🤔The Problem: Origins of Trustless Work
Every great innovation starts with a problem. For Trustless Work, it began with firsthand experience in the inefficiencies of traditional contracting and payment systems.
A Firsthand Encounter with the Problem
👨💻Personal Experience in Product Agency
Alberto, the founder of Trustless Work, encountered these challenges while running a digital product agency. The pain points were clear: traditional payment models were unreliable, inefficient, and costly.
🔄Client & Service Provider Dual Role
Acting as both a client for Argentine development teams and a service provider for U.S.-based clients revealed a flawed system, including:
⏳Payment Delays: Long waiting periods created cash flow crunches.
💰Upfront Costs: High initial payments were risky for clients and service providers alike.
⚙️Inefficient Models: The typical payment structure—50% upfront and 50% upon delivery—left both sides vulnerable.
🌎Validation of the Problem
Alberto’s insights were validated while engaging with other agencies during a pop-up city in Buenos Aires. It became evident that these challenges weren’t unique—they were systemic.
The Need for a Solution
The inefficiencies of traditional systems inspired the idea of a better approach:
🤝A payment model that minimizes risk for all parties involved.
⚡Automation to eliminate delays and reduce manual intervention.
🔍Transparency to foster trust between clients and providers.
What’s Next?
Alberto now had a great problem to solve—he just needed a team crazy enough to believe in the vision and help make it real!
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