Gig Economies & Blockchain Technology: The Evolving Story of Latium

There’s no denying the astronomically huge momentum gained within the cryptocurrency markets as of late. Many people who did not know the first thing about a Bitcoin, Blockchain or Mining are now discussing on a daily basis, checking portfolio value and reaping the rewards of a still evolving marketplace. This has not only been positive for the market value of crypto currencies, but also for the mainstream investor confidence and adoption of the digital currency concept.

Daily trading volume has skyrocketed with varying alternative (or “alt”) coins as of late. Tronix (TRX) shown above.

While early investors have been trading varying currencies for quite some time now, the over-arching issue has been daily use adoption of blockchain tech as a whole. Each and every ICO promises the latest and greatest real world application, but many times are bogged down with over eager road maps that are unrealistic in their application development and design.

Enter Latium.

bit.ly/LATX-LATIUM

Crowdsource the future.

Latium aims first and foremost to develop a platform by which Employers can create tasks, and for Employees to apply for and complete. Think of this as the Fiverr of blockchain tech. Even further, however, the ambition of Latium is to expand past industry skill specific tasks (Graphic design, application programming, copy proofing, etc.) and into even more accessible “One to Many” contract tasks.

The information available lists possible use cases as simple as attending a restaurant grand opening, or placing flyers within a specific geo-tagged location. What this allows for is a further expansion of Smart Contract technology for a peerless reputation system and expedited form of payment confirmation.

Latium has constructed an achievable roadmap for daily use adoption of cryptocurrency, regardless of whether the user cares to understand the underlying tech utilized throughout.

This real world scenario usage allows for two ever increasing industries to merge into one very feasible product.

As noted in their whitepaper:

The LatiumX (LATX) ERC20 token will be the established form of payment on the platform. Payment for tasks completed on the Latium platform will be credited in real-time using LATX, meaning the LATX coins will have to be purchased by employers in order to create new tasks in the system.

The gig-economy workforce is only continuing to grow. As noted in March of 2017:

“The gig economy…is now estimated to be about 34% of the workforce and expected to be 43% by the year 2020,” Intuit (INTU) CEO Brad Smith said Wednesday on an earnings call. “We think self-employed [work] has a lot of opportunity for growth as we look ahead.”

This growth is only expected to continue as noted:

“Specifically driven by the newer online platforms, there are about 4 million quintessential gig workers, research from Intuit and Emergent show. They expect that to grow to 7.7 million workers by 2020.”

Available via: http://money.cnn.com/2017/05/24/news/economy/gig-economy-intuit/index.html

From my own personal experience, Latium’s team has been helpful and transparent within their Telegram group, always eager and able to answer any questions I may have in regards to the product, token, or transfer issues. This dedication and transparency is not always seen in ICO’s as of late and was a major deciding factor in my own personal investment in the project.

From the Whitepaper you can see a general allocation of token funds as noted below:

The opportunity to get in with Latium is far from over. Recently, Latium announced changes to the LATX pricing structure due to the increasing price and volume of Ethereum. As noted below, general sale pricing can be seen accordingly, with all unsold tokens to be burned.

As a long time Multimedia designer and IT professional, I have utilized gig-economy driven sites for years and greatly look forward to Latium’s full market release. Having seen many ICO’s come to market, Latium is one of the first I’ve found that has a lower general public adoption barrier to climb. With a solid team, great advisory board and already released Alpha platform, Latium is listed within my top ICO’s to watch in 18'.

For a further synopsis of the project, I would recommend their project outline video as seen below:

About Me (Kevin Steele):

I am currently an IT Professional with over 10 years experience spread across multiple fields including IT, Graphic Design and Marketing. I am a cryptocurrency enthusiast and all around geek and currently reside in the heart of the Midwest, Indianapolis, IN.