Work X Price
(WORK)
USD($)
Work X (WORK) Live Price Chart
Overview
About
Analysis
FAQ
Work X Live Price Data
How do you feel about Work X today?
Note: This data is for reference only.
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Work X(WORK) Profile
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Contract
Ethereum 0x888888...0b9BNB Smart Chain (BEP20) 0x888888...0b9
Audited By
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Investors
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$0.0908
$0.0990
$1.8700
-0.65%
-8.08%
-15.83%
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$8,732
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100,000,000
About WORK
How can I buy Work X (WORK)?
What Is Work X (WORK) Crypto?
Work X is designed to create a job economy without commercial intermediaries, which traditionally take 30-40% fees. This decentralization means job-seekers, freelancers, and employers can interact more directly and efficiently.
Work X aims to facilitate a zero marginal cost platform economy, which benefits gig workers and freelancers. This approach is designed to efficiently match job-seekers and freelancers with their ideal employers.
By eliminating commercial fees, Work X can minimize labor costs and optimize salaries for its users. Work X achieves this while ensuring that users only pay for fundamental services necessary to run the platform.
Users can post their talents or job vacancies on Work X, facilitating a match between job-seekers or freelancers and employers. The decentralized platform allows users to showcase their verified skills and company details, increasing their chances of finding suitable jobs or candidates.
Work X is powered by a utility token $WORK and is governed by a Decentralized Autonomous Organization (DAO). Work X functions as a non-profit organization responsible for the continuous development and maintenance of the platform.
How Does Work X Work?
Work X offers a decentralized job marketplace, leveraging blockchain technology to directly connect job seekers, freelancers, and employers without traditional commercial intermediaries. Here's a breakdown of how it works:
Dynamic Fee Structure
The platform implements a dynamic cost-covering fee model. Instead of fixed, high fees, Work X charges users based on a scale that can reduce over time due to learning effects, economies of scale, and scope. This model aims to make the platform more affordable as it grows and evolves.
Skill and Job Matching
Users of Work X can showcase their verified skills and specific job requirements. The platform's algorithm then matches job seekers with appropriate job postings and vice versa, facilitating a more efficient hiring process.
Zero Marginal Cost Economy
Work X aims to reduce the marginal cost of job transactions to zero, which is particularly beneficial for gig and freelance workers. This approach is designed to optimize salaries and reduce labor costs, making the job market more efficient and equitable.
Decentralized Governance
As a DAO, Work X is governed by its community of users, who have voting rights or a say in the platform’s development, maintenance, and changes. This ensures that the platform remains aligned with the needs and preferences of its user base.
History of Work X and WORK Coin
Work X was officially announced as an upcoming platform in October 2021, specifically focusing on being a blockchain-based freelance platform. The announcement indicated that the platform's development followed a planned roadmap, with the decentralized freelancing protocol scheduled for 2022 Q1 v3.
Work X conducted its IDO in a phased manner across multiple platforms between November and December 2023. Some popular IDO launchpads for the $WORK token sale include ChainGPT Pad, Enjinstrarter, Poolz Finance, and Decubate.
What Is WORK Token Used for?
WORK is the native token of the Work X ecosystem and serves the following purposes:
Pay for Transactions on Work X
WORK tokens can be used to facilitate transactions within the Work X platform. This includes payments for services, fees for job postings, and transactions between freelancers and employers.
Decentralized Governance of Work X with DAO
WORK also empowers token holders to become members of the DAO that performs decentralized governance of the Work X platform. $WORK holders can submit proposals and vote on others’ proposals about key changes and developments on the platform.
Incentive Token
The Work X platform may use WORK tokens to reward users for various activities, like completing jobs successfully, maintaining a high rating, or contributing positively to the platform in other ways.
Trade Work X on KuCoin
Trade WORK crypto against other digital assets on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell $WORK or hold it long-term if you believe in the future potential of the Work X platform. Remember to DYOR before entering any new trade in the crypto market.
Work X (WORK) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.008 | -8.09% |
| 7 Days | $-0.0171 | -15.83% |
| 30 Days | $-0.0571 | -38.58% |
| 3 Months | $-0.0091 | -9.10% |
24H Investment Barometer
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The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Risk warning：Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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Work X Conversion Rate
FAQ
How much is 1 Work X (WORK) worth?KuCoin provides real-time USD price updates for Work X (WORK). Work X price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time WORK to USD exchange rates.
Is Work X (WORK) a Good Investment?
Here are some reasons why you could add $WORK crypto to your portfolio:
Innovation in the Job Market
Work X represents an innovative approach to the job market, leveraging blockchain technology to facilitate direct connections between job seekers, freelancers, and employers. Investing in WORK could be seen as a bet on the success of this new model.
Potential for Growth
As a blockchain-based platform, Work X can potentially disrupt traditional job market models, which could lead to significant growth if it becomes widely adopted. Early investments in technologies that gain widespread acceptance can be highly profitable.
Portfolio Diversification
For investors looking to diversify their portfolio, adding a token like WORK, which is tied to a specific use case in the job market, can provide exposure to a unique sector within the cryptocurrency space.
What Is Work X Price Prediction?
Although the volatile nature of the crypto market makes it challenging to provide a reliable WORK crypto price prediction, the following factors could help you understand the price movements in the Work X crypto better:
Level of Adoption of Work X
The success and widespread adoption of the Work X platform directly impact the demand for WORK tokens. If more users join and actively use the platform for job postings and transactions, the demand for the token likely increases, positively affecting the Work X price.
Future Developments in the Work X Roadmap
Innovations, upgrades, and improvements within the Work X platform can affect investor and user confidence, impacting the WORK token price. Positive developments typically lead to an increase in the price of Work X coin, while issues or delays can have the opposite effect.
Overall Crypto Market Trends
Broader cryptocurrency market trends influence the WORK token price. Bull markets can drive up the $WORK price, while bear markets can lead to lower the WORK to USD price.
How to Use Work X Platform
Here’s a general overview of how you can use the Work X platform as a job seeker or employer:
1. Sign up and create an account on the Work X platform.
2. Complete your profile after signing up on Work X. If you're a job seeker or freelancer, include details about your skills, experience, and any relevant qualifications or certifications. If you're an employer, provide information about your company and the types of roles you're looking to fill.
3. Buy WORK tokens on KuCoin and transfer them to a wallet compatible with Work X.
4. Depending on whether you’re looking for work or looking to hire, browse through the job listings or freelancer profiles available on the platform. Utilize any filters or search functions to narrow down your options.
5. If you’re an employer, you can post job listings detailing the roles you want to fill. If you’re a job seeker or freelancer, you can apply for jobs or projects that match your skills and experience.
6. Engage in transactions using WORK tokens. This could be for paying for services, job postings, or accessing premium features on the platform.
7. Once you’ve connected with a potential employer or candidate, use the platform’s communication tools to discuss details, negotiate terms, or collaborate on projects.
What is the all-time high price of Work X (WORK)?
The all-time high price of Work X (WORK) is $1.8700. The current price of WORK is down 0.95% from its all-time high.
What is the all-time low price of Work X (WORK)?
The all-time low price of Work X (WORK) is $0.0829. The current price of WORK is up 0.10% from its all-time low.
What is the market cap of Work X (WORK)?
The current market cap of WORK is $95.05M. It is calculated by multiplying the current supply of WORK by its real-time market price of $95.05M.
How do I store Work X (WORK)?
You can securely store your Work X in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your WORK include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
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2024-11-05 08:46:01 (UTC+8)
24h Volume1,474,756,954USDT