WONO offers the environment for hire and rental tangible and invisible assets, as well as ordering and performing services based on Ethereum blockchain and the Interplanetary File System (IPFS). The project's goal is to organize perfect conditions for an advantageous trade between clients with insignificant exchange costs, irrespective of location. In most countries, tokens are qualified as digital assets, not money. As a result, all tokens earned on the WONO platform are not taxable until they are changed to fiat. That differentiates WONO from conventional sharing services where asset owners are obliged to pay taxes.5 Problems WONO would solveHigh commissions - Platform’ commissions can be up to 30%. WONO offers 1%–5% commission, which is profitable for owners and investors.Taxation - A freelancer or asset owner must pay taxes as an entrepreneur. A token payee doesn’t pay taxes since tokens are non-taxable digital assets.Currency exchange loss - Parties that are in different countries lose money changing currency for a deal. At WONO, you always pay and get payments in tokens and don’t sponsor banks.Lack of trust- On centralized P2P platforms, ratings and reviews are not transparent. WONO offers an open, community controlled system.Risk of fraud or deal cancellation - Users of traditional services have no guarantees that the deal will be completed and that they will be compensated in case of cancellation. WONO smart contracts ensure that the conditions of a deal will be met. Crowd insurance and crowd arbitrage systems provide compensation if the deal is cancelled.WONO is the only blockchain service designed for minimization of earning and spending in fiat money.Bounty0x username: ifeakinola via /r/icocrypto https://ift.tt/2uFQcBz
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