What is Wono?
WONO is a decentralized P2P (peer-to-peer) platform for exchanging property and services. Thanks to the Ethereum blockchain and the Interplanetary FIle System (IPFS), the platform and community are decentralized, which allows users to interact without needing an intermediary.
We are building a scalable platform that achieves the following:
- Builds a bridge between the virtual world of cryptocurrencies and the real world, letting users to go freelance or hire freelancers, hire or rent out cars and real estate, exchange theater subscriptions or gym memberships, and much more;
- Creates a horizontally structured market and redistributes income from middlemen directly to service providers, asset owners, and community members;
- Offers a whole new level of deal transparency and access to information for each transaction, thereby generating trust among market players;
- Eliminates currency exchange fees and international transaction costs, reducing travel and business trip expenses;
- Solves the problem of taxation in sharing economy thanks to the use of WONO1 tokens;
- Introduces new blockchain deal formats, including deal chains and deals with trusted payments;
- Strengthens the role of the community in system regulation using crowd deal insurance and crowd deal arbitrage.
- The current condition and prospects for the sharing economy;
- Advantages of using decentralization technologies;
- The platform’s main features and our vision of its future development;
- Technical implementation of the platform’s business ideas using blockchain technologies;
- Our strategy for creating and growing the community and building trust among members;
- ICO details, the platform’s tokenomics and token metrics.
Around the world, a new wave of P2P, on-demand-driven businesses is disrupting established markets. Whether renting cars or homes or providing micro-skills in exchange for access or money, consumers are showing a genuine interest in a sharing-based economy. The sharing economy includes numerous and varied services and business models that have branched out from the following original core groupings of services:
- Software and digital entertainment.
In 2015 PwC estimated that the sharing economy in 2014 generated a value of $15 billion compared to a value of $240 billion generated by the traditional economy for the same sectors. Forecasts anticipate that by 2025, that amount is expected to reach $335 billion,which is equivalent to 50% of its total value. PwC found in their research that 44% of US consumers are familiar with the sharing economy and 9% are providers in the sharing economy ecosystem. The percentage of the US adult population who have engaged in the sharing economy transaction is 19%.