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Job.com to raise up to $50 million in token sale for blockchain-based platform,
NEW YORK (Reuters) - Online employment company Job.com plans to raise between $30 million and $50 million in a token offering this spring to finance a new blockchain-based platform, the company’s co-founder Arran Stewart told Reuters.

The new platform will be launched after the token offering, Stewart told Reuters in a recent interview.

Stewart said the 20 percent fee typically charged for a recruitment process will be cut to 6 percent on the new platform. This will be paid by the hirer for employing the candidate, and 80 percent of that 6 percent fee will be paid to the successful hire as a signing bonus.