Web3 Coin DLANCE Emerges as a Promising New Crypto Project: Can it Outperform Upwork and Fiverr?
An innovative new web3 project called DeeLance ($DLANCE) has emerged as of the crypto industry’s most promising upstart projects in 2023.
DeeLance is building a crypto and NFT-powered metaverse that, in an industry first, puts the jobs market on the blockchain.
The project is building a metaverse to unite freelancers and employers and promises to overhaul remote working forever, as well as the $761 billion-dollar recruitment sector.
Using the decentralization and transparency of the blockchain, DeeLance wants to remove overly powerful middlemen like Fiverr and Upwork that have been abusing freelance workers and employers alike for the last decade.
DeeLance is already generating huge hype in web3 circles and some observers think could upend the still very web2 platform-centric freelance/gig work economy.
What is DeeLance?
DeeLance’s metaverse can be thought of as a blockchain-powered, work-focused digital space that is designed to empower both freelancers and employers with lower fees than existing major web2 freelance websites.
At the core of DeeLance’s approach is the tokenization of freelance work products into NFTs, which facilitates the secure and reliable transfer of work ownership.
This directly addresses long-standing challenges in the digital freelancing space, such as copyright infringement and payment fraud, and provides an unprecedented level of security and peace of mind to all stakeholders.
Meanwhile, unlike many existing freelance platforms, which can be difficult to sign up to and take a large cut of a freelancer’s earnings, DeeLance is highly accessible and features exceedingly low fees.
To sign up for DeeLance, there are no browser plugins, third-party apps, or even credit card details required.
Payments are fast and done with crypto and, thanks to the blockchain, everything is transparent and secure, payments secured via an escrow system and smart contracts.
“DeeLance Metaverse is all about Socialize, Work and Earn,” DeeLance’s Community Head Alekh and Community Manager Ivan said in a recent interview with ICO Speaks.
“In DeeLance Metaverse we want to build a community where users can have customizable avatars with 300+ options, socialize with others, make genuine connections, get exclusive access to Metaverse VIP Experience, buy commercial land or office space, lease office space, do Billboard advertisements for brand awareness, and gain access to unique tools & services with $DLANCE token”.
DeeLance will also feature a generalized NFT marketplace for popular existing digital assets such as art, photography, trading cards, tickets and music.
Can DeeLance Outperform Upwork and Fiverr?
Built with the decentralized ethos of web3 in mind, DeeLance could easily outperform major existing web2 competitors like Upwork and Fiverr.
For starters, the platform is set to feature much lower fees; a 2% client fee and a 10% Freelancer fee.
That compares to Upwork and Fiverr 20% fee on freelancers and 3.5% and 20% fee for clients.
Meanwhile, payouts are instant in the DeeLance metaverse given that they occur directly on the blockchain and don’t carry any additional fees.
Upwork and Fiverr both feature 5% withdrawal fees and minimum payouts of $100.
DeeLance then offers a tonne of further benefits versus its web2 peers, thanks to the fact that platform is blockchain-powered.
Tokenization of freelance work products ensures the seamless transfer of work ownership.
DeeLance also features an efficient escrow system to ensure secure payments and a scalable dispute system.
All the while, DeeLance’s metaverse offers a virtual office space within which freelancers and clients can socialize, work and earn.
Get in on DeeLance’s Presale Now
In an strong sign of the huge potential the platform has, DeeLance’s presale of its native $DLANCE crypto token has been absolutely flying.
The project has now raised a whopping more than $1.27 million via its public presale, despite fundraising efforts only having been launched a few weeks ago.
And institutional investors are also taking note of the high-potential project.
Top venture capital (VC) investment firm Bitgert Ventures recently announced a $1.12 million investment into DeeLance, to help fund the development of its blockchain-powered metaverse.
The firm’s investment in DeeLance is a strong endorsement of the project that might open the door to further intuitional funding.
Retail investors can currently secure $DLANCE tokens for $0.038 each, with the presale currently in its fourth stage.
And there is no time to lose for investors that still want to get in early on the DeeLance project, which crypto experts have hailed as one of the most promising crypto start-ups of 2023.
That’s because when the presale hits $1.7 million, the $DLANCE price will rise 13% to $0.043.
Meanwhile, there are only four presale stages left, with fundraising efforts to halt once $DLANCE sales hit a total of $6.8 million.
$DLANCE will then list across major cryptocurrency exchanges for $0.057 later this year, meaning investors who get in now could be sat on paper gains of 50%.
Adding to the excitement is a massive $500K $DLANCE token giveaway competition that DeeLance is conducting.
The top five wallets that buy the most $DLANCE between now and the end of presale stage four will be rewarded with a share of $500K worth of $DLANCE tokens.
$DLANCE can be bought using ETH, BNB and USDT (the ERC-20 and BEP-20 variants).