Aim of Wono

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The project’s aim is to arrange ideal conditions for a convenient exchange between users with minimal transaction costs, regardless of location. WONO is a bridge between the cryptocurrency community and the real world. It allows consumers to use cryptocurrencies for physical asset rentals and the hiring of freelancers. WONO is a platform that allows users to exchange or rent assets and services in a decentralized manner while saving costs associated with taxes and exchanging fiat currencies. The platform will facilitate the sharing of space, transpiration, miscellaneous assets (gym memberships, gadgets, etc). and services. WONO tokens are used as a means of exchange, as well as for insurance and arbitration. Have it in mind that WONO is a P2P platform for rentals and freelancing. Thanks to Ethereum blockchain and the Interplanetary FIle System (IPFS), the platform and community are decentralized, which allows users to interact without a middlemen. WONO is a decentralized P2P (peer-to-peer) platform for exchanging property and services. WONO Details : WONO users can act in 4 different roles at the same time: vendor (rent smth out or perform jobs), customer (rent smth or post a job), guarantor (stake for successful deal termination) and arbitrator (determine affected party in disputes), WONO users can earn and spend tokens on one platform which lets them never withdraw tokens and legally avoid any kind of taxation or exchange loss, WONO combines functions of Airbnb, Turo, Upwork and TaskRabbit on blockchain, and WONO solves 5 major problems of P2P economy: high commissions, taxation of vendors, non-transparency of ratings and reviews, currency exchange loss and risk of fraud and deal cancellation. The most important is that the platform is powered by blockchain technology and WONO tokens. WONO is a platform very similar to giants as Airbnb, Turo, or Upwork, which offer different products and services but for a cheaper price than B2C competitors. WONO aims to solve the problems that these companies have by implementing blockchain technology. WONO works with very small commission (1-5%) and those who use the tokens will not pay taxes due to the fact that the tokens are non-taxable digital assets. The platform has adopted smart contracts that allow users to be sure that their deal will be completed and that they will be compensated in case of cancellation. Crowd insurance and crowd arbitrage systems provide compensation if the deal is cancelled. Additionally, due to the fact that there are no banks or financial institutions involved, WONO transactions do not have exchange rates, users receive WONO tokens for their work or service they provide.
WONO combines functions of Airbnb, Turo, Upwork and TaskRabbit on blockchain, solving major offchain problems: high commissions, non-transparent ratings and reviews, currency exchange loss and risk of fraud and deal cancellation.

WONO Deal Commision

A Commission indirectly regulates the amount and effective value of the tokens on the platform increases the parties’ responsibilities and chances of a successful termination of the Deal. A Commission has deposit nature partially. It guarantees that the party to the Deal who is responsible for paying will be determined accurately at each stage of the Deal’s existence. A business model with zero commission may look attractive to Users, but there are the following risks:

Hidden Commissions;
Token course control through its planned slump;Lack of platform funding.
When the platform uses a Commission, the User is guaranteed the following: Payment on time;
Preliminary asset scoring.

WONO TEAM

Alexander Esaulov – CEO, FOUNDER
Alexey Knizhnikov – COMMUNITY MANAGER
Andrey Chepelev – COO
Anton Guljakin – UI/UX DESIGNER
Arthur Lavrischev – FULLSTACK DEVELOPER
Christopher Ciko – LAWYER

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Conclusion

WONO is a decentralized P2P-platform for exchanging and renting any assets or services without currency and taxation expenses. WONO token is a utility token based on the ERC20 standard. It is used for all transactions among the participants of the WONO ecosystem. WONO can be used for paying for rent, services, platform fees and also for crowd deal insurance and arbitration.

WONO is airdropping 20 WONO tokens for joining and referring 3 friends. ICO token price: 1 WONO = 0,5 USD

They are building a scalable platform that accomplishes the following: Builds a bridge between the world of cryptocurrencies and the real world, letting users freelance or hire freelancers, rent or rent out cars and real estate, exchange theater subscriptions or gym memberships, and more; Creates a horizontally structured market and redistributes income from middlemen directly to service providers, asset owners, and community members; Offers a new level of deal transparency, information accessibility, and trust among market players.

For more information, please click the link below :

Website : https://wono.io/

Whitepaper : https://wono.io/assets/i18n/en/wp.pdf

Aim of Wono | Ecency