Time Swappers - Trade Your Time for the Best Monetary Value

Updated on September 05, 2019

Time Swappers is a unique freelance marketplace that enables users to perform exchange of services in a truly peer to peer manner. What it means is that service providers and service seekers on the Time Swappers platform are free to directly connect with each other, negotiate the terms of a deal and perform the exchange.

One of the major problems with the existing freelance platforms is that the service fee is very high. For each transaction or trade a user performs, he/she has to pay a significant commission in the range of 10-25% to the platform.

For instance, if you want to provide a specific service to a client via a traditional marketplace, you will be required to go through intermediaries. These middlemen will charge a commission or fee from whatever you earn by selling your services. Since the platform commission is very high, the actual service providers usually end up with much less than what they actually deserve. This makes them kind of demotivated, and rightly so.

So, what’s the solution?

Time Swappers offers a definite alternative, with which you can manage to keep most of your earnings. Here’s how.

What if there was a freelance marketplace where you could connect directly with a service provider or seeker? What if there was no high platform commission? What if there was a way to find better employment opportunities and deliver services in a fair & transparent way?

All that has been made possible by Time Swappers, which is a peer to peer marketplace for transparent exchange of services in the form of tokenized time.

Time Swappers has been created on the concept that when service providers and seekers are able to interact and transact directly with each other, they are no longer required to pay a commission to any third-party or agent. So, the earning of sellers will increase significantly and the buyer will have to pay less amount for the same service.

All the transactions (exchange of services) that are performed on the Time Swappers platform must be settled with Era Swap Token (ES). The benefit of using ES for payments is that all the transactions are recorded and can be easily verified in case of a dispute at a later date. This makes it a fair and transparent marketplace for the exchange of services.

Payments in the Era Swap Ecosystem (ESE) are managed by smart contracts. Time Swappers also uses a smart contract for securely holding the ES paid by a service buyer until the service is completed. After the service is delivered, the amount is automatically credited to the seller’s account by the contract. This makes Time Swappers a transparent platform where the payments are always processed on time by the automated smart contracts.

Still wondering how Time Swappers can help you get the best value for your time?

Well, let’s try to understand this with an illustration.

Suppose that you are currently using a freelance platform which charges a 20% fee from freelancers. Now, you take a job which will pay you $1,000 upon completion and requires nearly 100 hours to complete. So, your hourly income should be $10/hr. But you are also required to pay 20% platform fee, which leaves you with $800 for this job and your hourly income is limited to $8 per hour, even when you are working the same hours.

Now, let’s assume you move to the Time Swappers platform. You get the same job worth $1,000 of ESand take 100 hours to complete it. After deducting a minimal fuel fee of 1%, a small fee, you are still left with nearly $990 (worth of ES). So, your hourly pay is now $9.9/hr worth of ES. Isn’t that Cool? So, what are you waiting for?

To join and try it yourself today. Become a freelancer on www.timeswappers.com