STAY

STAY

Created using Figma
Created using Figma

Last Update

Apr 19, 2018

Platform will be use to improve hotel operation such like redundancy in payment issue, better understand in guest behaviors and preferences to improve customer experience. Providing loyalty program base of guest token holding and using habit. As for on the development, you can read our whitepaper for detail information.
Risk: High
Sale
Jun, 2018
Jul, 2018
100% completed
Raised funds - no Data
past
Pre-sale
May 1, 2018
May 31, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
STAY
Accepted Currencies
ETH
Additional Details
Platform
Ethereum
KYC
Yes
Categories
Platform

About STAY

STAY Villa and Hotel (“STAY”) is a property portfolio owned by Far East Power Limited (“FEP”). FEP is a real estate development company with core business in the development and management of mixed-use communities and commercial lifestyle real estate projects in Asia. STAY Villa and Hotel Limited (“SVHL”) is a subsidiary of FEP and will be the legal entity responsible for selling STAY tokens through this initial coin offering (“ICO”).

We are proposing a new innovative way of implementing blockchain and smart  home technologies in its property portfolio and increasing of such portfolio through initial coin offering of our STAY tokens. Our tokens are standardized Ethereum based ERC20 tokens. Therefore they utilize Ethereum-security and can be easily integrated and connected with other Ethereum based technologies. The funds received through this ICO will be primarily used to develop blockchain integration, smart home technologies and the acquisition of hotel and luxury pool villa properties and related land in Bali, Indonesia and also the development of these properties and technologies to provide a differentiated and unique travel experience for our customers and potential STAY token holders.

This ICO is designed to benefit contributors in a number of ways. Firstly, our potential STAY token holders are entitled to free 1-night accommodation in our selected hotel properties and they are able to upgrade to higher room categories and villas with a nominal fee. The number of free night stays for each token will increase by one night annually until each token is qualified for a free consecutive 7-night stay. In light of this increasing demand in accommodation. SVHL also considers a possibility to buy STAY tokens at exchanges (if and once these tokens may be available at exchanges) and burns such tokens over time that may potentially lead to increase in token value.

SVHL is also leveraging the blockchain technology in its hotel operations to solve some of the key pain points in hotel industry. Blockchain is designed to cut out the middlemen and reduce the high cost of verification in a traditional centralized system. Through integrating its hotel operations with blockchain, SVHL can manage complex transactions in a simple way, verify customer information and protect data in a cost efficient way, and grant physical and digital access controls in our properties enabled by smart home technologies.

STAY Roadmap

  • May 2018

  • ICO presale. STAY plans to begin its ICO presale on May 2018.
  • May 2018 - June 2018

  • ICO Sale. STAY will start the 1st stage of ICO Sale on May 2018, followed by the 2nd stage of ICO Sale on June 2018.
  • July 2018

  • First Property for Rental. FEP will have 1-2 Villas ready, and complete the renovation work in Q2 2018, so upon the completion of ICO and tokens distribution, STAY Token holders can start to book the villa right away for their accommodation. It has already identified a property in Uluwatu, Bali such that STAY Token holders can redeem their tokens for accommodation immediately after ICO.
  • August 2018

  • Development. Various development and renovation work will commence once the properties are purchased and aim to start immediately after all related government approval is obtained.
  • Read More
  • September 2018 - forwards

  • Ongoing & Future Roadmap. FEP plans to add 2-3 villas to the portfolio every quarter until the initial phase of hotel & villa development as laid out in the project is completed. On a longer term basis, FEP will also uses its profits earned from operations to purchase more properties to add to the portfolio to cope with increasing demand.

Activity

Posts:
39
VERY LOW
Followers:
1 049
LOW
Likes:
1 036
LOW
Rating:
5
VERY HIGH
Followers:
686
LOW
Tweets:
27
VERY LOW
30 Days Growth:
-2

STAY Team

Verified 50%

Attention. There is a risk that unverified members are not actually members of the team

Francis Chan
Fouder & CEO
verified
Sandy Dewanto
Founder & COO
verified
Brian Tham
Founder & CMO
verified
Rayner Tulus
Architect
unverified
Wilson Cheng
Accounting Manaager
unverified
Junita Geraldine Set...
Hotel Operations Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Denny Budiarto
Real Estate and Investments Advisor
unverified
Ray Yuen
IT Advisor
unverified
Joseph Wang
Financial Advisor
unverified

2 ICO

$1 000 000

Tony Lau
Business advisor
unverified

STAY Interviews

Francis Chan
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Develop project/ICO strategies and ensure alignment with short and long term objectives of the ICO project goals. Oversee all operations and project activities. Lead team, build trust relations with key partners. Maintain deep knowledge of real estate and property development industry in overall.
Sandy Dewanto
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Desingnin and implementing business operation, establishing policies to promote company's vision. Oversee operations of the company and the work executives, set comprehensive goals for performance and growth and actively participate in expansion activities including investments & acquisitions.
Brian Tham
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Providing Strategies to boost the sales. With connecting every dot of social network, we can influence every single person thought.

STAY Last News

3.47
risky+
5.0 7
ICO Profile Vision Activity Potential Product Team
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