Fiverr (<https://www.fiverr.com/>) is a freelancer marketplace for all kinds of remote services: if you need almost any kind of professional for a specific, limited task, that’s a great place to find them. Designers, marketing professionals, writers, translators, video makers and editors, translators, musicians, programmers, the list goes on. Fiverr belongs to the group of very successful Web2 applications that made life of both service providers and their clients much easier.
Although, like many other traditional applications, this kind of platform is subjected to disruption with Web3 and blockchain technology. For many kinds of services, having an intermediary just adds friction and extra costs to the process. A decentralized marketplace built on Cardano would be a better and more cost effective alternative than what is out there.
Here we propose to create the MVP of a Fiverr clone (final name yet to be defined) and build it on Cardano. It will be a permissionless marketplace, where any professional can sign up, create their profile and offer their services. They will build their reputation over time based on their satisfied clients that will positively rate them after the service. They would be able to charge a bit more than in Fiverr and other similar platforms, since the ‘Fiverr-clone’ fee is going to be lower (less than 5% instead of 20%), or decide to keep the same price to attract more customers. On the other hand, customers might also pay less for the same service, or get a better quality service for the same price.
We are proposing to build a decentralized freelancer marketplace. It’s going to be a DApp built on Cardano. We are aligned with the DApps & Integrations Challenge, since we are following the potential direction mentioned in the campaign brief: “Solutions utilizing the power of smart contracts”. We are also going to bring more users to Cardano, since our solution is going to be used not only by people already in our ecosystem, but also from the outside, because we are going to implement FIAT gateways in our platform at the time they become available.
The risks for the development of this project are related mainly to adoption. We have a strong technical team ready to execute the project, but we don’t have a marketing focused person working with us yet. Although this is included in the project budget, there’s a risk that it will take some time to find them and this may delay the adoption, our income relative to the platform and therefore the next steps of its development that are not covered by this proposal.