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The employment trends in the gig economy are clear. More and more people take on some form of freelance or temporary work often on top of their full time job. In fact, according to recent estimates, approximately 1.57 billion people, or nearly half (46.4%) of the global workforce, engage in gig work. As gig platforms continue to expand across borders and sectors, this number is projected to keep rising.
In the UK, the gig economy is particularly popular, with many workers supplementing their income with side gigs. According to a recent survey, almost half (48%) of UK gig workers have full-time jobs on top of their side gigs, while 71.5% use gig work to supplement their income rather than provide their sole earnings. The top gig occupation in the UK is online administrative work, with 39% of gig workers offering virtual assistance, data entry, clerical services, or similar computer-based tasks. Sounds like a great way to earn some sats, doesn't it?
Despite the growth and popularity of the gig economy, traditional platforms like LinkedIn have reached their peak and become increasingly plagued by spam from aggressive recruiters and profiles of people with increasingly unverifiable experience. Meanwhile all the centralised platforms like Fiverr and Upwork take a significant cut from freelancers' pay, leaving many workers feeling undervalued and overworked. It's no wonder that many are looking for alternative solutions that prioritize fairness, transparency, trust and compensation paid in money that will last!
Here comes Nostr, a decentralized, censorship-resistant protocol that's laying foundations for the future of the gig work. With its censorship-resistant, peer-to-peer approach, Nostr is poised to revolutionize the way we work and connect with each other. In this article, I'll explore why Nostr is an exciting development for the gig economy, what it means for the future of work and what platforms are already available.
What makes Nostr different? It’s built on principles of decentralization, freedom, trust and Bitcoin as its native currency. Forget walled gardens; with Nostr, your identity is your own. Nobody’s mining your data, and no shadowy algorithms are deciding who sees your posts or what posts you should see. It's a perfect setup for a job marketplace where companies post jobs and freelancers get them done. All paid with Bitcoin with no middleman to take your money
And it’s not just theory. Real solutions are already built, transforming how professionals connect, collaborate, and commit their skills, time and creativity. All open-source and Bitcoin/Nostr-centric.