CanYa, the online and offline blockchain-based services platform, has just concluded its pre-sale with a massive response from the investment community. With 4530 ETH raised during the initial sale (currently valued at $1.4 million), the company is now positioning itself for the full public sale. Amid calls for greater opportunity for investment, CanYa has promised to keep the offering limited and exclusive to ensure platform value stability. They have recently signed beneficial partnerships with Indorse and Ties to expand the effectiveness of the CanYa ecosystem.
There are an estimated 34 million gig economy workers as of this year, with that number expected to rise by 43 percent by 2020. This rise in digital nomads – workers who complete their work via technology, without a company office – has led many to question where online marketplaces can go from here, even as local freelancing has skyrocketed as well.
Co-founder John-Paul Thorbjornsen believes CanYaCoin will further empower individuals by providing a single international cryptocurrency that can be used for services throughout the world. “It’s completely decentralised. By pairing our platform with cryptocurrencies, and blockchain technology, it means that we can shift the entire platform into something that’s decentralised, and trustless,” said Thorbjornsen.
CanYa’s unique platform allows buyers and sellers to interact across a peer-to-peer system that is decentralised via blockchain technology. The decentralisation of the platform means there is no corporate hub profiteering from the agreements, driving up revenue for freelancers and driving down prices for buyers.
Furthermore, the platform protects buyers and sellers alike through a guaranteed payment system, where funds from the buyer are escrowed at the beginning of a contract, and released when the buyer has completed the work. Due to the funds being held in CanYa Coins – the platform-specific ERC20 token – both buyer and seller are assured of contract completion.
CanYa has also recently made two agreements with additional corporations to expand their platform reach. First, CanYa has agreed to a joint collaboration with the Ties network, a decentralised storage platform. Secondly, CanYa has created a partnership with Indorse, the decentralised platform that allows users to be ‘endorsed’ by other users for particular skills. These two agreements expand the reach and effectiveness of the CanYa ecosystem.