Frequently Asked Questions
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About
HireVibes connects jobseekers, employers and recruiters on a new job search platform, currently migrating to the Stacks blockchain. HireVibes augments the hiring process by incentivising the crowd to source quality candidates, otherwise known as ‘crowdsourcing’. Each hirer is required to set a reward (minimum 3%). When a hire is made, this reward is split among the successful jobseeker; referral agents; the HireVibes Community; and a charity of the new hires’ choice - creating a positive experience for all parties involved.
We’re helping people find new opportunities, helping companies build great teams and giving back to the global community.
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. That is why the HireVibes platform is becoming a decentralised, community driven platform.
You can read our Litepaper here.
HireVibes Reward System
HireVibes rewards are the free crypto rewards on offer to referrers and applicants via the HireVibes App. They are set by companies listing jobs on HireVibes to incentivise crowdsourcing of their roles and these rewards are then distributed to relevant parties once a hire has been made.
Currently on the HireVibes app, there is a minimum reward requirement of 3% (of job salary) to be set when listing a job. However, this is only payable when a hire is made on the HireVibes platform, which means that the HireVibes App is completely risk-free for companies. There is no cost to list a job, and you are able to avail of our crowdsourcing model to incentivise referrals and direct applications to your job. You can always increase the % fee to add further incentive and source even more of the best candidates.
The rewards are distributed between:
- The successful candidate
- Their referrer (if any)
- The HireVibes Community
- A transparent charity
Rewards are distributed in 3 instalments, each 30 days apart, with the first instalment being 30 days after the successful applicants start date.
VIBES Token (VIBES)
Total Circulating Supply of VIBES is 350,000,000
The VIBES Token is the native token for the HireVibes platform. Users can earn rewards in VIBES by successfully applying or referring to a role on our site. VIBES tokens will be used for governance in the HireVibes DAO, launching soon!
Check out our blog ''How to get VIBE$'' here: How to Get VIBE$ Tokens (hirevibes.com)
Staking & Unstaking
At this moment, there are no staking rewards being distributed for staked HVT. We ask users to no longer stake their tokens, as we hope all tokens from this contract will be unstaked and successfully migrated to the new VIBES token on Stacks. You can learn more about migrating your old HVT tokens to VIBES tokens here: Unstaking HVT to convert into VIBES (hirevibes.com).
Our staking page is still live here. If you log in you can see how many HVT are staked, and can unstake by interacting with the widget. We ask users to no longer stake their tokens, as we hope all tokens from this contract will be unstaked and successfully migrated to the new VIBES token on Stacks. You can learn more about migrating your old HVT tokens to VIBES tokens here.
Giving Back
Wells for Zoë is our first charity partner; 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
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.
To be listed as a donation recipient, all charities and non-profit organizations must provide an itemized list of goods and services to be 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.
