CanYa is a platform built on Binance Chain with an open ecosystem of decentralized applications (DApps) for peer-to-peer services. This open ecosystem is created using core infrastructure powered by a single DAO (decentralized autonomous organization). A decentralized autonomous organization (DAO) automates decision-making processes and facilitates cryptocurrency transactions.
According to the whitepaper, the CanYa ecosystem has a single currency named CanYaCoin (CAN). CanYaCoin (CAN) is the native token that aims to power the platform’s payment systems, enabling a public, open, trustless service and bridging traditional currency and cryptocurrencies. Further, the CanYa ecosystem consists of three key components: CANApps, CanYaDAO, and CanYaCore, and these are an open-source collection of infrastructure required to power the ecosystem.
Furthermore, CANApps are discrete decentralized applications that target key niches and verticals in the worldwide peer-to-peer services industry. Every CANApp requires deep integration with CanYaDAO to split maintenance and governance tasks. Also, CANApp needs deep integration with CanYaCore infrastructures such as the fee service and trustless payments. A few examples of CANApps being planned and developed are CANService, CANHire, CANJobs, CANExperts, and many more. However, CanYaDAO aims to be a crucial part of the ecosystem that seeks to serve as a treasury, maintenance body, and governance board. CanYaDAO consists of three tiers:
Additionally, CanYaCore is a set of infrastructure built by a CanYa team to be used across all CANApps. The component of CanYaCore aims to be open-sourced and continually developed. Some features inside CanYaCore are CanYaStyle, CANid, CANWallet, CANHelp, and many more.
The CAN token is an ERC-20 compliant token with the following aims:
