Hiring is broken.

We're not touching that with a 10 foot pole, we're building it from scratch.

HYVE — a DeFi centric autonomous ecosystem built on top of the multi billion workforce industry.

"...the key reason is perhaps their capacity to genuinely understand 2 major driving forces: new technologies and how to build a community around them."

How One Millennial Shaped Blockchain Marketing — The Startup

HYVE (/haiv/) — noun.

A teeming crowd.

a place swarming with activity.

What is HYVE?

HYVE is a community-governed ecosystem that solves the current problems in the global multi billion freelance and workforce market, leveraging the power of decentralized technologies while adding new features and mechanics that are non-existent on any current platform.

Governed by the Community, using crowd wisdom.

Protocol Enabled, for a whole new realm of tasks.

Fee Sharing, with 100% available to token holders.

Decentralized Teams, for trustless collaboration.

9/5 Jobs, bringing recruiting agencies to the 21st century.

Offers, allowing you to sell your service packages.

Agents, getting rewarded for finding candidates.

P2P Legal Agreements, making sure that NDA is valid.

$ 350 B

ESTIMATED MARKET SIZE

2023

$ 100 B

CURRENT MARKET SIZE

The Opportunity

Worldwide research and advisory company Gartner assessed that with current platforms not yet ready for the imminent change, people starting to work independently will need platforms with functionality lacking in current solutions.

Unspecialized Employees

Having the manpower to correctly handle the disputes of hundreds of different freelancing categories is impossible using current systems.

Biased Disputes

Because disputes are handled by company employees, the system is inherently biased, favoring the occurrence of a trade.

Centralized Governance

Freelancers and workers have no say or control over the platforms and hiring agencies they use daily.

Proprietary Models

Posting something outside of the fixed model of each platform isn't possible. Users have to switch providers, losing all the built up history and credibility.

Problems & Solutions

Breaking the barriers and enabling the full potential of the workforce industry.

High Fees

The industry average fee is 25%, without taking into account a payment processor fee (Paypal, Bank). Between 1/3 and 1/4 of your budget is spent on fees alone.

< One Paypal Transaction

If you’re paying a job or task in HYVE tokens, the fee is 0%. Paying in ether or other tokens is also possible, with a commission that is below the percentage of a single Paypal transaction.

Data Leaks

With all of your data living on a centralized server, the possibility of a breach or leak is very high, and with 1 in 4 people finding themselves victims of at least one data breach, this is a real issue.

P2P Encryption Storage

Files and data lives on IPFS nodes, encrypted using asymmetric encryption, not on a central server. Communication happens peer-to-peer, directly between parties, with no middlemen.

Slow Settlements

It has become ordinary for freelancers to wait weeks just to withdraw their earnings to a payment processor, and if for any reason a dispute arises, it can cause severe damage for the freelancer.

Permissive Architecture

On HYVE, your own funds as soon as a job or task finishes, no waiting times, no complicated processes and no intermediary payment processor.

Low Reach

A global frelance market is supposed to go beyond borders, increasing the chances of finding the right people. However, even the current market leader, Adecco, has a coverage of less than 1/3 countries.

Global Outreach

HYVE is an end-to-end workforce ecosystem. It also functions as a full-fledged hiring agency, with agents constantly looking to connect candidates and open jobs. Due to its nature, HYVE is a truly global agency starting with day 1.

Lack of Trust

In the US the cost can get up to $4,000 per employee. This results in agencies not even giving some candidates a chance for an interview, to avoid losing time and money.

Inclusive by Default

Due do its distributed nature, HYVE is inclusive by default. The blockchain does not care where you live or where you come from.

Problems & Solutions

Breaking the barriers and enabling the full potential of the workforce industry.

High Fees

The industry average fee is 25%, without taking into account a payment processor fee (Paypal, Bank). Between 1/3 and 1/4 of your budget is spent on fees alone.

< One Paypal Transaction

If you’re paying a job or task in HYVE tokens, the fee is 0%. Paying in ether or other tokens is also possible, with a commission that is below the percentage of a single Paypal transaction.

Data Leaks

P2P Encryption Storage

Files and data lives on IPFS nodes, encrypted using asymmetric encryption, not on a central server. Communication happens peer-to-peer, directly between parties, with no middlemen.

Slow Settlements

It has become ordinary for freelancers to wait weeks just to withdraw their earnings to a payment processor, and if for any reason a dispute arises, it can cause severe damage for the freelancer.

Permissive Architecture

On HYVE, your own funds as soon as a job or task finishes, no waiting times, no complicated processes and no intermediary payment processor.

Low Reach

Global Outreach

Curious about how these problems (and more) are being solved?

People using HYVE

Pick your role in the HYVE ecosystem

Holder

User

Team player

Host

Agent

The Team

Meet the working bees

Tudor Stomff

Chief Executive Officer (Founder)

Dominic Burghelea

Chief Technology Officer (Founder)

Brad Yasar

Chief Strategy Officer (Founder)

Anca Udangiu

Chief Marketing Officer

Adrian Asevoaia

Chief Financial Officer

Alexandra Voiculescu

Project Manager

Frank Frausto

VP of Digital Marketing

Hrant Jaghinyan

Creative Director

Ionut Dobos

Backend Architect & DevOps

Cody Lamson

Head of Blockchain

Nour Haridy

Senior Solidity & JS Developer

Vyacheslav Bikbaev

Full Stack Developer

Petronela Dumitrescu-Bucsa

Office Manager

Zac Cheah (Pundi X)

Advisor

The Platform

Open, Flexible and Secure.

Client

The main goal of the Client is to build upon the web version, enabling more functionalities and a user experience that is not possible for a Dapp through a regular web browser. Moreover, it also serves as a wallet, staking node and smart batching engine.

Protocol

The HYVE Protocol is a new and sleek way to implement external tasks that, by nature, are self-verifiable. An AI could post a job for people to train it, you could create your specialized micro-task platform using the Protocol, the possibilities are literally endless.

Core

The HYVE Core is a collection of smart-contracts and standards that collectively form the base of the ecosystem. It serves the same role as the backend part of a centralized application — only public, verifiable and governed by a set of open rules instead.