PoLN seeks to revolutionize the labor market by building a decentralized, transparent, and autonomous global workforce using blockchain technology.
By eliminating intermediaries and leveraging cryptographic security, PoLN creates a trustless system where workers and employers collaborate directly.
Workers and employers can engage with each other directly through a decentralized autonomous organization (DAO), ensuring transparency in agreements, work terms, and transactions while reducing traditional intermediaries like recruitment agencies.
Employment agreements are automatically enforced using smart contracts, which define specific terms and milestones. These contracts guarantee that payment is released only when conditions are met, ensuring transparency and trust for all parties involved.
The platform integrates stablecoins (e.g., USDT, USDC), providing secure, predictable, and instant payments without the volatility often associated with cryptocurrencies, creating a reliable environment for compensation.
The $POLN token underpins governance, staking, and rewards within PoLN’s decentralized labor marketplace.
Fellowship members (agents, mentors, contractors) stake $POLN tokens to demonstrate their commitment to the project. This incentivizes high-quality delivery, as failure to meet terms can result in the loss of their stake.
Project owners (Initiators) don’t stake but provision the full payment for the project upfront. This guarantees that funds are available for fellowship members once project milestones are met, ensuring trust and payment security.
Fellowship members who deliver successfully receive $POLN tokens in addition to their stablecoin payments. Active participants are also rewarded through staking and governance activities.