Gooreo

<p>In recent years, the internet freelance economy has exploded, largely owing to changes in working practices and attitudes toward cost-effective business solutions. The bitcoin market has been growing at an unprecedented rate. According to publicly available data, around 5,300 distinct types of cryptocurrencies are exchanged mostly on market, totaling more than $200 billion in market value. According to industry study forecasts, the worldwide bitcoin payment ecosystem would be valued at 630 million US dollars by 2025, with a double-digit annual growth rate of 23.4 percent between 2020 and 2025.</p><p>Things are improving, and employees may now be paid in virtual currencies like Bitcoin or Ethereum instead of traditional fiat money. It removes the stumbling block of how freelancers are compensated for working for customers in other countries. It becomes easier to locate customers willing to pay on your terms.</p><h3 id="gooreo-as-a-future-changer">Gooreo as a future changer:</h3><p>Gooreo is a pioneer marketplace platform for worldwide freelancers that allows for flexible, quick, and cost-effective bitcoin payments. A ground-breaking autonomous crypto hub that performs fast transactions at minimal cost with no hidden fees. The Gooreo coin powers the Gooreo platform. Furthermore, Gooreo hosts a built-in DeFi investing engine for crypto investors, GoFioo.</p><p>GoFioo — a DeFi kernel for global investors — is hosted on the Gooreo platform. GoFioo is an investment wallet and a Gooreo token staking depository for worldwide investors interested in staking Gooreo currency. Within GoFioo, the Gooreo token will be the processing cryptocurrency for payment or investment. Global investors can invest in any cryptocurrency (e.g., BTC, ETH, BNB, BUSD, etc.).</p><h2 id="header-0">Benefits associated with cryptocurrency and Gooreo:</h2><ul><li>Paying Employees Could Be More Convenient with Cryptocurrency</li></ul><p>Managing payroll for a remote team of employees who reside in different parts of the world may be a huge burden for a remote team employer. . Consider having to pay your employees by translating your dollars into hundreds of different foreign currencies.</p><p>Transacting across borders isn’t nearly as complicated as changing currencies.. Cryptocurrencies now allow for instant cross-border transactions at little or no cost. Because Bitcoin transactions are public, anybody can view the transaction information and determine the status immediately. Eliminating banks saves money for both the company and the employee, creating a win-win situation.</p><ul><li>Cryptocurrency As a Payment Method</li></ul><p>One of the most common accusations towards cryptocurrency is that it has no inherent worth. Indeed, the value it has is the value it receives from the rest of the world. The same might be said about global fiat currencies that abandoned the gold standard long since.</p><p>For years, proponents of gold holdings have known that excessive money production will cause currency depreciation. They use gold to hedge against inflation and keep the government out of their bank accounts since gold has a limited supply and has historically been regarded as precious.</p><p>Coins are held by some of the most ardent cryptocurrency users for many reasons people retain the gold. The biggest difference between the two is cryptocurrency’s infancy, with no track record of long-term worth.</p><p>Crypto excels at the ability to keep your coins safe utilizing an offline wallet and having a finite quantity that drives exponential value growth as demand rises. With the capacity to rapidly move coins anywhere on the planet, cryptocurrency’s demand and total value may rise, making it a popular form of payment in commercial and peer-to-peer worlds.</p><h3 id="why-consider-using-crypto-through-gooreo">Why consider using crypto through Gooreo?</h3><p>Because crypto has certain basic qualities, it can have a significant influence on this market.</p><ul><li>Global payments with no borders</li><li>Payment is made instantly, and there is a minimal payment cost.</li><li>There is no currency exchange issue.</li><li>As with international transfers, your money travels from bank to bank and takes days to reach your account, with exchange rates set by banks (Most of the time, you will not be happy with that).</li></ul><p>Gooreo handles this by transferring money directly between the customer and the freelancer. You are no longer obliged to pay a significant payment penalty. This is quite powerful.</p><p>16 percent of freelancers want to be paid more quickly. This is understandable given the potential risks associated with internet payments. In the instance of Upwork, the user must wait for the client to approve the payment, then wait 5 days for the cash to enter their account, and finally wait for the bank to complete the payment. This will most likely take a few weeks.</p><p>Payments with cryptocurrency are quick, even between nations. This is advantageous for freelancers since cryptocurrencies can be exchanged, and cash can be withdrawn and spent immediately following confirmation.</p><p>Cryptocurrency also gives 39 percent of the world’s unbanked population access to financial services. Millions of individuals can now use the Internet, yet banks cannot. The bitcoin market eliminates the need for banks.</p><h3 id="benefits-for-freelancers">Benefits for Freelancers</h3><ul><li>Money enters the wallet more quickly.</li><li>Lower commissions imply that earnings may be increased or interest rates can be reduced to improve competitiveness.</li><li>Millions of individuals who do not have access to banks can participate in the freelancing economy.</li><li>Tokenized reputation means that reputation Equals money, and consumers have a vested interest.</li><li>Because there is less centralized control, business and income are safer and will not be unfairly deprived.</li></ul><p>Gooreo believes that freelancing platforms will begin to embrace blockchain and cryptocurrency when it comes to being paid. Cryptocurrency might be used to compensate freelancers. And blockchain has many potential benefits for freelancers and those who work with them. For example, blockchain might be used to monitor freelancer work inside a platform and their previous project history and how successfully they performed the task.</p><p>Payments done using blockchain technology will be significantly faster. Well-known payment processors might take several days to transfer money into a freelancer’s bank account. Of course, you could pay a larger fee to access the money faster, but that’s not very enticing when costs are already stacking up. Using blockchain, the transactions might be sped up to receive money in minutes rather than days.</p>

Why $Gooreo Going To Change The Freelance Game?

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