all operational transactions within the network. The FET token also serves as the primary currency for transactions within the Fetch.ai network.
Although both Fetch.ai (FET) and Uwerx aim to instigate groundbreaking changes in their respective fields using Web3, their native tokens will also enhance the overall value of their platforms. Predictions suggest that Fetch.ai (FET) could trade between $0.4 and $0.6 in 2023, while WERX has the potential to reach $1 by the end of Q4 2023.
While both projects are entrenched in the Web3 ecosystem, Uwerx is focused on engaging a pre-existing community of tech-savvy users and is set to offer compelling features to entice them onto the blockchain, thereby amplifying the success of Web3.
The consensus is that the Uwerx initiative is poised for remarkable success upon its launch. Consider becoming part of an enthusiastic community through the ongoing developments.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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