🎨Background

The way we work is changing rapidly, and the rise of remote work and on-demand hiring during the pandemic is just the beginning. The current wave of tech layoffs has created the generation of solopreneurs, high-skill gig workers who work independently and take on multiple gigs, having not to depend on one source of income. At the same time, more enterprises are embracing the agility and cost-effectiveness of hiring these high-skill workers to meet their business needs. In 2022, about 30% of Fortune 100 companies used freelance Upwork talent, and 40% saw gig workers taking a more significant part of their workforce in the coming years.

Talents in many parts of the world, despite their growing need to work internationally, face significant hurdles that prevent them from doing so.

• The current international payment methods are sluggish and restricted in many developing countries

• There is no way in web2 platforms to verify and showcase workers’ skills and work history. This leads to a common paradox; to compete for jobs, regardless of their experience, freelancers have to work underpaid for months

• At least 20% of workers’ income is cut down by all kinds of fees (platform fees, Paypal fixed fee, conversion rate …)

• Switching platforms means losing the hard-earned work history and starting from scratch.

Existing platforms lack working solutions for these challenges. TaskFi is poised to provide a comprehensive solution for Workers/ Employees to connect with Employers, find meaningful work, and increase each party’s productivity. As the world continues to change, the protocol vision is also to meet the needs of the future of work by providing a platform that unleashes the next generation of jobs and worker experiences.