ShareX is a project that connects shared physical devices, such as power banks and vending machines, with blockchain-based records and services. It aims to record device activity and payments in a form that can be checked and used by applications. SHARE is the project’s token. The token is separate from any right to own a device or receive its revenue. (coinmarketcap.com)
ShareX at a glance
| Question | Answer |
|---|---|
| What is ShareX? | Infrastructure for linking shared devices, usage data, and payments to blockchain applications. |
| What is its token? | SHARE. |
| Which network is the token on? | BNB Smart Chain, according to the project’s token documentation. |
| What is the token contract? | 0x5FCA51aff213bFBEAB0b711b93c3374252fD6aC3 |
| What is the total supply? | 100 million SHARE. |
| What is the maximum supply? | 100 million SHARE. |
| What is the circulating supply? | 18 million SHARE in the supplied CMC screenshot. |
The CMC data shows SHARE at $1.71, with a market capitalization of $30.86 million and a one-week gain of 142.55%. Those numbers describe the moment captured in the image. They should not be used as a price quote for a later decision. CMC’s token listing and ShareX’s documentation identify the contract and supply figures shown above.
What does ShareX do?
ShareX focuses on the sharing economy: services in which people pay to use an asset rather than buy it. A shared power bank is one example. A customer rents it, returns it, and pays for the service. The operator must keep records of the device, rental, payment, and return.
ShareX proposes a way to connect records from those physical services to blockchain systems. Its stated goal is to give devices an identity, capture evidence of their use, and support the settlement of payments or rewards. It also develops tools that existing operators can use without replacing all their hardware. This is a description of the project’s design, not proof that every connected device produces complete or independently verified data.
ShareX explained in one sentence: it tries to turn activity from shared devices into records that operators, users, and applications can use across a blockchain-based network.
How does the technology work?
The main component is the Deshare Protocol. According to ShareX, the protocol assigns identities to devices and links those identities to operators. It can record proofs associated with events such as a rental, payment, or change in device status. ShareX says some event data remains off-chain, while hashes or other references are recorded on-chain. A hash can help detect whether a recorded item has changed; it does not, on its own, prove that the original physical event happened as reported.
The project describes a process it calls Proof of Physical Work. A connected device packages information about a service, such as an order or device status, and sends it to an IoT oracle. The oracle checks the device identity and submitted information before passing a result to a smart contract. The contract can then use that result to assess a contribution or distribute a reward. In this context, an oracle is the system that passes information from a physical service to the blockchain.
That process has an important limit. A blockchain can preserve a submitted record, but its accuracy still depends on the device, operator, communications system, and verification rules. For ShareX, the central question is not only whether transactions are visible on-chain. It is also whether the physical activity behind them is reported correctly.
ShareX offers a Deshare Toolkit for operators with existing devices. The project says it can connect device identities, user accounts, payments, and rewards to its system. It also describes a Deshare Suite combining hardware and software for new deployments. These are infrastructure products, not separate blockchains or separate versions of SHARE.
What is the SHARE token used for?
ShareX describes SHARE as an ecosystem utility token. Its documentation sets out possible uses in partner applications, including service payments, access to operator tools, participation in infrastructure programs, incentives, and governance. CMC also describes SHARE in connection with payments and participation in the project’s services. The availability of a specific use depends on the product and its rules; a stated token use should not be read as evidence that every partner accepts SHARE today.
The main proposed uses are:
- Payments: Partner applications may use SHARE for service fees or other charges.
- Operator access: Partners may use it for subscriptions, tools, or participation requirements.
- Incentives: The project can use allocated tokens to reward eligible activity.
- Governance: ShareX says holders will be able to take part in decisions about aspects of the ecosystem.
Owning SHARE does not automatically mean owning a vending machine, receiving rental income, or holding a claim on ShareX’s business. Those rights, if offered through a particular product, depend on that product’s agreement and structure. This distinction matters because ShareX also develops products related to real-world assets.
What do DePIN and RWA mean for ShareX?
Two terms appear often in descriptions of ShareX: DePIN and RWA.
DePIN, or decentralized physical infrastructure networks, refers to projects that coordinate physical equipment or services using blockchain-based systems. ShareX applies this approach to shared devices. The devices still need owners, maintenance, connectivity, customers, and payment systems in the physical world.
RWA means real-world asset. ShareX uses the term for products that link a digital asset to a physical device or its use. Its PowerPass documentation, for example, describes an NFT associated with a shared power bank and related usage or revenue arrangements. A PowerPass NFT is a distinct product; it is not the same asset as SHARE. Anyone assessing a revenue-related product needs to read its terms to understand the rights offered and the parties responsible for payment.
These categories explain ShareX’s business model, but labels do not establish the value of an asset. Revenue depends on factors such as device use, operating costs, partner performance, and the applicable agreement. A device that can produce records on-chain does not necessarily produce a return for a token holder.
How many SHARE tokens are there?
CMC lists 100 million SHARE in total supply and maximum supply. The supplied screenshot lists 18 million in circulating supply, or 18% of the maximum. Circulating supply is the amount CMC counts as available in the market. It is not the number of tokens offered for sale at a particular price, and it can change as token allocations unlock.
ShareX’s published allocation divides the 100 million tokens among mining (20%), ecosystem development (20%), treasury and reserve (20%), community and marketing (15%), investors (10%), team and advisers (10%), and early liquidity (5%). The document also sets out different initial unlocks and vesting schedules for those groups. These percentages explain the allocation plan, not the current wallet holdings of each group.
The difference between 18 million circulating and 100 million maximum is relevant when interpreting market figures. Market capitalization uses circulating supply; fully diluted valuation applies the current token price to the maximum supply. In the supplied CMC screenshot, those figures are about $30.86 million and $171.49 million, respectively. Fully diluted valuation is a calculation, not a forecast of what the project will be worth when more tokens circulate. Prices and supply data can change before future unlocks occur.
Does ShareX have a live example?
ShareX’s documentation describes TreasureX, a campaign that connected consumer activities with rewards, and PowerPass, its device-linked asset product. The project reports that the first TreasureX season used shared-device locations and offered rewards for participation. Those accounts show how ShareX intends to bring users into its network; they should be distinguished from an independent measure of current usage across all partners.
For readers evaluating progress, useful questions include: How many devices are active now? How is their activity checked? Which services require SHARE? How much revenue is attributable to deployed devices? What rights does each product grant? Answers to those questions give more context than a token-price chart alone.
What are the risks of SHARE?
SHARE carries price and liquidity risk. The supplied CMC chart shows a sharp weekly rise and a large daily trading range. Those movements establish that the price changed quickly; they do not identify a single cause or indicate where it will trade next.
The project also faces execution and data risk. It must connect physical devices and operators, maintain reliable records, and make its services useful. On-chain proofs depend on the quality of the information submitted from off-chain systems. In addition, future token unlocks may alter circulating supply. Rights attached to a separate RWA product should be assessed from that product’s legal terms, not inferred from ownership of SHARE.
Frequently asked questions
Is ShareX the same as SHARE?
No. ShareX is the project and its set of products. SHARE is its token.
Is SHARE backed by shared power banks?
The project connects its ecosystem to shared devices, but holding SHARE alone does not establish ownership of a power bank or a right to its revenue. Check the terms of any separate device-linked product.
Is ShareX a blockchain?
ShareX describes itself as infrastructure that connects physical-device data and services to blockchain systems. Its SHARE token contract is on BNB Smart Chain. It is not necessary to assume that ShareX operates its own blockchain to understand the project.
Where should I check SHARE’s price and supply?
Use the current CMC listing for market data rather than the screenshot in this article. Verify the token’s network and contract address before transferring funds; a ticker alone does not identify a contract.
