Salt Lake City, Utah Mar 8, 2025 (Issuewire.com) - Decentra, Inc., a Utah-based blockchain innovator, today announced Gigabit, a revolutionary freelance marketplace that combines robust blockchain security with a streamlined user experience.
Gigabit integrates seamless fiat-to-crypto conversion powered by Coinbase, enabling customers to pay with conventional credit or debit cards and automatically converting funds to USDC. This process secures transactions on the blockchain without requiring users to manage cryptocurrency directly.
A smart contract-based escrow system safeguards both clients and freelancers. Funds remain secure until work is completed and approved, after which freelancers receive their earnings instantlya tangible benefit compared to the standard 14-day waiting period on other platforms. The Coinbase integration enables freelancers to seamlessly convert their USDC earnings back into their bank accounts with 0% fees.
Gigabit enhances project management with built-in messaging, revision requests, and deadline enforcement. Intelligent automation addresses delays from any partywhether a freelancer hasnt started or completed a project or a customer hasnt provided timely feedbackby triggering fair and equitable resolutions for stuck orders. And when there's a dispute over the quality or completeness of delivered work, Gigabit employs third-party arbitration to settle conflicts based solely on the facts.
A standout feature of Gigabit is its highly competitive fee structure. The platform fee is capped at 15%, which is 5% lower than what leading platforms like Fiverr charge, and can drop to as low as 5% through a referral model. For freelancers, this cost efficiency is a compelling reason to switch from other platformslower fees mean more earnings retained for their hard work, creating a more attractive financial proposition.
"It's not about the technology itself, but how it enriches the experiencedelivering instant payouts and building trust at every step," said David Wyly, CEO of Decentra, Inc. He added, "We've also found that AI tooling can be very useful in alerting freelancers that their work is not aligned with the job's requirements. This process ultimately leads to higher quality work and, by extension, happier clients and fewer disputes."
With the platform nearing completion, Decentra, Inc. is excited to announce the invite-only alpha launch scheduled for April 1st, followed by a beta launch in Q3 2025. Interested participants are invited to join the beta waitlist by visiting https://gigabit.work.
For further information on Gigabit or to explore partnership opportunities, please email [email protected].
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Decentra, Inc., led by CEO David Wyly along with technical co-founders Lance Badger and Amir Arafat, is dedicated to developing secure, accessible decentralized applications. The companys vision is to bridge advanced blockchain technology with everyday utility, delivering transparent and efficient solutions that redefine digital work.
Source :Decentra, Inc.
This article was originally published by IssueWire. Read the original article here.