Reasons for Western market entry Since February, - - PDF document

SLIDE 1

The​K​work

FREELANCE​ ​ MARKETPLACE​ ​ ON​ ​ BLOCKCHAIN

• Starting​

​ point​ ​

• ngoing​

​ business

Since​ ​ October,​ ​ 2015​ ​ the​ ​ freelance​ ​

• nline​

​ marketplace​ ​ Kwork.ru​ ​ by​ ​ Mirafox company,​ ​ successfully​ ​

• perates​

​ in​ ​ Runet

SLIDE 2

Kwork​ ​ platform​ ​ is​ ​

• ne​

​

• f​

​ the​ ​ leaders​ ​ in​ ​ its​ ​ niche​ ​ for​ ​ the​ ​ following features:

• fixed​

​ price​ ​ for​ ​ all​ ​ services​ ​ at​ ​ 500​ ​ rubles

• time​

​ saving​ ​ for​ ​ buyers​ ​ and​ ​ sellers

• focus​

​

• n​

​ service​ ​ quality.

Reasons​ ​ for​ ​ Western​ ​ market​ ​ entry

Since​ ​ February,​ ​ 2017,​ ​ Mirafox​ ​ company​ ​ has​ ​ been​ ​ preparing​ ​ the​ ​ English version​ ​ project​ ​ –​ ​ TheKwork. The​ ​ project​ ​ has​ ​ ​ high​ ​ growth​ ​ potential​ :

• Freelance​

​ services​ ​ demonstrate​ ​ active​ ​ growth​ ​ worldwide;

• Freelancers​

​ earned​ ​ an​ ​ estimated​ ​ $1​ ​ trillion​ ​ at​ ​ 2016;

• Medium​

​ and​ ​ small-sized​ ​ business​ ​ has​ ​ a​ ​ growing​ ​ demand​ ​ for​ ​ freelance services​ ​ worldwide;

• Existing​

​ freelance​ ​ services​ ​ are​ ​ not​ ​ able​ ​ to​ ​ cover​ ​ current​ ​ market requirements​ ​ and​ ​ accept​ ​ new​ ​ challenges.

Current​ ​ freelance​ ​ problems:

Based​ ​

• n​

​ deep​ ​ analysis​ ​

• f​

​ more​ ​ than​ ​ 20​ ​ existing​ ​ freelance​ ​ services, thousands​ ​

• f​

​ public​ ​ reviews​ ​ and​ ​ leaders’​ ​

• pinions,​

​ Mirafox​ ​ experts highlighted​ ​ a​ ​ number​ ​

• f​

​ issues,​ ​ specific​ ​ to​ ​ the​ ​ freelance​ ​ industry.

Problems Existing​ ​ solutions

• Risk​

​

• f​

​ fraud​ ​ transactions

• Unscrupulous​

​ clients​ ​

• r​

​ contractors Escrow​ ​

• r​

​ service guarantees

SLIDE 3

• Poor​

​ service​ ​ quality,​ ​ missing​ ​ deadlines

• Difficulties​

​ in​ ​ refunding​ ​ money​ ​

• r​

​ protecting​ ​ your interests Arbitration

• Incompetence​

​

• f​

​ technical​ ​ support​ ​ team, generic​ ​ responses

• Late​

​ replies​ ​ from​ ​ support​ ​ team FAQ,​ ​ staff

Existing​ ​ solutions​ ​ partially​ ​ solve​ ​ problems​ ​ and​ ​ it​ ​ results​ ​ in​ ​ the​ ​ following:

• bias​

​ and​ ​ incompetence​ ​

• f​

​ arbitrators,​ ​ non-transparent​ ​ Escrow,​ ​ time- wasting​ ​ for​ ​ dispute​ ​ resolution​ ​ and​ ​ protection​ ​

• f​

​ your​ ​ interests,​ ​ high​ ​ fees for​ ​ Arbitrage.

Best​ ​ solutions​ ​

• n​

​ blockchain

Ideas​ ​ for​ ​ TheKwork

Freelance​ ​ problems​ ​ can​ ​ be​ ​ solved​ ​ with​ ​ the​ ​ help​ ​

• f​

​ blockchain:​ ​

Solutions Description Smart-contracts as​ ​ escrow Smart-contract​ ​ confirms​ ​ the​ ​ fulfillment​ ​

• f​

​ the​ ​ terms​ ​

• f​

​ the​ ​ contract and​ ​ automatically​ ​ determines​ ​ payment​ ​ procedure.​ ​ A​ ​ copy​ ​

• f​

​ the document​ ​ is​ ​ kept​ ​ in​ ​ the​ ​ decentralized​ ​ log​ ​ ensuring​ ​ its​ ​ security, reliability,​ ​ and​ ​ consistency. Arbitration​ ​ by​ ​ a professional team

(as​ ​ a​ ​ way​ ​ to​ ​ mine internal​ ​ currency)

Objective,​ ​ anonymous​ ​ voting​ ​

• n​

​ the​ ​ dispute​ ​ issue​ ​ conducted​ ​ by professionals​ ​ in​ ​ this​ ​ sphere.​ ​ The​ ​ solution​ ​ is​ ​ reflected​ ​ in​ ​ blockchain, which​ ​ prevents​ ​ from​ ​ any​ ​ unauthorized​ ​ changes.

SLIDE 4

24/7​ ​ Professional Consultations

(as​ ​ a​ ​ way​ ​ to​ ​ mine internal​ ​ currency)

Objective​ ​ and​ ​ anonymous​ ​ professional​ ​ team​ ​ voting​ ​ and​ ​ participation in​ ​ disputes;​ ​ group​ ​ decision​ ​ making

With​ ​ the​ ​ help​ ​

• f​

​ blockchain,​ ​ the​ ​ English​ ​ version​ ​ project​ ​ “TheKwork”​ ​ will​ ​ be​ ​ an upgraded​ ​ variant​ ​

• f​

​ successful​ ​ service​ ​ Kwork.ru​ . Breakthrough​ ​ technologies​ ​ give​ ​ a​ ​ great​ ​ advantage​ ​

• ver​

​ Western​ ​ competitors (USP),​ ​ client’s​ ​ loyalty,​ ​ relevance​ ​ in​ ​ cryptocurrency​ ​ world,​ ​ possibilities​ ​ for mass​ ​ marketing​ ​ and​ ​ brand​ ​ awareness.

Regulation​ ​ via​ ​ internal​ ​ currency

The​ ​ system​ ​ will​ ​ have​ ​ an​ ​ internal​ ​ currency​ ​ KworkCoin​ ​ based​ ​

• n​

​ Etherium. Coins​ ​ can​ ​ be:

• 1. Bought​

​ during​ ​ pre-ICO​ ​ and​ ​ ICO

• 2. Earned​

​ –​ ​ mining​ ​ in​ ​ system​ ​ (participation​ ​ in​ ​ arbitrage;​ ​ answering​ ​ users’ questions)

• 3. Bought/exchanged​

​ either​ ​ inside​ ​ Kwork​ ​ platform,​ ​

• r​

​

• n​

​ large​ ​ crypto exchanges

• 4. Paid​

​ for​ ​ freelance​ ​ services​ ​ in​ ​ the​ ​ system.​ ​ A​ ​ limited​ ​ release​ ​

• f​

​

• fficial​

​ tokens​ ​ for​ ​ sale,​ ​ reasonable​ ​ cost​ ​

• f​

​ payment​ ​ for miners,​ ​ regular​ ​ token​ ​ purchase​ ​ by​ ​ TheKwork​ ​ team​ ​ via​ ​ the​ ​ internal​ ​ exchange –​ ​ all​ ​ this​ ​ helps​ ​ to​ ​ maintain​ ​ a​ ​ token​ ​ deficiency.

Project​ ​ appeal​ ​ for​ ​ ICO​ ​ investors

• 1. KworkCoin​

​ is​ ​ an​ ​ utilities​ ​ token

• 2. Kwork​

​ provides​ ​ high​ ​ quality​ ​ services,​ ​ and​ ​ existence​ ​

• f​

​ two​ ​ years` successful​ ​ project​ ​

• n​

​ the​ ​ Runet​ ​ market​ ​ proves​ ​ it

• 3. Blockchain​

​ technology​ ​ is​ ​ effectually​ ​ used​ ​ in​ ​ this​ ​ project

• 4. Token​

​ holders​ ​ are​ ​ a​ ​ part​ ​

• f​

​ target​ ​ audience

SLIDE 5

• 5. The​

​ quantity​ ​

• f​

​ tokens​ ​ for​ ​ mining​ ​ is​ ​ unlimited,​ ​ mining​ ​ will​ ​ be​ ​ carried​ ​

• ut

through​ ​ the​ ​ whole​ ​ project​ ​ life-cycle​ ​ and​ ​ become​ ​ more​ ​ complicated eventually

• 6. The​

​ freelance​ ​ services​ ​ market​ ​ is​ ​ pretty​ ​ large​ ​ in​ ​ itself​ ​ and​ ​ has​ ​ a consistent​ ​ trend​ ​

• f​

​ development

• 7. Mirafox​

​ company​ ​ has​ ​ 16​ ​ years`​ ​ experience​ ​ in​ ​ development​ ​ and​ ​ running

• f​

​ leading​ ​ internet​ ​ projects

• 8. The​

​ team​ ​ did​ ​ a​ ​ successful​ ​ ICO​ ​ (​ icobox.io​ ).

About​ ​ Team

The​ ​ creator​ ​

• f​

​ TheKwork,​ ​ Mirafox​ ​ ​ Company,​ ​ is​ ​ a​ ​ developer​ ​

• f​

​ large​ ​ Internet projects. The​ ​ company’s​ ​ profile​ ​ includes​ ​ more​ ​ than​ ​ 20​ ​ successful​ ​ projects​ ​ with turnover​ ​ more​ ​ than​ ​ $100​ ​ millions. Team: Mike​ ​ Raitsin Alexey​ ​ Kurakov Yulia​ ​ Sadykhova Ilya​ ​ Urmanov

SLIDE 6

Additional​ ​ information​ ​ about​ ​ freelance platforms​ ​ future

Freelance​ ​ platforms​ ​ are​ ​ in​ ​ demand​ ​ both​ ​ for​ ​ business​ ​ (searching​ ​ for​ ​ high quality​ ​ specialists​ ​ all​ ​

• ver​

​ the​ ​ world)​ ​ and​ ​ for​ ​ people​ ​ seeking​ ​ for​ ​ a​ ​ different creative​ ​ way​ ​ to​ ​ earn​ ​ good​ ​ money. The​ ​ following​ ​ worldwide​ ​ trends​ ​ studied​ ​ in​ ​ qualified​ ​ researches​ ​ stimulate​ ​ this process

Sources​ :​​ ​ ​Report​ ​of​ ​ILO​ ​(International​ ​Labour​ ​Organization)​ ​and​ ​European​ ​fund

• n​ ​improvement​ ​of​ ​living​ ​and​ ​labor​ ​conditions​​ ​Researches​ ​UpWork​​

​ EY.com smallbiztrends.com

• In​

​ 5​ ​ years,​ ​ half​ ​

• f​

​ the​ ​ working​ ​ population​ ​

• f​

​ America​ ​ and​ ​ the​ ​ United​ ​ Kingdom​ ​ will work​ ​ remotely

• In​

​ Japan​ ​ and​ ​ the​ ​ USA,​ ​ the​ ​ number​ ​

• f​

​ freelancers​ ​ have​ ​ already​ ​ reached​ ​ 40%​ ​

• f​

​ all employees

• From​

​ 2000​ ​ to​ ​ 2014,​ ​ the​ ​ number​ ​

• f​

​ CVs​ ​ with​ ​ freelance​ ​ experience​ ​ increased​ ​ by 500%

• In​

​ 2015​ ​ in​ ​ the​ ​ USA,​ ​ there​ ​ were​ ​ approximately​ ​ 53​ ​ million​ ​ people​ ​ working​ ​ as freelancers,​ ​ almost​ ​

• ne​

​

• ut​

​

• f​

​ six​ ​ US​ ​ resident​ ​ is​ ​ a​ ​ freelancer

• Every​

​ twelfth​ ​ American​ ​ family​ ​ earns​ ​ more​ ​ than​ ​ half​ ​

• f​

​ their​ ​ budget​ ​ with​ ​ the​ ​ help​ ​

• f

freelancing

• In​

​ the​ ​ UK,​ ​ 87%​ ​

• f​

​ first-year​ ​ students​ ​ are​ ​ sure​ ​ about​ ​ freelancing​ ​ being​ ​ profitable​ ​ and prospective​ ​ career​ ​ development​ ​

• ption
• There​

​ are​ ​ 1.4​ ​ million​ ​ freelancers​ ​ in​ ​ the​ ​ UK

• 29%​

​

• f​

​ graduates​ ​ prefer​ ​ freelancing.​ ​ This​ ​ type​ ​

• f​

​ employment​ ​ helps​ ​ to​ ​ develop​ ​ as an​ ​ individual​ ​ and​ ​ succeed​ ​ in​ ​ career

• The​

​ number​ ​

• f​

​ trustable​ ​ freelance​ ​ services​ ​ is​ ​ dramatically​ ​ small.

Conclusion:​ ​ there​ ​ are​ ​ favorable​ ​ market​ ​ conditions​ ​ to​ ​ launch​ ​ TheKwork project.

TheKwork​ ​ road​ ​ map

• August​

​ 12,​ ​ 2015______Launch​ ​

• f​

​ the​ ​ Kwork​ ​ project

• September,​

​ 2015_____Launching​ ​ Safe​ ​ Deals​ ​

• n​

​ Kwork

• June​

​ 2017,​ ​ _________The​ ​ number​ ​

• f​

​ Kwork​ ​ users​ ​ has​ ​ exceeded 320,000

• February,​

​ 2017______​ ​ The​ ​ idea​ ​

• f​

​ tying​ ​ most​ ​ site​ ​ functions​ ​ to​ ​ the blockbuster

• August,​

​ 2017________​ ​ Development​ ​

• f​

​ the​ ​ English​ ​ version​ ​

• f

TheKwork

SLIDE 7

• December,​

​ 2017______​ ​ Issue​ ​

• f​

​ TheKwork​ ​ tokens.

• December,​

​ 2017____​ ​ Pre​ ​ ICO

• January,​

​ 2018________​ ​ ICO

• January,​

​ ​ 2018_______​ ​ Funds​ ​ Collection

• February,​

​ 2018_______​ ​ Launching​ ​ TheKwork,​ ​ Listing​ ​ tokens

TheKwork​ ​ team​ ​ is​ ​ confident​ ​

• f​

​ the​ ​ Project​ ​ success! ICO​ ​ by​ ​ TheKwork​ ​ –​ ​ coming​ ​ soon!

Here​ ​ you​ ​ can​ ​ find​ ​ the​ ​ Project​ ​ Information​ ​ document.​ ​ Company​ ​ has​ ​ rights​ ​ to​ ​ update​ ​ and change​ ​ this​ ​ document.​ ​ To​ ​ read​ ​ the​ ​ relevant​ ​ version​ ​

• f​

​ the​ ​ document​ ​ please​ ​ go​ ​ to: https://drive.google.com/drive/folders/0Bwdd--4pvGUrbnJhRFFNMl9vXzA?usp=sharing