Question 1

What is the Current Price of Blocklancer (LNC)?

Accepted Answer

The current price of Blocklancer (LNC) is € 0.00050732. Please note that like all cryptocurrencies, this price can fluctuate frequently.

Question 2

Can You Tell Me About Blocklancer (LNC)?

Accepted Answer

Blocklancer, also known as LNC, is a unique cryptocurrency that is closely tied to the freelance industry. It's designed to resolve disputes between clients and freelancers and to provide an efficient payment system. Blocklancer is built on the Ethereum Network and seeks to provide a decentralized marketplace where clients and freelancers can connect without the need for intermediaries.

Question 3

Who is Behind Blocklancer (LNC)?

Accepted Answer

Blocklancer (LNC) was developed by a team of experts who are based primarily in Germany. Although the team prefers to keep a low profile, their combined expertise in computer science and business development underpins the project. They have leveraged their knowledge and experience to create a robust and user-friendly platform suitable for both clients and freelancers.

Question 4

Could You Explain How Blocklancer (LNC) Works?

Accepted Answer

Understanding how Blocklancer (LNC) works is simple. Freelancers can browse through the available jobs posted by clients. Once they find a job that suits their skills, they apply, and if the client is satisfied with their proposal, they're hired. The clients deposit the agreed-upon cryptocurrency payment which is held in an escrow account. Once the project is completed and the client is happy with the work, the funds are released to the freelancer. In the event of any disputes, they are resolved by decentralized tribunals, eliminating any need for intermediary dispute resolution.

Question 5

What Makes Blocklancer's Technology Unique?

Accepted Answer

Blocklancer runs on a tokenized ecosystem where the native LNC token is used for various purposes. The token is instrumental in driving the dispute resolution model of Blocklancer which involves Token Holders Tribunal (THT). They use LNC tokens to vote on disputes, and voting decisions made by token holders are final. Dispute resolution is a major selling point for Blocklancer because in contrast to traditional freelance platforms, it enables dispute resolution that is impartial and not inclined towards the platform's bottom line.

Question 6

How Many LNC tokens Are in Circulation?

Accepted Answer

The circulating supply of LNC tokens is 107.5M, of a total supply of 152.2M. As is the case with many cryptocurrencies, the supply is limited to give the coin value.

Question 7

Where Can You Purchase Blocklancer (LNC)?

Accepted Answer

Blocklancer (LNC) can be purchased on various cryptocurrency exchanges. A few of the exchanges where LNC is currently traded include HitBTC. It's essential to remember that cryptocurrency trading carries a level of risk, and one should never invest more than they can afford to lose.

Question 8

How Can I Keep My LNC Tokens Safe?

Accepted Answer

The security of any cryptocurrency should be a top priority. To keep your LNC tokens safe, here are a few suggestions: 1. Utilize a hardware wallet: Consider purchasing a trusted hardware wallet which allows you to keep your keys offline and safe from potential hackers. 2. Use reputable exchanges: When buying or selling your LNC tokens, stick to reputable exchanges that provide a secure platform for these transactions.

Convert LNC to EUR

Try our Crypto Pro app