Episode 19: DECENTRALISED SERVICE MARKETPLACE WITH JP THOR (CEO CANYA)
Published in
2 min readJul 30, 2018
CanYa is a global marketplace of peer-to-peer services with a cryptocurrency payment layer. This episode gives insights into how CanYa functions and talks about it’s journey from being centralized to moving towards decentralization.
Tune in to hear about:
- Background and transition from being an air force pilot to the blockchain/cryptocurrency ecosystem
- Why JP started a decentralised service marketplace
- What does the customer journey look like as a service provider or user
- Use of the token (CAN) on the platform and the tokeneconomics
- How the hedged escrow function works to ensure that the service provider gets paid fairly and not be subject to price fluctuations
- Thoughts on most people in the world not investing or buying cryptocurrency but getting into crypto by earning it
- How CanYa plans to cope with the learning curve required for anyone to store crypto assets
- Why CanYa took the strategy of being centralised in the beginning and over time move towards greater decentralisation — with the eventual goal to be a DAO (decentralised autonomous organisation)
- How CanYa aims to achieve decentralisation over a period of time
- How CanYa is developing infrastructure around having a decentralised marketplace as well
- On-chain governance
- Ethereum 2.0
- Layer 1 vs Layer 2 discussion
- Projects mentioned: Digix, Origin Protocol, uPort, OmiseGo, Humaiq, Trust wallet, Loom Network amongst others
Our guest for the episode is JP Thor, CEO of CanYa , a global marketplace of peer-to-peer services with a cryptocurrency payment layer. JP is a former Air Force pilot, an early Bitcoin adopter and a Blockchain ambassador. He serves as an advisor to multiple Blockchain startups including Loki and Trust Wallet.
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