WONO – PROVIDING A DECENTRALIZED P2P PLATFORM FOR RENTING ASSESTS USING DIGITAL CURRENCIES
The introduction of blockchain technology and cryptocurrency has improved lives all over the world, and the cypto community keeps expanding as the years go by. Meanwhile, digital assets (tokens and cryptocurrencies) have been separated from real assets, making real assets used more frequently than digital assets. People all over the world are interested in peer to peer connections, enabling services and assets to be shared among people. For example, with the use of Uber, people can share their cars with others and get some extra income. However, income generated in normally shared with middlemen who run these companies.
WONO is designed to create a peer to peer platform which enables renting and hiring of assets and services without the use of middlemen. People will also be able to use cryptocurrencies to purchase or pay for services or digital assets. Irrespective of one’s location in the world, connections with people will be easier and more affordable. Cryptocurrencies will also be used to rent houses, rent cars and freelancers. Because cryptocurrencies are digital assets and not yet accepted worldwide, holders will not be required to pay taxes unless the currency is converted back into fiat.
WONO is quite different from other platforms because the tokens can be used to hire or rent different assets (not only limited to houses and cars) and pay for services by freelancers as well. WONO also provides users an opportunity to start their own business on the platform. Users on the platform are required to perform KYC in order to identify criminals that try to venture into the platform. The information stored will also be kept safe and not shared with other people outside the platform. Assets which are published on the platform are priced in USD and then converted to its equivalence in WONO tokens. In case a customer is not having enough funds to hire an asset, he or she can borrow tokens from the platform and pay later.
We will obtain funds for our platform through commissions generated from transactions taking place on the platform. These commissions will range from 1-5% and 25% of it will be used for insurance. The commissions will ensure smooth running of the platform and also ensure that tokens are always available. We are going to use two reporting models: personalized and depersonalized reporting models. The personalized reporting model occurs between a consumer and a company and the company pays a consumer for sharing his or her data. Depersonalized reporting model on the other hand does not give an individual view but a more generalized view of customers on specific services. This does not specify the individual’s view on the specific service. The use of machine learning can help connect consumers to the right resources needed to satisfy specific demands. This will also help to prevent cancellation of contracts and help in rating of services provided.
The WONO protocol has a wide range of applications that are used on the platform. The WONO API makes the protocol readable and its use much easier whiles the WONO Client is a web application that enables users to use the WONO protocol. The WONO token will be the token of choice on the platform for payment of services and other charges. As the number of assets on the platform increases, more people will be using the tokens which will increase its value. The initial WONO token holders will help us to enlarge our community. With the introduction of the referral system too, customers will be paid by the referrals made. In addition, helping other customers develop their businesses on the platform will help increase the membership.
ROADMAP
TOKEN DISTRIBUTION
TEAM MEMBERS
Alexander Esaulov - He is the CEO and Founder
Timofey Esaulov - He is the Business Development Manager
Andrey Chepelev - He is the COO
German Solodov. - He is the CMO
Kirill Pyrev - He is in charge of Investor Relations
Artem Nikonov - He is a Full-stack Developer
Arthur Lavrishev - He is also a Full-stack Developer
Tapendra Shee - He is the Blockchain Developer
Muhammad Faizan Ul Haq - He is the Backend Developer
Maria Polzik - She is the Project Manager
LEARN MORE ABOUT OUR PROJECT ON THE FOLLOWING SITES
Telegram: https://t.me/wonoworld
Website: https://wono.io
Facebook: https://fb.me/wonoworld
LinkedIn: https://www.linkedin.com/company/wonoworld/
Ann thread: https://bitcointalk.org/index.php?topic=3398728
Twitter: https://twitter.com/wonoworld
Whitepaper: https://wono.io/assets/i18n/en/wp.pdf
AUTHOR
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2067551
This is awesome because with WONO, the transactional chain that exist in hiring of items is going to be reduced on the decentralized WONO platform. This would reduce the cost of transactions to a great extent. Great job team.
Renting and hiring services will be much easier. Freelances will also be employed using cryptocurrency, such a great idea
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STOPHiring items has become the order of the day. Providing a decentralized platform for hiring items is the best news I have ever heard. Great work.
Most at times middle men responsible for hiring items tend to charge exhorbitant fees. Removing them will ensure reduction in charges and will help saving money