ShareRing: Crypto for Sharing Services

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Keaz is an online car sharing service provider. They started their journey in 2013 allover in Australia, USA, Vietnam, New Zealand, Hong Kong and now planning to expand in Europe. During their endeavor, they highly felt the necessity of a platform where all sharing ecosystems will be integrated together. Surprisingly there are more than thousands service sharing companies like Uber, AirBnB, Keaz etc. who follow different payment methods and signing up activities which is a big hassle for the users.

What can be the possible solution?

Keaz has introduced a whole new platform, ShareRing where all share provider companies will open their accounts as partners and users will use an app to reach those services. Foods, space, office rent, caravan, transportation, equipment etc. each and every services will be available in ShareRing. Wonder of ShareRing doesn’t end here. It will introduce a new cryptocurrency ShareToken (SHR) which will be used as one of the payment methods in ShareRing platform. Another payment method SharePay (SHRP) will be there acting as currency. No fluctuation of prices will ever occur.

Attractive Features of ShareRing:

  1. Quick, easy and reliable sharing transaction validation
  2. Transparent records of data
  3. A provider can earn SHRP by renting his or her assets (flat, car etc.) and then use those tokens to rent something from ShareRing platform.
  4. Earn additional token by node hosting
  5. Personal wallet rules can be customized.

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Utilities of ShareRing:


Accounts: ShareRing will use a ShareLedger wallet which is a lightweight wallet written in javascript which will occupy some kilobytes in your mobile. Through this wallet you will be able to:

  1. Via SHR and SHRP balances
  2. Transfer SHR and SHRP to another wallet
  3. Purchase SHR
  4. View all histories of transactions
  5. How much assets leased can be monitored
Assets: All assets will be tokenized so those may be moved to another wallet. So whatever asset you lease, you may move those to a third party.

ShareRing Transaction fees:

ShareRing will incur small transaction fees payable. Those fees will be through SHR. Commercial/ individual users don’t need to purchase a SHR cryptocurrency on an exchange to participate in the ShareRing ecosystem. They can simply use their credit cards for the payment method. Hence no knowledge of blockchain/ cryptocurrencies are required for ShareRing platform ecosystem.

Initial SHR Target:

Keaz focuses to be number 1 in car sharing business. Initially 750000 SHR per month is their target. This may end up in 720,468 SRH profit meaning only 3.37% overhead will be used! Within 24 months there will be at least 1,000,000 assets in the ShareRing ecosystem with an average transaction fee of 20 SHR per month.

Fund Allocation:

  1. 30% for ‘incubators’ setup and bonuses
  2. 30% for main-net development programs
  3. 20% for global promotion
  4. 10% for R&D sectors
  5. 10% for contingency funds

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Why should we invest in ShareRing?

ShareRing is providing its customers both with crypto token and currency at the same time which is a complete new concept
A proven crypto payment method which is already been used worldwide
All services will be integrated by an smartphone app
No need of crypto knowledge for investment, good news for newcomers

The future is in ShareRing for sure. Are you with it?

ICO NAME ShareRing
Website https://sharering.network/en
WhitePaper https://sharering.network/files/sharetoken-whitepaper-en-web-v1.0.pdf
Twitter https://twitter.com/shareringco
Facebook https://www.facebook.com/ShareRing.Network/
Telegram https://t.me/ShareRing
ANN Bitcointalk Thread https://bitcointalk.org/index.php?topic=2977847.0
Author Bitcointalk ID oscarclows
BTT link https://bitcointalk.org/index.php?action=profile;u=1769225
ETH ID 0x74fC3dD1Ce23826800e7675e039fAb8F1cC37390

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