You might have heard of sharing economy. If you however find it hard to comprehend, relative examples will suffice. The likes of AirBnB and Uber are typical examples that illustrate this. By this economic model, businesses partner among themselves with the aim of actualizing common interest.

Mergers and Acquisitions is another variant to this. But unlike the former, M&A might result in relinquishing your business when the going becomes though. Despite these upsides, the sharing economy is perhaps not moving as expected.
It is partly decentralized but still suckling from the breasts of centralized owners. It is a verifiable fact that businesses would rather pitch their support behind their customers than its staff. The same scenario plays out here. End-users are favored even when they are on the wrong side.

Partnership is the watchword here and hence, the facilitator has to be tipped. This result in huge sums at the end of the day and intermediaries are the ones benefitting from this. Most times, partners find it hard to trust themselves. They might be regarding each other with disdain especially after there had been instances that questioned the transparency of the other party.

In the midst of this heavy storm, a surging wave of peace is being engineered to level these mountains in the sharing economy. #GSENetwork is at the frontline of decentralized solutions to this economic blueprint.

#GSENetwork – Piloting Sharing Economy 2.0

It is assumed that the earliest variation of this had encountered problems and hence, a second variant should be released. The blockchain had been touted as the primary channel to achieve this. There are already decentralized platforms running on this and #GSENetwork is one out of such.

With its coming and the positive tendencies it breeds, GSENetwork is prodding the sharing economy into its second tier. It will be to the economy what Web 2.0 was to the cyber space.

What’s the Possibility?

That is the question that comes to mind when considering other issues that might upheaval the project. Nonetheless, the platform has ready solutions for these downsides. From reduction of transaction fees to reward mechanisms, there isn’t need casting doubts on its functionality.

• DService Platform – Channel for Disbursement
  
  Same way manufacturers need the services of distributors in widening their scope that is what the sharing economy powered by GSENetwork needs in bringing services down to the audience.
  Backed by the Decentralized Service platform, GSENetwork will distribute available services to end-users. This is propelled by the DPoS algorithm.

• Incentive Model
  You might have walked into a mall and received coupons after you might have massively shopped. The coupon serves as a reward for your patronage with the undertone of attracting you to the mall once more.
  GSENetwork harnesses and deploys this idea to the optimum by using the Incentive Model. The core strategy deployed here is green mining. Green mining walks in conjunction with transactions. It is used as reward mechanism to users for their inputs.

• Trust Network
  The survival of every business does not depend on availability of funds. It does not depend on how amazing its service might be. A business primarily needs the trust and support of its customers to grow.
  In an already-fragmented business environment, trust is one factor that is hardly seen. GSENetwork brings this back in grand style.
  The blockchain supported by the DLT will foster decentralized outlook to GSENetwork’s transactions just as data of users will be encrypted against third-party incursions.
  Another vital upside to the trust network is the trust rating. The platform takes into account the behavioral dispositions of its users and rates them accordingly. Thus, other users can decide how trustworthy a user is through trust ratings on his profile.

Token Distribution

Foundation: 20%
Team Members: 15%
Private Investors: 20%
Advisors: 5%
Ecosystem Development: 40%
Below is a graphical representation of the distribution.

Token Sales Information

Token Symbol: GSE
Platform: Ethereum
Standard: ERC20
Type: Utility
Token Supply: 100 billion

Wrapping Up

There is bound to be some revolution in conventional sharing economy. GSENetwork facilitates the much-needed trust that will position the economy for better throughput. As a relatively unknown platform, there is need to attract users to itself.
The incentive model plays great role towards that end. There will be massive adoption of the project in later days. Same way, keen investors will apply its features in conventional scenarios.

The Milestone

More information can be found in the following the links below ;
Website: https://gse.network/
Whitepaper: https://www.gse.network/static/media/whitepaper.pdf
Telegram: https://t.me/GSENetworkOfficial
Twitter: https://twitter.com/gselabofficial
Facebook: https://www.facebook.com/gsenetworkofficial

Writer: CynthiaLM
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1990889
Eth Address: 0x9c02BbE3db37e49A7944E856343819E1e00444A5