FAQ

What is HireVibes?

HireVibes connects jobseekers, employers, referrers and recruiters on a new job search platform (Dapp) that utilises the EOS blockchain. HireVibes aims to disrupt the recruitment agency industry by leveraging peer referrals to fill open positions, creating a fair incentive model with reasonable hiring fees, and giving to a worthy cause everytime a role is filled through HireVibes.

What is the main goal of HireVibes?

Helping people find great jobs, helping companies (startup's, DAC's, non-profits etc.) build great teams and giving back to the global community using a fair incentive model.

How is HireVibes different than other job search platforms?

HireVibes is empowering a world that values people over profits. We are the antithesis of the current, pervasive model of wealth accumulating at the top. We believe that all people are equal and have a right to the pursuit of happiness. That is why the HireVibes platform is built to help you find the right job or hire the right person, but also to help each other. Help friends and colleagues in their job search with a peer referral and giveback to the global community - a donation is made to a great cause everytime someone is hired through the HireVibes platform.

How does HireVibes improve the job search?

  1. HireVibes job postings are transparent in sharing details so identifying a good match is easy
  2. HireVibes uses a fair incentive model for recruiters and peer referrals
  3. Users have control over their data and can choose whether to make their profile public or private

How can I get in contact with HireVibes?

Email: hello@hirevibes.io

Telegram: t.me/hirevibes_dapp

Twitter: https://twitter.com/hirevibes

Discord: https://discord.gg/SnyuFuw

What is the total HVT token supply?

The total (max) token supply is 350 million HVT (HireVibes Tokens).

The community may vote to burn HVT allocated to HireVibes DAC EOS account until a maximum of 50% of the supply remains (125 million HVT)

How are tokens allocated?

  • 250 million HVT (71.43% of the supply) has been airdropped to the EOS community and allocated to community initiatives - see the Airdrop section below for more details
  • 50 million HVT (14.29% of the supply) will be distributed to the HireVibes launch team using a vesting schedule
  • 40 million HVT (11.43% of the supply) will be allocated to the HireVibes partnership fund which will be managed by the HireVibes Foundation; the partnership fund exists to secure partners that will support the DAPP and build the HireVibes ecosystem
  • 10 million HVT (2.86% of the supply) will be used to setup the HireVibes Foundation; the HireVibes Foundation is responsible for ongoing development of HireVibes and exists to support the growth of the HireVibes ecosystem

When did the HireVibes Token Airdrop happen?

The HVT airdrop started in November 2018 and lasted for approximately 1 month

How many tokens did I get if I held EOS?

HVT were distributed at a 1:4 ratio. This means, for example, as a holder of 100 EOS you were airdropped 25 HVT. Large account holders (accounts with over 1 million EOS) were airdropped a maximum 250K HVT

What is a DAC?

A Decentralized Autonomous Community (DAC), sometimes referred to as a Decentralized Autonomous Organization (DAO), is a community or organization that operates based on a set of rules agreed on by its community of token holders; these rules are coded into smart contracts and operate automatically, or autonomously. Each DAC determines its own set of rules to follow. HireVibes utilizes smart contracts in the EOS.IO Blockchain, which is a secure digital ledger that offers a host of functionality and programmability options to Dapp developers.

Where is the HireVibes DAC Constitution? What is the role of the HireVibes DAC?

The first version of the HireVibes DAC Constitution will be released in Q2 2019, at which time the community will be able to provide feedback and proposals to amend.

The HireVibes DAC will be active after the Constitution and the public beta of the DAPP are released.

In brief, the HireVibes DAC will be governed collectively by its token holders to manage the resources of the community via periodic votes. Any changes that community members would like to see made to HireVibes can be proposed, voted on by the entire HireVibes community - this makes HireVibes a true decentralized and community-owned platform.

What is the difference between the HireVibes DAC and the HireVibes Foundation?

The HireVibes DAC is the community of HVT token holders who stake their tokens and participate in voting, details to be provided in the HireVibes DAC Constitution.

The HireVibes Foundation is a Swiss non-profit GMBH (currently being established) that serves to grow the HireVibes ecosystem and is responsible for ongoing development of the HireVibes DAPP.

The HireVibes DAC will use tools provided by https://eosdac.io/ and Discord to manage the community, voting, communication, etc.

How does the HireVibes incentive model work?

Employers are empowered to set their own reward level (Minimum 6% - Max 12%). When they hire a candidate through the HireVibes Dapp; 3.5% is shared with the person hired for the role; if a peer referred the successful candidate, this 3.5% is split evenly between the referrer and hired individual.

For every position filled through the HireVibes Dapp and paid in fiat currency, 1.5% will be allocated to HireVibes DAC EOS account and 1% donated to a charity; the successful candidate can select which humanitarian or environmental project he/she would like to support through the HireVibes Dapp.

How much does it cost to use the HireVibes platform?

It is free to post open positions on HireVibes, employers only pay a 6% fee (or higher if selected) when a hire is made.

Will employers be able to hide their company name on a job posting?

Yes. Some employers may not want to disclose their company name; however, we estimate over 90% of jobs posted on HireVibes Dapp will display the hirer’s details.

When will the prototype be available?

The first HireVibes (user) prototype was released on Nov 5th 2018 when the HVT airdrop began. We anticipate launching the alpha of HireVibes in Q2 2019.

How do I access the prototype?

Simply create an account and start exploring.

How to I provide feedback on the prototype?

Contact us on any of our social channels or email us at: feedback@hirevibes.io

What is the product roadmap?

The HireVibes roadmap can be found here: https://hirevibes.io/roadmap.html

Where can I find the whitepaper?

Our whitepaper is on Github: https://github.com/hirevibes/docs/blob/master/whitepaper.md

What charities does HireVibes partner with?

Humane Love and Wells for Zoë are our first charity partners.

Wells for Zoë it is an Irish volunteer organization working in Northern Malawi since 2005. The organization’s main focus is giving the rural poor access to clean, safe drinking water. They manufacture a simple plastic hand pump in Mzuzu, a city in Northern Malawi, which is designed to be easy for village women to use and only costs €80 to make. This pump can supply up to 500 people with clean water for life. When a well is installed in a village with this hand pump, less time is spent transporting water from far distances - girls are able to return to school and women have time for other activities. People are no longer too sick to work; gardens are watered and more food is grown; health greatly improves and children grow up into a better quality of life. A simple well can break the cycle of poverty and change lives forever. For more on Wells for Zoë visit: http://wellsforzoe.org.

What is the process for new charities and non-profit organizations to be listed on HireVibes?

HireVibes will have an open application process. This means that any non-profit organization that would like donations will be able to apply to be listed on the HireVibes Donation Portal. The HireVibes Foundation will perform due diligence on charity applications and provide data to the HireVibes DAC on the best (most viable and transparent) charities to vote on to be listed on HireVibes Dapp.

How will fraud be prevented in the Donation Portal?

To be listed as a donation recipienton HireVibes Dapp, all charities and non-profit organizations must provide an itemized list of goods and services purchased using the donation fund. Charities and non-profit organizations that do not comply will be removed from the Donation Portal. The HireVibes development team have been working on a ‘proof-of-donation’ feature to ensure this transparency. The HireVibes Foundation will take an active role in ensuring the integrity of all organisations listed on the Donation Portal.