Canya (CAN)

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Official site (website): https://canya.io iOS app download (iphone): https://itunes.apple.com/us/app/canya-australias-best-services-app/id1175083621?mt=8 Android app download: https://play.google.com/store/apps/details?id=com.dropbear.canya&hl=en Official Twitter account: https://twitter.com/canyacoin YouTube video (channel): https://www.youtube.com/channel/UCbbpsDWjpdC-4LjDnF4Ec6w Official Facebook account (fb): https://www.facebook.com/CanYaCoin/ PDF document file: https://canya.io/assets/docs/WhitePaper.pdf Official Telegram channel (group): https://t.me/joinchat/GI97FhDD1lf6dh-r9XRdvA Official Instagram account (ig): https://www.instagram.com/canyacoin/ Support email address: mailto:support@canya.io Github: https://github.com/CanYaCoinSale/ Official blog (news): https://blog.canya.com.au Official Google+ account (Goolge Plus): https://plus.google.com/+CanyaAu

Truth and facts[edit]

  • CanYa is an autonomous peer to peer marketplace of local and digital services. Currently in the Alpha stage of its development, CanYa is one of the first working dApps to function on the Ethereum blockchain.
  • The CAN token is the native currency of the CanYa marketplace and CanYa DAO. It has many functions including governance, as a medium of exchange and gatekeeper that gives access to the CanYa ecosystem and associated Apps.
  • The marketplace is decentralised, and makes use of self-sovereign ID logins to protect against the capture and retention of personal data and information.
  • CanYa completed the second biggest Australian ICO of 2017, raising $12 million AUD. During the ICO CanYa purchased a majority stake in online bug bounty platform BountySource, which at the time had a 46,000 strong community of developers.
  • CanYa is a peer to peer marketplace of skilled services, where users are instantly connected to service providers.
  • CanYa is a decentralized international platform for people to book and pay or be paid for both home and digital services.
  • Canya is all about services, is about finding nearby handyman, nearby crocodile wrestlers or nearby household cleaners to help you do your common tasks.

Official

  • Slogan: CanYa do something?
  • Slogan: The World’s Best Blockchain-Powered Marketplace of Services.
  • CanYa is based in Melbourne, Victoria, Australia.[1]
  • Global launch on Mar 2018.

Token

  • ICO from 26 Nov 2017 to 26 Dec 2017.

Staffs

  • John-Paul Thorbjornsen: CEO and Co-founder of CanYa

Video Playlist[edit]

CanYa: The World’s Best Blockchain-Powered Marketplace of Services

00:00 CanYa will completely change the world's to trillion-dollar gig economy.
00:02 CanYa will be a fully decentralized international platform for people to book and pay or be paid for both home and digital services.
00:12 Wanna book a local plumber?
00:14 Use CanYa.
00:14 Want to get a graphics designer from overseas for your new website?
00:18 Use CanYa.
00:18 By providing a meaningful reason to spend crypto currencies in the real world, CanYa will help accelerate the mainstream adoption of crypto.
00:27 CanYa already has a working platform with thousands of jobs completed.
00:32 The roadmap will move the platform into a completely decentralized ecosystem, where payments, governance, storage and eventually compute will all become decentralized.
00:42 It will become a truly international ecosystem for services that is run entirely by its users.
00:49 This has never been done before and will revolutionize the way we book and pay for services.
00:55 The CAN token is an ERC 20 utility token with three clear use cases, which provides a steady and constant demand for the CAN token.
01:03 Firstly users can pay for real-world services in CanYa coins, which utilizes the hedged escrow and is trustless, automated and secure.
01:13 Secondly, service providers can also promote their profiles each month by purchasing can tokens within the platform.
01:21 Lastly, 20% of all tokens are reserved to economically incentivize users to use and share the platform, such as referral rewards, transaction cash backs, and welcome bonuses.
01:33 Learn more about CanYa is going to change the world at CanYa.io.

Canya - Decentralized Marketplace of Services

00:00 What's up everyone, my name is Michael and welcome to box mining.
00:01 Today I want to talk about Canya.
00:04 You know, can you do my laundry?
00:06 Can you fix my plumbing?
00:06 Can you get that crocodile out of my backyard?
00:09 Yeah, that one can actually happen.
00:11 So Canya is all about services, is about finding nearby handyman, nearby crocodile wrestlers or nearby household cleaners to help you do your common tasks.
00:22 It's an already working app and it's running or in Australia right now.
00:28 So you can if you're Australian, you can't go and start finding nearby services but the company wants to take the idea of Canya to the next level and expand to the global scale.
00:38 So right now, they're trying to expand this by a token sale for the Canya coin.
00:44 So in this video we talked a little bit about Canya, about the service and how they're gonna decentralize everything using cryptocurrencies.
00:50 I do want to say that this video is a sponsored video, but I have reserved the rights to give my personal opinion.
00:55 I do want to say that with every single token, still do your thorough independent research and this is not financial advice.
01:03 So let's start off with what Canya can do so far, what they have running.
01:08 So they already have a running app that you can use on your phone.
01:10 So I have an iOS Apple phone right here and you can download that and start finding your nearby services.
01:16 So this includes home services like someone who can do your laundry, mow your lawn and also professional services like professional photographers.
01:24 So that's currently right now and if you're a professional, you can also offer your services and list them up so people can find that in real time.
01:31 The app is currently working and has additional services, so you can contact directly the person providing your service via app or VoIP.
01:38 They also have a building system already included in them and currently uses Fiat Australian dollars.
01:46 They're also services for the seller as well, so for example they have a calendar system for a handyman and they can check out the schedule and schedule new appointments so they don't count on conflict.
01:57 They also have a building service and a month lease kind of report service of how well they're doing our site.
02:03 So it's kind of like a full package for both buyers of services and people who want to be providing services as well.
02:10 They soft launched a product in the same last year, so it started off in a small Australian city of Darwin, and then moved to a major city of Adelaide, which is still quite small in a global scale, but I think that's the right way to grow.
02:22 You start from small ideas, try to tune your product, make everything better and now keep expanding that into bigger and more cities.
02:32 The idea is quite simple, it's very much like the uber or like Airbnb, you're finding services that other people provide but on an online app.
02:40 So using all that information based technology to help you match people who are nearby and you can give them feedback directly so you can make sure that the whole community can grow.
02:50 So this sounds like a working product and it is a working product and idea.
02:54 So then you can ask why do they need cryptocurrencies?
02:58 Well, there's two reasons for that.
03:00 One is because they want to decentralize their whole current system right now.
03:04 So you're using a smart contract instead of a centralized Authority.
03:09 And a second thing of course is they want to meet and need the funding to expand this to the international front.
03:15 Right now they have around 8,000 users and 4,000 providers, but they really want to take that to the next level, and to do that of course you need a lot of money to build up their end structure and for advertising as well.
03:27 So they're looking for a token sale to sell tokens that canya coin, and they're also trying to use that coin and make this whole central system decentralized.
03:36 So one of the examples that they want to do is they want to change your system from a centralized kind of point-to-point system, to a decentralized one.
03:44 So if you want to start a job say for example, if I want to get my laundry or how some household work done, I can hire someone who can do this and I can put that fund into a smart contract.
03:55 So by putting that in a smart contract, I don't need a third party, I don't even need Canya to help me do this.
04:02 I can just put that into a smart contract and then the person who's doing the chat task can accept a contract.
04:07 After the task is done and everything satisfactory, then I can allow the funds to be fully transferred.
04:13 So the escrow service instead of a person is now a smart contract.
04:18 So this is great if everything goes well because a smart contract doesn't take additional fees, there's no one need for that, it's trusted by both sides.
04:25 The thing of course is if there's a dispute.
04:29 So disputes can be handled via smart contract as well.
04:32 So they can change invoices, change the amount that needs to be issued.
04:36 That's one thing if both new parties can mutually agree on a settlement, then that will be okay.
04:40 But if things really do go awry, then the smart contract can be escalated and can be sent to a neutral third party like Canya or even other third party service providers that can resolve the dispute.
04:56 So then for a 5% fee, you can resolve the dispute with a third party.
04:58 But you don't really expect that to happen most of the time.
05:02 If you use uber and any other services like that, like AirBnb, you realize that most of the time most transactions go through without a hitch because of reputation, because of when you search for things, you look do you do look for people with good reputation and pass history.
05:16 So smart contracts can definitely help with this situation because it takes zero fees and Canya is trying to apply this to the current running model.
05:25 So if you look at the white paper, they're slowly trying to migrate their project from a centralized project that's run by them to a decentralized one that is run kind of on a global decentralized scale.
05:36 So they're trying to make everything up here peer-to-peer transaction, make the platform itself decentralized and running and also use IPFS for storage eventually.
05:45 So if you look at it they're currently a project that is centralized but trying to apply decentralization, so it can be done in a global and more efficient scale.
05:54 So one of the most important things about this is that the person that you hire is reputable and can provide a good service.
06:00 The way they do this is through a feedback system.
06:02 So every time this person successfully completes a task or for someone on a network, the users can give feedback and accumulate star rating very similar to something like uber.
06:12 Canya is also partnered with Indors, kind of a decentralized LinkedIn to verify profiles and to verify that people have these tasks, so they're doing everything in a decentralized fashion.
06:23 Of course it does take a while to build up those profiles and to build up that data because these are both two new services.
06:29 So it will take a while to find and to tune this service.
06:35 I've been thinking about this for a while because it does take a while to build up reputation and to build up this kind of a feedback system and you need a lot of participants.
06:43 But the thing is if you think about it, if you do try to find a plumber online on white pages, there's no information given.
06:49 So this in the long run will provide much more information and reduced kind of the risk of hiring people.
06:56 So one question I did ask about Canya is about insurance because of course, if you invite someone into their house, are they insured and if they break anything, is that insured.
07:06 Right now at this current state they'll rely on their party insurance.
07:09 So they need the kind of handyman or whatever to provide their own insurance, but they are working in for towards finding an insurance provider to ensure the service itself.
07:20 This is so, this is a little bit similar to what uber and Airbnb is trying to do.
07:24 Uber also buys third-party insurance for their cars and Airbnb in a similar fashion.
07:29 So Canya is trying to work towards that right now but they haven't announced who they're partnering with yet.
07:34 I want to talk a little bit about the token sale and a token use cases and then I'm gonna cover some competition and what I think about this project.
07:43 So let's talk a little bit about their token sale.
07:45 So they're trying to raise a total of 7.3 million u.s.
07:49 Dollars.
07:49 This has actually been recently reduced from fourteen million.
07:54 The reason for that is that they did some calculations and they found ways to reduce some costs and they want to only raise how much they need, so that's kind of current plan right now.
08:02 The term plan is to actually have three stages, they have a dolphin stage, this is for active community members.
08:09 Stage one has a bonus of 20% and this is a very small stage overall.
08:14 So it's only gonna have around less than a million dollars in this stage.
08:18 And stage two is gonna be the main stage with a four million dollar cap.
08:23 If there are any unsold tokens from the sale, then they're gonna put that into an asset contract.
08:28 30% of that will go to Canya, 33% will go to report pool and the rest will be burned and iced, so that's a way to deal with the unsold tokens that they have.
08:37 I do have to mention of course that their ICO is exclusive, that means you have to be part of the white list in order to participate in this ICO.
08:45 One thing that's interesting about Canya and the Canya team is they're truly embracing HODL culture.
08:50 So they formed official Canya HODL club and the point of this is that if you have more than 10,000 Canya tokens and you want to sign up for this club, they'll airdrop you tokens and automatically if you're part of it.
09:05 The thing is of course it caches if if you don't huddle, you'll forever leave this club.
09:11 One last thing to know is that the founders tokens are tokens for the founders off the project, they're locked for a whole year so they can't sell them.
09:16 The reason why they're doing this is because the founders want to go for their long run.
09:22 They believe in the project and they want to show that by locking up the tokens so they can't instantly cash out after the ico is over.
09:26 This is definitely a gesture of goodwill, they want to make sure that this project is successful and produce results in this 12-month period of time, and even further of course as well.
09:37 So what are the tokens used for?
09:39 Well the first use case of the tokens is as a currency on the platform.
09:43 So users and service providers can choose to take Canya tokens, or they can take a percentage of Canya tokens.
09:50 For example I can go over 20% in Canya tokens, 50% Bitcoin and the rest in u.s.
09:56 Dollars.
09:56 So there's a flexibility in how payments are going to be paid and that depends on both the user, so the users can choose or the service provider can choose as well, so allows a lot of flexibility on both sides.
10:09 Canya also provides a hedging service to kind of reduce the volatility of the tokens when it's used as a cryptocurrency.
10:16 Another use case would be using Canya for automated marketing.
10:19 So the thing is with these service providers is that, when you've once first start you need a little bit of publicity so we get your first few customers, and merchants and other handymen can actually sign up for a system where they can get featured on the Canya Network and that cost a certain amount of Canya tokens per month.
10:39 So this is what gives it value because people would eventually all want to be at a high position on a network or get a little bit more exposure, and the thing is it costs the system decides how much Canya tokens the advertising placements cost, you don't get all ads, you want a combination of advertise put future positions, well as the top merchants at the same time need to get publicity as well, so that advertising space is gonna be more and more Valuable and it's gonna take Canya tokens.
11:04 There's also gonna be 1% transaction fee on the network.
11:09 So what do I think about Canya?
11:09 I kind of think the current growth is correct, they going from a small city to another medium to large scale cities and scaling that to Australia as a local company.
11:22 So I believe that is the kind of growth that you've won for a service like this.
11:25 Of course, with a service like this, I think there's definitely a lot of value in this because we definitely are moving to a internet age and no one really wants to go through that Yellow Pages book anymore and find things online.
11:39 You want to find things locally and one of the ways to do this was through app, there's a single click and it's done.
11:45 So I think the idea is good, it's kind of like uber, Airbnb and of course, now the biggest challenge to Canya is of course growth and competition.
11:56 So we do have similar services like this in Hong Kong, something called hello Toby which provides a very similar match service between matching person who wants something done like cleaning your floors to another person.
12:08 So there are other products and other apps that are in this space and they're all trying to fight for this international market, to be the first kind of uber in this field, because this area still is quite new and it's not fully dominated by one big company yet.
12:27 So Canya is trying to be that dominant figure, and they're trying to use cryptocurrencies to do so.
12:32 I do think of course they have the advantage if they can successfully pull off their ICO, that means they can get a lot of funding.
12:39 So one advantage that Kenya might have over other competitors is that it is decentralized and there's less fees.
12:45 If you think about it, there's much less fees, fewer fees involved in currency transactions and in handling cross-border payments and doing invoicing.
12:55 So with that and there's less platform fees as well, this does give them advantage because now people can make more money and the platform takes a smaller cut.
13:05 Another thing of course is that Canya is borderless, the tokens are borderless, so the payments are a little bit easier to process, and profiles are borderless too.
13:13 So for example you this kind of caters to the digital nomads there that want to work in different places, and by building one single profile, they can keep all those records that are on the blockchain, that's belongs to kind of them and that is recorded on the blockchain itself, and that way if they move between regions they can keep the same profile on Canya as well.
13:35 But the thing is with all these advantages comes some drawback as well.
13:40 With cryptocurrency adoption, there might be a little bit of confusion over token taking and how to purchase these tokens.
13:46 They are of course trying to build in ways to comfort fiat to token, but of course there's always a little bit of confusion there, and there's a little bit of a learning curve to understand how to keep your cryptocurrency properly because tokens are still crypto and is no easy feat to keep it properly.
14:02 Their experience is mostly Australian.
14:05 If you look at their team, a lot of them are based in Australia.
14:08 So right now to reach that global market is gonna be a very big challenge.
14:13 I think anyone can tell you that because, of course growing locally and growing internationally scaling is extremely hard to do, and what they really want to do is definitely push this to a global scale because Australia is like a small market by itself and you really want, if you really want to make the big bucks and make half that really that much value, definitely want to reach overseas.
14:34 They have tabulated this size of this industry, you know 500 billion in the States, maybe in Europe a hundred billion, in UK 300 billion in Europe, so there is a gigantic market, but they have a lot of competition ahead of them.
14:50 We do know that in China there are services like this as well and they're trying to integrate that with WeChat.
14:55 And with Canada and u.s., there's definitely competition and people who will try to fight hard to get the space.
15:02 Now in terms of cryptocurrency and decentralization, I think the first project that's trying to take this to a decentralized scale.
15:08 There's gonna be disadvantages and advantages in doing so as well.
15:12 First, in terms of advantages, you're gonna get access to crystal currency community and that community definitely wants things done.
15:21 I mean if you're a crypto holder or a large whale, you definitely don't want to do these household chores yourself, so I can think that they can potentially buy a lot of these services on the phone.
15:31 But of course the cryptocurrency community is small and for people to understand crypto is still quite hard.
15:37 So this might be a disadvantage because to make people understand and learn about crypto, does have a kind of a learning curve and that might slow down the adoption of the app.
15:47 So there's definitely challenges ahead for them.
15:51 But if they can raise that money and definitely have the budget to push this forward, this might be a good thing.
15:58 So guys what do you guys think about Canya?
15:59 Do you guys live in Australia, can you have access to Canya and can you use it?
16:03 I would love to hear you guys have used for the crocodile wrestler which I've heard is on a network and you can probably take crocodiles out of your backyard if that's an issue for you guys in Australia.
16:14 I love to hear other comments you have about this project, would you use a service like this, and you think crypto should be applied for a service like this, can this be truly decentralized.
16:23 Guys thank you so much for watching this video, remember to click that subscribe button on the side and the notification bell to get notified of new daily crypto videos.

History[edit]

Partnerships[edit]

As of the third of May, 2018, CanYa (CAN) token has partnerships with the following exchanges.

  • Trust Wallet
  • Origin Protocol
  • Galdius
  • JD
  • Giveth
  • qiibee
  • Cool Cousin
  • Digix
  • Madana
  • Indorse

Exchanges[edit]

As of the first of May, 2018, CanYa (CAN) token is currently listed on the following exchanges.

Frequently asked questions[edit]

Alexa Ranking[edit]

  • 261,631 (Global)
  • 10,714 (Australia)
  • updated on Dec 24, 2017


Reviews[edit]

References[edit]