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Decentralized Home Service Platform Taskfair Launches TFT Token

|Includes: GrubHub Inc. (GRUB), LYFT, UBER

Summary

“Ultimately, we will be providing a mass-market, breakthrough P2P product that can completely redefine the home-service industry,” Popov said.

Taskfair’s business plan is to use Ethereum based smart-contracts to increase transparency and ensure service delivery.

If all goes as planned, Popov and his team hope to expand worldwide and create a peer-to-peer (P2P) marketplace for maintenance and other home services.

The hope is to use blockchain technology to makehiring a gardener or a caterer as fast and as easy as hiring a car from Uber orLyft.

Another good way to think of Taskfair is as a blockchain-based combination of Angie’s List and Lyft.

December 7, 2017 – It may soon be possible to hire a handyman, a cleaning woman, or a hairstylist on the blockchain. Startup Taskfair is building a decentralized Gig-Economy platform for home services on the blockchain.

“The goal of this campaign is to get more people to use our platform, thus eliminating the middleman in-home services and to encourage them to adapt to the blockchain technology for their benefit,” Taskfair CEO and co-founder Pavel Popov said of his company’s initial cryptocurrency offering or ICO.

Taskfair is building a blockchain-based platform designed to connect local businesses and professionals with customers. The initial plan is to roll the service out in 10 American cities during the first year of operation.

Uber or Lyft of Home Services Planned

If all goes as planned, Popov and his team hope to expand worldwide and create a peer-to-peer (P2P) marketplace for maintenance and other home services. Taskfair’s website lists a wide variety of services including cleaning, laundry, auto repair and service, personal training, delivery, shipping, home office, photography, boat service, and even software.

“Ultimately, we will be providing a mass-market, breakthrough P2P product that can completely redefine the home-service industry,” Popov said.

Taskfair’s business plan is to use Ethereum based smart-contracts to increase transparency and ensure service delivery. The Taskfair DAapp product is designed to make generating and executing such contracts as easy as ordering lunch from Grubhub.

The plan is to build a blockchain-based P2P marketplace that will connect customers with service providers. The hope is to use blockchain technology to make hiring a gardener or a caterer as fast and as easy as hiring a car from Uber or Lyft. Another good way to think of Taskfair is a blockchain-based combination of Angie’s List and Lyft.

Taskfair Token Presale is Underway

The presale of Taskfair’s TFT token is scheduled to start on December 10 and run through December 31, 2017.  

The public sale or token generation event for of the TFT Token is scheduled to begin on January 3, 2018. The goal is to raise about $1 million during the initial phase and 10 million through the Token Generation Event.

The TFT is an ERC20 (Ethereum-based) token with an initial Coin Price of 10¢ each. Persons that buy TFT after December 31, will have to pay the full price, those who purchase early can receive the following discounts: 40% in week one, 30% in week two, and 20% in week three.

TFT Tokens can be purchased with fiat currencies, Ethereum, and Bitcoin (BTC). The minimum contribution is .1 ETH. People that purchase TFT during the first week of the Token Sale will receive a 10% discount, those buy during the second week of the Token Sale will receive a 5% discount.

“The money will be also used to enhance the product, including its web interface and the smart contracts prototype,” Popov said of the token sale.

The TFT Tokens can be purchased directly at Taskfair’s website or through the EtherDelta cryptocurrency exchange. TFT may also be made be available through other exchanges. A Hard Capitalization of $10 million U.S. and a Total Supply of 200 million tokens are planned for TFT.

Social Media Bounty Campaign Planned for Taskfair

“Raised funds will help us launch an aggressive, large-scale marketing campaign to attract users from the crypto world and the general home services market,” Taskfair CEO and co-founder Pavel Popov said of his company’s token generation event or TGE.

The marketing campaign will include what Popov calls a unique social media bounty program. The bounty will consist of TFT tokens in an attempt to facilitate their use. Taskfair will set aside four million TFT to use in the bounty which will be paid to social-media users that promote Taskfair.

If you want to see what Taskfair looks like, its website and platform can be seen here: TaskFair

Full details on the TFT Tokens and sale are available here: TaskFair Token Allocation Event

Taskfair’s Whitepaper contains a full description of its products and services. The Whitepaper is available in PDF format here: http://tokens.taskfair.com/Taskfair_WP_0.9.pdf

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.