EkoLance Receives Concordium Grant to Enable User Verification and Talent Ranking on techFiesta
EkoLance is excited to announce that it has received a grant from Concordium to enable privacy-preserving user verification processes and introduce a talent ranking system on its developer activation platform, techFiesta.
techFiesta activates and grows developer communities, with over 8,000 users building projects for blockchain protocols and plans to expand to the entire technology space. The platform currently utilizes blockchain for transparent bounty distribution after hackathons and developer challenges.
"A platform like techFiesta plays a pivotal role in fostering participation and driving innovation, both essential for the broader adoption of blockchain technology. Concordium takes pride in supporting techFiesta's mission, empowering dedicated developers to showcase their commitment and contributions with verifiable proof.” - Nibras Stiebar-Bang, CTPO Concordium Research
The Concordium grant entails two key enhancements - integration of Concordium's identification feature and the introduction of Soul bound Tokens (SBTs). Participants in hackathons and developer challenges on techFiesta will now undergo streamlined identity verification on the Concordium blockchain, replacing manual processes.
“The Concordium grant propels EkoLance on an accelerated path towards innovation, fundamentally reshaping engagement with our developer community and clients. This partnership will also pave the way for transformative solutions, greatly impacting the entire Web3 ecosystem.” — Maria Eneva-Olms, CEO and Founder of EkoLance
techFiesta's integration of Concordium's identification feature is poised to revolutionize registration, streamlining the process, and enabling precise filtering for clients who want developers with specific attributes such as age, gender, and location.
“The identification feature allows users to use the Concordium wallet to identify themselves and this enables us to create more targeted events, allowing clients to access the right developers based on their preferred specifications.” — Maria Eneva-Olms, CEO and Founder of EkoLance
The second feature, SBT, will be integrated into techFiesta and the entire EkoLance ecosystem. It stands as a hallmark of our commitment to redefine developer recognition and online reputation within the techFiesta ecosystem. These tokens represent more than mere certificates; they encapsulate the essence of every developer's journey, providing a tangible measure of their activities, skills, and experience. As developers participate in any techFiesta activities like hackathons, developer challenges, and educational workshops, they receive Soul-bound Tokens (SBTs). These SBTs are sent to their Concordium wallets upon completion of any such activities, and this propels their position in the ranking system.
SBT also holds significant value for clients. It grants them a deep understanding of the developer community, aiding in well-informed decisions. When clients seek skilled, experienced developers, the SBT ranking system becomes a reliable reference. This, ultimately, instils confidence in clients as they engage with proficient talent.
EkoLance is poised to integrate these features, initially focusing on hackathons and developer challenges. This pivotal step is just the beginning, setting the stage for future integration that will encompass the entire spectrum of the EkoLance ecosystem. This includes vital domains like training, launch events, developer events, educational webinars, and an array of other activities.
The vision is clear - a future where these advancements permeate every corner of EkoLance operations. This strategic progression aligns with the ethos of ensuring the best for web3 professionals and clients, propelling towards a future where excellence is not just a goal, but a standard.
Concordium grant unfolds new horizons for both techFiesta and the EkoLance ecosystem. The integration of privacy-preserving user verification processes and Soul bound Tokens (SBTs) will activate a flourishing community of builders on techFiesta.
We look forward to great partnerships in the future to further propel innovation collectively, and nurture an environment where innovators build and demonstrate exceptional capabilities. This is the dawn of a new chapter for EkoLance, and we are embracing it with unwavering enthusiasm and determination.
Concordium is a permissionless green layer 1, a science-backed blockchain that balances privacy with accountability through its ID layer and Zero-knowledge proofs. Creating trust with ID is key to scaling businesses. Concordium provides a fast, secure, and high-scale blockchain platform that makes building use cases and using dApps easy. Concordium differs by having verified ID and instant finality with high throughput, and low transaction fees, pegged to FIAT. With leadership from Fortune 500 companies, Volvo, IKEA, Credit Suisse, Uber, and successful Fintech platforms, the team is scaling the chain to its extensive network of the world's biggest enterprises. For more information: concordium.com
EkoLance revolutionizes the future of work by empowering professionals in Web2 and the blockchain industry. EkoLance has two products: an educational platform with training programs for upskilling in the blockchain space and a developer activation platform called techFiesta, where companies launch hackathons and developer challenges. EkoLance has a community of over 8,000 blockchain professionals.
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