
Share X Corporation
Web3 consumer and financial layer for the sharing economy.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | N/A | Early VC | |
Total Funding | 000k |
ShareX is developing a Web3 consumer and financial layer for the sharing economy. The company aims to merge the physical sharing economy, which includes services like shared bikes and power banks, with blockchain technology through its open and decentralized 'Deshare Protocol'. This integration is designed to create a transparent and efficient network that rewards participants and connects Web3 with established global sharing economy brands.
The company's solution utilizes the Internet of Things (IoT) for its sharing service terminals, Real World Asset (RWA) solutions, and crypto payments. This infrastructure brings real-world shared devices and their fiat earnings into the Web3 space, a process intended to improve capital efficiency. A key feature is the 'Share to Earn' model, which uses a Proof of Physical Work (PoPW) mechanism to reward users and ensure data transparency. For businesses, ShareX offers access to verifiable real-world data and RWA-based financing.
Through its Deshare Alliance, ShareX is building a network of leading brands in the global sharing economy. Partners include PowerNow, which has deployed over 50,000 shared charging stations, and YoPoint, a smart vending machine operator in over 120 countries. Other collaborators are focused on next-generation mobility platforms, manufacturing of shared power bank stations, and AI-powered recycling vending machines. This alliance seeks to drive innovation by exploring emerging business models like PayFi and Offline Marketing.