ProfectMarket View website

A free crowdsourcing marketplace for hiring great professionals for your project

Developer description

ProfectMarket is a new, better way for businesses and individuals looking to hire the best ... More

Editor's review

Published 31 Mar 2014

While we rely on the Internet for so many different things, one of its downfalls is, without a doubt, it's inability to show its personal side - especially in the hiring of professionals to do a particular job. This is particularly evident in business where facts and figures may tell one story but fail to take into account the compatibility factor, amongst other things. In truth, no matter how many ways we professionals try to sell ourselves online, there is absolutely nothing that has the effect of a word-of-mouth recommendation. ProfectMarket is a new marketplace for business and individuals that uses crowd sourcing to find the best professionals for a specific job. And, while it doesn't claim to be an employment office for permanent job seekers, it can be a more reliable way of securing the best candidate for a project that is based on exceptional prior performance. It uses third party, personal recommendations to ensure you find the right lawyer, doctor, engineer, web designer, accountant or technical expert to fit the position you are looking to fill.
ProfectMarket was developed using a unique approach that tries to solve a problem that has plagued the business world for years. The fact is, hiring services online is a judgment call and can't be measured the same way as purchasing material goods. The level of service depends on both the skill level of the professional and the collusion between a particular project's specifications and the expertise of the individuals involved. ProfectMarket goes some way to addressing this by using word-of-mouth and the wisdom of the crowd to help prospective clients find the best professionals for the job. It's aim is to become a vibrant and open market for professional services where the best performing professionals will be rewarded for their exceptional performance. Here's how it works. First up, exceptional professionals - maybe you are an attorney, doctor, engineer, consultant or another service provider who is considered an expert in a particular field - are encouraged to sign up and create a professional profile in order to find new work with new clients. Businesses and individuals who are in need of professional services are then encouraged to create projects. You can beef up your profile by encouraging past clients and peers to recommend you for projects. Whether you are in need of a helpful lawyer, a reliable accountant, an honest financier or a software developer to help build your product, just post it on the online marketplace and let the community of recommenders help you select the best expert to help you, completely free. Alternately, if you have ever hired or worked with an outstanding professional firm or individual, you can recommend them for a project on the online marketplace.
ProfectMarket isnt a job market as such. It will be more useful when used by businesses owners and other independent professionals to find people to work on specific projects with clients. Ahh, I hear you say. Doesn't this system leave the app open to collusion? After all, what's to stop a few friends recommending a particular person or service and tipping the books a little with some kind words? Well, to ensure that there isn't any untoward behavior, accurate and useful recommenders are incentivized with bitcoins for the best recommendations while inaccurate and unreliable ones are penalized. Rather than simply delivering verbal endorsements, recommendations are made using both a 100-point grading scale and an hourly value ratings system. ProfectMarket offers a new, intelligent approach to encourage the best and most qualified professionals for the project you are working on. It does this by harnessing the wisdom of the crowd and manages to supercharge the traditional, trusted personal word-of-mouth referral method to find highly skilled service providers. What's more, this excellent service won't cost you a cent.

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