ShareRing has revealed the upcoming listing of their SHR token on ProBit Exchange. Trading will begin on August 26 at 15:00 KST and features both KRW and BTC pairs to accommodate global and Korean users alike.
The brainchild of a while label car solution, ShareRing has rapidly evolved from the focus on a singular niche and aims to become a decentralized, one-stop marketplace for all sharing services and products. ShareRing is now targeting service expansion into industries such as transport, agriculture, and finance, having already secured investments from US hedge fund Alpha Sigma and capital markets firm 12 Peers.
ShareRing’s key features include a proprietary ShareLedger, the geolocation-based ShareRing travel app, as well as the ShareRing shop where the full array of sharing services can be accessed.
ShareLedger is a custom-designed, immutable blockchain database that incorporates a dual token system. The utility token ShareToken (SHR) provides usability across the ShareRing ecosystem while SharePay (SHRP) serves as the main currency to access the sharing services provided by ShareRing platform.
SHRP are earned from borrowing out assets, services, and allow the service provider to purchase other platform services on the marketplace. Users can stake tokens on the dual-tier platform staking architecture while utilizing a pair of unique nodes to more efficiently process transactions.
ProBit Exchange has recently bolstered their De-Fi offerings with the addition of 8 of the top tokens including LEND, BAND, LRC, BNT, BTT, CHZ, and NMR.
ShareRing is the world’s first trusted sharing ecosystem designed to seamlessly integrate with businesses across a variety of industries from travel, insurance, rentals, logistics, charity, cryptocurrency, and marketplaces. By leveraging enterprise-ready, modular protocol on ShareLedger, ShareRing helps reduce intermediaries to improve and connect services while significantly reducing costs.
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