{"id":603,"date":"2021-11-19T12:04:45","date_gmt":"2021-11-19T12:04:45","guid":{"rendered":"https:\/\/digitalcoinprice.com\/blog\/?p=603"},"modified":"2023-03-29T09:15:46","modified_gmt":"2023-03-29T09:15:46","slug":"fyd-announces-fydme","status":"publish","type":"post","link":"https:\/\/digitalcoinprice.com\/blog\/fyd-announces-fydme","title":{"rendered":"FYD Announces FYDme: A Crypto Based Platform For The Gig Economy"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #223c50;color:#223c50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #223c50;color:#223c50\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/digitalcoinprice.com\/blog\/fyd-announces-fydme\/#The_Future_of_The_Gig_Economy\" title=\"The Future of The Gig Economy\">The Future of The Gig Economy<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/digitalcoinprice.com\/blog\/fyd-announces-fydme\/#FYD_and_FYDcoin\" title=\"FYD and FYDcoin\">FYD and FYDcoin<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/digitalcoinprice.com\/blog\/fyd-announces-fydme\/#LBank_Exchange_Listing_on_November_23rd\" title=\"LBank Exchange Listing on November 23rd\">LBank Exchange Listing on November 23rd<\/a><\/li><\/ul><\/nav><\/div>\n<p><b>Amsterdam November 19, 2021<\/b><span style=\"font-weight: 400;\">&#8211;\u00a0 <\/span><span style=\"font-weight: 400;\">FYD is set to disrupt the gig economy with the BETA release of FYDme, a platform to cater to the gig economy and introduce newcomers into crypto by utilizing <\/span><b>FYDcoin<\/b><span style=\"font-weight: 400;\"> as the native currency for the platform.<\/span><\/p>\n<p><a href=\"https:\/\/www.fydme.com\" target=\"_blank\" rel=\"noopener\"><b>FYDme<\/b><\/a><span style=\"font-weight: 400;\"> is a feeless alternative to <\/span><b>Fiverr<\/b><span style=\"font-weight: 400;\">, or <\/span><b>Upwork<\/b><span style=\"font-weight: 400;\"> powered by blockchain and utilizing its native cryptocurrency FYDcoin. Created and run by FYD, a decentralized community of freelancers, marketers, and online content creators.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the last decade, the gig economy has been a growing source of income, particularly for Millennials and Generation Z. According to<\/span><a href=\"https:\/\/www.statista.com\/statistics\/531012\/freelancers-by-age-us\/\" rel=\"no-follow noopener\" target=\"_blank\"> <b>Statista<\/b><\/a><span style=\"font-weight: 400;\">, more than half of Generation Z is actively engaged in the gig economy, working on projects through centralized platforms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The gig economy is expected to generate more than <\/span><b>$445.2 billion<\/b><span style=\"font-weight: 400;\"> by 2023 and is growing three times faster than the traditional workforce. Furthermore, according to<\/span><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/global\/Documents\/About-Deloitte\/gx-dttl-2014-millennial-survey-report.pdf\" rel=\"no-follow noopener\" target=\"_blank\"> <b>Deloitte<\/b><\/a><span style=\"font-weight: 400;\">, millennials and Gen Z will account for 75% of the workforce by 2025, indicating the limitless opportunities associated with the gig economy.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Future_of_The_Gig_Economy\"><\/span><strong>The Future of The Gig Economy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since the introduction of blockchain technology in 2009, there has been one central word on the lips of blockchain enthusiasts who see the technology as the future of the world, and that is &#8220;Decentralization.&#8221; Decentralization eliminates the need for third-party interference\/intermediaries, which is common in today&#8217;s gig economy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The leading platforms, such as Fiverr and Upwork, are highly centralized and act as intermediaries in the gig economy, charging content creators and freelancers fees of up to 20%. FYDme is a decentralized ecosystem developed by FYD that eliminates the need for centralized third-party platforms, allowing freelancers to work with clients seamlessly and without incurring unnecessary fees.\u00a0<\/span><\/p>\n<p><b>FYD<\/b><b>m<\/b><b>e <\/b><span style=\"font-weight: 400;\">is FYD&#8217;s first use-case, a platform similar to Fiverr where freelancers can get gigs and be paid in FYDcoin, FYD&#8217;s native cryptocurrency. FYDme connects freelancers and clients at little to no cost by utilizing FYDcoin and the FYD blockchain; transaction fees on FYD are as low as a fraction of a penny. FYDme also offers its users a <\/span><b>staking feature<\/b><span style=\"font-weight: 400;\">, which allows content creators to stake their earnings as another form of passive income stream, with staking rewards paid out daily.\u00a0<\/span><\/p>\n<p><b>FYDme<\/b><span style=\"font-weight: 400;\"> allows users to create an <\/span><b>FYDcoin<\/b><span style=\"font-weight: 400;\"> wallet with only a google account, or working email address. This can be done on a mobile phone, tablet, or Desktop computer.\u00a0 After a one-click sign-up, users can send- and receive <\/span><b>FYDcoin<\/b><span style=\"font-weight: 400;\"> from their personal wallet.\u00a0<\/span><\/p>\n<p><b>FYDme<\/b><span style=\"font-weight: 400;\">&#8216;s user experience was designed to be appealing and convenient, as users can sign up with just their email address and receive FYDcoin instead of a lengthy generated address. FYDme is a cryptocurrency and blockchain technology hybrid that provides a decentralized solution for the gig economy. The public BETA release of <\/span><b>FYDme<\/b><span style=\"font-weight: 400;\"> is scheduled for <\/span><b>November 30th<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FYD_and_FYDcoin\"><\/span><strong>FYD and FYDcoin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">FYD has been around for almost 2.5 years now and has a growing community of people that are working towards the same goal. To create a decentralized and fair ecosystem for freelancers. The currency <\/span><b>FYDcoin<\/b><span style=\"font-weight: 400;\"> has been available on the exchanges from the beginning and has seen growth year over year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even with this recent growth, the total market cap of all circulating FYDcoins is still only $4.4 million USD. FYDcoin has its own <\/span><a href=\"https:\/\/explorerv2.fydcoin.com\" rel=\"no-follow noopener\" target=\"_blank\"><b>blockchain<\/b><\/a><span style=\"font-weight: 400;\"> and is not created on another blockchain such as Ethereum as a token.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the project is driven by its community of freelancers, the team behind FYD is ever-growing. From freelancer writers such as myself to front-end developers, video animators, to back-end developers and marketers. There is no central point of authority and the entire community contributes what it can to realize this decentralized ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project is self-funding through a community treasury which is built up by 10% of each block reward. without a board of directors, central ownership, or large VC funding demanding the direction of the project is as flexible as a startup.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"LBank_Exchange_Listing_on_November_23rd\"><\/span><strong>LBank Exchange Listing on November 23rd<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After a successful listing on <\/span><a href=\"https:\/\/www.hotbit.io\/exchange?symbol=FYD_BTC\" rel=\"no-follow noopener\" target=\"_blank\"><b>Hotbit<\/b><\/a><span style=\"font-weight: 400;\"> in October, FYD aims to maintain its momentum by partnering with <\/span><a href=\"https:\/\/www.lbank.info\/\" rel=\"no-follow noopener\" target=\"_blank\"><b>LBank.info<\/b><\/a><span style=\"font-weight: 400;\">, one of the most respectable crypto exchanges in the industry. LBank, founded in 2015, is the biggest exchange for FYD so far, with an average <\/span><b>daily volume of 1 Billion USD, over 6.5 million registered users, and 150.000+ daily active traders.<\/b><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On LBank FYD holders can trade FYD, but also participate in FYD trading competitions, airdrops, and many more promotional activities for FYD. Advantages for FYD holders to use LBank to trade FYD include, staking FYD on LBank to generate a passive income in FYD without having to download a wallet or signing up to FYDme.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Can\u2019t wait for the LBank listing on the 23rd of November?<\/b><span style=\"font-weight: 400;\"> FYD is currently available on<\/span><a href=\"https:\/\/www.hotbit.io\/exchange?symbol=FYD_BTC\" rel=\"no-follow noopener\" target=\"_blank\"> <b>Hotbit.io<\/b><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/exmarkets.com\/trade\/fyd-btc\" rel=\"no-follow noopener\" target=\"_blank\"> <b>Exmarkets.com<\/b><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/crex24.com\/nl\/exchange\/FYD-BTC\" rel=\"no-follow noopener\" target=\"_blank\"> <b>Crex24.com<\/b><\/a>,<span style=\"font-weight: 400;\"> and<\/span><a href=\"https:\/\/graviex.net\/markets\/fydbtc\" rel=\"no-follow noopener\" target=\"_blank\"> <b>Graviex.net<\/b><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">If you are a freelancer or looking to enter the gig economy, you can learn more about FYD, FYDcoin, FYDme, and its use cases through the channels listed below:<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Website:<\/span> <a href=\"http:\/\/fydcoin.com\" rel=\"no-follow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">https:\/\/fydcoin.com<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Platform: <\/span><a href=\"https:\/\/fydme.com\" rel=\"no-follow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">https:\/\/fydme.com<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Twitter:<\/span><a href=\"http:\/\/twitter.com\/Fydcoin\" rel=\"no-follow noopener\" target=\"_blank\"> <span style=\"font-weight: 400;\">http:\/\/twitter.com\/Fydcoin<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Telegram:<\/span><a href=\"https:\/\/t.me\/FYD_COIN\" rel=\"no-follow\" target=\"_blank\"> <span style=\"font-weight: 400;\">https:\/\/t.me\/FYD_COIN<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Youtube channel:<\/span><a href=\"https:\/\/studio.youtube.com\/channel\/UC-ZUflDz5fjfgL0ZumyIWWw\" rel=\"no-follow noopener\" target=\"_blank\"> <span style=\"font-weight: 400;\">https:\/\/studio.youtube.com\/channel\/UC-ZUflDz5fjfgL0ZumyIWWw<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Blockchain explorer:<\/span><a href=\"http:\/\/explorerv2.fydcoin.com\/\" rel=\"no-follow noopener\" target=\"_blank\"> <span style=\"font-weight: 400;\">http:\/\/explorerv2.fydcoin.com<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Whitepaper:<\/span><a href=\"http:\/\/fydcoin.com\/whitepaper_FYD_cryptocurrency.pdf\" rel=\"no-follow noopener\" target=\"_blank\"> <span style=\"font-weight: 400;\">http:\/\/fydcoin.com\/whitepaper_FYD_cryptocurrency.pdf<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Explainer video:<\/span><a href=\"http:\/\/youtube.com\/watch?v=OiauorY0yv4\" rel=\"no-follow noopener\" target=\"_blank\"> <span style=\"font-weight: 400;\">http:\/\/youtube.com\/watch?v=OiauorY0yv4<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Medium:<\/span><a href=\"http:\/\/fydcoin.medium.com\/fyd-official-links-a264958eb834\" rel=\"no-follow noopener\" target=\"_blank\"> <span style=\"font-weight: 400;\">http:\/\/fydcoin.medium.com\/fyd-official-links-a264958eb834<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Business enquiries:<\/span> <span style=\"font-weight: 400;\">partners[at]fydcoin.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amsterdam November 19, 2021&#8211;\u00a0 FYD is set to disrupt the gig economy with the BETA release of FYDme, a platform to cater to the gig economy and introduce newcomers into crypto by utilizing FYDcoin as the native currency for the platform. FYDme is a feeless alternative to Fiverr, or Upwork powered by blockchain and utilizing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":604,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-updates"],"_links":{"self":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/comments?post=603"}],"version-history":[{"count":5,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/603\/revisions"}],"predecessor-version":[{"id":2375,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/posts\/603\/revisions\/2375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media\/604"}],"wp:attachment":[{"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/media?parent=603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/categories?post=603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalcoinprice.com\/blog\/wp-json\/wp\/v2\/tags?post=603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}