Social Security For the Gig Economy
Business Model: B2C
Revenue: $0
Employees: 1-10
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We&s;re ending the "feast or famine" mentality of the gig economy. The P3C stability algorithm is at the core of our startup. It allows us to give out micro-equity via a payment gateway which users choose to either liquidate or hold onto to be incentivized. Any time somebody does a gig through our platform, we give them a slight amount of P3C micro-equity. They can cash it out immediately, which incurs a small penalty that is then distributed to *all other holders* instantly. What makes this algorithm so special is that it can perform a dividend distribution for amounts that can be less than $.01 , using a special pull-based model rather than the traditional push-based model. The algorithm is 600 lines of Solidity code and lives in a smart contract on the immutable Ethereum Classic [ETC] blockchain. It is blockchain agnostic, and has been peer-reviewed by multiple security auditors as both safe and scalable.
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