The Internet of Jobs by Work X

Published on: 11.12.2024
The Internet of Jobs by Work X

Introduction

Work X is pioneering a decentralized platform economy to revolutionize how work is structured, compensated, and accessed. This innovative ecosystem, dubbed ‘The Internet of Jobs’, addresses the growing gig economy by offering a flexible, efficient, and economically optimal platform for connecting workers and employers.

Work X is leveraging Self-Sovereign Identity and personal NFTs that you can earn and utilize on the Internet of Jobs to demonstrate that you are the ideal candidate for any position! As the exclusive owner of this data, you have complete control over who you choose to share it with.

The Work X Core Objectives

1. Optimize Work Arrangements

  • Facilitate short-term, task-based, or flexible work opportunities.
  • Enable independent contractors to connect with employers efficiently.

2. Minimize Commissions, Maximize Salaries

  • Create an economically efficient system where unnecessary costs are reduced, and workers’ earnings are optimized.

3. Match Supply and Demand

  • Utilize groundbreaking technology on the Work X Platform to ensure a seamless connection between work opportunities and skilled workers.

The Work X Platform

The Work X Platform is the cornerstone of this ecosystem, providing advanced tools and services for workers and employers.

Key features include:

  • Token Integration
    The platform operates using the native token, $WORK, which users need to access its functionalities.
  • Decentralized Operations
    Work X ensures fairness and transparency by eliminating intermediaries and enabling direct worker-employer interactions.

Ecosystem Design: A Highway for Work

The Work X ecosystem is likened to a highly efficient highway, built to facilitate smooth and fast interactions in the gig economy.

Here’s how the analogy plays out:

  1. The Highway Itself
    Represents the core Work X Platform, designed to be fast, accessible, and commission-free.
  2. Services Along the Highway
    ✨ Supporting services are strategically placed to enhance the user experience, making it easier to find opportunities, complete tasks, and earn rewards.
    ✨ Examples include job-matching algorithms, performance analytics, and training resources.

How to Get Started

  • Acquire $WORK Tokens
    These tokens grant access to the Work X Platform and its features.
  • Join the Work X Platform
    Create a profile as a worker or employer and specify your needs.
  • Engage in the Ecosystem
    Utilize available tools to connect, collaborate, and succeed in the decentralized gig economy.

Why Choose Work X?

  1. Efficiency: Minimal costs, maximized salaries.
  2. Flexibility: Supports various contract types and task-based work.
  3. Innovation: Cutting-edge technology for seamless matching of supply and demand.
  4. Decentralization: Ensures a fair, transparent, and commission-free work environment.

By leveraging its tokenized platform and ecosystem, Work X is transforming the gig economy into an inclusive and economically beneficial system for all participants.

Work X Matches Candidates with Top Performers

Finding the right talent is crucial for any company’s success, but traditional hiring methods often fall short. Work X, a revolutionary new platform, tackles this challenge by leveraging technology to match candidates with the qualities of top performers.

Work X’s innovative approach starts by analyzing the traits of high-performing employees within a company. Through customized quizzes, the platform identifies the skills, characteristics, and attributes that contribute to success in specific roles. This data is then used to create a profile of what “success” looks like for each position, ensuring that new hires align with proven, high-performing qualities.

When companies search for talent, Work X utilizes this data to recommend candidates who possess the skills and attributes that match their top performers. This goes beyond simply matching resumes, focusing on real skills and characteristics to find the best fit for the job.

The benefits extend beyond finding the right people. By matching candidates to roles where they are most likely to thrive, Work X helps companies increase retention and performance, leading to better teams, higher productivity, and faster growth.

Work X is redefining the hiring process, moving away from traditional methods, and embracing a data-driven approach prioritizing proven success over credentials. This innovative platform is poised to revolutionize how companies find and retain top talent.

TGE Ventures have acquired Work X

Work X has been acquired by TGE Ventures, an organization dedicated to empowering and investing in innovations within the web3 and blockchain space.

WORK X HAS BEEN ACQUIRED BY TGE VENTURES

After eight years of development, the moment has arrived to elevate Work X to the next stage and transition into a crucial organizational phase. Together with TGE Ventures, Work X is confident in creating the ideal team to manage both the token and business ecosystem.

Work X CEO Message

“When the idea of Work X was born, we always envisioned it to be a public good that is supposed to be ‘bigger than us’. Work X is designed to be used, owned and maintained by a decentralized ecosystem of users. We knew that there will be a point in time where the project outgrows our organization. Due to the explosive launch and growth, this moment has come sooner than expected. To take Work X to the next level, the development team needs to be fully focussed on the deliverance of the new UX/UI, and I need all my time to onboard corporate organizations within my network (which is a very diligent and time-consuming job). Because we believe it is too early to transition into a DAO, the acquisition of TGE Ventures offers the perfect solution.

The founders of TGE Ventures and Work X share the same core vision, and will continue together on their journey to deliver a fully decentralized Internet of Jobs. After working closely during the launch, we had hands-on experience with the team of TGE Ventures. As we progressed without their direct involvement after the launch, we saw how their efforts were missed internally.

Therefore, I’m very pleased to announce that they see the same opportunity and that we’re able to reinstate the team formation that performed so well during our launch. Alongside TGE Ventures, our core C-level team will be focused and streamlined on delivering Work X & WorkPi as an ecosystem to various audiences.

With TGE Ventures leading the token ecosystem with a highly professional Web3 team, we have a tangible plan and team to strive towards the 100 coins, and become a key hiring partner for the whole industry. In the meantime, the new situation will allow me to focus on what I’m good at; getting the corporate & institutional traction that we deserve! I can’t wait to make this $WORK even better.”— CEO Rik Rapmund, Work X

Work X Specific Features

The Work X platform aims to be the most user-friendly option available.

  1. Digital Identity
    Regain control over your career data
  2. No Commercial Fees
    Higher salaries and lower prices for services
  3. Verified References
    Hire candidates with verified work experience and skills
  4. Unbiased Hiring
    Match with candidates based on Work Performance Indicators

Three ways to find a job in Work X

  1. CREATE A PROFILE
  2. ADD YOUR SKILLS
  3. FIND YOUR DREAM JOB

Work X facilitates an accessible and straightforward method for individuals to discover their talents. Here’s how to do so:

  • Create a profile
  • Add job posting
  • Find matching talent

Work X Tokenomics

The $WORK token is designed to facilitate digital access to the platform through a blockchain-based infrastructure.

The Token Utility 1

  • Access to Platform Services
    To utilize services on the Work X Platform, including job postings, skill assessments, development courses, the AI Assistant, and various other offerings, users must hold the $WORK token.

Token Utility 2

  • Collateral for Job Listings
    To make sure that all job listings comply with the code of conduct of the
    platform, tokens have to be deposited.

The Token Utility 3

  • $WORK Platform Support Rewards
    Users of the platform who hold $WORK tokens and add to the liquidity
    will be rewarded with $WORK tokens within an NFT for their support
    of the platform and community.

Token Utility 4:

  • Platform NFT’s
    When users get achievements on the Work X platform they will be rewarded with an NFT that holds an amount of $WORK tokens. By holding and adding to the liquidity of the $WORK token, they will be rewarded with an appealing APR on top of their tokens.

The primary utility of the WORK token lies in facilitating access to services on Work X. To create job postings, utilize the AI Assistant, conduct assessments, and receive development suggestions, users are required to use WORK tokens to cover the platform’s operational costs. Recognizing that many individuals are unfamiliar with purchasing cryptocurrencies, they will allow users to pay in fiat currency while they handle the token acquisition on their behalf.

This approach is expected to generate consistent buying pressure for the token as platform adoption grows. Furthermore, active users will have the opportunity to stake $WORK tokens within a Genesis NFT, enabling them to earn from each hire and gain voting power within the Work X DAO.

MEET THE TEAM OF WORK X

1. Rik Rapmund 

  • CEO & Board Member

2. Daniel de Witte

  • CTO & Board Member

3. Patrick Storchenegger

  • Legal & Board Member

4. Aleksandr Barsukov

  • Full-Stack developer

5. Danila Gordeev

  • Full-Stack developer

6. Daria Kanina

  • QA Analyst

7. Maarten van’t Wout

  • Blockchain Developer

8. Pavlik Kiselev

  • Quality Assurance Officer

9. Alex Malyshev

  • Front-end Developer

10. Joana Peleira

  • Designer

Work X is continuously seeking new talent to enhance their team. Explore the available job postings to discover how your career can flourish alongside Work X. They look forward to the opportunity to meet you!

FOLLOW WORK X SOCIALS:

Twitter | Telegram | Medium | Discord | LinkedIn

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