The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Open-Source, Decentralized Jobs App Launching on EOS Network

by Daily Hodl Staff
September 14, 2018
in Altcoins

HireVibes, an open-source, decentralized jobs app, is set to launch on the EOS.io blockchain in early 2019. It’s designed to give job-seekers and employers a community-based alternative to centralized recruitment agencies.

Co-founder Daniel Dunne explains why his company decided on EOS.

“We felt EOS was the one blockchain platform that could handle the weight of the HireVibes DAPP (decentralized app) in the case of mass adoption. The speed, the reliability and the free transactions, along with the ability to arbitrate, which EOS can offer, positioned it as the best option for our needs.”

The market is wide open for disruption. According to a study by CV Library, organizations cited “sourcing candidates directly” as a top priority for 2018.

Top Recruitment Priorities in 2018
  • Sourcing candidates directly – 68.1%
  • Building talent pools for the future – 65.7%
  • Investing tools to speed up the hiring process – 42%
  • Establishing a strong employer brand – 40.2%
  • Succession planning – 33.9%

HireVibes incentivizes the crowd to source suitable candidates for job openings by charging a 7.5% fee to employers and sharing part of that fee with the hired employees. The successful job seeker receives the equivalent of 4% of the job’s annual rate in HireVibes tokens (HVT). If the successful applicant was referred to the job, the 4% is automatically split between both the job seeker and the referrer.

Successful applicants will also receive a fixed donation reward in HVT that’s equivalent to 1% of their annual rate or salary. They can then donate the crypto to a humanitarian cause or charity of their choice.  

[the_ad id="42537"] [the_ad id="42536"]

Dunne, who worked at a global talent agency, co-founded HireVibes with Daniel Beere who shared his vision of wanting to run a more efficient job search program that could add a deeper purpose to the process.

“Very early on I became aware of the high fees agencies charge to employers, and I always felt a portion of this fee could, and probably should, go back to the worker putting in the shift. I later began exploring ways humanity could divert a portion of its collective energy and channel it to people and environmental projects that need it. With HireVibes, the two ideas merged,” says Dunne.

Employers will advertise for free and only pay if a candidate is hired, with each job listing clearly identifying the employer in order to reduce the risk of spam ads. According to HireVibes, the fees charged by traditional centralized recruitment agencies will be slashed in half.

The company will airdrop 80% of the HVT supply to the EOS community. HireVibes participants can then use the tokens to govern the platform by voting on proposals and implementing changes.  

Every quarter, 50% of all surplus tokens generated by the community will be automatically redistributed to HVT holders. The other 50% will be put to a community vote.

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Huobi Set To Launch Trading Service in Hong Kong
    May 26, 2023
  • Stably Launches #USD As the First BRC20 Stablecoin on the Bitcoin Network
    May 25, 2023
  • The Open Network (TON) Unveils DeFi and Data Analytics Hackathon in Collaboration With DWF Labs and Amazon Web Services
    May 25, 2023
  • Ankr Partners With Mirage To Revolutionize the Web 3.0 Gaming Landscape
    May 25, 2023
  • Tulipart.com Launches a Collection of Tulip NFTs Minted Daily Over Seven Years
    May 24, 2023
  • Binance Futures Grand Tournament Returns
    May 24, 2023
  • TRON Collaborates With Nansen To Deliver In-Depth Insights From Blockchain Activity
    May 23, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$27,810.45
$27,810.45
2.19%
Ethereum
$1,892.65
$1,892.65
2.76%
Cardano
$0.377493
$0.377493
0.2%
XRP
$0.480064
$0.480064
1.42%
Dogecoin
$0.073271
$0.073271
1.04%

Spotlight

  • Gaming Represents the ‘Largest Scale Opportunity’ for Crypto, Says Polygon (MATIC) Co-Founder
    May 26, 2023
  • Crypto Project Defies Bitcoin Slump, Surges 125% This Week Amid New App Launch
    May 26, 2023
  • Analyst Who Called 2022 Crypto Bottom Says Current Bitcoin Price Action Has Him Excited – Here’s Why
    May 26, 2023
  • Cardano Creator Charles Hoskinson Says CBDC Fears Are Justified, Warns They Could Be Seized by the Government
    May 26, 2023
Coinfest Asia Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl