Ventured Network (VCN)

Ventured Network (VCN) widget

ICO date: 07.10.2017 - 07.11.2017
Industry: Financial Services
Description:

Company's vision is a world where individuals are empowered with the freedom to choose the work best suited for them. And a world where the most inspired ventures thrive because people can easily support them with their talents and resources.

Features:

Ventured is building a Network Layer of smart work contracts and pre-trained models to give people the necessary information to make optimal choices about their work. Empowering people to choose their best work will mean individuals are no longer bound by companies.

Founded: United States
Technical details:

Ventured will expand the freelancing marketplace by creating a network protocol for a smart dynamic work system where the vast majority of the work required for a project, startup, or event could be crowdsourced. Ventured is providing a decentralized way to work that is still able to tackle the world’s biggest problems. Part of the loyalty system will be based on using Ethereum to create token-shares as an equity currency for freelancing. These token-shares will provide a direct incentive for freelancers to make a Venture succeed. Additionally, by supplying context for work, helping keep track of past work history, and rewarding continual work on one project workers can be incentivized to become loyal. The Ventured network protocol will take advantage of the Ethereum network and major advances in machine learning. Modern machine learning techniques can be used to match people with work and make accurate estimates at the real value of a piece of work. These matches and estimates can be communicated programmatically through oracles within smart work contracts created on Ethereum to accurately pay people. In the Ventured Network people and companies will have the required information to understand the cost and benefits of their work. Facilitating large projects to use contracting is key to the future of work. It will be a necessary step in fair payments and expediting the most important work in the world. Freeing people to choose the work that is most valuable or most interesting will be empowering and completely change the landscape of business.

Website: ventured.one
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Very Low 1.0 / 5.0
Risk score
Medium

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See also