xHashtag Intends to Bring a Billion Users to The Blockchain World

xHashtag, a decentralized autonomous organization plans to bring a billion users to the blockchain world. Users could be from any part of the world provided an internet connection is available. The basic requirement these users would invest in is time.

Since the outbreak of the Covid-19 pandemic that disrupted activities of the world in 2020, labor markets have not been the same again. The immediate impact of the pandemic was severe: Millions of people lost their jobs, while others rapidly adjusted to working from home as offices. The impact further reduced the economic power of most nations as a number of well-paying jobs and industries folded up. Despite the abundance of internet facilities in the affected countries, most citizens could barely make ends meet. 

Although the global pandemic caused a lot of physical businesses to crumble, it set the tone for a new future of work. A future where digital platforms play a major role in shaping how work is executed.

xHashtag strongly believes in this concept. The project believes the digitization of work would upset traditionally established structures such as fixed work location, fixed work hours, and organizational hierarchies causing them to become redundant and obsolete.

To achieve this, the company is building a new type of marketplace for new types of jobs. Users from all parts of the world can come to xHashtag, complete simple tasks, and earn money. The system has been designed in such a way that a user can add a new task and have it reviewed. This way, the company ensures it remains scalable in terms of the type of work to be done.

"We expect to help at least 1000 Web3 projects in the next 3 years, and xHashtag could probably become a destination to earn full-time earnings for a lot of people and a platform with decentralized liquid workforce that is available to any entrepreneur on-demand without any commitments"-- said the CEO of xHashtag, Monica Durga.

How it works for Users

First, a stream of tasks is given to eligible users. After the completion of the tasks, users can send them for review. Once reviewed by the DAO, the rewards are sent to the users' wallet.

Key Date for the xHashtag

An important thing to note is that the xHashtag IDO launched on the 26th and 27th of November but the actual token, $XTAG, will start trading on the 30th November on leading cryptocurrency exchanges including kucoin.com and gate.io

Team of Advisors

Siddharth Menon - Founder of WazirX / Binance India