Australia-based smartphone platform PLAAK has unveiled the new initial coin offering (ICO) with a multi-web payment wallet and attached debit card on its decentralised freelance app.

The PLAAK App is designed to connect customers and service providers, and its BIockchain Ecosystem facilitates direct payment without the requirement for a third party.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The addition of ICO feature enables payment freedom, allowing users to allocate funds within wallet and pay service providers with cryptocurrency using the attached debit card.

The PLAAK App ICO comes with a secure payment gateway and an option for real-time job searching.

PLAAK co-founders Chai Shepherd and Damian Robson said: “Our enhanced features will allow users to purchase and spend cryptocurrency just as if it were money using the debit card attached to the wallet.

“The PLAAK wallet can be used for asset management and is not just a freelance app.

“Other wallets have one problem which is the ability to turn digital currency into spendable currency. We will solve that problem with the PLAAK ecosystem.”

Scheduled to be available through pre-sale in January next year, the ICO is also set to act as an investment fund platform.