Introducing Bloclance

A smart contract powered Freelancing Platform on the Base Blockchain.

This document is a work in progress.

At Bloclance, our mission is to empower freelancers and clients by eliminating traditional intermediaries, reducing excessive fees, and ensuring that all agreements are executed securely and transparently on the blockchain.

By combining the power of the Base blockchain with the flexibility of the gig economy, Bloclance offers a seamless, automated experience that benefits both freelancers and clients, streamlining every aspect of the freelancing process.

The Future of Freelance Gig Economy

In the world of freelancing, trust, transparency, and payment security are essential.

However, traditional freelancing platforms like Fiverr and Upwork are still burdened by high fees (often over 25%), slow payment processing, and the risk of contract disputes.

Bloclance is here to change that. By leveraging smart contracts and DAO-based decision-making, we automate workflows and guarantee fair, secure, and efficient transactions. Our blockchain-powered platform eliminates unnecessary intermediaries, reduces costs, and ensures that freelancers get paid on time and according to the agreed terms.

Key Features of Bloclance

1. On-Chain Immutable Smart Contracts

Bloclance uses immutable smart contracts deployed on the Base Blockchain to automate the entire process, from project creation to final payment. Once both parties agree to the contract terms, it is executed automatically—without the need for middlemen.

This offers multiple advantages:

• Transparency: All contract terms are recorded on the blockchain, visible to both parties. Once set, the terms are immutable and cannot be altered.

• Security: Blockchain's decentralized and immutable nature ensures that contracts are executed exactly as agreed upon, minimizing the risk of disputes.

• Automation: Payments are triggered automatically when the specified conditions (such as project milestones or deadlines) are met, ensuring that freelancers are paid promptly and without delay.

2. Lower Fees, Faster Payments

Traditional freelance platforms often take high commission fees (up to 20%) and introduce delays in payment processing, which impacts freelancers' earnings.

Bloclance dramatically reduces transaction fees by operating on the Base Blockchain and integrates decentralized finance (DeFi) for faster, direct payments.

Freelancers can receive their earnings immediately into their Web3 wallets, bypassing traditional banking processes and avoiding the need for manual clearing or long waiting periods.

• No middlemen: No platform cuts—freelancers keep more of what they earn.

• Faster settlements: Payments are processed instantly as soon as the contract is fulfilled.

3. Transparent Reviews & Ratings

Building trust in the freelance ecosystem is essential. Bloclance utilizes blockchain's inherent transparency to ensure that feedback from clients and freelancers is authentic, permanent, and trustless.

• Immutable reviews: All ratings and reviews are recorded on the blockchain, tied to a freelancer's wallet address, and cannot be altered or faked.

• Accountability: Both freelancers and clients can build reliable reputations based on a transparent, blockchain-based history of engagements.

This ensures that all interactions on Bloclance are grounded in trust, reducing the risk of fraudulent feedback and empowering both freelancers and clients to make better decisions.

4. Seamless Onboarding

One of Bloclance's key differentiators is our seamless onboarding process, made possible by Dynamic.xyz. Signing up on our platform is quick and simple—just provide your email, and we’ll create a USDC wallet for you, which can be easily used to onboard and offboard fiat to crypto.

Whether you’re a freelancer or a client, onboarding is frictionless:

• Easy Wallet Setup: With Dynamic.xyz, freelancers and clients can easily generate a Web3 wallet that is already linked to USDC, simplifying the process of converting fiat to stablecoins.

• Web3 Wallet Integration: Bloclance supports a range of popular Web3 wallets, ensuring that all users—whether new or experienced—have a smooth, secure experience.

• Accessible for Everyone: You don’t need to be a blockchain expert to start using Bloclance—sign up, connect your wallet, and start working!

5. Decentralized Dispute Resolution

We understand that disputes can arise, but Bloclance has you covered. In the event of a disagreement, disputes are resolved by a DAO of $BLOC validators who have staked their $BLOC tokens to help resolve and validate escrow disputes. Validators earn transaction fees and $BLOC token rewards for their involvement in the dispute resolution process.

This system ensures that disputes are resolved:

• Fairly: Decentralized decision-making by community validators ensures unbiased resolutions.

• Efficiently: The DAO handles disputes quickly, ensuring the platform remains transparent and operational without delays.

• Transparency: All dispute outcomes are visible to the community, providing full accountability.

Why Choose Bloclance?

• Trustless Transactions: Smart contracts ensure that all terms are met before payment is released, removing the need for third-party intervention.

• Decentralized & Secure: Powered by the Base Blockchain, Bloclance offers a secure, decentralized environment that minimizes the risk of fraud.

• Cost-Effective: With lower fees and direct payments, freelancers keep more of their earnings while clients get a more affordable solution.

• Efficiency: Automated contracts, faster payments, and decentralized dispute resolution make Bloclance the most efficient Web3 freelance platform.