Introducing the concept of shared economy: Eminent
What’s up everybody WAJAHAT is here with another exciting blog on Eminent. The main players of the social media apps are the users who contribute to the earning status of these apps by creating the more value to their platforms. From the past two decades, people becoming advanced and believe on to adapt the advanced methods and prefer them on to traditional methods. Previously, centralized organizations operated worldwide and their mode of work largely depend on the many intermediaries which is often dominated by the single entity who direct the whole organizations. The need of the new method arise due to the unequal distribution of the value among the users which effect the efficiency and cause the need to address this problem. The appearance of blockchain has the ability to change this imparity. Blockchain make it possible to secure the exchange of value in a decentralized manner eliminate the need of an intermediary. As the decentralized platforms are increasingly shift the trend, this shift also eliminate the need of buildings, physical infrastructure or the physically presence of the individual. Joblessness also play a role in the emergence of the new technologies as it becomes the utmost need to create a platform which is used to exploit the talent of our young generation or who direct the capabilities of new generation. A new app named beep-beep is developed which functions peer to peer and a mobile operated app that generate the economy to help the needy by either assets or through skills depending on the type of need they want.
It works in a way by developing the connection between the helper and the individual who need help. No reward is issued to the helper as it is only meant to take a one step further under the name of sharing economy. There are other businesses models who work on the same mode but take a commission of about 10-25% of the fee that the service providers got like uber or Airbnb. Beep- beep nation is not the service provider app and they do not hire the helpers as their employees or their members. The request charges which the beep-beep nation charge to requestor is the usage fee and not for the helpers. Helpers may get the gratitude tip from the requestor and the beep-beep nation will not take any commission from the gratitude tip. This shows the decentralized nature of the beep-beep which is the basic advantage of this app over the other apps. Aside from the gratitude tips which are not the driving force for our users to help the other without any rewards. Sometimes it do not take yours anything to help the others, as you go somewhere and the requestor may have their destination in your way, than dropping someone in the mid of your way do not cost you much in fact you may find a good company or maybe you find some beneficial business contacts. In a either way you don’t loss anything.
Website link:
https://eminent.beepbeepnation.com/
Whitepaper link:
https://beepbeepnation.com/eminent-white-paper-2.4.pdf
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