All You Need To Know About The TelosTask Project

The Telos Task platform was crafted by the Mydappr.io team as a marketplace for micro and macro tasks listings by Task Givers, and work completion by Task Takers or Freelancers. It is a first-of-its-kind freelance/gig marketplace built on top the Telos blockchain, which protocols on the EOSIO software; the same software by Block One use by the EOS blockchain.

The Task Tokens will be used by clients to list tasks on the platform and will also be paid to workers who complete tasks. We have dedicated a great deal of time and energy to designing and building this platform with the view of enabling everyone to participate and earn rewards without worrying about being screened out or limited as is the case with most of the other popular freelance platforms.

Listed tasks will include a wide range of services, both simple and technical, such that both skilled and unskilled Task Takers can participate. If you have something to offer, there would be a task which you can participate in to mine/earn the Telos Task token. We need your concerted and unwavering support to make this work guys. Bring on your tasks, have them listed on the platforms and support the Telos Task project. To learn more about Telos Task and its deflationary utility token please check out https://telostask.app/.

Task Token Pre-ITO & Upcoming official Initial Token offering (ITO)

The Telos Task economy runs on the TASK token. A small percentage is required for task listing and also as a payment gateway between the Task Givers and the Task Takers within the Telos Task ecosystem. It will also be used to access other service features like advertising, fee reductions, transfers of value and so on. To this effect, it is pertinent for us to announce that the pre-Initial Token offering is on.

The pre-ITO is basically for early investors who would like to grab the tokens very cheaply before the main launch. The minimum amount of Task Token for purchase in the pre-ITO is 10,000 Tasks at $0.04 per token. It would be graduated every 3 days from 10,000 to 20,000 Tasks, 30,000 Tasks, and then finally, 100,000 Tasks until pre-ITO ends. We encourage all who like what we’re building to buy some of these tokens. This will support us and enable us to complete the platform development and to add more mutually beneficial features. The pre-ITO will end on the 25th of October 2020. You can purchase the Task Token with TLOS, EOS,& USDT. The official crowd Initial Token offering will begin on the 5th of November 2020 at $0.10 per token. There is no better time to purchase Task Tokens than now.

The Utility/ Governance Features of the Task Token

The Task Token is a utility token on the Telos Task platform which gives you access to the full range of the platform’s services. There are 100 million Task Tokens in total supply, with 16 % (16m) allocated to the Team, 20% (20m) for Development, 40% (40m) for ITO, 20% (20m) for Marketing, 1% (1m) for AirDrop and 3% (3m) unallocated for now. The Task Token is deflationary in nature and will increase in monetary value as there will be a decrease in total token supply overtime. It will gradually deflate from a 100% initial token supply distribution to a reduced 60% total token supply because token burns will occur monthly or on specific dates. The tokens to be burned will be taken from 50% of task listing fees and sometimes from unallocated tokens in cases of unallocated or no token usage.

The Task Token has a governance feature called “Telos Decide” which allows you as a community member and stakeholders to have a say in the decision making processes. Telos Decide is a decentralized voting oracle on the Telos blockchain which will allow the community and users of the platform to make decisions about new features to be integrated into the platform or otherwise. It will also be open for members of the Task community to submit proposals which would be voted in or out by the general public.

Upcoming Airdrop: TLOS Holders and Telos Task WPS Voters

There will be an airdrop to all TLOS holders holding certain amounts of Telos in their wallets. The amount of Task Tokens to be airdropped will depend on the amount of TLOS you have. More specific information will be shared about this through our announcement channels and social media handles very soon. The Telos Task WPS Voters (Working Proposal Voters) will also be air dropped according to their voting weight. This means that those who voted on our WPS proposals will be airdropped based on their votes for us.

Our purpose

We built this platform to create a sustainable global economy standardized to improve and upgrade the workings of the freelance market and change the way freelancing jobs have been done thus far. The Telos Task model allows both the skilled and the unskilled workers to earn from tasks taken thereby eliminating the prejudice against non-professionals in the gig/freelance terrain. More information about this can be assessed in our Telos Task Paper here; https://drive.google.com/file/d/1j20aySm4aG8OuePwiA33j3KEgxi4eHeC/view?usp=sharing

Source: https://link.medium.com/vTlIv0alvcb

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