The Status Quo
Reputation isn't portable
Reputation is siloed in individual companies and in geographically centralized and non-transparent entities such as credit bureaus.
Reputation affects revenue
The sharing economy is poised to hit $40B in revenues, driven by carshare, rideshare, bikeshare, and vacation rental. Irresponsible users increase the cost of providing services and hinders the sharing economy.
Layer is a complete protocol built on the blockchain that gives sharing economy platforms and their users a universal, decentralized reputation system.
Layer can be easily adopted by existing centralized platforms, DApps, or direct P2P transactions where reputation plays a role (eg. subletting an apartment on Craigslist).
A reputation system that enables sharing economy providers to contribute to and pull ratings of borrowers.
Rapid adoption through the growing Spin ecosystem and strategic partnerships.
LRX, a token that provides the economic incentive for scalable computation of reputation scores through master nodes, encourages adoption of the protocol, and drives community governance.
Euwyn is entrepreneur, lawyer and software engineer who has been involved in the blockchain industry for 5 years. In 2014, he co-founded Delta, one of the first projects to offer interest-bearing Bitcoin accounts, which was backed by Y Combinator, Initialized Capital and Winklevoss Capital. He has spoken at CoinSummit London and Inside Bitcoins and has been featured on Bloomberg, Wall Street Journal, New York Times, Forbes, Vice, CNBC and Fox Business News.
Co-founder of Grishin Robotics, Mail.ru (DST), one of Russia's largest internet companies