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Bityond


CLR MATCH ROUND 5

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ROUND 5

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Description

{"ops":[{"insert":"What is Bityond?"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\n"},{"attributes":{"link":"https://demo.bityond.com"},"insert":"Bityond"},{"insert":" is a recruitment and talent management engine, that matches candidates to jobs by skills and expertise. \n\nWith Bityond, employers can match external or internal candidates to jobs, manage their organization, projects, jobs, applications, interviews and teams, all in one place. \n\nCandidates will benefit from better job opportunities, connected to each individual skill-set. \n\nBoth employers and candidates are awarded with "},{"attributes":{"bold":true},"insert":"Bityond Tokens"},{"insert":", "},{"attributes":{"link":"https://etherscan.io/token/0x5AfAE3243D6b6B76E1aB483F68E01F2fb55ff425"},"insert":"BYT"},{"insert":", any time an action is taken within the Bityond platform. \n\nBityond is the ultimate Cloud SaaS recruitment and talent management engine, implementing an open governance model!\n"},{"attributes":{"header":1},"insert":"\n"},{"insert":"Why Bityond?"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nCurrently there is no platform available on the market with Bityond’s\nkey features:\n\n"},{"attributes":{"bold":true},"insert":"Skills matching"},{"insert":": all skills available in Bityond have been standardized for an accurate and simple matching process;"},{"attributes":{"list":"ordered"},"insert":"\n"},{"attributes":{"bold":true},"insert":"Interviews module"},{"insert":": Employers can create interviews to easily follow-up with different recruitment processes;"},{"attributes":{"list":"ordered"},"insert":"\n"},{"attributes":{"bold":true},"insert":"External & Internal recruitment"},{"insert":": Employers can chose between open jobs for the entire network (recruitment), or jobs open only to organization members (talent management); "},{"attributes":{"list":"ordered"},"insert":"\n"},{"attributes":{"bold":true},"insert":"Reviews done right"},{"insert":": Candidates and Employers can review performances only if they’ve participated on the same projects;"},{"attributes":{"list":"ordered"},"insert":"\n"},{"attributes":{"bold":true},"insert":"Monetary incentive"},{"insert":": Bityond Tokens will be given to all users for free, upon completing certain actions."},{"attributes":{"list":"ordered"},"insert":"\n"},{"attributes":{"bold":true},"insert":"Utility incentive"},{"insert":": Bityond token holders can vote on governance, such as for new developments and features."},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"\nProblems in recruitment?"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nCandidates do not like spam email, neither wasting time looking through job posts. Recruiters often face difficulties when trying to find the right candidate on a timely manner, or when evaluating candidates profiles and skills-sets. \n\nAnother issue is that organizations do not have a single platform to find candidates and, at the same time, to manage employees - which is a bottleneck for efficiency gains on resources allocation. \n\nIssues can be found for both candidates and employers. \n\nCandidates:"},{"attributes":{"header":2},"insert":"\n"},{"insert":"\nLooking at each job post is a tiring and long process. Candidates need to open different job posts, check if the role, skills and experience match their skill-set and only afterwards they can apply."},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Applying via company websites is not a productive and straightforward process, as different companies use different CV registration portals. More however, information required is often redundant."},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Candidates receive too much spam email, not connected to their skill-set which is off-putting. The current approach is to send as many emails to candidates as possible, in order to get as many applications as possible."},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"There is a lack in transparency for most jobs, as candidates do not receive proper feedback or understand the entire interview process. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"As companies use internal databases to manage candidates most information is out-of-date. This instigates more emails to be sent out to candidates, to keep information regularly updated. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Most Recruitment platforms focus in tasks and HR only, not paying attention to the link between internal and external recruitment. Bityond provides a central hub, working 24/7 to match all job opportunities to candidates skill-sets. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"\nEmployers"},{"attributes":{"header":2},"insert":"\n"},{"insert":"\nToo much time is wasted by recruiters looking for potential candidates on platforms like LinkedIn (who are very aggressive towards user behavior). Also, recruiters might not find the right candidate immediately as matching is substantially limited. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"The cost of a bad hire can have a significant financial impact on any business, as recruitment costs are quite high, especially in IT, as salaries are higher than most sectors. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Medium and large companies recruiters and managers can’t always assess all employees skill-set. How can they decide who is the best person for a job, available at a given moment in time within their organization? "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Maintaining candidates information in internal databases requires skills and experience maintenance (data housekeeping), which is usually overlooked. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Candidates skills improve and change over time, at a much faster pace than recruiters can update CVs. "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Currently no web platform or professional network allows for organizations to recruit both internally and externally (inside the organization or across the entire platform). "},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Few platforms allow for transparent reviews, meaning users can review any other user, independently of having actually worked together or not."},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"\nThe Solution? Bityond"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nBy using Bityond candidates do not need to look for jobs and employers do not need to look for candidates, as the platform finds and selects users to jobs depending on skills and preferences. \n\nAll skill-sets are standardized for an accurate matching system. At the moment of writing, Bityond possesses over 10,000 skills, split between Technology, Business, Creative, Languages, Healthcare, Law and Construction. \n\nThe goal is simple: candidates can only apply to open job opportunities that match one or more skills they possess and employers can only contact and select candidates that match their job requirements. In a sense, Bityond streamlines the process for both employers and candidates. \n\nBityond is designed to be flexible and to address the needs of all candidates and employers. With the addition of economic incentives users receive BYT for using the application and can later spend BYT to participate in voting on polls about Bityond’s future developments and features – as we aim to decentralize governance!\n\nBityond Stack"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nBityond 1.0 has been developed in ASP.NET Core 2.0 originally, but recently migrated to ASP.NET Core 3.0, the most recent version released by Microsoft. On the front-end, Bityond uses C# and Angular. Server and database infrastructure are based at Microsoft’s Azure cloud (SQL Server). Bityond is already a member of the Microsoft for Startups network.\n\nBityond Tokens were built over the Ethereum network (ERC20) and we’re currently looking for side-chain solutions (POA / Loomx / etc) to simplify token payments to users; this is, in order to allow token holders to participate in the overall governance model without the need to pay high gas fees, a potential solution is to use a compatible Ethereum side-chains, which have different validation protocols, like dPOS or pure PoS, rendering each transaction near-free. \n\nBityond Token"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nThe Bityond Tokens has an unique value within our community. It serves three\nmain purposes:\n\nTo "},{"attributes":{"bold":true},"insert":"decentralize Bityond's governance "},{"insert":"model: token holders participate by voting in polls about new developments, features and add-ons. Any agent who holds tokens can participate in Bityond’s governance."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"To grant "},{"attributes":{"bold":true},"insert":"additional utility"},{"insert":" to all users: by allowing users to donate tokens in order to help creating new developments and to purchase different subscriptions with Bityond Tokens."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"To "},{"attributes":{"bold":true},"insert":"create better incentives"},{"insert":" for users: as any token holder will automatically enroll to receive free BYT during yearly airdrops."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\nAs the BYT token serves a utility purpose in Bityond’s governance model, tokens will be distributed for free as users complete certain actions, such as:\n\nLogin; "},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Creating an Organization (must be an active employer);"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Creating a Project (must be an active employer);"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Creating a Job (must be an active employer);"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Applying to a job;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Getting hired for a job;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Joining an Organization;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Joining a Project;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Giving feedback;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Reviewing a job performance;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Adding at least 6 skills on profiles;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Completing profile > 90%;"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Referral of new users (who register a valid profile);"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Verifying Skills (when available)."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\nMore actions will be added as time goes by. The idea is that all actions taken within the platform will endow a certain number of tokens. Users can later \"burn\" tokens when voting in Bityond updates and features polls, through a "},{"attributes":{"link":"https://vitalik.ca/general/2019/12/07/quadratic.html"},"insert":"Quadratic Voting scheme"},{"insert":". Or, instead, users can take out the tokens and exchange them for other cryptocurrencies. \n\nTokens belong to users and Bityond won't be able block users from taking tokens out of the platform. \n\nBityond core team"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"Pedro Febrero"},{"insert":", founder\n\nPedro holds a BSc degree in Economics. He has professional experience in ERP systems implementation across many organizations over the UK and Europe. Pedro is a Research Assistant on the topic of Blockchain at the University of Huddersfield, a guest speaker at Leeds University and a technical writer for multiple digital media platforms such as CCN, Coin Rivet, Yahoo Finance, CoinTelegraph and Quantum Economics. Pedro has also co-founded "},{"attributes":{"link":"https://cryptonerds.webflow.io"},"insert":"CryptoNerds"},{"insert":", an academy to learn about money, Bitcoin and Ethereum.\n\n"},{"attributes":{"link":"https://www.linkedin.com/in/pedrofebrero"},"insert":"Linkedin"},{"insert":" | "},{"attributes":{"link":"https://github.com/febrero"},"insert":"GitHub"},{"insert":" | "},{"attributes":{"link":"https://medium.com/@pedrofebrerojr"},"insert":"Medium"},{"insert":" | "},{"attributes":{"link":"https://twitter.com/febrocas"},"insert":"Twitter"},{"insert":"\n\n"},{"attributes":{"bold":true},"insert":"Miguel Moura"},{"insert":", CTO\nMiguel has many years of experience as a full-stack developer using Microsoft Technology, has built different websites and platforms and has a MSc degree in Optimization (Robotics). Miguel is on the top-2% on StackOverFlow.\n\n"},{"attributes":{"link":"https://github.com/mdmoura"},"insert":"GitHub"},{"insert":" | "},{"attributes":{"link":"https://stackoverflow.com/users/577805/miguel-moura"},"insert":"StackOverFlow"},{"insert":"\n\n"},{"attributes":{"bold":true},"insert":"Beatriz Pereira"},{"insert":", Head of Design\nBeatriz has and has a MSc degree in Interaction Design. She has been responsible for the design of different projects, such as Bityond 1.0 and 2.0 and Wall ID, a cryptocurrency identity wallet.\n\n"},{"attributes":{"link":"https://www.linkedin.com/in/beatriz-pereira-844a558b/"},"insert":"Linkedin"},{"insert":" | "},{"attributes":{"link":"https://www.behance.net/beatrizrp"},"insert":"Behance"},{"insert":" | "},{"attributes":{"link":"https://github.com/Beatriz215"},"insert":"GitHub"},{"insert":"\n\n"},{"attributes":{"bold":true},"insert":"Luís Freitas"},{"insert":", Head of Blockchain Development\nLuís has a MSc degree in Computer Engineering and Information Systems and has experience working on several mobile apps, websites and platforms. He’s on the road to become an expert on smart contracts, DLTs and cryptocurrencies. Owner of "},{"attributes":{"link":"https://www.dapp.com/dapp/Repop-World"},"insert":"Repop.World"},{"insert":". Luís has co-founded "},{"attributes":{"background":"#ffffff","link":"https://cryptonerds.webflow.io/"},"insert":"CryptoNerds"},{"insert":", an academy to learn about money, Bitcoin and Ethereum.\n\n"},{"attributes":{"background":"#ffffff","link":"https://github.com/LewisFreitas"},"insert":"Github"},{"insert":" | "},{"attributes":{"link":"https://www.linkedin.com/in/lu%C3%ADs-freitas-45604b8b/"},"insert":"LinkedIn"},{"insert":" | "},{"attributes":{"link":"https://twitter.com/microchipgnu"},"insert":"Twitter"},{"insert":"\n\nWhy funding Bityond?"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nAt the moment of writing, the project has mainly been funded by the founder. During the past 4 years Bityond has acquired around $120,000 in funding through the following mechanisms:\n\nFounder: 95% funding."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"ICO: 5% funding."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\nAll team members, with the exception of the founder, are paid to work at Bityond, hence the necessity for continuous funding. Additionally, Bityond will use different funding mechanics such as:\n\nFunding through revenues from subscriptions (employers), "},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Funding through a decentralized governance model based on Bityond tokens (employers + candidates),"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Funding through an ICO (completed),"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Funding through grants (ongoing)."},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\nBy keeping the project funded through multiple streams, Bityond increases its chances of succeeding. Bityond aims at using funds as follows:\n\nHire more developers to continuously develop and maintain Bityond tokens and smart-contracts,"},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Create a proper Marketing team,"},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Give the core team more financial freedom to hire freelancers for specific jobs,"},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Have cash flow available for online marketing campaigns,"},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Invest into growth hacking (social media and ads),"},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Further develop partnerships with a wider range of universities and,"},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"Further develop partnerships with consultancies, talent management and recruitment companies."},{"attributes":{"list":"ordered"},"insert":"\n"},{"insert":"\nThank you all for checking out Bityond!"},{"attributes":{"header":1},"insert":"\n"},{"insert":"\nFor more information, please visit our demo page "},{"attributes":{"link":"https://demo.bityond.com"},"insert":"here"},{"insert":". If you wish to use demo login details to test the application, please contact "},{"attributes":{"bold":true},"insert":"info@bityond.com. "},{"attributes":{"header":3},"insert":"\n"},{"insert":"\nWe would be extremely happy to get your feedback on how the platform looks (UX/UI) and on how the Bityond engine works!\n"}]}

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