New Delhi, Delhi May 23, 2022 (Issuewire.com) - BBT Square is a freelancing platform where all the data is stored on BSC smart chain. Blockchain ensures that the data is always secure and can't be tampered with, and added benefit of faster pay with fees as low as 2-3% of the value of the project.
Need for BBTSquare:
The most common issue with centralized freelancing platforms such as Fiverr.com is payments which could take several weeks before they get credited and the high commission that platforms charge on your earnings. Commission fees can be as high as 20% to 30%.
So, while considering an alternative to these existing freelancing platforms, most common questions that come across the minds of freelancers are:
- Is there a good alternative to freelancer, fiverr and upwork with lower fees and faster payment release?
- Can blockchain solve issues of high fees and payment delays on fiverr, freelancer and Upwork?
This is where $BBTSquare steps in to provide a freelancing platform built on blockchain to enable freelancers out there to earn without having to pay heavy commissions or waiting for weeks to receive payments.
BBT SQUARE - FREELANCING ON DeFi:
BBT Square is an open source freelancing platform where all the data is stored on BSC smart chain. Blockchain ensures that the data is always secure and cannot be tampered along with the benefits of fast payments with fees as low as 2-3% of the value of the project. Now that is a saving of 17-18% when compared to centralized freelancing platforms.
The project value is to be paid in Binance Coin (BNB) or BUSD, a stable coin on the BSC Smart chain. BBTSquare will charge a nominal fee of 3% on projects valued above $5000 BUSD and 2% on projects valued below $5000. This fee will go towards the maintenance and development of the BBTSquare.
In order to promote its native token $BBT, BBTSquare will also have an option to pay in $BBT tokens at 20% discount for the clients. For example, if a client posts a project valued at $5000 in $BBT tokens, s/he only has to pay $BBT tokens worth $4000 for that project, while the freelancer that opts for the project gets $BBT tokens worth $5000 after a small deduction of 3% as fee. The idea is to promote $BBT tokens and make it useful for the community.
BBTSquare will have an integrated secure escrow payment service to bind the parties to their promises and quick dispute resolution using blockchain.
Status of Development:
BBTSquare is in the testnet phase of its development and a lot of features are still being added to it. Features like a conversation box for both the parties, dispute resolution via a chatbot, option to upload proof of work for freelancers. The development can be tracked on https://bbtsquare.boobytrap.live
$BBT Token Overview
Total Supply: 911,911,911
Total Burnt: 3%
Circulating Supply: 881,909,495
Taxes: 7% on Buy & 10% on Sell
Interested users can check out BBT at coinmarketcap.com and be a part of this revolutionary project!
Upcoming milestone:
$BBT is getting listed on INDOEX on 1st of June 2022. Check their twitter announcement.
Booby Trap's Official Channels:
BBTSquare: https://bbtsquare.boobytrap.live
Twitter: @BoobyTrapBsc
Telegram: https://t.me/boobytrapbsc
Source :BoobyTrap ($BBT) BSC TOKEN
This article was originally published by IssueWire. Read the original article here.
