HireVibes Joins the Bancor Network

HireVibes
2 min readOct 3, 2018

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HireVibes, a new crowd-sourcing Jobs DAPP being built on EOS is today announcing it will adopt the Bancor Protocol to provide continuous liquidity for the HireVibes platform. We will release the exact details at a later point in time of how many HVT tokens we will activate in the Bancor Network. By integrating the Bancor Protocol, HVT token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network. Here is a list of tokens/projects already on the Bancor Network.

Earlier this week, in a Roadmap Update post, the team developing HireVibes DAPP communicated that the HireVibe Token (HVT) Airdrop date has been moved out by a couple of weeks to mid Q4 in order to bring partnership and network opportunities to fruition. Well, integrating the Bancor Protocol into HireVibes DAPP is a great start and a sign of things to come.

About HireVibes

HireVibes aims to be the global decentralised marketplace for talent and service providers and in doing so, it will provide strong competition to the global centralised recruitment agency marketplace which today, has a market cap of over $450 billion USD annually.

HireVibes turns the traditional recruitment agency model on its head. To source suitable candidates, Typically an agency charges a 15% — 25% fee or margin to employers based on the salary or rate of the job being hired for. HireVibes DAPP on the other hand will incentivise the public crowd to source the best candidates by offering a 5% reward in HireVibes tokens. HireVibes Dapp will change a 7.5% fee to employers and redistribute 5% back with the successful candidate in HVT. The 5% reward includes a fixed 1% portion to donate to qualified charities and if the successful candidate was referred, then the 4% HVT reward is split between the successful jobseeker and referrer, so everybody wins — including the environment!

About Bancor

Bancor is the world’s largest decentralized liquidity network. Bancor functions similar to a decentralized exchange, with a key difference: orders are processed against automated smart contracts on the blockchain, instead of matching two parties in a trade. Any project can easily integrate their token by creating a Relay on the Bancor Network to automate fair and efficient token conversions for users, directly from their wallets. Tokens on Bancor are instantly convertible for one another, with 8000+ trading pairs across ETH, DAI, BNB & more. Bancor technologies impact organizations and people across the globe, from blockchain teams to token holders to real-world communities in Africa, Asia and beyond. Visit the Bancor Web App to convert tokens instantly, list your token on the Bancor Network or join the Bancor Telegram group for more information.

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