It will challenge the core model of platforms like rideshare, food delivery, task and specialized services and more by creating a unified, patented app-less ecosystem where jobs are sourced, monetized, and fulfilled in real-time through a direct connection.
Eliminating high platform fees.
Instead of charging businesses high commissions (often 20% or more) for connecting them with gig workers, Netverse will use a reward-based, point-of-sale transaction-fee model of 10%.
- For businesses: A restaurant through Netverse can provide delivery service instantly through Bide. It will find a delivery driver through a real-time bidding process amongst multiple drivers. They each bid the price they will do the delivery for. This guarantees the customer will receive the best possible price. This happens directly within the platform, eliminating the need for third-party services and their associated fees.
- For gig workers: Workers receive the price they bid for their services, which is more transparent and potentially more lucrative than the compensation structure on traditional gig platforms.
Automated and real-time job matching.
The Netverse platform will use Netverse, AI and real-time data to connect businesses with gig workers instantly, making the process more efficient than manually posting jobs on separate apps.
- AI-powered sourcing: Netverse can analyze a business's needs—such as a restaurant needing a delivery driver during a sudden rush—and automatically trigger an offer to a nearby, available gig worker.
- Streamlined fulfillment: Once the job is completed, the payment and rewards are processed through the Netverse's PhingePay®, simplifying the entire hiring and payment process.
Integrated identity verification and trust.
Netverse's hardware-based verification system builds a higher level of trust within the ecosystem, benefiting both businesses and gig workers.
- For gig workers: A verified professional profile on Phinge Connect highlights skills and experience, making it easier to be selected for jobs. A worker's reputation is tied to their verified identity, providing a trusted signal to businesses.
- For businesses: A business owner can have higher confidence in the reliability and identity of the gig workers they hire through the platform.
Portable and transparent rewards.
Unlike traditional gig economy platforms that offer limited perks, Netverse's universal reward system, will create a more robust and valuable incentive structure for gig workers.
- Monetary incentives: Workers can receive "same-as-cash" extra rewards for completing gigs, which they can then spend at any other business on the Netverse platform. This creates a valuable, portable benefit that extends far beyond the original job.
- User-driven economy: The reward system encourages more engagement within the Netverse ecosystem, creating a virtuous cycle where more business and user activity leads to more opportunities and rewards for gig workers.
Seamless, app-less experience.
Netverse eliminates the friction of managing multiple gig apps for different services by integrating everything into a single Netverse platform accessible through Phinge hardware.
- Centralized management: For gig workers, this means no longer needing separate apps for ride-sharing, food delivery, or local tasks. A gig worker could find a delivery job, an office task, and a handyman project all within the same ecosystem. This can mean more daily revenue and less downtime.
- Integrated job search: The Phinge Connect feature allows gig workers to network and find job opportunities directly within the platform, using filters for skills, location, and job type
Summary of Netverse disruption
Netverse's strategy is not to build a better version of today's App-based gig-economy platforms but to re-architect the entire ecosystem and experience to benefit all gig workers. By giving them control over their pricing, scheduling and rewarding them financially with same-as-cash rewards, it will challenge the core gig economy model of platforms today setting the prices. Combined with hardware-level security and a unified rewards system, Netverse aims to create a more transparent, secure, and financially rewarding online and real-world environment for both users and independent gig contractors.
To learn more about Bide ride-share and Bide Bides restaurant and food delivery please visit them here
https://www.mybide.com/
You may learn more about Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at
https://www.phinge.com
To get on a contact list please fill out the online form here
https://www.phinge.com/netverseai.html
About Phinge Corporation
Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.
Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.
Netverse will not be an App or Super App that resides on the major technology platforms of today.
Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable batteries and built-in sensor screens for continuous usage without recharging. Smart Watches that never need to be physically charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.
Netverse will be a verified, centralized-decentralized platform.
Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.
Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.
Decentralized because all third party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.
Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.
Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.
Photos: (Click photo to enlarge)
Source: Phinge Corporation
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