Talao - Protocol and Platform for Talent

Talao is the first Ethereum-based protocol and DAO for talent. Talao introduces a unique protocol for users to own their data thanks to a secure digital vault storing their certificates on the blockchain. Talao provides add a decentralized marketplace, governed by talent, on which neither intermediaries nor commissions apply.

TALAO ETH-Based Talent Autonomous Organization Advantages

Saves time and cost taken to find the best talent in a much comfortable and quicker manner
The talent sorting process becomes productive
Better qualified candidates
The recruitment market goes on an international scale
Freelancers can gain from TALAO's employment services and ultimately boost the gig economy

Problem

The main problem is centralized platform where talent is using online platform for their professional data storage which is not getting reputation as much needed. This leads to low job success rates in finding and landing jobs for freelancing talent. Other problem is the resumes with wrong details where companies wants to work with the talent but with their misleading resumes which leads more risk for the companies. Lack of power of freelancing talent with their customers.

Solution

TALAO is come up with the decentralized platform where it will enable talent to own their professional data and reputation. It is being done with the help of Smart Contract based blockchain where resumes get certified under platform and stored in their reputation vault.
By their platform, talent can easily communicate with businesses to access their stored data in TALAO blockchain vault which creates more transparent process and secure relationship.
They are providing talent to build their reputation and certify their experience and get a position of their reputation. The talent has access to their work and skills and gain reputation on the platform without any middlemen or a third party.

How it works

The working of this platform is based on step-wise as an example of Julia as a Client and John as a Talent.

Step 1 – First, Julia posts a request a 6-month based project mentioning as anonymous and urgent. John applies for the project then Julia buys access to John’s digital vault to verify his skills by giving him TALAO tokens. After verifying, Julia hire John for her project and John starts working on the project.
Step 2 – John delivers project to Julia. Julia reviews his work and if she accepts his work delivery then payment is automatically transferred to him. If she rejects, then it leads to mediation process where Julia and John stake 5% of amount of the dispute. After this voting is being done under the community then they deliver verdict. At last party who wins the dispute is refunded its deposit.
Step 3 – Rating and skills process where Julia reviews and accepts John’s work. John makes a claim for skill certificates and both rates each other on the platform. The rating claim is being send to Julia then she issues a certificate and John stores that certificate in his digital vault.
Step 4 – John opens his digital vault and place his token deposit. Stores his certificates and sets the price of access to his certificates.
Step 5 – Endorsements is being done under the platform where John makes a claim for his skills and claim is being send to community and they approves. If claim is approved by the community certificate is being issued with approvers name and get rewarded. Finally, fully certified resume is ready on their platform.

TALAO ICO Details

Token: TALAO

Platform: Ethereum

Type: ERC20

PreICO price 1 ETH = 1,000 TALAO

Price in ICO 1 ETH = 1,000 TALAO

Accepting: ETH

Distributed in ICO 67%

Soft cap: 5,000 ETH

Hard cap: 24,000 ETH

The Amazing Team

Talao has what appears as a strong and more senior team than many other ICOs that are being launched these days. With the company being based in Paris, France, the management team is naturally mostly French. For future growth, the team is planning to have a maximum of 30 people based at their Paris office and an additional 30 people based in other offices around the world, with current candidate cities for expansion being London, Oslo, San Francisco, New York, and Singapore.

Talao’s CEO and co-founder is Nicolas Muller. He has his background as founder of the French freelance marketplace eMindHub in 2015, with further experience from the engineering, manufacturing and aerospace industries. In many ways, Talao is eMindHub for the blockchain-age, with the old company being rebranded as Talao.

The other co-founder and COO of Talao is Thierry Thevenet. He is the former founder and CEO of Fi System, a French publicly traded company offering consulting and other services related to Internet marketing, communication and back-office management in the French and Spanish markets.

Other team members also appears to have diverse backgrounds with strong experience in their respective fields. The only question that comes to mind when looking at the team members’ backgrounds is whether they are sufficiently experienced with Blockchain technology to successfully carry out a project of this size and scope. Only one person on the team, presented on the website as “Blockchain Team Leader,” appears to have extensive experience with blockchain projects.

TALAO Conclusion

There is plenty of potential within the blockchain and talent recruitment sectors with a myriad of solutions to challenging the existing status quo. While ventures such as TALAO do exhibit tremendous gains, the verdict is still inconclusive as to whether it can genuinely change the recruitment scene. Consequently, that means TALAO has a long way to go, with the currency situation becoming a wait-and-see situation but we should watch the venture for future endeavors. All-in-all, the applications for blockchain technology in recruitment could disrupt the whole industry but should take longer than we can anticipate.