WONO

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PRELIMINARY

Today, shared economies suffer from a lack of trust, the fear of monopolies, expensive middleman fees, and uncertainty in the performance of obligations. Let’s see how WONO will resolve these issues

INTRODUCING WONO

WONO is a decentralized peer to peer decentralized network whose mission is to give adopters easy access to rent and hire out tangible and invincible assets. Users will be able to exchange goods and service conveniently with highly discounted transaction costs undermining their locations. WONO will revolutionize traditional rental services with this innovation, consumers will be able to use digital assets for physical asset and to hire freelancers. In some countries deals which involve tokens or coins are considered as taxable commodities and thus attracts a certain percentage from retailers, the gaining party pays an income tax as per the law of that particular jurisdiction.

Users of WONO network can exchange their assets or services directly with another user’s asset or service. There will be no limitations on how to spend owned tokens, renting out, performing jobs or hiring goods and services, all these can be done at will. The use of the blockchain technology decentralized, transparent, secured, fast nature will help WONO serve as an escrow service in all deals amongst its users. Transactions on the platform will be transparent, the driving force of this network is WONO TOKEN will be used for all peer to peer transactions as an internal currency.

HOW WONO WORKS

★ REALTY: WONO offers affordable, hospitable and comfortable apartments in serene environments for users. Peer to peer rentals with home swapping concept is available.

★ TRANSPORTATION: Contractors (drivers) can use their vehicles or rental vehicles for any desired amount of time needed.

★ MISCELLANEOUS ASSET SHARING: Hiring or renting out of any assets in the user's possession is welcomed for example gym memberships, instruments, gadgets etc.

★ SERVICE SHARING: Combination of a freelancer or upwork models for remote jobs and TaskRabbit for micro jobs.

BENEFITS OF WONO

★ Introduction of new blockchain deal formats that ensures trusted payments.

★ Eradication of exchange service charges and international transaction costs, reduced business trip expenses and travel expenses.

★ Transparent transactions and access to genuine and reliable information for platform users.

★ Helps bridge the real world and virtual world by offering users the opportunity to use cryptocurrency as a standard mode of payment, users can hire or rent out vehicles, houses, real estate, amongst other uses.

★ System regulation that allows community members to use crowd deal insurance and crowd deal arbitrage.

WONO ECOSYSTEM

★ Users: Each user profile will be stored in WONO users’ Ethereum smart contract.

★ Deal: Terms and conditions of payment management and asset rental mechanism will be stored in the Ethereum network as a smart contract.

★ Reputation & rating: Qualities of users, available assets and deals will be described and accessible to all for customers to know.

★ Deal signing date: Exact dates of deal registrations will be on the Ethereum network block.

★ Deal execution date: Exact dates deals start getting executed.

★ Insurance deposit: Tokens locked in a deal by deal guarantors until the deal is either executed, terminated or canceled.

★ Commission: Rewards received by platform operators.

★ Customer or vendor security deposit: Tokens locked in a deal by customers until a deal is either executed, terminated or canceled, this is also known as a commission.

★ Asset: any physical asset or service offered by the user will be stored in the Ethereum network smart contracts.

★ Arbitrage: this is a deal cancellation mechanism which uses decentralized voting, and its stored in the Ethereum network as a smart contract.

WONO TOKEN

WONO will be used as the standard cryptocurrency when transacting on the platform, this utility token is an ERC-20 compatible token that will be used to pay for services rendered on the platform. Payments include asset rent or services, platform service fees, crowd deal insurance, crowd deal arbitration amongst others. All unsold tokens will be burned after Initial Coin Offering, no new token will ever be created, minted or mined.

TOKEN INFORMATION

NAME: WONO

TICKER: WONO

NETWORK: ERC-20 COMPATIBLE (ETHEREUM)

PRICE PER ONE: $0.5c

TOTAL SUPPLY: 79,166,667

WONO AVAILABLE FOR PURCHASE: 47,500,000

SOFT CAP: $5,000,000

HARD CAP: $20,000,000

PRE ICO: AUGUST 11TH 2018

ICO: SEPTEMBER 3RD 2018

TOKEN DISTRIBUTION