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coins4favors:  Global favors are just one click away join now and earn daily income

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Why the World needs Coins4Favors?

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The digital revolution has changed our lives to become more comfortable and convenient in many aspects. The global sharing economy has reached $18 Billion in 2017, forecasted to reach $335 billion by 2025. Uber and Airbnb are two great examples of what can happen if you enable a peer-to-peer economy between community users. However, they are limited to two specific areas of service needs, transportation and lodging. Imagine you could turn everyone into a service provider for just about anything.

Buying Goods:

Companies like Amazon and Alibaba have revolutionized internet shopping for goods and created a multi-billion dollar industry by focussing on what people want: easy access, fast delivery, reasonable prices and a convenient shopping experience using their smartphone, tablet or computer.
Buying Standardized Services
The service industry has been revolutionized in the past few years as well, with companies like Airbnb and Uber moving into specific service industries for standardized mass services like transportation and lodging, turning everyone into a potential service provider by establishing platforms for targeted services and payment systems.
What about non-standardized Services?

Ever thought it would be great if you knew someone local or in a remote place who could do you a quick favor?


Someone to wait in a queue
Take a picture somewhere
Look up something for you
Bring something to you or anywhere for you
No giant company helps you find a solution for these things. The reason is that their business models don’t work for these services. Lack of standardization (every favor is different) and no predefined skillset of providers is an issue. Low margins (even though a favor is very valuable to you, it typically is low cost), lack of easy payment systems or substantial overhead costs relative to the value of service, etc. are others.

What is Coins4Favors?

The Coins4Favors system combines innovative blockchain technology with GPS based location services, a state of the art smartphone app and web-based database solutions to allow everyone to request or offer favors including compensation with FavorCoins.


Highlights:

a blockchain driven compensation system
Escrow function to ensure payment
Ratings based quality assurance
Location based filtering
Smartphone-based user interaction



How it works:

Based on several years of experience with location based  apps and in-app communication from our other projects such as TREXCARE  (www.trexcare.net) we have designed a system structure which combines the best of two worlds to generate a reliable and efficient ecosystem. Coins4Favors allows to connect people with a need for a small service or favor with those willing to provide it.
In simple words the process only takes 4 steps:
Specify a Favor Request in the App
Other users in that location get notified and can place offers
Accept an offer and wait for the favor to be completed
FavorCoins are transferred and ratings are given

For more information:
Read white Paper
http://coins4favors.com/#DocumentsSection
YouTube
https://youtu.be/EXquipYf7xk
Official website
http://coins4favors.com/