The Nebulai Decentralized Solutions & Talent Marketplace (DSTM)
The traditional way of transacting technology solutions and talent in the business-to-business (B2B) sector has its pros and cons. On the one hand, companies that are looking to digitize their business have a range of options available to them through traditional centralized marketplaces.
These marketplaces typically offer reputation systems, payment gateways, and identity verification systems to reduce the risk of dealing with unknown or untrusted sellers, as well as intermediation from a centralized party to facilitate financial transactions.
However, the traditional B2B buying journey can be time-consuming and difficult, and there are a number of pain points that companies may encounter. For example, finding the right technology provider for a business challenge can be a challenge in and of itself, and companies may have to deal with multiple contracts, high legal fees, and complexity, high transaction fees when transferring funds to vendors, and intellectual property that is not monetized.
On the other hand, technology providers can also face a number of challenges when working with traditional centralized marketplaces. For example, they may not get paid on time, or customers may change the scope of the contract; they may not be able to find customers for their solutions or get funding to develop new intellectual property; they may not have an ecosystem that allows them to collaborate with other providers; and they may not have a platform that allows them to monetize their intellectual property.
Nebulai aims to address these challenges by proposing a decentralized marketplace for the B2B sector, which leverages blockchain technology, smart contracts, decentralized identities, and a decentralized reputation system to reduce the risk of dealing with unknown parties, lower fees, and complexity, and create a fairer, more transparent, and more efficient marketplace. Investors will also be able to leverage decentralized finance (DeFi) to provide capital to organizations and technology providers in exchange for a revenue share on the solutions and intellectual property developed in the marketplace. The goal of Nebulai is to create a new and better way of transacting technology solutions and talent, making it easier and more accessible for companies to digitize their business, and creating a more fair and equitable environment for technology providers and talent.Solutions-Marketplace-Architecture-Whitepaper-Update-January-9th-2022