GSENetwork — Decentralized Trust Network for Sharing Economies

in #cryptocurrency6 years ago

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What is GSENetwork?

GSENetwork creates a decentralized trust network for the sharing economies based on blockchain technology.
GSENetwork focused on Global sharing economy as their launch pad and aim’s to build a decentralized trust network to solve trust issues that has burdened the growth and proliferation of the sharing economy. They envision that GSENetwork will seamlessly connect the interactions of every user, asset or service anywhere in the world.

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Problems that Currently facing by the Sharing Economy

After a big exponential increase in the rate of adoption of the internet over the past 20 years, it became a platform that facilitated the genesis and rise of the sharing economy. Driven by a shift of emerging trends, the quest for new experiences , economic benefits, increased environmental and social awareness, the sharing economy has seen phenomenal growth.

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Mission

GSENetwork are here to disrupt the current sharing economy with a transparent and more secured network powered by the blockchain technology.
Solutions Provided by GSENetwork

Next generation sharing economy sculpted by GSENetwork can be outlined using these three (3) Pillar Infrastructures.

  1. Decentralized Service is providing robust distributed service infrastructure to support sharing economy business.
    -Order Dispatching System
    -Anti-fraud System
    • Multi-Dimensional User Profile Rating System
    • Pricing System
      By doing so, all the sharing economies DApp built on our network will be able to focus on their core businesses and the network will support them with robust distributed infrastructure.
  2. Incentive Model is a revolutionary Green-mining approach to mine tokens through user engagement in the ecosystem.
    -User
    -The Foundation
    -Suppliers
    -GSE Holders
    Network participants can get rewarded for every valid transaction they make, naturally creating an incentive to record more activities on the blockchain. Incentives will be balanced dynamically based on the ecosystem activity, with the aim to ensure fairness across time periods.
  3. Trust Network all users will be able to determine their own trust profile and receive GSE tokens as incentivization.
    The incentives and tokenomics of GSENetwork are designed to encourage more user interactions and to scale the network effect.
    When the network records more user activities and behavior, it creates a trust profile of each individual user. This forms the framework that the network and the users depend on.
    Users will get to decide the quality and quantity of data they provide. The more you share, the more valuable your trust profile becomes, the more incentives you get.

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Tokenomics

GSENetwork token is named GSE. Their system will produce a certain amount of token in every fixed period of time, this proccess is accompanied by 2 categories of behavior in the system.

  1. The users participation in Green Mining of the sharing economy.
  2. Node’s participation in the Accounting.

In each certain period the produced token will be distributed to those categories of users based on certain proportion.
Why Choose GSENetwork?

GSE is designed to be used solely on GSENetwork as a unit of exchange for all services on GSENetwork, as well as providing the economic incentives which will be consumed to encourage the participants to contribute and maintain the ecosystem of GSENetwork.

GSE:

  1. is Non-refundable and cannot be exchanged for cash.
  2. does not represent or confer on the token holder any right of any form with respect to the foundation.
  3. is not intended to be a representation of money, security, commodity, bond, debt or any other kind of financial instrument/investment.
  4. is not a loan to the foundation.
  5. does not provide the token holder with any ownership or other interest in the foundation.

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Token Distribution

GSE token distribution is divided by 5 categories and the entire volume of the token shall be 100 billion (100,000,000,000).

  1. 5% is allocated to the advisors of the project.
  2. 15% is allocated to the team who works for the success of GSENetwork.
  3. 20% will be released to the private investors.
  4. 20% is allocated to the Foundation to provide support for community.
  5. 40% will be set aside towards ecosystem building such as green-mining, strategic partnerships, ecosystem incentives etc…

USEFUL LINKS

Website: https://gse.network/
Whitepaper: https://www.gse.network/static/media/whitepaper.pdf
Telegram: https://t.me/GSENetworkOfficial

Information of the User created this article:
BCT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1730377;sa=summary
ETH address: 0x586835E518D1181870d3c3244A18ee679ACDDd80

This is a Promotional Article, I encourage you to read the whole article.