Empleos.io is a new technology platform that brings Blockchain and Machine Learning into the online recruiting market. Our platform transforms traditional recruiting process into a decentralized blockchain environment. It simplifies and incentivizes the “job seekers” in their career search while offering time and cost saving advantages to employers.
Our platform intends to disrupt the hiring process where the employers no longer need to buy access to resume databases from big jobs portals. They pay a small fee (in tokens) directly to a job seeker eliminating the need for intermediaries. Further, users of Empleos.io have the opportunity to earn tokens by using our platform.
We introduce our utility token PLEO which is used for all the payments between platform users. PLEO mission is to become a standard means of payments on Labour Market including Online Recruitment, Freelance Jobs, Payroll and third-party value-added services. Our goal is to create a seamless experience for users, popularizing use of cryptocurrencies among people who are still not aware of crypto market and its opportunities.
Contrary to how Bitcoin works, there is no need to mine new tokens or use high computational power to run our platform so it has almost zero impact on the natural environment (green).
Empleos.io platform is a working MVP which is currently on beta stage of development. The long term goal of our project is to expand the platform globally to all major domestic online recruitment markets.
Real talent is becoming extremely difficult to find and hire. There’s a lot of competition in the market. Both employers and recruiting agencies struggle to find and hire the right candidate.
Solution: Empleos.io platform incentivizes candidates to submit their resumes to our database offering token benefits even to candidates who do not look for a new job but could accept an attractive job offer.
Low quality resumes
Big jobs portals are full with low quality (empty, incomplete, low-trust) resumes. Some employers are discouraged in using resume search functionality because of this issue. It’s very time-consuming task for a hiring manager to come across many resumes of questionable quality.
Solution: Empleos.io platform encourages candidates to have high quality trustworthy resumes by using point based reward system, machine learning and human resumes assessment.
High hiring costs
Employers and recruiting agencies pay a lot of money to big jobs portals for accessing their resume databases. The overall hiring cost is increasing constantly.
Solution: Empleos.io platform disrupts the way employers are accessing candidates resumes and significantly lowers the cost of this process offering direct access to a resume for a low price paid directly to a candidate.
Closed technology platforms
There are a plenty of technology solutions for the online recruitment market and the vast majority of them are closed platforms. Once employers adopt a specific platform they become stuck with it because moving to another one is painful and expensive. Many of those platforms use outdated technologies. There’s no opportunity for third-parties to offer alternative tools for those platforms.
Solution: Empleos.io platform is completely open. It offers a comprehensive API for any third-parties who wish to develop alternative tools and solutions for Empleos platform.
Empleos.io platform will contain the following structural elements:
- Blockchain (based on NEM) for storing transaction data
- Global Job Board
- Decentralized database for storing users profiles data
- Deep machine intelligence for resume profile analysis and search optimization
- Mobile client apps for Android and iOS
- Open API for third-party developers
We intend to use cutting edge deep learning algorithms to screen and approve profile creation process. We believe that by leveraging deep learning algorithms we can improve the quality of candidate profiles listed on empleos.io site and also reduce the time and cost it takes for employers to find the ideal candidate.
PLEO mission is to become a standard means of payments on Labour Market including Online Recruitment, Freelance Projects, Payroll and third-party value-added services. Our goal is to create a seamless experience for users, popularizing use of cryptocurrencies among people who are still not aware of crypto market and its opportunities, create a positive social impact and contribute to the ongoing crypto revolution.
- Token utility value growth is provided by the constantly increasing demand for the token on the market and by regional expansion. Our primary audience is not the existing crypto community but the people (candidates and employers) who are still unaware of crypto market and its opportunities.
- We will have the working platform by the end of the Token Sale Events and all the funds raised will be actually used for further development and global expansion.
- We are ready to deal with regulatory and compliance issues.
- We create a world class technology with high security level.
- Financial risks: token liquidity and ROI rate are driven by growing market demand so the chances of the token prices dramatically going down are almost eliminated. We are aware of volatility risks on the early stage of the product roll out and we will use buyback and burn mechanism to keep the token rate stable.
- Regulatory risks: as long as we are creating a global platform we can manage regulatory issues by changing priorities in our regional expansion and dealing with compliance issues on individual basis. We are sure that many of the country-specific regulatory issues will be resolved in the nearest future.
- Development risks: we have an experienced development team which was able to develop the beta version of the platform in short time and we are absolutely sure that we can develop all new features in a timely manner.
- Security risks: we emphasize on security in the development process, moreover we will run independent security audits and reviews on a regular basis.
Global Stats (USD, 2017)
- Global Annualized Net Income > 70 tn
- Recruitment and Staffing Market 461 bn
- Online Recruitment Market 13.5 bn
- Total Supply - 140,000,000 PLEO
- Offered to public - 84,000,000 PLEO
- Private Sale rate - $0.25 (50% discount)
- Pre-Sale rate - $0.375 (25% discount)
- Main Sale rate - $0.50
- Global Platform with multilingual support
- Wide scope of platform use cases
- Founders experience: 20 years in Online Recruitment, Software Development, Digital marketing, Product Management, 2 years in Blockchain Technology
- Experienced and ambitious development team
- Unique idea - employers pay directly to candidates for accessing their profiles
- Existing resources and partnerships in the Online Recruitment market, ready for global expansion
- High utility value
- Self-sustainable due to growing market demand
- Token mission is to become a standard means of payments on the Labour Market
- Leveraging NEM Blockchain features
- Liquidity manageable by Empleos team
- Risk management in all areas - tokenomics, security, technology and regulatory