Bithumb Exchange Launches Trading of blockWRK Project WRK Token
29 Julio 2021 - 6:19AM
NEWSBTC
The Bithumb exchange has officially listed the American blockWRK
project’s native WRK token. Trading of the digital asset was
launched on July 27. The blockWRK project’s native WRK token was
listed on the Bithumb exchange’s DeFi board on July 27, 2021 in the
WRK/USDT trading pair. The blockWRK project’s tokenomic model
foresees a total of 11,923,616,243.7293 WRK tokens being released,
with the circulating supply currently standing at 85,869,296.7293
WRK. Trading of the WRK token started at an initial starting price
of $1.01 USDT. Market statistics at the time of writing show that
the token has gained traction since the launch of trading and has
attained a market price of $1.47 per token. The blockWRK project is
a unique HR-focused application that allows businesses to manage
their workforces by setting daily, weekly or monthly goals for
employees. The application includes a number of pre-installed
templates that take into account key performance metrics and allow
managers to include healthy, value-generating, or
productivity-focused activities to be automatically rewarded in
federally approved WRK tokens. The tokens are credited to employee
VISA branded bank cards or accounts and can be converted into fiat,
used as a means of savings, or directed at payroll. The listing of
the WRK token comes as the blockWRK project has announced the
launch of its application on the US market. The partnership the
company has signed with a leading local payroll provider allows it
to tap into an initial user base of over 150,000 American
employees. Further development of the application and the
conclusion of more partnerships in the near future can pave the way
for the company to access over 2 million local workers. The demand
for applications like blockWRK is substantial, considering the
spread of teleworking in the wake of the COVID-19 pandemic. Remote
working may remain a permanent feature of the future working
environment, given that a recent survey reports that 4/10, or 36%,
of employees in the US would prefer to quit their jobs, rather than
return to an office setting. On the company side, the need for
tools for employee motivation is becoming acute in light of the
recent dynamics in workforce preferences. According to a recent
survey by Statista, 64% of respondents from the United States plan
on investing in tools for training managers to manage a more
virtual workforce. 41% of companies invest in productivity
management tools to support remote workforce during the pandemic.
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