Skyllz by Workkola
Skyllz by Workkola Skyllz aims to build a unified protocol to assess, validate and empower human skills changing how talents access works. An open source, distributed and blockchain-based cross-platform ecosystem where users track, showcase and boost their skills with Proof-of-Skill.
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Skyllz Tokens (SKT), an ERC-20 compliant token, enable users to access and transact on the SDP. They serve as a unit of account that enable users to earn, put into practice, validate and certify every positive skill relevant to them across the Workkola platform and all other applications on the SDP (such as e-learning platforms, networking platforms, portfolio platforms, offline education platforms or any other platform that wants to benefit from the value of the Skyllz ecosystem).
SKT is a decentralized utility token of fixed supply that can be integrated into applications as the transactional layer of value.
In the last decade, the acceleration of technology in every industry witnessed the arrival of new jobs and type of jobs (flexible jobs, freelancers, remote workforce…) that did not exist before. In addition, the “commoditization” of academic degrees (and every certification of skills and knowledge acquisition) and cutthroat competition, have shifted the requirements of the labor market, resulting in a new era of skills allocation (evidences and track record of abilities and achievements), skills contextualization (soft skills) and skills booster (attitude).
As traditional ways of skills acquisition and allocation are failing, the $94B predicted market for Edtech in 2020 and the $23B predicted Online Recruitment market seem to be a huge opportunity to tap into.
More precisely, the inefficiency of the system of qualifications and validations of these exponentially growing skillsets needs to be fixed by technology.
Blockchain allows decentralization (removing biases and balancing status quo), certification, unification and meritocratization of every touchpoint of the human’s skills cycle (acquisition, allocation, contextualization and boosting).
Skyllz Distributed Platform (SDP) allows itself and the centralized and decentralized Skills Touchpoints Applications (stapps) on top of it (such as Workkola) to create value-- impact and economic value.
The exchangeable utility ERC-20 token SKT (Skyllz Token) allows exchange of value across the SDP (Skyllz Distributed Platform) and within each Application on it. SKT is thought to help each application build its own internal business model around it and also between all applications to assure value distribution and connection all over the ecosystem.
As the first Dapp on top of the SDP, Workkola’s business model is a transaction fee revenue model in SKT when a sponsored challenge is posted (by a Challenger), a solution is submitted (by a Talent), and a professional opportunity is matched between a Talent and an employer.
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