#1 Coins4Favors- Disrupting the global service industry: Pre-ICO

Posted by Michael V.
13
Feb 21, 2018
34 Views
Disrupting the Global Service Industry with the #1 blockchain driven platform for mini-jobs & favors Ever needed a small favor somewhere remote and wished you knew someone there ? Ever needed something from a remote place and wished you knew someone who could bring it for you? Our world has become a global and a digital one at the same time. Coins4Favors are used to ordering goods and services online via smartphone, tablet or computers for almost anything and in almost any situation. Uber, Airbnb, Amazon and Alibaba have made it easy to order goods and services and revolutionized the industry, changing the way we do shopping and service ordering. However, not everything is available via these platforms yet. Especially smaller jobs and favors which do not cost a lot of money and don’t allow a middle man concept due to lack of standardization and low acceptable overhead costs are not readily available via internet platforms. Coins4Favors http://www.ibourl.net/Coins4Favors is leveraging the peer-to-peer concept of Uber where everyone can be a user and a provider at the same time to the field of small favors and mini-jobs. Coins4Favors allow compensation with FavorCoins, the own ERC20 based token that runs on the ethereum blockchain. The advantage is clear, everyone can accept these Coins as compensation without a need to have a bank account or be able to charge credit cards, etc. Compensation works across countries and currencies and almost in real time. The escrow function which the Coins4Favors smart contracts include also address another key issue for the peer-to-peer market. Imagine you want someone to reserve a parking lot for you in the city at a certain date and time. While the payment itself could be done upon arrival in cash, the provider (maybe a young student) has no way to be sure that you will arrive and actually pay. The Coins4Favors App allows to post favor requests, find possible providers in the are where the favor is needed via GPS location aware filters and help with communication and negotiation during the pre-deal phase.
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