The purpose of LaborX is to facilitate the creation of a truly global, freelance jobs market, that will power the growth of the gig economy and drive mass cryptocurrency adoption.

LaborX achieves this by removing the barriers inherent in conventional freelance work platforms. Digital work contracts formalise the agreement between customer and freelancer, with escrowed payments and automatic settlement in cryptocurrency once key milestones are completed. Intuitive search and a decentralised scoring system enable users to work together with confidence, and a dispute resolution mechanism ensures fast and cost-effective arbitration of disputes if necessary.