Busy Boars

Utility
Blockchain: Solana
Collection size: 3421
Mint date: 9/17/2022
Mint price: 1 SOL
Current floor price (ME): 0.0175 SOL
Total Listed (ME): 342
Total Sales (ME): 16,927.08 SOL
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Last review update April 25th, 2023

About Busy Boars

A fully animated collection backed by the most innovative web3 job and service market One Step Busier. Generating useful Holder benefits and rewards.

OSB (One Step Busier) is a Web3 Job & Service provider, combining the elements of Fiverr & LinkedIn on blockchain in order to facilitate a safe, accessible, and structure job marketplace for crypto & Web3. OSB is free to use for both employers and prospective employees, however there is a cap on the number of daily applications that you can create or submit. By purchasing & owning a Busy Boars NFT though, you gain unlimited access (and applications) to the entire marketplace, and can stake your NFT to earn the $BUSY token (their utility token for raffles, auctions, WL opportunities/mints, and their shop).

Busy Boars was recently acquired by the team from the Stallions

Utility

Users of the platform can create their own profile with their background, relevant job experience etc. (i.e. like you would on LinkedIn), and employers can create their job listings, with required experience, contract length (i.e. 1-off job, Part Time, Full Time etc.) and salary/pay offered (in $SOL). Both parties can then search to find what they’re looking for.

Each transaction (hiring) has a 5-10% fee attached which the employer pays upon hiring someone for their advertised role (i.e. If a job contract is advertised for 10 SOL, they will pay 5-10% of that as a fee, and the hired employee will receive 9-9.5 SOL).
There are 2 types of employers; OSB Professionals are hand-picked/approved through application by the OSB team and will have a 5% transaction fee. Non-OSB Professionals, will have the 10% transaction fee.
This fee is split 50-50, with one half going to the team for future development & expansion (plans to grow into the BNB & ETH chains), and the other half being paid to holders/stakers of the NFT’s as a SOL airdrop (like MBH’s ETH reflections).

There is currently no major advantage for holding multiple NFT’s outside of receiving increased $BUSY staking rewards and SOL airdrops from transactions. However, they are looking into ways of creating benefits/additional utility for “whales” (exact quantity to be a whale not yet set).

Each NFT has Metadata attached to it with roles “Office 1” (highest – ‘CEO’) to “Office 7” (lowest). The role that your NFT has will determine how much $BUSY you receive each week for staking, and will provide access to private Discord chats for the respective NFT role. Have asked whether these 1-7 roles will be in place of the standard rarity types, but haven’t had confirmation on that.

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Review

PROS:
1. I was able to beta-test the website, including creating my own profile, searching for jobs, writing & submitting dummy job applications, and overall I found it to be a really cool, simple, and easy to use platform.
2. Creates a streamlined and more professional jobs platform specifically for Web3. If you’re looking to get employed in Web3, or hire for your project, this can make the whole process so much easier.
3. OSB has already partnered with ~a dozen projects on Solana, and is still expanding their OSB Professional network.

CONS:
1. I understand the logic behind the 5/10% transaction fee, however I’m unsure of my thoughts on Part/Full Time job offers having 5-10% of their salary taken every paycheck. (The flip side to that though is SOL airdrops to NFT stakers which is nice).
2. The current plan is that non-NFT holders will be capped at 3 applications/day. My only concern with this is whether this potential reduces demand for the NFT, as 3x applications a day is a decent amount – depending on the number of positions available etc.

 

Overall I really like what the team is striving to build, and if launched successfully, could definitely be something that grows in value as the utility of this service is something that can definitely help develop the Web3 space by connecting employers & employees in a better way.
Am also excited to see their plans a bit further down the track to go cross-chain with BNB & ETH the next 2 chains they’re targeting.

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