The innovation of blockchain is seen as the solution to the problem and challenges the traditional system or the current system is facing. Some of the features of blockchain that impressed me most is “ability to decentralized a system thereby eliminating power from the central and distribute it to users”. This means users will be the one to determine and control the system.
So the features of blockchain have paved way for many projects to tackle and rebrand a system in a better way.
Today, I want to talk about a blockchain-based project that aimed to solve peer to peer platform challenges. The project is called WONO.
INTRODUCING WONO
WONO is a decentralized peer to peer platform for trading any property and administrations. In a null shell, Wono is a blockchain-based peer to peer platform for rentals and freelancing.
WONO platform is known for "Offer What You Have, Get What You Want"
P2P PLATFORM CHALLENGES WONO WANT TO COMBAT
High commissions
Tax assessment of merchants
Non-straightforwardness of evaluations and audits
Money trade misfortune and danger of extortion
Arrangement abrogation.
HERE IS THE SOLUTIONS WONO WILL OFFER
WONO utilize the component of blockchain to make a decentralized platform and network which enables clients to cooperate without any kind of middlemen.
WONO POINTS AND TARGET ARE:
To fabricates a scaffold between the universe of cryptocurrency and this present reality, giving clients a chance to independent or contract specialists, lease or lease autos and land, trade theater memberships or exercise centre participation and so on.
Makes an evenly organized market and redistributes pay from middlemen straightforwardly to specialist organizations, resource proprietors, and network individuals.
To offers another level of transparency, data availability, and trust among advertise players.
Dispenses with cash trade charges and worldwide exchange costs, diminishing travel and work excursion costs.
Takes care of the issue of the sharing economy tax collection on account of the utilization of WONO tokens
WHAT MORE WILL USERS BENEFITS FROM WONO PLATFORM?
WONO users can act in 4 distinct parts in the meantime:
Merchant (lease something out or perform occupations)
Client (lease something or post an occupation)
Guarantor (stake for successful deal termination)
Arbitrator (decide influenced party in debate).
WONO TOKEN ECONOMICS
WONO token is the utility token for the platform, it is an Erc20 token standard.
WONO users can win and spend tokens on one platform which lets them never pull back tokens and lawfully stay away from any sort of tax collection or trade misfortune.
ICO DETAILS
Token name: WONO
Type: Erc20
Platform: Ethereum
ICO Price
1 WONO = 0.5 USD
PREICO TIME
2018-08-06 - 2018-09-02
ICO TIME
2018-09-03 - 2018-10-01
Softcap: 5,000,000 USD
Hardcap: 20,000,000 USD
In Conclusion
WONO is offering individuals around the world the opportunity to share what they have for what they want, by utilizing the blockchain technology wono will develop a decentralized exchange that will be middleman-free where individuals can earn and spend. Users will be able to exchange and rent any assets or services without currency exchange expenses.
For more information about this project, visit any of the links below:
Website: https://wono.io/
Whitepaper: https://wono.io/resources/i18n/en/wp.pdf
Twitter: https://twitter.com/wonoworld
Facebook: https://www.facebook.com/wonoworld/
Telegram: https://t.me/wonoworld
Medium: https://medium.com/@wonoworld
Reddit: https://www.reddit.com/client/wonoworld
Writer's bounty0x username: timt360