Why BNB Chain?
Of what use is AfriLance to BNB Chain?
AfriLance was built on BNB Smart Chain because it offers low transaction fees, fast finality, and strong EVM compatibility, making it ideal for frequent escrow interactions such as deposits, approvals, revisions, and dispute resolution. These properties are especially important for African freelancers and clients, where high gas fees and slow confirmations can be a major barrier to participation. BNB Chain’s mature ecosystem, stable infrastructure, and support for USDT/USDC settlement also make it a practical foundation for a real-world freelance payment system.
AfriLance is setting up an intricate web of products that will ultimately contribute to the continuous growth of BNB Chain, as we aim to keep the BNB Chain building spirit alive in AfriLance. Below are some of our immediate targets:
Onboarding more BNB holders, as users are required to hold BNB in their wallets for gas and escrow deployment fees.
In the near future when the AFRIK token is launched, and the staking DApp is live, users will be required to stake a particular range of BNB amount to get 50% discount on escrow fees.
Once the gigs marketplace is live, users (Clients/Freelancers) have the choice of staking BNB and/or AFRIK token to get priority matching with clients or freelancer with AI 99% matching accuracy to ensure the most suitable matching.
20% of AFRIK Token trading BNB fee will be auto burned by AFRIK contract.
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