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Last Update
Feb 28, 2018
CryptoBnB is building the next generation of online, short-term rental and tenant smart matching marketplace. This new marketplace aims to improve on the existing options available to travelers, by offering more efficiency on searches, overall lower fees, and better flexibility, by using blockchain smart contracts in combination with the power of AI and Big data, to find their desired accommodation, in the most efficient way. This new technology of blockchain allows peer to peer transaction of renting a property to be done securely, without having the added costs of an escrow service. The technology also enables a smarter intelligent way of directed P2P marketing between hosts and travelers, while boosting the ROI for hosts.
This new generation of online hospitality and short-term vacation rental marketplace will allow travelers and occupants to tap into a huge market of residences, that match their budgets and accommodation requirements across the globe, while boosting trust between homeowners and occupants. The AI algorithm, combined with blockchain in the platform, will generate accurate matches between homeowners and suitable short-term tenants, a with minimal transaction fees. This next generation marketplace will allow homeowners and occupants to quickly transact secure payments, using CBnB tokens, without global barriers.
The short-term rental business model has a proven track record in today’s economy, and keeps growing year-on-year (Kharpal 2016). CryptoBnB strives to improve today’s peer to peer rental market, by providing a more foolproof and efficient rental platform. CryptoBnB will be built on unique proprietary technology, that combines some proven tools like uPort, with advanced search and targeted marketing capabilities, to create a more reliable and dependable ecosystem.
Concept creation - 1 month
Whitepaper launch - 2 months
Beta platform launch
Blockchain creation
Marketing campaign
ICO public sale - 6 weeks
Phase 1 development - 6 months
Phase 2 development - 6 months
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Summary
We believe that CryptoBnB has the potential to become large within the hospitality industry. It helps users and hosts create a market where they can safely work together and benefit from it. Thus, it should be expected that the ICO will do good if it still follows its protocol.
Positives
Government Friendly: Crypto BnB’s P2P marketplace is made to ensure that each user obeys the laws of their local or state legislation.
Multiple Partnerships: As of now, Crypto BnB is partnered with large companies such as 0Chain, Bancor, and Kloudspot. This makes it a compelling ICO that has support from other places.
Conflict Resolution: Crypto BnB’s system is used to solve difficulties as soon as they are identified. This improves the guest’s experience and protects the value of the host’s property.
Negatives
Utility: How will users obtain short-term rentals with CryptoBnB? It’s vaguely discussed in their whitepaper.
CryptoBnB aims to take short-term vacation rentals into the cryptocurrency space. However, the platform is designed to be more than just AirBnB with cryptocurrencies: the platform also has an advanced search engine that recommends the best possible properties to guests based on their perceived needs. The platform is powered by artificial intelligence, blockchain, big data, and machine learning.
As the ICO gets underway next month, CryptoBnB’s team plans to start approaching AirBnB landlords and entice them to switch to CryptoBnB. You can learn more about the ongoing project by visiting online today at CryptoBnB.io.
The White Paper is rather short and doesn’t sound exciting. Main part of the Paper is dedicated to technology description, living out such components as marketing research and more detailed business plan.
