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The British startup blockudo, Canyudo, released its closed beta social task app in view of its upcoming launch in January 2019, the company said on Tuesday.
It is planned to launch the Canyudo app in Hong Kong before a global launch.
Canyudo is a multi-function app that offers four main functions and services: a merchandise market, a freelance market, an app for activities, such as Trello or Asana, and a global payments service. At the time of the launch of the product, Canyudo mainly addresses the markets of private sale (announcements), temporary recruitment and global remittance.
The platform allows users to advertise jobs, activities, events or items for sale with the option of making or accepting payments in cryptocurrency or conventional currencies. The app connects those with little work and time available to those with a heavy workload and not enough time to complete everything, whether it's a business, a charity or another individual.
The app leverages blockchain technology to improve the transparency and efficiency of payments, game design and a simple and silent UX to reduce distractions and allow users to perform tasks efficiently.
"Our design team has learned their trade in the gaming industry, so we understand the motivating power of a well-crafted game," said Steve Biddick, founder and CEO of Canyudo.
"We are pleased to present the Canyudo app that stimulates pro-social behavior to meet one of our main goals: to drive a rebirth in human cooperation.
"The app is not just about doing things, we improve the chain effects of good actions through an early payment model using an in-app currency to make the impact measurable".
On Canyudo, users can create tasks that can assign each of their interesting contacts individually or to a predefined group of users (mailing list). Users can also choose to broadcast activities to the network so that other app users can search.
In the meantime, users looking for jobs, events or items for sale can specify a search radius. They can donate their time, their skills, or their money to charity or sell them on the free market.
Each user on Canyudo has a profile that can update to display their skills, qualifications and activity categories that fit their work experience so that they can be notified automatically when jobs sent to the network match their work profile.
An evaluation system allows users to evaluate each other when tasks are completed. The app records metrics such as response time and reliability, helping users to highlight the skills and experience of their digital CV.
On Canyudo, smart contracts process transfers of digital goods between entities when the conditions agreed by the parties are met. Smart contracts generated through the use of the app are run on the Ethereum platform (ERC20).
Whenever the app is used to send a payment or document a process through the execution of an intelligent contract, a fee is charged and a charitable contribution is provided. Users of the app can choose the charity that wants this money to be paid. Canyudo says it will allocate one third of its income to charitable causes.
Founded in 2015, Canyudo completed its first equity funding round in May 2016 on Seedrs, where it raised £ 161,770 before launching software development in February 2017. The launch is now conducting another campaign Seedrs which aims to raise £ 160,000 to finance global expansion. An initial offer of coins (ICO) is scheduled for the beginning of 2019.
