Layer Protocol Layer Protocol (LRX)

Description:

The decentralized reputation protocol for the global sharing economy, built on the blockchain. Even the bigger players in the sharing economy today have no way of knowing a new user's value before their first transaction. Bad actors moving from one service to the next one are a huge expense in the industry, and these costs get passed on to other users through increased fees. There is currently no way of sharing user reputation data between asset sharing companies. Why would Airbnb even give away their user reputation data to competitors or let's say Uber? While more than 72% of the US population has used at least one sharing economy service, the number for Uber or Airbnb is less than 25%, meaning there is a vast amount of reputation data shared on all sides, and it can drive down operation costs significantly. Layer Protocol aims to resolve the issue, and will first be adopted by Spin, a stationless e-scooter platform. Live in over 50 markets in the US with over 1M rides in less than a year. Layer Protocol will be Spin's base layer for reputation and rewards. Users will be rewarded when their reputation increases.

Category:
Hype:  
Rating: 4.4/10
Project Type: Blochchain
Platform: Ethereum
Location: Switzerland
Total Supply: 400,000,000
Hard Cap: 15,000,000 USD
ICO Price: 1 LRX = 0.0375 USD
Accepting Currency: ETH
Restricted Countries: USA
KYC: Yes
Whitelist: Yes

Start Date

May 12th 2019 09:08 UTC

Days Hours Minutes Seconds

End Date

May 12th 2019 09:08 UTC

Days Hours Minutes Seconds

Team

Euwyn Poon

Co-Founder

Derrick Ko

Co-Founder

Z Cheng

CTO & Co-founder

Galen Danziger

External CTO

Patrick McLain

External DevOps

Advisers

Shayne Coplan

Michael Ma

Dmitry Grishin

Josh Fraser

Matthew Liu

Gee Chuang

Kenzi Wang

David Chen

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