AVT – A Disruptive Solution
This is a compelling set up…employment trends highlight that candidates are looking for more flexibility, balance, and satisfaction; employers need more efficient systems and broader access to more upskilled pools of candidates; and the metaverse is fast approaching.
The status quo cannot be maintained in the face of these prevailing trends. Broken systems, transient workforces, skill mismatches, and constant innovation all represent the perfect storm. This is underpinned by a backdrop of economic uncertainty, financial insecurity, technological evolution, and a loss of confidence in the legacy system. We need to reinvent.
Addressing this requires a disruptive and engineered response that provides a win for all stakeholders. AVT is a Web 3.0 P2P DApp that will correct the shortfalls of the legacy system with technology that incentivizes workplace participants above and beyond traditional norms. AVT will provide excellent utility for employers and candidates in an environment of full visibility, speed, and enhanced user experience. Underpinning our recruitment mechanics is the utilization of NFTs and robust tokenomics that will redistribute what was previously spent in a multi-layered process back to users of the system.
Creating Your AVT
All employers and candidates on the system will create their AVT, which is the first step in the tokenization process that unlocks the measurable value of workplace performance. An AVT is a tokenised representation of the creator’s performance platform.
The NFTs comprising an AVT are created via a minting process and represent a major structural milestone in enabling participation in the system. Performance based rewards generated from these NFTs are shared by the creator and community of holders
Exposure to high performing AVT whose NFTs are dynamically valued to generate rewards can be as strategic as it is rewarding. The opportunity to access a borderless pool of workplace talent will now exist in a system that represents the epitome of shared community success and meritocracy. Performance and system usage is incentivized for every stakeholder, which underpins this unique economy.
AVT technology creates the foundation for an outstanding user experience, innovative opportunities, and vibrant community. We’ve chosen technology partners that will help us achieve the best quality, first-class security, and rigorous operational support. AVT is built for the Web 3.0 citizen to have an immersive environment. As a result, AVT will enjoy an out-of-world experience combined with a transparent and meritbased reward program that supports our play-and-earn economy. Furthermore, it is powered by an easy-to-build 'low code' platform for community members creating and publishing their AVT. The result is a high-quality immersive platform, where users come to both participate and earn, and just as importantly have a heightened experience.
ii) Participants on AVT
➢ Candidate
Candidates can look out for jobs and will earn based on the participation and performance. They will showcase their skills and effectiveness, enabling them to build a reputation and to attract a larger audience and NFT acquisition.
➢ Employer
Employers will engage to secure talent and will also receive rewards based on their participation within the system. Like candidates, they can showcase their history which will be by way of providing meaningful jobs, conditions, and content.
➢ Community
Community members will help to govern the platform and decisions will be consensus driven. They can operate as a “community bridge” by promoting or reverse marketing the right candidate to employers which will generate a reward for utility provided. The interactive, P2P experience between each persona creates a virtuous cycle of collaboration, discovery, and ever-increasing economic activity as more people participate and win together
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