ShareRing: World's First Trusted Token for Sharing Services. ShareRing is planning to create a token-based global platform to exchange anything and pay for that with the ShareRing tokens. ShareRing is an on-demand platform that centralizes the highly fragmented sharing economy by bringing together sharing services across all industries and geographies. Using our decentralized marketplace, users can securely access, connect, and pay for services anywhere in the world. A key selling point of the platform is its global approach to the sharing economy.
ShareRing are the developers of the ShareLedger blockchain, a ‘smart service system’ that makes it far easier on a global level for millions of customers to access, and use on demand, a wide range of assets within the fast-growing sharing economy. ShareRing™ has incorporated a number of core elements that together create the smart sharing on-demand service system.
A key selling point of the platform is its global approach to the sharing economy. A user would be able to pay for a ride to the airport in New York, pay for an apartment rental in London, while also paying for a babysitter back home all with one token – the ShareRing token.
ShareRing offers a single app that gives the user access to any available asset they want to rent, borrow, or share, and pay and receive compensation for all within one central location. ShareRing aims to merge all the existing sharing platforms like Uber and AirBnB into a single platform
B2C: simple and easy way to share everything from tools and office space to cars and meals. There’s also no need to keep sharing your personal information with a bunch of different companies. For all of these services you will pay with the ShareRing tokens and stop thinking about expensive exchange fees, international transaction fees, or even which currency is used in this or that country.
For businesses as Uber or AirBnB, ShareRing will allow combining their client bases and offer united services.
The ShareRing platform will use two tokens: SharePay (SHRP) – base currency to allow users to pay for the use of assets. ShareToken (SHR) – utility token to drive sharing transactions to be written to the ShareRing ledger managed by the platform.
The total supply of the SHR tokens is 4 billion, 60% will be sold (2.5 billion are for pre-sale, 1 billion is for sale), 24% – platform and team, 10% – advisors, 5% – bounty program, 1% – airdrop.
The cryptocurrency wallets of the ShareRing funds will be published on the ShareRing website, and therefore will be auditable for everyone. All major expenditures will also be publicly explained.
Tim Bos, the company CEO, previously worked as a blockchain engineer, founded Keaz, a platform for sharing cars. Rohan LePage, the company COO, is also an expert in the blockchain technology.
Among advantages of the project we’d name huge sharing economy industry, its potential growth, and a vacant niche of a company that would combine and unify the current differentiated sharing services around the world. There is a good chance that ShareRing will become the first global decentralized platform for sharing the entire spectrum of services or things – transport, real estate, finance, assets, food, agriculture, etc.