Empleos.io (PLEO) ICO

updated 25 November 2018

Empleos.io is a new technology platform that brings Blockchain, Machine Learning and Rewards system into the online recruiting market.

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Status: ended
Public sale: 15 Nov`18-05 Dec`18
Cap: 21 000 000 USD
Goal: 7 000 000 USD
Price: 1 PLEO = 0.5 USD
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Empleos.io Jobs Marketplace powered by Blockchain

Empleos.io is a new technology platform that brings Blockchain, Machine Learning and Rewards system into the online recruiting market. Our platform transforms traditional recruiting process into a decentralized blockchain environment. It simplifies and incentivizes the “job seekers” in their career search while offering time and cost saving advantages to employers.

Our platform intend to change the hiring process where the employers no longer need to buy access to resume databases from big jobs portals. They pay a small fee (in tokens) directly to a job seeker eliminating the need for intermediaries. Further, users of Empleos.io have the opportunity to earn tokens by using our platform.

Empleos.io is a scalable technology that may be applied to a full spectrum of human resources management tasks as well as to other vertical markets.

Empleos.io platform includes the job board JobsMarket.io where the resumes and jobs search and posting functionality will be implemented. The long term goal of our project is to expand the platform globally to other major online recruitment markets.

Problems Empleos.io Solves

Competition

Real talent is becoming extremely difficult to find and hire. There’s a lot of competition in the market. Both employers and recruiting agencies struggle to find and hire the right candidate. Solution: Empleos.io platform incentivizes candidates to submit their resumes to our database offering token benefits even to candidates who do not look for a new job but could accept an attractive job offer.

Low quality resumes

Big jobs portals are full with low quality (empty, incomplete, low-trust) resumes. Some employers are discouraged in using resume search functionality because of this issue. It’s very time-consuming task for a hiring manager to come across many resumes of questionable quality.

Solution: Empleos.io platform encourages candidates to have high quality trustworthy resumes by using point based reward system, machine learning and human resumes assessment.

High hiring costs

Employers and recruiting agencies pay a lot of money to big jobs portals for accessing their resume databases. The overall hiring cost is increasing constantly.

Solution: Empleos.io platform disrupts the way employers are accessing candidates resumes and significantly lowers the cost of this process offering direct access to a resume for a low price paid directly to a candidate.

Closed technology platforms

There are a plenty of technology solutions for the online recruitment market and the vast majority of them are closed platforms. Once employers adopt a specific platform they become stuck with it because moving to another one is painful and expensive. Many of those platforms use outdated technologies. There’s no opportunity for third-parties to offer alternative tools for those platforms.

Solution: Empleos.io platform is completely open. It offers a comprehensive API for any third-parties who wish to develop alternative tools and solutions for Empleos platform.

 

EmpleosIO has the goal to help recruiters avoid the abovementioned issues:

  1. Our platform will provide enough candidates worldwide including passive talents.
  2. All profiles and resumes will be quality due to our Machine Learning algorithms.

The Solution: How It Works

Empleos.io intends to maximize the participation of both employers and candidates in the recruiting lifecycle. We want to provide a simple, transparent and seamless experience for both parties. Employers get the benefit of finding their top talent matching the skills they are searching for as well as other information about the candidates.

Candidates in turn benefit from receiving tokens for allowing employers access to their profile information. They can use their tokens for any value added services within the platform such as premium search placement. Candidates will also have the ability to turn on / off their profile from appearing in search.

The cost of each employer’s request to a candidate profile on Empleos.io platform is 1 PLEO (about $0.50 depending on a current token rate).

The commission of the platform is 20% for each resume access transaction (about $0.10 depending on a current token rate) .

If the contact between the employer and candidates leads to a successful interview and eventual hiring of the candidate, employers get rewarded in tokens for updating the status within the platform.

About the Platform

Empleos.io platform will contain the following structural elements:

► Blockchain (based on NEM) for storing transaction data

► JobsMarket.io global Job Board

► Decentralized database for storing users profiles data

► Deep machine intelligence for resume profile analysis and search optimization

► Mobile client apps for Android and iOS

► Open API for third-party developers

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