Is talent tokenization a reality?

Avatr
2 min readDec 18, 2023

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Modern high-tech projects, such as Avatr, say yes. In the tokenization process, users create an avatar that reflects their talents. In general, the concept of talent tokenization makes it possible for users to earn rewards based on their performance and also allows for the promotion of workforce participants — or Avatrs — with the potential of generating multiple reward streams depending on their level of exposure to talent. The possibilities are endless.

The trend of talent tokenization is gaining popularity! In particular, billion-dollar investments are being directed into this area, developing the concept of distributing funds based on the individual skills and interests of a specific user.

In the DeFi landscape, signs of this trend are evident: projects emerge that convert the time of talented users (such as leaders and experts) into NFTs, allowing them to further work with these assets. This is a great solution for partnerships and service hiring, as well as for the GameFi industry!

What does Avatr offer in this field?

Avatr offers a community created to promote the talents of individual users and advance the personnel recruitment system. Every stakeholder, including candidates and employers, can create an Avatr to obtain Community Membership. To achieve this, we utilize NFT technology, but our Avatrs are more than just images or files — they represent new opportunities for development.

An Avatr is a digital representation of the creator’s measured performance in a tokenized form, allowing for the generation of rewards. These rewards can be accessed by the community through purchase, referral, or as a reward. Community Membership, essentially a stake in talent, is facilitated by incorporating tokenization into the recruitment process. The values of NFTs are dynamic and influenced by the performance of an Avatr; the better the performance, the greater the reward for all holders. This transformative approach will significantly alter the flow of money in the employment sector, with the workplace community receiving the most generous rewards, as opposed to traditional third parties like agencies, job boards, and advertisers.

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