Read on Twitter
I'll do a long tweet thread on @ShareRingGlobal and explain why I have been extremely bullish on them ever since I discovered them. And why in fact I am still buying more whenever I can.
Here goes: $SHR
#crypto #blockchain #altcoins #travel #ecommerce #insurance #Sharing
Here goes: $SHR
#crypto #blockchain #altcoins #travel #ecommerce #insurance #Sharing
1. First let's go into the tokenomics.
Frankly they're some of the best tokenomics I have seen in the #crypto industry and here's why:
Every TX on the Shareledger will invoke a fee of 0.02-0.05$ depending on tx size.
Frankly they're some of the best tokenomics I have seen in the #crypto industry and here's why:
Every TX on the Shareledger will invoke a fee of 0.02-0.05$ depending on tx size.
These collected fees will be used to market buy $SHR tokens straight off the exchanges and then get distributed to Masternodes and Stakers. These are called "Flowbacks".
This is done to incentivise people to run and secure the network.
This is done to incentivise people to run and secure the network.
These Flowbacks will result into constant buy pressure for the $SHR token.
"But won't there be sell pressure as well from the Nodes and Stakers?"
Ofcourse. But it will always net into more buying than selling as not everyone will sell and many will rather compound their rewards.
"But won't there be sell pressure as well from the Nodes and Stakers?"
Ofcourse. But it will always net into more buying than selling as not everyone will sell and many will rather compound their rewards.
1. @ShareRingGlobal's current plan is to offer 4 different Apps/Products.
-Sharering Shop
-Sharering Travel
-Sharering Insurances
-Sharering Services
All of these separate Apps will be part of one very large ShareRing #Ecosystem.
-Sharering Shop
-Sharering Travel
-Sharering Insurances
-Sharering Services
All of these separate Apps will be part of one very large ShareRing #Ecosystem.
ShareRing Shop is a platform that allows local businesses to put their wares online. Customers that use the Shop app will be able to shop locally and get 𝗦𝗮𝗺𝗲 𝗱𝗮𝘆 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘆! (usually even within 2 hours)
The Shop has just finished (a very successful) pilot testrun.
This was an invite-only test with just a couple dozen participants.
Just 48 deliveries ended up in generating 300 Tx's on the Shareledger blockchain (yes the mainnet is live).
This was an invite-only test with just a couple dozen participants.
Just 48 deliveries ended up in generating 300 Tx's on the Shareledger blockchain (yes the mainnet is live).
@ShareRingGlobal's plan for the ShareRing Shop is to expand rapidly.
The pilot was ran in Melbourne and works are already in the making to launch in Sidney, London and Bangkok with several more locations to come.
A couple are expected to be up and running already by this July!
The pilot was ran in Melbourne and works are already in the making to launch in Sidney, London and Bangkok with several more locations to come.
A couple are expected to be up and running already by this July!
Eventually even your average Joe like you or me will be able to open up their personal Sharering Shop in your community, heck you could even run one from your garage. @ShareRingGlobal will provide you with all necessary info and software you need.
I don't think I have to draw any further pictures for you to see how much potential there is in the ShareRing Shop. Just imagine if 48 deliveries generated 300tx's, what will hundreds of thousands of deliveries do. And all of those Tx's end up as "Flowbacks".
Let's get into ShareRing Travel.
This app was all but finished and ready for release right when #COVID19 broke out.
For that reason @ShareRingGlobal put the app on hold and decided to refine it as much as possible and prepare for a release once COVID has passed.
This app was all but finished and ready for release right when #COVID19 broke out.
For that reason @ShareRingGlobal put the app on hold and decided to refine it as much as possible and prepare for a release once COVID has passed.
The ShareRing Travel destinations App is much more than just a generic travel app. In fact they turned it into an all-in-one hub where you can book your vacation's Flight, Accomodation, Transport (car rentals) and Activities. $SHR #Travel
Sharering has made it a priority to make sure the travel app has tons of destinations to offer.
As it stands now, over 2,500,000 hotels and short stay accomodations are available on the app. You'll even get to use the Express Check-in Service through the app. $SHR #Travel
As it stands now, over 2,500,000 hotels and short stay accomodations are available on the app. You'll even get to use the Express Check-in Service through the app. $SHR #Travel
Cool thing about this one is also the possibility for cities to whitelabel it. You could for example find a Bangkok travel app that and it will be filled with stuff specific to Bangkok which will help you live like a local. But it will all run on the Shareledger blockchain.
Through the Travel app people will also be able to apply for #eVOA.
An application that would usually take hours now turned into minutes.
Here's how it works: ShareRing will use a combination of OCR, FaceMatching and Machine Learning tech to enable users to create a ShareringID.
An application that would usually take hours now turned into minutes.
Here's how it works: ShareRing will use a combination of OCR, FaceMatching and Machine Learning tech to enable users to create a ShareringID.
A little preview of what it looks like can be seen here: https://twitter.com/TheRealTimBos/status/1213963707446788096
The @ShareRingGlobal #eVOA system is expected to process over 10,000 applications per day and estimates are that it will save their partners more than 100,000$ a month in manual processing costs whole also providing better security. $SHR
Now each #eVOA application will require 6 transactions ($0.12).
Total amount of transactions expected per year are up to 12 million.
Now remember once again, these transactions all get turned into Flowbacks adding another layer of buying pressure for the $SHR token.
Total amount of transactions expected per year are up to 12 million.
Now remember once again, these transactions all get turned into Flowbacks adding another layer of buying pressure for the $SHR token.
