A social networking and cost-sharing app powered by blockchain technology
Chasyr is a social networking and cost-sharing app for peer-to-peer, on-demand delivery via in-app social circles and blockchain technology. The platform is powered by its own digital currency called MPH. The company stated that the team operates as a bootstrapped technology & crypto start-up with more than 40 team members. According to Crunchbase, Chasyr is developing a global delivery app with no fees. The app works as a global social networking app that consolidates spend by sharing time and efforts within users’ work, family, friends, and community environments. It has 6 core members, including its CEO Tommy Marquez, with 2 board members and advisors including David Lee.
According to the website, the app will be available for iOS and Android. Users will be able to download and install it on their Android or iOS devices by downloading it from the official Play Store. At the time of writing, the company plans to launch the MVP app in early 2021. The app targets a global audience, but it will be focused on the United Kingdom market in the beginning. Users’ will be able to earn rewards points by achieving milestones in the app, which will increase the users’ level and in return give them several benefits such as discounts and deals or other loyalty rewards. Users can also trade the rewards for MPH tokens if they wish to do so. With the app, users’ can create their own circles, which can consist of friends, neighbors, family, and so on. In order to achieve its mission, Chasyr works together with partners including but not limited to What3Words, Lumi Wallet, Blockspot.io, and more.