WONO, a Malta-based P2P platform and Shareblock, the company from Seattle which builds the first blockchain infrastructure for sharing economy applications, have signed a partnership agreement. Together the two startups are willing to build a worldwide ecosystem for all kinds of sharing to compete with Airbnb, Turo and Upwork offering an alternative blockchain-based solution.
Shareblock completed several core service modules development and is now focusing on building Superchain, a new blockchain based on delegated proof of stake (DPOS) consensus which has proven to be the fastest, most efficient, most decentralized, and most flexible model available. The infrastructure is designed to support high traffic applications and provide pre-built service modules that support every link in sharing economy from payment, IoT integration, identity to review.
WONO is a P2P platform for sharing both physical and invisible assets: homes, vehicles, professional equipment, and also time and talents. The ecosystem will let users earn tokens sharing what they have with others and spend them getting what they want from others. One single WONO token is used for any kinds of transactions, so once earned, tokens can be spent at the same place without withdrawal and exchanging. Decentralization and additional income from selling tokens will let WONO offer a significantly lower commission comparing to off-chain services: 1-5% per deal.
“I’ve first ecountered Shareblock in Seattle, at Blockchain Conference - their pitch was scheduled a couple of hours after ours. Quite soon I’ve understood that this blockchain is exactly what we needed. We were thinking about making a partnership with a technological partner but Origin Protocol’s solution on Ethereum and and their business model which included numerous single-market projects with their own currencies didn’t seem attractive enough. But Shareblock’s idea of a DPOS-based chain is really great! We’re proud of making such a transatlantic alliance” - said COO at WONO Andrei Chepelev.
Right now Shareblock team is working hard on the chain itself and WONO team is focused on the proof of concept which will be released in November. The market-ready WONO platform is going to use Shareblock’s superchain. So in such a manner two startups are sharing development efforts cutting expenses and building a high quality product at the same time.