A place where everyone is talking about DeFi and NFTs, we go back to the days which gave fire for the creation of such architecture, which helps us push the limit of finance. Pentonium is an approach to bring the core feature of Blockchain that is a trustless system.
Pentonium is not the only decentralised freelance platform, of course, it's been tried a few times. But Pentonium is the only live platform over Ropsten with such user experience. Even being a decentralised platform, it doesn't make you feel different from a traditional platform. Pentonium uses the same approach as Fiverr to list Service Providers and allow Clients to chose from their past record and price.
Why Pentonium is not just another decentralisation crap?
The idea never came as to make the platform decentralised ( Dapp ). The first issue that team recognised was about the biased decisions happening over the centralised platform during a dispute. The team suggested a democratic way to resolve this dispute by voting over a selected member from the community, making the process more transparent.
Going ahead we realised that that's not the only issue, Because of the heave servers needed by such platform to store files from the orders and the Chat that needs to be facilitated between Client and Service Provider, the fee that the platform charge is 20-25% ( Fiverr ). Which is too bad, upon which some platform also puts on minimum withdrawal limit, discouraging small Service Providers.
That's when the team came up with a solution where files could be stored over IPFS and chat can be facilitated by SkyDb, using an escrow smart contract it was now possible to send instant funds to the Service Providers. The entire structure reduces the cost to run the platform even on a large scale. Pentonium was born.
We have launched a small MVP over Ropsten, which consist of posting a job, placing an order and chats. We would love to know what you guys feel about it, honest response are appreciated.
Do join our community and spread the word. ️️