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ShareToken Stock

ShareToken

SHR

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ShareToken Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
KuCoinSHR/USDT01,556.635,366.5199,147.880.01cex2997/9/2025, 6:23 AM
GateSHR/USDT079.16387.2680,736.380cex437/9/2025, 6:23 AM
TothemoonSHR/USDT030.5227.981,287.960cex14/15/2025, 12:27 PM
ProBit GlobalSHR/BTC000475.810cex17/9/2025, 6:15 AM
ChangeNOWSHR/BTC0102.61102.61178.690cex427/9/2025, 6:18 AM
KuCoinSHR/BTC00056.160cex17/9/2025, 6:23 AM
Gate.ioSHR/ETH00000cex14/8/2025, 6:32 AM
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ShareToken FAQ

What is ShareToken (SHR)?

ShareToken is a digital utility token utilized for making payments for sharing services across various industries and geographies on the ShareRing platform, which encompasses the ShareRing application, ShareRing shop, and each user's ShareRing ID. ShareRing is an open-source, blockchain-based platform that leverages distributed ledger technology and employs a dual token mechanism. According to the developers and founders of the ShareRing platform, the current service sharing economy is highly fragmented and complex, potentially overwhelming consumers. The integration of ShareToken within the ShareRing platform addresses this challenge by providing a unified decentralized marketplace and digital currency, enabling secure access to global services and facilitating payments. In 2019, the platform’s creators and the associated digital currency shifted their focus to the travel industry, resulting in the development of TravelRing—the first B2B consumer-first demonstration of the capabilities enabled by the ShareRing platform. In addition to being used for transaction fee payments on the ShareRing network, SHR tokens can also be staked to earn rewards, referred to as flowbacks.

Who Founded ShareToken?

ShareRing, along with its cryptocurrency ShareToken, was co-founded by six individuals: Tim Bos, Rohan Le Page, Peter David, Neville Christie, Jane Sadler-Kidd, and Barry Brewster. Prior to the inception of ShareToken and ShareRing, Bos, David, Christie, Sadler-Kidd, and Brewster were already engaged in developing technology solutions for car-sharing and rental services. They experimented with improving the accessibility of shared services. The development of a white-label car-sharing solution named Keaz provided the founders with insights into the requirements for offering consumers specialized software for car-pooling, ride-hailing, and vehicle rentals. Rohan Le Page, in contrast, has a significant background in the automotive industry and held the position of ShareRing's Chief Operating Officer until June 2020. The broader ShareRing team comprises professionals from various disciplines, including developers, engineers, designers, marketing experts, and others.

What Distinguishes ShareToken?

ShareRing was among the pioneers in implementing an innovative dual token mechanism consisting of ShareToken (SHR) and SharePay (SHRP). ShareToken serves as the utility currency within the ShareRing ecosystem. Conversely, SharePay functions as a stablecoin used for transactions involving sharing services through the ShareRing platform. SHRP facilitates payments for goods and services exchanged between users and service providers. The use of SharePay effectively simplifies the platform’s cryptocurrency interface, minimizing potential friction points for users who may be unfamiliar with cryptocurrency. In parallel, ShareToken powers the ShareRing ecosystem and its decentralized ledger, as service providers are required to utilize SHP tokens to cover their transaction fees. Together, these digital currencies enable consumers to fully capitalize on the ShareRing platform’s capabilities. The platform's founders envision ShareRing as the "Amazon of the service industry," providing an all-encompassing solution for accommodation, transport, and diverse activity services, eliminating the need for intermediaries and thereby reducing additional costs.

What is the Circulating Supply of ShareToken (SHR) Coins?

As of January 2021, there are 2.12 billion ShareTokens in circulation, from a maximum possible supply of 4.4 billion SHR. When ShareToken was first launched in late 2019, it had an initial circulating supply of 1.97 billion tokens. According to the ShareRing website, the initial supply of SHR was distributed as follows: - Cornerstone investors: 31% - Private Equity Investors/Institutional Investors: 1% - ICO: 11% - Core team: 11% - Airdrop: 1% - Operations (frozen tokens): 45% All team members have agreed to lock up their tokens and are now required to obtain approval from the ShareRing board if they wish to sell more than 10% of their SHR.

How is the ShareToken Network Secured?

ShareToken was originally introduced as an ERC-20 token on the Ethereum blockchain and transitioned to the BEP2 standard in July 2019 with its launch on Binance Chain. As a BEP2 token, ShareToken derives its security from the underlying Binance Chain, which employs a Tendermint BFT and delegated proof-of-stake (dPOS) consensus mechanisms to safeguard against various types of attacks.

Where Can You Purchase ShareToken (SHR)?

ShareToken is a token with moderate liquidity, available for trading on numerous exchange platforms. Centralized exchange options encompass Bilaxy, KuCoin, and Bithumb Global, while decentralized exchange (DEX) options include Uniswap (limited to ERC-20 SHR) and the Binance DEX. As of January 2021, ProBit Exchange is the sole platform offering a ShareToken to fiat trading pair (SHR/KRW). For further information on purchasing cryptocurrencies with a credit or debit card, please refer to our resources.

Investors interested in ShareToken are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.