ICO Review: ShareRing - The World's First Trusted Token for Sharing Services
welcome to looking at the markets with David Moadel I have an ICO review
for you today and a review of a very important platform it is sharing sharing
is the platform and share token the SHR token that's the ICO we're going to
review today on looking at the markets first of all what is sharing sharing is
the world's first trusted token for sharing services and the SHR token share
token you can actually get on the whitelist
right now all you have to do is visit the website that is sharing SH arer ing
dot network the pre token sharing event is happening right now
so what is sharing let's talk about it sharing is the world's first blockchain
powered marketplace for the sharing economy it's one way to pay for sharing
everything no matter what it is or where you are let's talk about share pay sh RP
share pay is the base currency that will allow users of the sharing platform to
pay for the use of third party assets and what is the token the token is SH
are the share token share token is the digital utility token that drives
sharing transactions to be written to the sharing ledger that is managed by
the sharing platform so you have the platform you have the ledger you have
the token it all comes together let's talk more about the token itself the
share the sh our token will be issued on the ethereum blockchain using an e rc 20
token standard great standard a total of 3 billion tokens will be available for
purchase with a USD US dollar hard cap of 38 million dollars I like it when
they have a hard cap that's important the pre token
sharing event is actually happening right now you can get involved if you
qualify the token sharing event begins on June 4 June 4th 2018 the SHR tokens
are sold via a whitelist sale process with a kyc that's no your client
verification process for all contributions so be aware that there is
no minimum investment for the mainsail but kyc know your client verification
and whitelisting are essential this can be done by clicking on the white list
link on the home page once again that's sharing sha re RI ng dot network and we
can look at that white page the the white list button right now right on the
home page here we are sharing dot network the world's first trusted token
for sharing services how do you get on the white list to get involved if you
qualify you can get involved by clicking on there it is that's the button get
white listed simple as that you just go to that button right there so this is
one way we're talking about sharing one way to pay for sharing everything no
matter what it is or where you are you also want to read the white paper it's
available for download you just click on that button right on the home page the
mainsail white list is open so you can if you qualify you can get involved so
it's the only token up to speed with your life sharing the sharing economy
has changed how we work travel collaborate go on holiday lend and
borrow money so why are we still relying on cash and credit cards to net to
navigate it great question sharing is the world's first system
designed specifically for you to share things with others there's no fuss no
currency exchange fees I like that no matter where you are or what you're
sharing its global it's secure it's simple it's instant inclusive one ID I
like that they keep it simple they make it convenient you can share everything
we're already used to sharing things like
car rides and houses that's true imagine a world where you can share absolutely
anything from storage space to tools clothes jewelry food or even your
cooking skills that's what sharing is providing for
with sharing they're delivering a system that's so easy to use all of us can get
on board and it's a global way to pay imagine being able to catch a ride to
the airport in Hong Kong stand up stay in an apartment in San
Francisco and find a dog-sitter while you're away and pay for all of these
with one token that's what sharing is Allah is all about and you can do it
without expensive exchange rates or international transaction fees it's
saving you money it's secure it's convenient here's the security right
here sharing uses a distributed recording system based on blockchain
technology this is on the blockchain making it more secure that means it
can't be broken cannot be hacked both the owners and the sharers can feel safe
that your transactions are secure on the blockchain and there's the app I like
that app a universal sharing app is being developed that will allow anyone
to easily see and use any sharing devices around them each partner will
have the option of developing and mini app within the sharing app that will
have functionalities specific to that partner that's a nice-looking app there
put it right on your phone easy and they're working with the following
companies these are partnerships look at all these partnerships here right on the
home page it's in the news sharing has been in the news you can read all of the
latest developments and you can join the community on telegram just click that
button right on the home page there's the timeline I like it I look for
certain things I look for a white paper which we have and we're gonna look at
that and I look for a timeline so we know where they're going what their
plans are the white list they opened already for the the main sale in April
the KYC commenced in May and June is when the mainsail commences that's when
it starts alright there's the team the CEO CEO oh great team
you can meet them all clicking on that button right there and again download
the whitepaper I recommend it highly you can join them on telegram Twitter
social media learn all about them read their blog get in touch
frequently ask questions you can learn all about them let's look at the white
paper it's 22 pages it's actually very
detailed though for 22 pages they give you all the information you need the
world's first a blockchain powered marketplace for the sharing economy one
way to pay sharing everything no matter what it is no matter where you are read
the disclaimer read the ass read the abstract sums it up for you the utility
token from sharing from the developers of an open-source blockchain based
platform that's what sharing is for the sharing economy the marketplace sharing
are launching a blockchain powered marketplace for the 100 billion dollar
sharing economy it's huge there's a lot of profit potential here as we can see
you can learn all about the team the problem can you name more than five
companies that operate within the sharing economy there are a few of them
uber is one of them you probably heard of that one air B&B after that yeah I
don't know too many of them so we need a solution to fill this gap sharing is the
solution not only provides the solution of the issues but also offers additional
benefits the share ledger blockchain is a core component of this because it
enables universal access to every asset attached to the sharing smart system why
choose the sharing economy well it reduces the global footprint offers
greater social sustainability it's in its infancy you know this is a
ground-floor opportunity is what I'm talking about
multifaceted has many products market segments global reach experiencing rapid
growth multiple characteristics around asset identification identity and
security security is so important that's why they're on the blockchain
multiple benefits for asset providers and users areas of applications so many
of them transportation delivery drivers agriculture finance food
Travel real-estate time assets transportation all of them features and
benefits oh my goodness of the share ledger blockchain platform so many
benefits quick and easy sharing transaction validation immutable records
of data additional attributes may be added to an account ID confirmation
rental history asset ownership and so on the share pay shrp is used by customers
to pay for the rental of assets the share token that's what we're talking
about today is used by providers to pay for their access to the share ledger
blockchain including the addition of assets renting out of assets at adding
attributes adding smart contracts and other features providers can earn share
pay by renting out their assets like a car for example and then use those
tokens for let's say renting out the apartment thanks to the multi industry
application earn additional tokens by hosting a node and custom rules may be
added to assets or wallets to allow for various sharing scenarios you want to
read this carefully this is the white paper you can learn about the share
ledger blockchain platform we're not going to read every single thing here I
want you to read this on your own learn about share pay the share token we
talked about those the accounts the assets and they use smart contract
technology the utility of sharing again read about it the accounts how the share
ledger wallet works it's a lightweight wallet written in JavaScript connects to
the remote nodes via RPC for access to the blockchain learn about the proof of
state consensus assets and so on here's the view the simplistic the simple view
of how it works there it is there's the chart how everything is integrated in
the ecosystem at sharing this sharing app I like this app look how beautiful
that app is it's nice a universal sharing app is being developed that will
allow anyone to easily see and use any sharing devices around them it's nice
looking okay we're talking about the sharing transaction fee distribution
most transactions with the exception of exchanging share pay to share token
between wallets on the share ledger blockchain
will incur a small transaction fee payable by providers and share tokens
that's the token we're talking about today this fee will reduce over time
that's good inversely proportional to the current demand of SHR tokens all
right let's talk about fee and SHR token they
have examples here the fee target the 2-year target here's how they plan to
make the transaction fees as low as possible the development timeline we
talked about it here it is the timeline where are they going what's their vision
how are they developing this platform and the token token sale terms of issue
we talked about how the pre token sharing event that was you know says
here back in February 2018 the pre token sharing event ends in May May 2018 and
the token sharing event period starts June 4 2018 and they're selling the SHR
tokens through a whitelist sale process so you want to get on the whitelist if
you want it if you're qualified to get involved get on the whitelist there
that's the way to do it there has to be a que they want to have a kyc no your
client verification process for all contributions
all right the token allocation and the funding allocation I'll let you read
that you can see some of it is by airdrop some goes to advisors bounty
program sharing and the contributors that's the bulk of it 60% and the team
once again great developers great leadership fantastic there's the
development team right there and the advisory team you can meet them all
right there on the white paper all right that is sharing I like it where do you
start you start on the home page that's where you start sharing sha re RI ng dot
network and you can get whitelisted after you do your research learn about
it read the website read the white paper if you qualify get white listed by
simply going to that button right on the home page there this is sharing it's the
world's first trusted token for barring services I'm excited about it I
think this is a fantastic opportunity my name is David Modell this is looking at
the markets I'm gonna keep bringing you these fantastic
ICO opportunities and platforms that are going to help you and are helping people
worldwide thank you so much for watching and listening and I'll talk to you again
soon
you
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