WorkQuest:
The World's
Decentralized Job
Market

Integrating DeFi and recruitment

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Tackling skills mismatch,

fragmentation, and data vulnerability

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Tackling skills mismatch, fragmentation, and data vulnerability.

Intelligent matching algorithm - search uses data points to propose cost-effective executors and jobs.

Trustless escrow service - no intermediaries, employer-worker agreements run on smart contracts.

Distributed data storage & encryption - your data is encrypted but stored in a public blockchain.

WorkQuest Platform Architecture

WorkQuest is the online Marketplace and decentralized Payment Provider connecting employers with employees anywhere in the world powered by Smart Contracts governed by DAO. WorkQuest has Mobile Applications available to work anywhere globally powered on WorkNet Blockchain and WorkQuest Wallet.

The platform incentivizes employers and employees to deal honestly and prudently using its Rating System and Feedback stored in a blockchain. As platforms act as a facilitator of transactions between employer and the employee, different DeFi products are available for platform participants, such as Savings, Staking, Liquidity Mining, Retirement product, P2P Insurance, Lending, and Borrowing.

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Liquidity Mining

It is an investment strategy in which participants within a DeFi protocol contribute their crypto assets to make it easy for others to trade within a platform. In exchange for their contributions, the participants get rewards with a share of the $WQT tokens.

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DAO

Governance protocol with no central management will govern the WorkQuest Platform by a set of automatic enforceable rules. The complete transition of the management functions will happen within three years.

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Wallet

Platform's wallet (iOS&Android mobile Apps) for $WQT and $WUSD and other assets to handle all the operations in WorkNet Blockchain.

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Platform's Smart Contracts

All interaction on the platform between the worker and the employer will happen using Smart Contracts, which serve as an intermediary with agreed variables: time, work to be done & the cost of labor.

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Rating System

A Fair & Transparent rating system will decrease the information asymmetry between the contract's parties. Employee's and employer's feedback is accessible to everyone and stored in a blockchain.

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Mobile applications

The Android and iOS apps with built-in WorkQuest wallet include all the WorkQuest platform's functionality.

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Marketplace

The platform connecting employers & employees handles the disputes between parties. It handles transactions via smart contracts—a friendly interface for the WorkNet public blockchain.

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WorkNet Blockchain

Based on Cosmos SDK, all transactions and user data will be safely secured on a multi-asset public PoS (Proof-of-stake) blockchain.

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Staking

Your crypto earns rewards while staked because the blockchain puts it to work. Cryptocurrencies that allow staking use a “consensus mechanism” called Proof of Stake, which is the way they ensure that all transactions are verified and secured without a bank or payment processor in the middle. If you choose to stake it, your crypto becomes part of that process.

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Referral program

Users can earn rewards by inviting more employers & employees to the platform.

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Defi

Users can receive rewards by inviting more employers and employees to the platform who will use the various functions of DeFi.

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Retirement

After completing the work, each platform user can use the retirement accumulation program, where he sets up a percentage of the quest sum, which will be automatically deposited to his savings account at the interest rate.

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P2P insurance

A decentralized insurance fund with low fees supports both performers and employers with a good rating.

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Savings

After completing the work, WorkUSD ($WUSD) can be locked on deposit for passive income or used to buy other tokens.

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Lending&Borrowing

Lend your assets to get an interest rate. Borrow funds to use them in different network functionality.

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Introducing

WorkQuest DAO

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WorkQuest DAO mission - Loose, Grassroots, Transparent, Open, and Fully global Labor market.

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Community Governed
All management functions will be transferred to the community within three years.

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Transparent
All Governance features and procedures will be published openly to ensure everyone has access to all the information.

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Global
To participate in platform Governance, any user can buy $WQT tokens from the market.

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Secure & Reliable
WorkNet blockchain is used to create and manage the DAO.

Transact with $WUSD and earn with $WQT
$WQT

Management of WorkQuest DAO & Collateral for $WUSD. Used for referral programs & available for liquidity mining.

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  • WorkQuest DAO Management
  • WorkQuest Referral Program
  • BSC & ETH Pools for Liquidity Mining
  • Paid Services on WorkQuest platform
  • Collateral for $WUSD Stablecoin
  • PoS Staking
$WUSD

An algorithmic stablecoin is used for payments between the employer and the employee when the smart contract is created.

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  • Payment between Employer & Employee
  • P2P Insurance
  • Withdrawal to the bank card
  • Lending&Borrowing
  • Retirement Program
  • Savings Product
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DeFi Incentives

$WQT Liquidity Mining Program

Users receive $WQT for providing liquidity on automated market maker (AMM) platforms such as Uniswap.

$WUSD Savings Program

After completing the Quest, WorkUSD ($WUSD) can be locked on a deposit for passive income or used to buy other tokens.

P2P insurance - protection from the inability to perform their official duties

It decentralized insurance fund created by platform users to support employees and employers with a good rating.

Retirement Savings Program

After completing the work, each platform user can use the retirement accumulation program. Choose a percentage of the sum, which will be automatically deposited to your savings account.

Our team
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Andrii Kotsur
Founder&CEO
Andrii's expertise and experience include knowledge of digital currency, how to manage a highly skilled team, building relationships, and driving the company forward. Founder and main ideologue of the project concept.
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Lovska Myroslav
Chief project designer
Experience in graphic design, UI/UX, Branding, marketing strategy, Marketing research, communications and Social Media advertising. Myroslav skilled at managing social innovation and product development initiatives across both brick-and-mortar establishments and electronic platforms
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Seshu B Kanuri
Chief Information Officer
Seshu is a tech professional and business strategist with strong experience in Banking, Financial Services and Insurance. Established the core solutions methodology and data architecture functions at Paypal, Citibank, BofA, California State Fund, Chase, Morgan Stanley, Discover Financial Services, Blue Cross Blue Shield, and many more. Seshu is an Angel Investor and a serial entrepreneur based in silicon valley with many successful exits. Currently the Co-founder and CEO of Netweb Group, Inc., owns pay2mate.com and deepiotics.com an AI company.
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Simon Bowles
Strategic Advisor
Simon started his career in venture capital followed by trading at global hedge funds in London, and has also consulted for the likes of McKinsey and Oliver Wyman. Since leaving the UK, he has worked in various countries in Europe in FinTech/DLT, including at senior leadership positions at Skilling, Cubits, and BaseTwo Capital. He currently sits on the advisory board of five blockchain projects and was an early investor in both Kira and Panther protocols. Simon has also been called as an expert on FX for the UK courts, and has helped locate over $100 million in crypto for administrators and law enforcement agencies during his career.
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Jacobo Hansen
Advisor
Jacob is the founder of Blockandinavia, a blockchain development and advisory firm based in Norway. Since 2018, Jacob has been involved as strategic advisor and top management in several blockchain projects including Credits, Bitspace and the Alliance of Blockchain Professionals. Jacob's field of interest includes deep learning applied to decentralized consensus mechanisms and decentralized autonomous organizations.
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Roza Akulova
Technical Project Manager
More than six years of experience in project management, the last four of them in the blockchain direction. Based competence in managing a large development team as a single entity in order to achieve maximum efficiency and meet all deadlines.
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Road Map
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1

Q4 2019
Сompany registration in Estonia.

2

Q1 2020
Obtaining crypto licenses.

3

Q2-Q3 2020
Market research. Project concept
development.

4

Q4 2020
WorkQuest platform design
development.

5

Q1 2021
WorkQuest Token (WQT)
development.

6

Q2 2021
Start of the WorkNet development.

7

Q2 2021
Launch of liquidity mining.
WorkQuest DAO development.

8

Q3-Q4 2021
WorkNet Release.

9

Q4 2021
WorkQuest DAO Release.

10

Q1 2022
WorkQuest Wallet Mobile App
Release.

11

Q1 2022
WorkQuest Mobile App Release.

12

Q1-Q2 2022
The development of the WQ Platform
is completed. Platform testing.

13

Q1-Q2 2022
Migrating a liquidity pool to Work Net.

14

Q1-Q3 2022
WorkQuest V2 Release on
Work Net

15

Q3 2022
WorkNet & smart-contract final
Audits.WQT Swap from ERC20/BEP20 to
WorkNet

16

Q3 2022
The WorkQuest Bridge launch

17

Q3 2022
WorkQuest DAO launch. WorkNet
validator functionality launch.

18

Q3-Q4 2022
WorkQuest Wallet Mobile App release.

19

Q3-Q4 2022
$WUSD Statblecoin. The collateral
pools launch.

20

Q3-Q4 2022
The WorkQuest platform main
functionality launch

21

Q3-Q4 2022
The WorkQuest referral program
launch

22

Q3-Q4 2022
WorkQuest Mobile App release

23

Q3-Q4 2022
Retirement product launch.

24

Q3-Q4 2022
Savings product launch.

25

Q3-Q4 2022
Lending and Borrowing mechanism
launch.

26

Q3-Q4 2022
$WQT and $WUSD staking
mechanism launch.

27

Q3-Q4 2022
$WUSD Stablecoin. Launch of $WQT,
$ETH, and $BNB collateral pools.