Its estimated that the average recruitment commission on highly paid staff is $37,500.
The high cost of hiring staff means that the industry is ripe for disruption by platforms that can offer the same quality of service at a lower cost.
HireMatch is developing a blockchain powered solution to help capture a portion of the billion dollar recruitment market.
To fund the development and promotion of the platform, HireMatch’s token called HIRE token is being distributed through a token sale. Here we’ll look at what you need to know before you invest.
What is HireMatch?
HireMatch is a decentralised, blockchain powered job marketplace. Using HireMatch companies are able to find applicants and “agents” can earn rewards for finding those candidates.
How does HireMatch work?
When a company wants to hire a new employee they create a bounty using the HIRE token. Agents, which can be used humans or computers applications connected via the API, then look for suitable candidates that meet the companies requirements. Any Agent that helps to find a successful candidate is awarded a portion of the bounty that the company has posted.
What is HIRE token?
HIRE Token is a utility token used on the HireMatch platform. It is an ERC20 token built on the blockchain. The HIRE token is used to power the HireMatch platform and represents a promotional ownership in the platform.
What will drive the value of HIRE tokens?
In order for companies and recruiters to access and post jobs on the HireMatch platform they will need to first have HIRE tokens. When a candidate is successfully selected a bounty will be received by HireMatch in the form of HIRE tokens.
These HIRE tokens will be available through the HireMatch website or through the mobile app. They can also be purchased on cryptocurrency markets or by being transferred between individuals.
HireMatch Website: https://hirematch.io/
HireMatch Tokensale: https://hirematch.io/tokensale.html
HireMatch Whitepaper: https://hirematch.io/docs/hirematch-whitepaper.pdf
HireMatch Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2014698.msg20077199#msg20077199