BlockSwan Family

BlockSwan Family is a decentralized non-custodial digital services marketplace combined with a community-based conflict-resolution protocol where users can participate as seller, buyer, or judge.

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Inspiration

Fiverr and UpWork have created convenient ways for builders to sell their services and find buyers by means of important advances in digital gigs delivery — commonly expressed to end-users as “freelancer marketplace”. The success of these platforms over the past 10 years has meant that users have grown to expect and demand the kind of ease-of-use and seamless purchasing experience that these platforms provide. However, those platforms are often draining a high parts of the freelancer sales to themselves with high fees, high payment friction, fund custody centralization and very poor retribution for users that contribute to the growth of such platforms.

What it does

We are building a community-owned services marketplace providing a space for builders to easily access talents or to sell their services through secured and transparent means. Specifically, BlockSwan Family will:

Be more fair to builders Builders will earn +16% more sales revenue with faster payout.

Be a services hub Access in a click a wide panel of talents within a clear catalog to get help when you need. Sell digital services as simply as on Amazon upon clear terms defined by yourself.

Provide an end-to-end platform So that builders can focus on what matters the most. Meeting deadlines for ones, doing what they love for the others.

Introduce new revenue streams Open a range of new revenue streams and opportunities for participating to the growth of BlockSwan Family such as participating in conflict resolution or on-boarding new builders.

Leverage community The main reason making possible such fees reduction (from 20% in Fiverr to 4% in BlockSwan) is the outsourcing of the conflict resolution to the community using the protocol. They can help users solve their customer issues while capturing part of the protocol revenues.

Challenges we ran into

Our biggest challenge remains to test our conflict resolution protocol reliability upon real data feed while maintainiing low fees and giving attractive payments revenues to judges helping to solve conflicts. Another main challenges was to give up on building a custom token for our protocol and restraining ourself to the use of $MATIC and $USDC to power our dApp. We believe in building a good service leveraging the latest technology first, a dedicated tokenomics model involving staking and DeFi mechanisms will come later.

Accomplishments that we're proud of

We are proud of achieving such a product in a short time-frame, receiving nice feedback towards our protocol, validating our product-to-market-fit, getting confirmation that builders are looking to use such a tool to manage their digital services orders & sells.

What we learned

We learned a lot about solidity development and smart-contracts testing/optimization/deployment. We also had to get familiar with other web3 tools such as Moralis.

What is next for BlockSwan Family

Our next step is to on-board users to stress test our protocol and improve users confidence. It goes by gathering freelancers conflicts along with processed resolution on already existing platforms and compare it with the resolution our protocol judges would provide. We are also planning to add more feature such as gig commenting and user rating to help buyers select the right freelancer suiting their task.

You can learn more about B-Family by reading our documentation at the link below (WIP): Read the documentation

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