Official Press Release

Lanceria raises $1M to launch crypto-friendly gig marketplace, commission-free for freelancers

Lanceria taps advanced tech to beef up transparency and flexibility for all stakeholders in the rapidly expanding gig economy, while also introducing the option of paying in and earning crypto

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Bucharest, June 2021Lanceria, a gig-economy marketplace featuring AI functionality, unveils its crypto-friendly platform offering freelancers and their employers near-instant payment options, minimal commissions for sellers and buyers, and a machine learning-based recommendations system. The platform will be powered by Lanceria’s native LANC token, based on the Binance Smart Chain (BSC), which already garnered $1 million in presales and is set for a launch in the coming weeks. LANC is slated to launch on June 16th on DigiFinex.

Freelancers are projected to make up more than half of the U.S. workforce by 2027, according to Statista, in a trend driven by the demand for flexibility and independence, as well as rising unemployment during the pandemic. Most of the available gig marketplaces slap a fee of up to 20 percent of their earnings on freelancers, who also routinely face payment delays of up to four weeks. The buyers are forced to pay overhead and often lack the hiring decision-support tools to pick the best freelancers for the job. 

Lanceria changes the gig economy paradigm by dramatically slashing commissions for both freelancers and service buyers, with the former relieved of any fees to focus entirely on the gig. For employers, the platform will charge between $1 and $5 for fiat transactions and two percent for crypto. Lanceria will speed up the payment process for both options, with fiat rewards taking up to a week to go through and crypto being processed instantly. Through the use of smart contracts, the platform will allow for funds transfer either upon project completion or upon hitting key milestones.      

The company taps advanced machine learning techniques to bolster the user experience for both sellers and buyers. With an AI-enabled recommendations system in place, the platform matches businesses and individuals with the best freelancers to do the job based on their exact skill set and track record. The platform will also offer users an AI-powered tool to help them calculate their taxes based on their location data.

Lanceria will also launch a mentorship program that will allow established independent contractors to benefit from delegating gigs to beginners. The platform will feature embeddable profiles for freelancers and employers as well as an API and a React plugin for Web developers that will allow third-party websites to embed Lanceria-based marketplaces for gig workers. Its other features will include a helpful organizer that will help freelancers keep track of their gigs and deadlines.

“While more and more people choose freelancing to have more flexibility and freedom, the current platforms eat an unfair share of their revenues and limit their payment options,” says Mihai Sebastian Sararu, CEO of Lanceria. “We’re going to change the power dynamic in the freelancing ecosystem, relieving the financial stress on the gig workers while also equipping their employers with more data-driven tools to optimize their hiring.”

About

Founded in 2021, Lanceria is an AI-enabled low-commission freelancing marketplace open to cryptocurrency payments. The platform, which is currently under development, will remove fees from contractors and keep commission minimal on the employer side, while also working to build machine learning-based tools to match every freelancer with the perfect gig. Built by former freelancers with ample blockchain and AI experience, the company aims to transform the freelancing ecosystem with trust and transparency. For more info https://www.lanceria.io/      

Leadership

Mihai Sebastian Sararu - CEO & Web Development
Florin Mitu - Co-CEO
Robert Tudor - COO



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Daniel Azaria

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