Freela logo

Freela (FREL)

Status
IDO
IEO

Freela is a first-of-its-kind DeFi powered and self-governing DAO designed to act as a decentralized broad platform for freelancing transactions.

Freela White Paper Whitepaper

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Interest lvl
Medium
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User Rating
Medium
3/5 1 votes
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Ticker
FREL
Type
Utility-token
Launchpads

What is Freela

The Product : The essential Mantra for success of any product such as freela is being the first and being a hard to emulate model. Freela naturally scores high on both counts.

Freela is one of its kind decentralised and broad platforms for freelancing with assured professional mediation. Its DeFi liquidity pools and DAO governance on Blockchain technology is certainly a difficult to emulate model.

The Market : The potential is huge with almost all the services under the sky being able to benefit from the freela with all P2P, B2P and even B2B transactions and contracts that will find this platform imperative for their businesses. The freela model essentially being free will undoubtedly take the market by storm.

The Promoters : Freela is promoted by VVIT(Vasireddy Venkatadri Institute of Technology), an elite engineering college with enormous captive talent pool and access to an even larger talent pool and market of around 300 engineering colleges through its status of being an essential spoke in the skill development infrastructure of Andhra Pradesh State Skill Development Corporation. The Founder and Chairman of VVIT, Vidya Sagar Vasireddy is acting as an Advisor to Freela.

Freela Roadmap

1
Apr 2021

Fundraising

2
May 2021

TGE & Listing

3
Jun 2021

MVP Launch

4
Jul 2021

Client onboarding

5
Aug 2021

Payment gateway and implementation

6
Mobile version

Q4 2021

Token Sale Dates

IDO

Start date: Apr 27, 2021
End date: Apr 27, 2021

IEO

Start date: May 26, 2021
End date: May 26, 2021

IDO

Start date: May 27, 2021
End date: May 27, 2021

Token Allocation

Total Token Supply 1,000,000,000 FREL
Total Tokens for Sale 70,000,000 FREL

Funding Details

Hard Cap 1,600,000 USD
Funds Raised (as of now) 1,600,000 USD

Token distribution


Token Sale - 16%
Reserved Fund - 5%
CEX & DEX Liquidity and Market Making - 4%
Team - 20%
Advisors - 5%
Partnerships - 10%
Staking Rewards - 15%
Marketing - 25%

Token Price and Payment Options

Token price USD 1 FREELA = 0.0125 USD

Project team

MAHADEV VASIREDDY
MAHADEV VASIREDDY
FOUNDER & CEO
BADARI PRASAD SURYADEVARA
BADARI PRASAD SURYADEVARA
CHIEF FINANCIAL OFFICER
BADARI PRASAD SURYADEVARA linkedin-team
LAKSHMI TRIPIRNENI
LAKSHMI TRIPIRNENI
CHIEF OPERATING OFFICER
LAKSHMI TRIPIRNENI linkedin-team
SIVA PRASAD PINNAMANENI
SIVA PRASAD PINNAMANENI
CHIEF TECHNICAL OFFICER
SIVA PRASAD PINNAMANENI linkedin-team

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