New cryptocurrencies are popping up every week and it may be challenging to spot the best ones. Some of them are just scams while others will make 100x gains in the long term.
There are even ICOs that have made millionaires with a $100 or just $10 investments. I explained more details in my ICO investing course that was recently launched on Udemy.
So, What is the Best Cryptocurrency to Invest in August 2018?
One of the best ones is certainly PayPerBlock. In this article, I am going to explain what this project is all about and what makes it so potential.
I will also reveal 5 facts that make PayPerBlock extremely interesting for investors!
PayPerBlock ICO Review - Quick Summary
Summary: PayPerBlock wants to become #1 a freelancer platform providing blockchain services in the world. I believe for several reasons that it has all the potential to achieve it.
Read the full article to see the 5 reasons why!
PayPerBlock Airdrop - Get Free $10 Worth of Tokens!
At the moment, PayPerBlock has a cryptocurrency airdrop. It means that you will get free 2,000 PayB tokens (worth $10) in 5-10 minutes just by following the steps that I specified in the video below.
Let me know in the comments if you have any questions and I'll be happy to help you out.
PayPerBlock Review - Video
Take a look at my PayPerBlock video review below. I am sure you will find it helpful and useful.
What Is PayPerBlock?
PayPerBlock is an upcoming blockchain-powered platform that provides blockchain-related freelance services for businesses.
The project has started in 2017 and the team to build the best blockchain expert freelancing platform in the world has been gathered in the "Silicon Valley of North and Europe" (Oulu, Finland).
The goal of the company is clear: Become the best blockchain expert freelancing platform in the world.
- PayPerBlock Roadmap
PayPerBlock project started in 2017 and in the image below you'll see the roadmap for the near future:
The PayPerBlock MVP platform was created in November 2017 but the actual PayPerBlock platform itself is not yet launched. The end of the 2018 will be a busy year for the company as there will be moving fast forward each and every month.
At the moment, PayPerBlock is in its private sale phase and they provide early investors even 50% bonus. Therefore, if you are planning to participate in their ICO, I highly recommend investing right away because you will get 50% more tokens now than during the actual ICO phase in September.
PayPerBlock ICO - Details Explained
PayPerBlock will issue their own cryptocurrency token that will serve as a currency on their platform that is called PAYB. The use PayB will give clients a discount when they buy services on the PayPerBlock platform.
There are other quite similar blockchain-powered freelance platforms that also provide their own cryptocurrency for users. One of them is called LanceChain. However, its purpose is also slightly different than PayPerBlock.
PayPerBlock will issue 10 billion tokens and the price of the PAYB token is $0,005. Early investors will get bonuses during the ICO as it is specified in the picture below:
You can earn also free tokens by referring other people to the ICO. PayPerBlock provides you and the referral both a 5% bonus. Let's say that you invite your friend for their ICO and he invests for $1,000.
You and your friend will both get 5% bonus which will be worth $50 for each person.
4,5 billion tokens will be issued during the ICO which is 45% of the all tokens. The rest of the tokens will be issued as it is explained in the image below:
It's good that 25% of the tokens will be held in the cold storage development in order to maintain the price of the PAYB token.
PayPerBlock has explained the use of the funds that they collect during the ICO clearly on their whitepaper.
1.PayPerBlock Enters a Booming Market
PayPerBlock is entering one of the fastest growing industries in the world which are freelancing and blockchain.
- Tremendous Growth of the Freelancing Industry
At the moment, the freelancer industry is already worth more than $1.5 trillion in revenue per year. More than 77 million people in the world it it define themselves primarily as freelancers.
Companies use freelancer services more than ever before in the history. Hiring a freelancer is often flexible and more cost-effective than hiring a full-time employee.
I have worked as a freelancer and I have been hiring lots of he freelancers and I have truly noticed the benefits of it.
I don't even need to believe that freelancing industry will grow because it's already a common known fact. Numbers show that the industry is literally booming.
- Blockchain Industry Is Booming Also!
In addition, PayPerBlock does not only benefit for the growth of the freelancing industry but also for the growth of the blockchain industry.
Blockchain industry is literally skyrocketing and the demand for highly qualified blockchain experts is tremendous.
I have seen job openings for blockchain programmers that offer them even $20,000 monthly salary.
Blockchain companies are screaming to find qualified experts. PayPerBlock answers to their needs.
2.PayPerBlock Provides Better Deals Than Its Competitors!
If you have used freelancer platforms, you probably already know that they usually charge significant fees between freelancers and business owners.
For example, on Freelancer you need to pay 3% fee as a client and 10% fee as a freelancer. This doesn't sound like much but in the long run it will add up.
Upwork charges even 20% from the freelancers and 2.75% from the clients.
PayPerBlock charges only 1% fee from clients if they are using their own PayB token and 2% fee if the clients are using Bitcoins.
The wonderful thing is that PayPerBlock doesn't charge anything from freelancers.
Let's say that you earn $10,000. On up work you would pay $2000 for fees but on PayPerBlock you don't pay any fees at all. In the other words, you have immediately earned $2,000 more because you did not need to pay fees.
See the comparison below between PayPerBlock and 2 major freelancer platforms Upwork and Freelancer.
As I far as I know, you cannot pay on Upwork or on other freelancing platforms with cryptocurrencies. But it will be possible on PayPerBlock.
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That's another benefit of PayPerBlock compared to these other major freelancer platforms.
3.PayPerBlock Has A Highly Qualified And Experienced Team
PayPerBlock is full of highly experienced developers and ambitious business-minded people who have 10-20 years of experience in their field.
This is not a team that is just trying to build their first big project. They have a huge combined experience and tremendous knowledge in this industry.
It's also worth noting that most of the team members are from Finland that has the best education system in the world. Therefore, team members are not only highly experienced but they also have a top-notch educational background.
I have traveled in more than 30 countries and lived for a longer time in many of them. I have noticed that the educational level in Finland is really much better than in most other countries in average.
As the CEO of PayPerBlock said, "If Finnish people start a project, they make sure they finish it successfully."
One of the biggest factors of a successful project is having enough team members to make things happen.
PayPerBlock has 12 team members and 3 strong advisors that have been part of several multi-million dollar companies including Nokia, Rovio and other ones.
The headquarters of PayPerBlock is in Oulu which is also the place where one of the most famous Finnish technology companies, Nokia, was rooted.
4.PayPerBlock Provides Security for Freelancers
I have been using several freelance platforms as a client and many of them provide 100% satisfaction guarantee for clients. It often means that if the clients is not satisfied with the work that he has received, he can refuse the job and the freelancer will be left without the payment.
I have seen many freelancers that have been frustrated because of this policy since they have spent a lot of time to do the work. If the client refuses to accept it, freelancer may not have much to do.
PayPerBlock will provide a 100% satisfaction guarantee for clients but also for the freelancers.
The blockchain Modell will enable them to keep the client's payment on hold until they have reached the solution that is satisfactory for both parties.
You can read more details about the benefits of PayPerBlock platform for freelancers in their whitepaper.
5.Benefits of Using Cryptocurrencies
Cryptocurrencies are all the time becoming more and more popular. Every year, every month and every week new people start using cryptocurrencies all over the world.
It is not a coincidence because they provide so many benefits compared to fiat currencies.
For example, international payments can be extremely expensive with traditional methods while they cost is very little by using cryptocurrencies.
In many situations, I have needed to spend lots of money on banking fees when making international payments. And I am not the only one...
Big companies are using all the time thousands of dollars just for the banking fees.
PayPerBlock accepts payments with cryptocurrencies which will provide a huge competitive edge for them in the long run. People will be happy to use their platform and save money on fees.
When the popularity of the cryptocurrencies and blockchain platforms will grow, also the popularity of the PayPerBlock project grows which can directly impact in their price.
PayPerBlock Is Still "Under-The-Radar"
Imagine if you would have invested in Bitcoin, Ethereum, Litecoin or another huge cryptocurrency when they were just starting out and nobody knew about them.
You would have made tremendous profits as an investor. At the moment, you can't expect anymore such big returns by investing in BTC, ETH or LTC because everybody is already talking about them and the prices are high.
Even though the awareness of the PayPerBlock is growing already extremely fast, it's still a bit "under-the-radar" providing a huge opportunity for early investors.
If you want to make maximal profits with cryptocurrencies, you need to invest in projects that are not yet in the mainstream.
When you invest in a project when nobody knows about it. The price is still low. But when the awareness of the project grows larger, the price will go to the moon.
Conclusion - Is PayperBlock (PayB) a Good Investment?
Personally, I think that PayPerBlock has a bright future and it may provide huge returns for early investors. The company enters a booming market and is has all the reasons to do well.
Their team is highly educated and has an extensive experience in the field. The roadmap of the project is clear and the end of the 2018 will be interesting to follow when they will be launching their platform.
More and more people will recognized the great work done by their team and the price has a potential to skyrocket.
I will continue following with an excitement the process of the PayPerBlock project.
What kind of experiences do you have with freelancer platforms as a freelancer and as a client?
Do you believe that PayPerBlock will become the #1 platform for blockchain freelancer services?
Let me know in the comments below!
If you have any questions, just leave a comment below and I will be more than happy to help you out.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. I have partnered up with PayPerBlock because I truly believe that this project will thrive.