How do we solve current prolems
This page elaborates the current problems in professional social networking field in web 2.0 field and the its growth potential in web3.0 world.
Last updated
This page elaborates the current problems in professional social networking field in web 2.0 field and the its growth potential in web3.0 world.
Last updated
The traditional professional social networking platforms charge the users high membership fees to unlock more functions. Meanwhile, they sell the data of talents for benefits. On the other hand, companies currently spend thousands of dollars each year to seek for talents from different third-party platforms. Such practice lacks flexibility and also results in extremely high hiring costs for companies.
Further, in this process, talents do not receive anything in this process other than little exposure on the platform. Talents also do not have any autonomy in governing their own information as they wish. In addition, it's even harder for the talents to locate professionals in the industry to ask for career consulting service or guidance in current professional social networking platforms.
In order to maintain steady growth, Web2 platforms usually take either one of these two actions:
1) increase service fees, or
2) place more advertisements on their platform.
The first discourages businesses as they need to pay more, and the second significantly deteriorates the user experience.
As shown above, the current global talent industry is a very large market with a lucrative market opportunity. A few companies are monopolizing this opportunity at the moment, and TalenTale aims to attract users and reallocate the market to all.
TalenTale has a network setup where each computer and network device is interconnected with one another, also known as mesh topology. Instead of continuing to allow monopolies in taking your information for free, our methodology is to utilize a decentralized professional social networking platform while injecting equity and built-in crypto incentives into a lucrative industry currently controlled by monopolies, so that all the rewards go to who deserves them most—the talents.
We strongly believe that professional experience NFTs (TalenTale NFTs) will eventually represent people's identities in the future Web3 world. User-generated assets and user-generated content will no longer be taken for free in the future.
The newly emerged TalenTale NFTs will allow people to enter numerous Web3 decentralized applications (dApps) and the Metaverse. With a few simple steps, any dApps or games will be able to view and analyze their users' TalenTale NFTs (with users' authorization of course) to recognize their identities.