injoin
Seven billion smart contractsInjoin aims to make every seven billion population able to share everything. Injoin will discover new values that were not recognized in the past. With the absence of original pricing methods, and through peer to peer connections, injoin will overcome the limits of the modern sharing economy, and embed a higher scalability that existing services like Uber, and Airbnb.
We can confidently help, and find help from people through injoin. This environment will improve our methods when dealing with difficulties. In the past, money has been the major solution for our problems. This isn’t wrong, but actually very practical. However, due to this method, matters that were vague to be priced were easily ignored. Now, through this service we can find these hidden values that were once ignored. Injoin will slightly change your perspective and probably everything you wish to share will be possible.
Connecting to Everyone with your own EventWhat is the standard for people who are searching for an item? It would be the price. However, can price represent every existing value? We are living in a world judging, and being judged by money. It would be great if these pricing methods only apply to objects, but sadly external elements are being judged the same. How can we overcome this?
We decided to exclude pricing when it comes to judging values. People in injoin will be free from the pressure of setting prices when raising a certain event. (Even the existing sharing economy is not free from pricing. The bitter fact is that items that can’t be priced are usually excluded from the sharing list.)
Tangible and intangible substances can all be raised as an event. For example, you can simply find someone to play basketball with, find someone for company during a travel, or even find a senior for advice in your freshman year. Maybe you can ask for feedback as a practicing singer.
What would be your event?
Gas fee Provider for Smart ContractThe disadvantage in using the smart contract would be its expenses. (Ethereum Gas). This can be burdensome for users. We plan to earn service fees through sponsors. The existing major web services fulfill their service fees by making funds through advertisements. The service itself works as a third-party intermediary, with the remaining funds they purchase stock dividends, make payments for faculty members, and use it for improving the service. Sponsors on the blockchain system can advertise themselves for a cheaper price and the payments will be used only for the service maintenance fee. Therefore, smart contract users can use the service without paying anything. ‘Sponsored by Coca Cola’ or Sponsored by your friend who stayed with you for 131 years’ can be a possible example. Not only companies, but also friends can play with sponsoring nicknames. For example, “Sponsored by your first love~”.
Why use blockchain?(Solving P2P trust issue)Every connection in values between peer to peers is possible simply with the absence of the pressure in pricing. It is good to share these values and make ourselves more reasonable, but the world is complicated; in the city, we don’t even know who lives next door, and there are cases where we can’t trust. The peer to peer connection is truly good but it can be frustrating for users when it comes to a connection with someone they can’t trust.
The trust issues against strangers can be solved by list of events. The list of events is all the requests and supported history. These lists of events can be viewed in the user’s profile, and is trustable since the lists can never be deliberately fixed on the blockchain system.
As appeared, on the blockchain system, every list of events is reordered and open to everyone. This allow users to trust each other when requesting or supporting an event. On top of this basis, it is possible for users to connect with a variety of different users.
DAD (Decentralized Autonomous Democracy)It is impossible to fake voting on the blockchain system. From this basis, we have adopted democracy to realize the self-regenerating service, and this will enable global direct democracy. Injoin divides initiate and voting rights which is the main point of regeneration. (Similar to the legal separation of the executive branch and the legislative branch). For example, if initiatives could be made only by stock holders, the service quality can fall. If an initiate has been raised to gather more commission fees and distribute them(in the form of dividend) by the ratio of the amount of stock, most of the iii token holders will agree. However, making it burdensome for users and sponsors by forcing them pay commission fees is not morally right, and creates an obstacle to the autogenous service. To solve this problem, we divided initiatives and voting rights to allow all users participate in proposing an initiate.
Token iii(improve injoin by involvement)There is only one currency. It is the iii token, and the user can use it for two purposes, the first one is using it as a tip and the second is for voting rights.
A tip is a method to repay a person for a return. People can give someone cash in return, but since cash can’t be recorded there is no way to prove that one has actually provided cash for an incident, for future users. If you give tips via iii, you can find your payment history made for a tip by viewing the history recorded on blockchain. The tip can also function as voting rights depending on the amount of retention you hold. This is an important method to maintain an autogenous service. In order to achieve this, user’s consultations must be driven out, and by providing voting rights depending on the amount of iii’s will drive out service improvements from users through a democratic method. The realization of a true DAD (Decentralized Autonomous Democracy), will become a representative unit for value in sharing environment.
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