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UMKA

Decentralized Labor Market

UMKA is an efficient project implementation and a team-building tool based on the blockchain technology. UMKA means financial safety for all users: all platform transactions use agile smart contracts based on blockchain technology. Secure deals are done using the customizable Agile Smart Contract methodology based on the EOS blockchain. AgileSC offers an opportunity for stage-by-stage project payments and agreed-upon amendments while guaranteeing efficiency and convenience for all parties involved. Freelancers can work on their own or in project groups, and can be paid in 15 cryptocurrencies as well as fiat currencies. UMKA takes a 1% commission from all smart contract transactions within the platform. Funds, gathered this way will be distributed among UMK token holders automatically.

2.8
1 0 expert ratings
Benchy 2.8
KYC
Experts
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~$1,000,000
value of tokens sold in ICO
Ended
Token
UMK
Price in ICO
0.1000 USD
Country
Whitelist/KYC
KYC
Restricted areas
Seychelles
preICO start
1st May 2018
preICO end
31st May 2018
ICO start
1st Jun 2018
ICO end
1st Dec 2018
Visit ICO website
Report

About UMKA

A high-performance blockchain with turing-complete and flexible smart contracts (AgileSC) along with the Byzantine fault-tolerant (BFT) Delegated Proof of Stake (DPoS) consensus algorithm based on EOS.IO

UMKA is a comfortable space for cooperation between employers and  freelancers that offers a wide array of useful tools integrated into its system:

  • digital passport contains user’s data. The data is stored on the blockchain. The digital passport contains all the information about about user’s skills and qualifications, his/her workexperience and a possible list of courses completed within UMKA platform sources. The digital passport makes easier for employers to find freelancers with the required skill set;
  • secure contracts using the unique AgileSC (Agile Smart Contracts) technology. Secure contracts are useful for making milestone payments as they make easier managing difficult long-term projects. In case of unforeseen situations, both parties can use UMKA Arbitration system to solve the issue;
  • arbitration system is a system for resolving the disputes that arise on the platform. The Arbiter is another kind of UMKA system user, a disinterested party with a sufficient rating on the platform;
  • expert communities — communities and disputes that arise during the working process are moderated by the users of the platform. Users who have attained a certain rating can become Arbiters to participate in disputes, and also participate in the platform’s development by conveying the opinions of the masses;
  • GNMT — Google Neural Machine Translation integrated in UMKA’s chat engine to help users from different countries communicate freely; 
  • project groups are for cooperation with groups of freelancers;
  • integrated  free online courses are a useful bonus for the users of the system that allows them to take online courses from world’s leading universities and learn new skills. The results are recorded in their digital passports;
  • 1% commission from all transactions within the platform. It is the lowest commision on the freelance platform market to date;
  • The UMK token guarantees participation in the distribution of the platform’s revenue. The token balance will be shown in the user’s wallet, and rewards will be accumulated proportional to the amount of tokens;
  • Bonuses are additional tokens given to the investor besides the purchased tokens as long as the investor has purchased a certain minimal amount;
  • Holding a number of Hackathons to attract employers, developers and mentors. UMKA partners will have the opportunity to define the topics of Hackathons.
  • Certificate of Incorporation - UMKA Planet Corp. is incorporated in the Republic of Seychelles as an International Business Company on the 17th day of April 2018;
  • A full package of legal documents: https://umka.city/documents/.
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ICO KYC Report
2 members invited
Timur Akhmedjanov
Failed
Sergey Sukhanov
Failed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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