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Crafty Concept description by craftyapp

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Crafty Concept description
![CRAFTY_LOGO_COLOR_256X256.png](https://steemitimages.com/DQmULCLcoVXVFesaAGJDqHP1RC9Ej7kxuZnT3PCA1RazkE4/CRAFTY_LOGO_COLOR_256X256.png)
The current labor relations are not enough to promote happiness and trust between people, generating friction and, consequently, waste of resources. Information asymmetry is the root of most of the waste of wealth, which is paid by all of us from the higher transaction costs and   additional   energy   expenditure.

To tackle these problems, we created the Crafty, which is the best tool for turning workers into skilled entrepreneurs professionals, fully informed, integrated and tuned into the market and allow the contractors know their best options to hire people genuinely evaluated and qualified,   suitable   for   a   specific   task.

The social network provides confidence, blockchain provides transparency and augmented intelligence   amplifies   the   possibility   of   better   choices   for   the   parties   involved.

Crafty is a platform that connects the various specialties service providers with their contractors,   without   charging   any   intermediation fee or centralized intervention.

Operationally   is   structured   as   a   marketplace   with   several   advantages:
● works in a market that, in Brazil (not to mention worldwide numbers), is officially evaluated over BRL 200 billion formal and at least twice such amount that acting informally   (which   means   almost   USD   200   billion   in   total);
● the reorganization of the market to reduce its imperfections, especially with regard to intermediation, expanding the potential remuneration of the service provider, while enabling   a   reduction   the   cost   of   service;
● the proposal of democratizing access to the market by reducing the asymmetry of information   from   the   spread   of   reputation   value   as   "collective   currency";
● it’s   totally   free;
● users   (network   nodes)   are   remunerated,   ensuring   the   circulation   of   generated   tokens;
● scalability,   as   result   of   decentralization;
● the   possibility   to   be   worldwide   applied.

Crafties (CFTY) are tokens with several utilities in the system. The adoption of such utilities was   a   primary   consideration   to   lay   the   foundation   for   the   success   of   the   model.

CFTY will be used as Exchange value (as a basic unit of exchange within the Crafty market), tool for promoting Engagement (enriching the user experience to promote engagement); Currency (an efficient method of payment, with very low transaction costs); Earnings (enabling an equitable redistribution of additional ecosystem values as well as the sharing of benefits).

Crafty's exclusive business model had the patent required in US and establishes the way in which the system analyzes the connection options for the development of a specific job, organizing them according to objective criteria that have as main decision vector, the fulfillment   of   the   need   with   the   lowest   cost   of   transaction.

How does the project create value to the ecosystem and differs from competing projects?

Crafty is the first platform dedicated to the autonomous workers. The system is already working in its MVP version, called Diarissima, and will remain restricted to Brazil at this first stage.

It must be considered that with almost 63% of the unregistered workers, this is the segment with the greater informality of the economy, as shown in a study by FGV/IBRE - a recent evolution   of   informality   in   Brazil.

Considering a net operating revenue of BRL169 billion and a total wage amount of BRL39.4 billion, we can extrapolate such amounts to include the 63% of informal market, reaching the impressive amount of BRL 456.7 billion of net operating revenue at 2014 equivalent to BRL 535.7   billion   in   December   2017   values,   if   discounted   de   inflation   of   period.

This is the potential market for services rendered to families in Brazil, with 4,7 million workers.

The increase in revenue would be around BRL 407 billion or an average of BRL 86.5 thousand per worker. This amount is still most important if we consider the low-income social stratum and, therefore, little marginal propensity to save, which contributes to increasing the circulation   speed   of   the   coin.

Centralized processes are inefficient. Crafty decentralizes all operations, which promotes the empowerment of the parties, but also reduces the operating costs of the structure since there   are   no   controls   on   transactions   that   occur   under   the   platform,   although   registered.

This is due to the fact that the back-office of the operation is and will continue to be very limited,   restricting   itself   to   any   doubts   or   problems   in   the   use   of   the   application.

The parties involved, workers or contractors, may access and use the platform for free to identify   opportunities   to   provide   and   contract   services   from   a   qualified   database.

In a networked business model, we take to the digital world the personal relationships of hiring domestic services. At Crafty, what really matters is trust between the parties, which is strengthened by increasing reputation after each engagement, through the evaluations of both   parties,   both   the   contractor   and   the   supplier.

As a result, our users have access to our reliable network of contracting and providing professional   services.
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@cheetah ·
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
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