FANTASY is a blockchain-based sharing platform for P2P asset trading. FANTASY was started with the goal of establishing a global sharing economy trading platform. FANTASY is owned trading for are based , the vehicle shall be shared, such as shared accommodation shared economic goals of ecosystem markets can build buyers and sellers to buy and sell partly to the goods and services they have to participate in. Such transactions are possible in a blockchain-based ecosystem. FANTASY allows community participants to directly interact with each other through P2P on the FANTASY platform. This will allow users to directly trade services and products without the need for intermediaries that exist in traditional markets.
Airbnb , Uber, Get Around , Carrot Market, Fiber and Taskrebit are all achieving great success as a sharing economy. Sharing economy refers to economic activities by recognizing that goods are rented and borrowed from each other rather than owned. PwC (PricewaterhouseCoopers , according to), the worldwide sharing economy is expected to grow from $ 15 billion in 2013 dollars 335,000,002,025 years. In terms of revenue from platform providers, the sharing economy reached $18.6 billion in 2017 and is expected to reach $40.2 billion in 2022. Given this growth trend, the sharing economy market will continue to rise in the future.
The market is demanding a new peer-to-peer (P2P) type of transaction. This comes from the following market problems. First, today’s sharing economy market charges excessive fees for services. Second, traditional centralized platform companies such as Uber and Airbnb are taking advantage of their biases. Third, companies that monopolize various product groups in the sharing economy market hinder innovation by preventing competitors from entering the market.
FANTASY proposes the following four missions to solve these problems.
1. Build an efficient marketplace where users are charged low fees .
2. Users own network data, encouraging fair competition with open shared data.
3. We build an open, decentralized network that motivates users, including buyers and sellers, to collaborate and innovate together for the benefit of the community .
4. We take the lead in protecting the environment by activating the sharing economy.
To achieve the above goal, the Fantasy Chainlabs devised FANTASY , a blockchain-based sharing platform for peer-to-peer asset trading . FANTASY will be used as a trading vehicle sharing, shared accommodation, sharing economy buyers and sellers aim to build ecosystems to trade goods and services with their partially participating in. Buyers and sellers can receive rewards and incentives as they participate in, contribute and expand the FANTASY ecosystem. FANTASY is an innovation for the future where more diverse products as well as goods and services of the existing sharing economy are traded on a platform built on the basis of shared data .
FANTASY is a blockchain-based decentralized P2P marketplace that directly connects sellers and buyers . FANTASY is not a centralized platform operated by intermediaries such as Uber, Grab, Airbnb, GoJek , and Amazon, but builds an efficient ecosystem where buyers and sellers around the world can trade directly with each other in P2P form. This will allow users to directly trade services and products without the need for intermediaries that exist in traditional markets. About 15-30% of commissions generated in the existing sharing economy market can be reduced
FANTASY includes a reward incentive mechanism using blockchain smart contracts . Participants in the FANTASY ecosystem can get rewards commensurate with their contributions without a complicated process. FANTASY provides multi-purpose reward incentives to developers, marketplace operators, buyers and sellers to promote ecosystem expansion. Participants in the FANTASY ecosystem can earn rewards by inviting new users to the marketplace, participating in trades, promoting published products, or building new applications. Thus FANTASY is a smart contract and promotes various types of engagement members from the ecosystem through, through which FANTASY ecosystem participants FANTASY promote and to attract new users.