Fin Lab EOS VC Fund – a business devoted to company-building and financial services – is joining hands with Moonlighting, a leading on-demand system for freelancers.
Working, Building and Playing Together
The platform is designed primarily for developers and engineers that study or work in the field of blockchain. The partnership will allow these developers to establish new currencies, applications and other products through the EOS network.
Stefan Schuetze – a Fin Lab member of the board of management – comments:
Fin Lab has a long and successful history of investing in the most disruptive fintech companies in the world. Moonlighting has built a platform that leverages blockchain technology to make it easier, faster and safer for freelancers to conduct business globally. We really like the team and their mission to help freelancers and believe they will be one of the early winners to validate blockchain.
Fin Lab is financially supported by Block.one, which publishes the EOSIO blockchain protocol. The company provides developers with money, space and other resources they need to build “community-driven businesses” that utilize EOS technology. The company hosts engagement events to inspire more app builders and creators to join the growing list of EOS-developers presently in circulation.
Paul Grotowski – COO of EOS VC – states:
Block.one’s EOS VC program is committed to forming partnerships with companies that demonstrate a promising business operation and value the benefits of EOSIO. We believe that Moonlighting contains the three key traits you look for in a decentralized application: real customers, real traction and a bona fide use case for blockchain technology.
Moonlighting was founded five years ago in 2014 and is based in Charlottesville, Virginia. The company works to support freelancers and entrepreneurs seeking to build and operate small businesses throughout the United States. As a mobile and on-demand solution, the company opens the door to businesses looking to hire or be hired “directly from mobile services.” The enterprise boasts its own digital token and offers its own suite of tools designed to help independent workers in the tech space.
CEO of Moonlighting Jeff Tennery explains:
We have been following Block.one’s development and are impressed with EOSIO’s speed and cost value proposition. Using the EOSIO protocol, we can deliver an open-source, blockchain-based freelancer tool kit that will empower millions of freelancers to control their profiles and conduct business worldwide.
What Makes EOS So Special?
Tennery went on to say that moving the entire platform of workers onto the EOS network is the best thing in the long run, as its blockchain boasts quick transactions and low costs. He states that the company has been eying EOS for some time, and that it was ultimately chosen thanks to its ability to “scale transaction processing.”
The move will also give workers an opportunity to have more control over their online profiles.