Wherevr, disrupting the home-sharing industry.

Wherevr
Wherevr
Published in
2 min readNov 20, 2017

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The home-sharing economy is one of the fastest growing and profitable tech industries of the last few years. Although it is built on a peer-to-peer model, there are intermediaries who facilitate the transactions and earn their money by taking a cut of service fees. They also collect significant amounts of data from people on both sides of the equation that may be exploited for future commercial use. These companies rely on the contributions of users as a means to generate value within their own platforms, however, the value produced by the users is not equally redistributed among all those who have contributed to the value production. Airbnb users don’t receive a share of the $31 billion USD valuation that Airbnb is now worth. In a true peer-to-peer sharing economy, there should never be an intermediary who is in complete control of the network, who dictates the terms and conditions to the value creators or takes a cut of the payment. Wherevr is the first decentralized peer-to-peer community marketplace for people to list, discover, and book unique places to stay around the world. By implementing blockchain technology, there is no longer a need for a central authority to ensure that terms and conditions are upheld and that transactions are conducted accordingly. The distributed ledger technology provides smart contracts, digital identities linked to a publicly-viewable user reputation system and digital currency payments, all of which alleviate the need for a central authority. Governance rights are distributed among the network’s participants across a decentralized organizational structure, making it possible to disintermediate the network and allocate voting rights to their participants. Today’s big disrupters are about to be disrupted.

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