Overview

  • Country USA
  • CategoryRecruitment/ Crowdsourcing Platform

Job Network, Payments, & Benefits for the rapidly growing contracting workforce.

Project stage

Beta version

Detailed description

By utilizing blockchain technology and Tokenomics, Thor’s platform will allow us to offer Gig Workers access to the benefits traditionally reserved for full-time and unionized employees. As the company grows, Thor will be able to offer users in its network subsidies for the Thor products and benefits they purchase, enticing more Gig Workers to join and further growing the network.

Thor’s mission is to provide a layer of stability for contracting workers that promotes greater wellbeing among the Gig Economy at large. Despite the efforts of the Department of Labor, there are still not practical avenues for Gig Workers to band together to obtain more cost-effective benefits. We believe that blockchain technology presents a unique opportunity to provide this much needed service to this growing segment of the population.

Problem

The lack of convenient, cost-effective benefits is an obvious struggle for many in the Gig Economy, but a lot of On-Demand companies don’t have the finances to provide these benefits.

Solution

We believe a blockchain-based network of Gig Workers and On-Demand companies will solve many of the ailments of the Gig Economy in a financially feasible manner. In this section, we detail the three prongs of the Thor solution: 

  • Easy access to benefits and financial security (partnering with Thor will allow On-Demand companies to advertise access to cost-effective benefits without needing to lift the financial burden of providing those benefits themselves)
  • Instant payments (by implementing payments through NEO smart contracts, Thor Token  Whitepaper 1.2 13 can enable near-instantaneous payments for service by directly debiting On-Demand companies and then converting the USD into Thor Tokens through a centralized exchange)
  • Gig Network (users will have both a desktop and mobile client that will streamline their application process and help to optimize their time management by informing them of high-pay time slots offered by their various On-Demand clients)

Features

Benefits for Freedom Workers (Contractors): 

Health Benefits
Get access to affordable health benefits with the Thor Mobile Platform. Choose the plan that’s right for you and get you and your family covered.

Instant Pay
Get paid immediately after a gig is complete with no additional fees. It’s your money, and now you don’t have to wait for it.

Retirement Account
Do the smart thing and start saving for your future today! Choose the plan that suits you best from a variety of tax-exempt options.

Benefits for Business:

Save Time & Money
Thor will handle your entire payment infrastructure, from your customers to your contractors — all for cheaper than your current payment processor. Start saving your business time, money, and hassle today.learn more →

Make Happier Contractors
Increase contractor retention by giving your contractors access to the Thor Benefits Platform. Unsure how satisfied your contractors are? Let Thor administer contractor satisfaction surveys so you know exactly how your workforce is doing.

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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : THOR
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 40,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :NEO (NEP-5)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :57,069,224 THOR
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :50,000,000 THOR
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH, GAS, NEO,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    42,930,776 THOR were not purchased from the token sale smart contract and have been burned.

      • Token Distribution

          Vesting notes

          • Team: Vested over 4 years with a 1 year cliff

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Public Sale — Ended
    12 Mar 00:00 UTC
    12 Apr 00:00 UTC
    1. USD 10% - 25% - Uncapped 20,000,000 USD
    Ptivate Sale — Ended
    Start Soon
    End 12 Mar 00:00 UTC
    NA No - Uncapped 20,000,000 USD
    Public Sale

    Fisrt $10 Million: +25% bonus

    Next $5 Million: +10% bonus

    Read more about vesting and bonus
    • Team

      • Johnny Chin photo
        Johnny Chin
        CEO
      • Matt Moravec photo
        Matt Moravec
        CTO
      • Christopher Pencavel photo
        Christopher Pencavel
        COO
      • Matthew Lawler photo
        Matthew Lawler
        CMO
      • Leo Rong photo
        Leo Rong
        Core Code Contributor
      • Reg Clodfelter photo
        Reg Clodfelter
        Director of Communications
    • Advisors

      • Robert Mithun
        Former Chief of Staff
      • Johnny Chin
        Bannerman Security CEO
      • Maarten Verweij
        Rotterdam Crypto Capital Group
      • Ben Lambert
        Umpqua Bank Senior Counsel
      • Elena Elfimova
        Google Admob Marketing Lead
      • Nathan Woo
        Cornell, Uber Engineer
      • Eugene Otto
        UVa, Shift Payments

    Roadmap

    • 2017
      Thor Founded
      • Thor incoroprated
      • Founding team established
      • First customer signed
    • Q4 2017
      Mobile & Desktop Clients in Alpha
      • Thor mobile and dekstop clients entered alpha state
      • Smart contract alpha finished and currently being tested
    • Q1 2018
      Token Sale

      Thor token launches with alpha state smart contract

    • Q2 2018
      Fisrt Customer Testing
      • First customer testing Thor payroll services
      • Thor goes into beta
    • Q3 2018
      Thor in Production
      • Thor officially hits production
      • Sales, marketing and customer service teams established
    • Q4 2018
      401 (k), Debit Card, One Click Apply

      Thor account services launched into beta and available to contractors and business partners

    Activity