Post
Topic
Board Announcements (Altcoins)
Re: [ChronoBank] [ICO] Blockchain revolution in the recruitment industry 🌟🌟🌟🌟🌟
by
Chronobank_Community
on 09/01/2017, 18:32:23 UTC
There is no mistake. They think that the 400,000 people are users which they clearly state...
Thank you for your answer!

Yes they are users, but there are always two type of users on the market (in this case labor trade market): consumers (who pay for service - for labor) and providers (of labor force - those, who receive the money).
Do you agree, that Edway Group (and it 400,000 workers) is a provider (of labor force) ?

If so, then what does ICORating mean with "without the added problems that come with finding consumers services"?  Where those consumers who eliminate the problems of the Chronobank's novel concept?


There is no problem finding labor hire companies who want to use the LH system either, there are 4 already signed up to do so.
Of course there is no problem with LOC (labor hire companies) as they are providers; of course they want to get money beforehand (before their work is done). The problem always is in finding the customers (employers in case of labor trade market)..

ICOrating was referring to having the ability to test on the existing 400,000 users, without having to get into consumers services to get people outside the system to test. This is a big bonus for any start-up project, to already have a large user-base in place to test with. Testing is free to users, they don't have to pay for the ability to test.

Labor hire companies provide labor for employers, they are the ones who sign up initially, they are the ones who agree to issue LH tokens, not individual employers. If you are going to make an attempt to cherry-pick a soundbite or two to use in an attempt to introduce fear, uncertainty, and/or doubt; you need to find something else. Neither of these points are it.