Freela’s Native Token has Strong Potential. Why’s That?

DeFi space is very diversified. It contains hundreds of protocols, and their number is growing daily. However, some of those protocols are unique, based on original ideas and solutions. Freela is one of them. It is a Defi-powered, self-governing DAO. The team specifically designed Freela to act as a broad decentralized platform for freelancing transactions. This protocol provides a platform for both P2P (Peer to Peer) and B2B (Business to Business) commission-free transactions as its user interface matches skilled freelancers for job postings around the globe.

Furthermore, Freela brings in a unique, innovative model with professional mediation, ensuring profitable transactions between employers and employees. As a result, the employer gets the best quality work, while employees have the best remuneration for their efforts.

Many platforms attempted their best to decentralize, but most of them ended up only in the small niche part of the market. Meanwhile, some of those protocols that catered to larger markets became forced to centralize. Freela is trying to avoid that by using DeFi liquidity pools, Blockchain technology, and DAO governance on its platform.

What about Freela’s token ICO?

Like many other protocols, Freela launched its native utility token to offer its customers more advantages. However, only 10,000 FRELs are for sale during the initial token offering, and the ICO price is $58 per token. The sale began on May 26, 2021, and the token has already gained a high ranking.

The company offers people in business to find the right person to do the right job for the right pay. It enables the employer to pay the employee with absolutely no commission or transaction fee in between. The team claims that once an employee/employer experiences this unique model, they will be hooked to their platform for life. Freela transactions are free thanks to being deployed on enterprise-focused Polygon (Matic).

The company offers truly free freelancing. The platform also developed reliable governance with zero human interference. As a result, it can provide a greater sense of security to every stakeholder and successfully satisfy their requirements.