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Ratings Layer Protocol

The Decentralized Protocol for the Global Sharing Economy

The decentralized reputation protocol for the global sharing economy, built on the blockchain. Even the bigger players in the sharing economy today have no way of knowing a new user's value before their first transaction. Bad actors moving from one service to the next one are a huge expense in the industry, and these costs get passed on to other users through increased fees. There is currently no way of sharing user reputation data between asset sharing companies. Why would Airbnb even give away their user reputation data to competitors or let's say Uber? While more than 72% of the US population has used at least one sharing economy service, the number for Uber or Airbnb is less than 25%, meaning there is a vast amount of reputation data shared on all sides, and it can drive down operation costs significantly. Layer Protocol aims to resolve the issue, and will first be adopted by Spin, a stationless e-scooter platform. Live in over 50 markets in the US with over 1M rides in less than a year. Layer Protocol will be Spin's base layer for reputation and rewards. Users will be rewarded when their reputation increases.

2.2
2 1 expert rating
Benchy 2.1
KYC
Experts
3.0
3.0
2.0
Review: coming soon PRO

Unknown
Token
LRX
Type
Price
1 LRX = 0.0375 USD
Platform
Accepting
ETH
Hard cap
15,000,000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
USA
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Cem Goksel Ozargun, MA, PMP, CSM, PSPO
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Business Analyst, Trader, Lecturer, Jack of All Trades
Rated on Sep 23, 2018
3
3
2
24%

Good community. Positive +

Good partnerships (especially Spin due to co-founding). Positive +

Team are from cool universities but they lack experience in blockchain. Neutral +/-

What is the difference of this project from other decentralized reputation systems like Ink Protocol? There is no reason to reinvent the wheel. Negative -

Asks e-mail address to view the whitepaper. Like a joke Negative -

My overall scores are:
T:3
V:3
P:2

Agree
0
Disagree
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Benchy
ICO analyzer bot
2.1
76%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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