TechNews
Virtual gig bazaar
Raja Ali Hasan
Rajib bought a high-end Nokia N95 cellphone with his own money. Wow! His buddies are amazed. How could he do it as a student without having even a part-time job? 'rentacoder.com'--Rajib reveals the name of his secret employer. Yes, dear reader, there are many websites through which you can make money by investing your various coding and designing skills. rentacoder.com is just one of the busiest and most famous of them. These sites are better known as the freelancing sites where one party posts the problem and the other party sells the solution to the first one. In this computer savvy society more and more students are employing themselves in software development in or outside their educational institutions. But, the general practice in our country is that students look for private tuition to earn some pocket money; some do this for their everyday living. Some job-holders also seek out some extra cash for a better life. In this fast-changing age, freelancing is offering a new vista of opportunities to make money over the Internet for anyone with coding and designing skills. Many sites nowadays facilitate freelance jobs for both parties--the buyer and the coder or seller. Buyers are the ones who need some help to get solution to their software/web/graphics designing projects. They are willing to pay the coder or seller for getting the job done. We can mention, for example, rentacoder.com, which has two sections: one for the buyer and the other for the seller. Both parties first get registered and upload their lucrative profiles. Buyers from around the world post their problems including the requirements, lead time (time to hand over the job) and the maximum price they intend to pay. The coders or developers, on the other hand, bid a price much lower than the maximum. The buyer will then evaluate the developers by their experience and approach, and bid a price in return. If everything is OK, they will contact the chosen one through email to strike the deal. What about money? Well, the transaction of money goes through a process called escrow. It means the buyer will not send the money directly to the coder. They will rather escrow it to rentacoder.com. Rentacoder will pay the money to the coder after charging 15% as facility fee. The site will also ensure that the completed work is handed over to the buyer. Very interestingly, you can put your profile for free and can choose from different payment methods at your convenience. Guru.com, Elance.com, Pajamanation.com are some of the top freelancing websites at your service. They offer you the opportunity to work on your own, having no boss and getting the platform to whet your problem solving skills in an IT environment. If you extend the horizon a bit, you see you can add to the foreign exchange reserves of your country.
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