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Throw away your resume! The new dynamics of talent acquisition

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Skyllz
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One of the perks of constantly writing about great projects is that you take witness to how the world is evolving in so many different ways. As a reader, the information which you read in an article is presented within a five-minute window. On either side of this window is a tidal wave of information being thrown at you from every angle. It’s hard to really contemplate how things are changing in the world when you don’t take the time to really delve into them. Life can evolve in front of our eyes but because the mind is constantly engaged on so many different things in every moment of the day, we don’t fully appreciate the things which are happening around us.

The employment structure has transformed

Undoubtedly, one of the biggest paradigm shifts in our present era is the dynamic shape of the employment structure. Businesses used to be strictly in-house operations, who looked to employ the best local talent to work on their business premises. The evolution of the internet then opened up a new world. A worldwide talent pool for businesses to select from and also a gateway to financial freedom for anyone who desires it. Everybody now has a world of employment options at their disposal. We are no longer tied down to a 9–5 structure in a job we dislike anymore. The world is free to pursue anything they want to do and have an essential toolbox by their side known as the Internet to guide them every step of the way. A huge percentage of people today are doing just this. In the USA last year, 57.3 million people contributed $1.4 trillion USD to the US economy through freelancing.

Today, the workforce of a company can be extremely diverse with employees spanning across the world. The best talent available isn’t always on your doorstep. Businesses can now easily source the best of the best from all corners of the globe to operate in a working structure most suited to get the job done. The Internet provides them with a tactful, resourceful and extremely versatile workforce. The downside to this process, however, is having to pay excessive fees on various staffing, payroll and recruitment platforms. Third party payment providers charge a fee of 2 -4% of the transaction value, reducing the overall budget for a company and affecting the amount workers will earn for every job they do.

Skyllz has put an interesting twist on the future of talent acquisition. Rather than having a resume or a CV, which an individual will construct and send to applicable jobs, the Skyllz platform is a hub which showcases the talents of that individual. This shifts the focus of acquisition from the qualifications a person possesses on paper to a proof of skill format, where employers can physically search and create work examples to fit their needs on the Skyllz platform.

The Skyllz platform works as a double-edged sword, bringing inherent benefits to the workers and employers operating on it. Due to the acceleration of technology over recent years, we have seen a host of data related jobs, new coding technologies, and new marketing techniques. Many people who have solid experience in these areas, don’t necessarily have a qualification to go with it. Which could be due to being extremely busy in these fields and gaining valuable experience. The Skyllz platform allows workers to forget about building their resume and concentrate on the work which they do so well. To showcase their talent through actual work examples on the platform and build an online portfolio.

Employers now have a structure which allows them to cherry pick the best talent and they can also create challenges for prospective workers to undertake. Getting rid of the painstaking process of sifting through hundreds of CV’s and instead of having a dynamic acquisition ecosystem. Allowing them to pick the best talent based on the key skills they desire.

The team behind the Skyllz platform are the creators of Workkola, a talent acquisition platform with over 20,000 students and more than 1,500 companies on board. Due to the inherent benefits that blockchain technology will add to the talent acquisition ecosystem, the team at Workkola created the Skyllz platform.

Skyllz have scheduled their ICO for the SKT token

When – The ICO is scheduled to happen in Q3, 2018. Exact dates are still to be released.

Token – SKT

Price – 1 ETH = 40,000 SKT

Supply – A total supply of 1.6 billion tokens will be created, with a maximum number of 800 million (50%) tokens to be sold

Platform –  Ethereum

Accepting – ETH

Hardcap –To be announced soon

A link to the Skyllz whitepaper

Where to participate in the Skyllz ICO

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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