Ink Protocol XNK | ||||
Decentralized reputation and payments for peer-to-peer marketplaces | ||||
Start date | 22. Jan 2018 | End date | 22. Jan 2018 | |
Information | Ink Protocol is developed by Listia, a P2P marketplace for buying and selling used goods online. Launched in 2009, the marketplace now has over 10 million registered users who have exchanged 100 million items. The company has raised $11MM in venture capital from prominent investors. Listia will be introducing a new decentralized reputation and payment system called Ink Protocol (“Ink”), which is powered by the Ethereum blockchain and XNK, an ERC20 compatible token. Ink helps users safely send and receive payments in P2P marketplaces while earning public reputation for every completed transaction. It greatly enhances the buying/selling process with decentralized reputation and feedback ratings, decentralized escrow for secure payments, third party dispute resolution and very low transaction costs. |
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