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Work Quest (WQT) is a decentralized job market that aims to tackle skills mismatch, fragmentation, and data vulnerability in the employment industry. It integrates decentralized finance (DeFi) and recruitment to create a transparent and efficient platform for connecting employers with employees worldwide. With its intelligent matching algorithm, Work Quest proposes cost-effective executors and jobs based on data points. By utilizing trustless escrow services and smart contracts, employer-worker agreements are executed without intermediaries. Work Quest ensures the security of user data through distributed data storage and encryption on a public blockchain.
The Work Quest platform is built on WorkNet Blockchain and features mobile applications, a marketplace, and a rating system. Employers and employees are incentivized to maintain honesty and prudence through the platform’s rating system and feedback stored in a blockchain. In addition to facilitating transactions, the platform offers various DeFi products such as savings, staking, liquidity mining, retirement plans, P2P insurance, lending, and borrowing. Users can buy and trade the native token, WQT, on platforms like Pancakeswap, Uniswap, MEXC Global, and BitMart.
Work Quest is governed by a decentralized autonomous organization (DAO) to ensure grassroots, transparent, and global labor market management. The community will gradually assume all management functions within three years. The platform’s architecture relies on WorkNet Blockchain, smart contracts, and mobile applications for seamless interactions between employers and employees. Work Quest aims to create a secure and reliable ecosystem where users can transact with WQT and earn rewards through liquidity mining, savings, and referral programs. With a roadmap that includes the release of the WorkNet blockchain, wallet apps, stablecoin, and various product launches, Work Quest is poised to revolutionize the job market through decentralization and DeFi integration.
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