ByCoinGape
ivault:- When Swiss entrepreneur Arman Sarhaddar founded his shared economy platform ivault in 2023, his vision was straightforward: “Climate change is actually caused by overconsumption and consumerism. We need to break this vicious cycle.”
With more than 20 years of experience behind him, Arman set out to build a marketplace app that lets people rent, lend, and earn instead of buying new. Fast forward to 2025, ivault is already finding space on people’s phones.
Arman, who also founded Golisan, a company specializing in natural herbal extracts, has long been driven by social impact. For him, sustainability is at the heart of ivault. Today, the app has crossed 140.000 downloads and gained a notable presence in regions such as Philippines, Indonesia, Bangladesh and the US.
Arman’s mission is being carried out by a compact, Swiss-based team of about a dozen people – deliberately practical hires rather than crypto lifers.
Key names include Martin Beyer, ivault’s CTO, who previously led software teams at X-Rite and 3M; Remy van Donk, Creative & Brand Director, who shapes ivault’s sustainability and climate campaigns; and Andreas Kundig, an economist with an Executive Master in Corporate Finance who advises on the company’s financial strategy.
It’s a small, multidisciplinary crew – product, design, finance and marketing – that reflects ivault’s “circular” philosophy: build tech that nudges people toward reuse and away from overconsumption. This also aligns with the other Web3 startups that begin with small, lean teams – often fewer than 20 people. It happens as projects in web3 usually rely on smart contracts, community, and open-source tools to scale.
As Arman puts it, “We believe the environment is in our hands. If we build a platform that’s fair, transparent and easy to use, it will make it a lot easier for people to choose sharing over buying.”
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The concept of shared economy is quite old with platforms like Facebook Marketplace and eBay already existing. However, ivault’s innovative side lies in testing a useful crypto token idea: what if sharing were easier, safer and actually paid you back? It is intuitively incentivising users with the use of its $IVT token to take part in the web3-powered circular economy and get rewards.
ivault’s $IVT is a live utility token powering ivault’s sharing-economy app. On the platform, $IVT powers listing fees, premium features, rewards and verified on-platform transactions while also being tradeable on open markets.
On the product side, ivault lets users earn value before they ever touch crypto: users can collect Eco Points for actions like listing items, completing rentals and participating in community activities. These Eco Points can then be converted into IVT during scheduled conversion windows. Thus, it makes regular sharing behavior literal token rewards.
As of writing, IVT is trading at $0.02402 with a market cap of $3,912,877, a circulating supply of 162,889,044 and a max supply of 1,200,000,000 (24-hour volume ≈ $275,388).
If users want to move earned IVT off the app, the token is listed on venues such as LBank, BitMart, Biconomy and Uniswap, and CoinGecko tracks its price, ATH ($0.06379 on Jan 6, 2025) and market activity.
Practically, that means everyday actions on ivault – sharing, renting, and demonstrating sustainable behaviour – translate into on-platform rewards that have both product utility and market value. The app’s easy UI also doesn’t require crypto knowledge from users. Eco Points and IVT tokens function behind the scenes like a rewards system – thus both a crypto-native or brand new user can earn them.
Thus, with its token-based reward model, Arman-led ivault can indeed offer a real nudge toward a more circular consumption model – one that mixes straightforward product utility with tradable tokens.
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