Ink Protocol
Ink Protocol
Blockchain

A decentralized reputation and payment system for P2P marketplaces.

TIME
Starts January 22, 2018
TICKER
XNK
TOKEN TYPE
ERC20
PRICE
1 XNK = 0.10 USD
TOTAL SUPPLY
500,000,000
GOAL
$15,000,000

Ticker: XNK

Token type: ERC20

ICO Token Price: 1 XNK = 0.10 USD

Total Tokens: 500,000,000

Available for Token Sale: 30%

Whitelist: Yes (Join)

KYC: Yes

Unable to participate: USA, CHINA, CANADA

Accepts: ETH

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.

Ink ​can ​be ​integrated ​into ​new ​or ​existing ​marketplaces ​and ​can ​also ​be ​used ​in ​marketplaces that ​don’t ​directly ​handle ​payments ​(eg, ​Craigslist ​and ​Facebook ​Marketplace). ​For ​sellers, accepting ​Ink ​builds ​up ​their ​public  reputation, ​which ​allows ​them ​to ​start ​selling ​quickly ​on ​new marketplaces ​without ​needing ​to ​build ​reputation  from ​scratch. ​Buyers ​can ​view ​any ​seller’s reputation ​across ​multiple ​marketplaces ​and ​confidently ​pay ​using  either ​automated ​or human-mediated ​escrow ​contracts. ​Payments ​can ​be ​made ​and ​received ​natively ​using ​the  Ink Protocol ​Token ​(XNK) ​or ​converted ​easily ​to ​and ​from ​fiat ​currencies ​like ​USD.

Team