AMA Session Recap (24 September)

CryptoTask
3 min readSep 24, 2021

Two weeks passed already from our very last AMA session! Let’s see what we’ve done in the past two weeks, as we had some pretty groundbreaking news to share with you, guys!

CryptoTask AMA Session Recap
CryptoTask AMA Session Recap

Q: What have you guys been focused on lately?

A: In the past weeks, we’ve been focusing on business development that yielded some fantastic results regarding various firms posting jobs on the platform. That being said, yesterday (23 September), we almost had a broken record of the job posted — a number of 12!

We were also focused on Google Ads and Brave Ads and polishing the escrow system, as it is soon to get launched. It is both a time and nerve-eating system implementation, but we’re getting closer to having the escrow system deployed and operational for our users.

We are working on many things in parallel, Tezos, platform growth, CEX listing, platform development, and we are making progress in all fields.

Don’t forget that we are working hard to bring real positive change to the world of online work, and the market will reward that.

A: What’s the escrow system status?

A: Some finishing touches are getting laid down, and the system is getting launched next week. Here’s an example of the escrowed jobs:

Escrowed job examples
Escrowed job examples

The supported currencies will be BTC, ETH, ETH stable tokens (USDT, USDC, DAI), BSC and BSC-supported stables, XTZ and XTZ stables.

The escrow system is where our platform shines, as both freelancers and workers will be 100% secure from now on.

Q: What does the introduction of the escrow system mean for the end-user?

We all understand the pain of losing money since we’ve freelanced a lot or simply not attempting to take on job opportunities because we don’t feel safe. CryptoTask is a massive game-changer in the freelance marketplace niche as it keeps its users safe and hassle-free.

Q: Can we see the growth efforts?

A: Growth is a highly complicated process, and Vuk is working on that; the results can be seen in increased users and jobs; for example, as Vedran said — we had a record number of jobs yesterday, that is all result of constant marketing, growth, contacts, working behind the scenes, etc.

You can see the activity on the platform itself. As we are expanding and priorities are somewhat shifting, which is a solid deal. Vuk is expanding his activities across other social networks and interacting with communities and their ambassadors, yielding ultra-positive results, such as yesterday’s milestone.

Q: What are the future biz-dev/growth plans?

A: Our idea for future growth is to accelerate the onboarding rate of clients (users who post jobs), as with the release of the escrow system, they won’t have to take communication offsite, use different payment solutions, and can stay on the platform.

We’ll quickly get input after the implementation of the escrow system and will adjust our strategy accordingly. If everything goes well, we’ll have buybacks occurring, and once that model has been proven to work, we scale the platform growth.

Q: What are Brave Ads about?

A: Since the introduction of Brave ads, our exposure is growing massively now, as we are getting around 3000 visits per day. Remember that a majority of those people are interested in crypto. Take a look at the Brave dash screenshot:

CryptoTask Brave dashboard
CryptoTask Brave dashboard

Thanks to everybody who participated in this AMA session. We’ll talk to you soon!

Make sure to keep up to date with everything we do!

🌎Website: www.cryptotask.org/en/info

Freelance platform: www.cryptotask.org/en

📢Telegram: t.me/cryptotaskofficial

🔔Telegram news: t.me/cryptotaskchannel

💼LinkedIn: www.linkedin.com/company/cryptotask

🐦Twitter: twitter.com/ct_task

📱Reddit: www.reddit.com/r/cryptotask

🔮Facebook: www.facebook.com/cryptotask/

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A decentralized freelance market with a fully scalable dispute resolution mechanism — gas fees not dependent on the number of tasks the platform handles.