CryptoBnB - The Blockchain Technology-Based Platform Based Paid System Platform
I am always faithful to all of you to provide information related platform related to crypto world. In this meeting I will provide information about CryptoBnB platform. Immediately let's look at reviews from me below.
CryptoBnB is a vacation rental market platform built to improve the short-term rental experience. Powered by blockchain technology, artificial intelligence, great data promises to bring smart machine users a wallet to improve their search results and improve the rotation of the property.
CryptoBnB is derived from CryptoDNA® breakthrough technology. This technology allows zero tenant discrimination, reliable verified property ratings, and customized search experience. This is designed to improve the ROI of the market makers. All of these benefits are coupled with multi-layered security that goes beyond the current market. Paid rental platform supported by CryptoDNA® - trust-based blockchain technology.
CryptoBnB will address the three most important issues in short-term real estate with a decentralized blockchain platform: ensuring reputable hosts and travelers, long search times for perfect properties and high intermediate commissions.
CryptoDNA ™ will continue to be smarter over time, learning more about its owner with every use of the CryptoBnB platform by tracking user preferences. CryptoDNA ™ will have the first blockchain-based digital identity and trust rating wallet.
Limitations of the CryptoBnB system
Today's market recognizes significant challenges, high costs up to 25 percent of transactions, inefficient search engines, fraudulent transactions and property fraud, and wrong reviews. Many of these problems are attached to centralized systems, especially higher costs that tend to serve platform owners while platform users suffer from lower ROI. It makes the scale unbalanced for a sustainable economy.
Purpose CryptoBnB Idea
The goal of CryptoBnB's main idea is to balance the two-sided market between users so that all can benefit. CryptoBnB will complete fraudulent transactions with robust processes and technologies. CryptoBnB will use the CryptoDNA ™ protocol, which will be the first to combine the "three forces":
blockchain and smart contracts.
artificial intelligence.
big data.
It will result in a smart hospitality service market that benefits both property owners and travelers by providing more accurate matches between travelers and properties.
This platform aims to improve ROI for hosts and service providers through enhanced matchmaking to the right travelers looking for a specific property or service. The platform will be supported by CryptoDNA ™, a patent-pending technology that aims to address the following:
The identity of the user to resolve the false claim.
Trust-based voting and rating system to enable users to know their peer rankings.
A self-learning smart wallet that captures user preferences.
0 percent commission.
P2P smart contract and no middleman.
P2P marketing uses AI logic.
Overcome the limitations of micro-transaction networks on blockchain and use IPFS (InterPlanetary File System) to overcome them.
The CryptoBnB team has planned a roadmap to build its technology, relying on several existing tools and technologies in the market, and will deliver the platform in its final working stages in 14-16 months. For technology development, ICO (Initial Coin Offering) is planned to finance development and marketing needs.
CryptoBnB Market Description
The current short-term home rental market is one of the most attractive segments in the real estate and property management sectors. It aggressively transforms market share, from the existing hospitality industry to individual property owners, with the sector getting more receipts annually by hosts and travelers. According to HomeAway, an online marketplace for holiday rentals, the list has increased 44 percent since 2009.
(McAlone 2015) The rate of growth and rapid market acceptance of this concept makes improvements to the tomarket routes very attractive with enormous potential success.
Existing SWOT Market Analysis
Evaluating the strengths, weaknesses, opportunities, and threats (SWOT) of existing short-term lease platforms can provide great insight into how the right system should look. CryptoBnB uses the SWOT analysis to analyze short-term rental markets and guide the development of the CryptoBnB platform.
Power
Weakness
Opportunities
Threat
Conclusion
CryptoBnB was created to address the shortcomings of existing short-term lease platforms. The chart above clearly highlights that the platform is currently experiencing centralization, leading to inefficiencies such as the following:
More administrative work, resulting in higher overhead costs.
The need to perform escrow activity manually.
Legal and reputation exposure due to manual escrow activity.
The limitations of technology that reduce services, provide poor search functionality, and provide poor marketing capabilities.
Payment transactions are not practical and expensive.
Low trust factor due to lack of transparency, independence, and partisanship.
CryptoBnB: The solution.
CryptoBnB will build an intelligent platform that serves a growing market segment. The platform will develop tools that will make the market grow in a more transparent and user-friendly way. CryptoBnB will try to address the technological gap in the current short-term lease platform. The CryptoBnB platform aims to significantly improve the user experience in the peer-to-peer rental market by applying the following technological advances:
-Identity of users supported by fingerprints to resolve false claims.
Trust-based voting and rating system to allow users to know their peer rankings.
-Competent smart learning wallet that captures user preferences.
-0 perceny commission using cryptocurrencies.
- P2P smart contracts and removal of middlemen.
-P2P marketing uses AI logic.
- Addressing the limitations of the micro-transaction network on the blockchain and using IPFS to handle it.
Business Models and Benefits for Users
The CryptoBnB Business Model aims to harmonize the economic benefits for all of its users in the following ways:
0 Percent Commission:
Assessing the current business model will show that this platform imposes substantial costs that can be broken down as follows:
Marketplace cost of 3% -15%
Credit card or bank charges from 1.7% -4.5%
Forex cost (foreign currency) if using non-US dollar currency from 1% -3%
CryptoBnB will charge a commission of 0 percent, and most fees will be ignored and especially network costs.
Hidden Cost:
Similar platforms charge hidden fees such as clearing fees that can reach a 70 percent daily rental fee, CryptoBnB will have a market attached to it where users can choose the cheapest service they like, assuming they decide not to do it themselves.
Arbitration:
CryptoBnB's main goal is to create as many possible dispute opportunities as possible. However, disputes are inevitable, so we have created a center for Arbitration Resolutions. Most cases of arbitration are divided into two main categories: minor and major.
Minor Cases:
Minor arbitration cases arise mainly from travelers who damage property or hosts who make false statements. Our mobile DApp request takes pictures with a time stamp before handing over the property. These photos solve 80 percent of the problem. If a small arbitration does not solve the problem, it continues to the next level of arbitration.
Major Cases:
In the case of major arbitration, the system of resolution is decentralized and democratized. The following process is a brief summary of the main dispute resolution process:
The disputing party raised the case from minor disputes to major disputes.
Both parties pay the arbitration, but the losers end up paying all the fees.
The system selects hosted jurors and travelers at random.
The facts of the case were presented to them, and they voted on the resolution for the dispute.
The settlement is based on the most votes.
The jury is paid from the cost of the arbitration.
Hosts and travelers receive an assessment.
Strategy and Business Plan
Strategies and Routes to Market:
CryptoBnB has two strategies related to project maturity.
During ICO: CryptoBnB will allocate 15 percent of its tokens to an escrow account that will reward all hosts and service providers registered on AirBnB. The list will depend on the rankings with a good attitude.
The remaining tokens will be provided to these hosts and service providers based on voting and ranking systems.
ICO Post: The route to the market strategy will target five major cities in two to three years. The first year after launch will focus on all problems growing in one city and then progressing to four other cities.
Business Plan and Cash Flow Projection:
Projections are made to target 1% -2% of the total market volume in two and three years. It is estimated that the total short-term rental market is $ 100 billion with growth of 12% -15% from year to year.
CryptoBnB Paltform Technology
Client application
CryptoBnB will be hosted on the Web and on mobile devices through native apps. This platform will use P2P smart contracts to perform transactions on the backend. The platform will be supported by blockchain and will use the CKey token for service exchange. Although the platform will have the same look and feel as the existing short term home rental platform, the backend will be supported by the CryptoDNA ™ protocol. The results generated by the CryptoBnB platform will be superior to the results provided by the current platform. A sophisticated AI-powered search engine that supports CryptoBnB, will access encrypted blocking data from its users, resulting in search results that better suit user preferences.
CryptoDNA
The CryptoBnB platform will be supported by CryptoDNA. The team will develop this new protocol, which will showcase all the technological innovations that will be shown in CryptoBnB. This platform will address the following issues:
The identity of the user to resolve the false claim.
Trust-based voting and rating system to enable users to know their peer rankings.
Address the limitations of micro-transaction networks on blockchain and use IPFS to address them.
A self-learning smart wallet that captures user preferences.
As an intelligent protocol, CryptoDNA ™ can be used in later stages on other platforms for different applications as well:
User Identity Issues.
Trust Based Systems and Assessment.
Smart Access Blocks (SAB) and IPFS.
Dompet Belajar Mandiri Using AI Data and Big Data.
Wallet will differentiate the user experience in many ways:
Traveler: CryptoDNA ™ will record the traveler's identity, preferences, history, rating, and token balance.
Host: CryptoDNA ™ will record host identity, property permissions, property details, target preferences, history, ratings, and token balances.
Service Provider (SP): CryptoDNA ™ will record SP identity, business license information, service details, target preference (host / traveler), history, appraisal, and token balance.
CryptoBnB ICO
Total Token: 1,000,000,000 CKey
Token Symbol: CKey
1 CKey: $ 0.08
Participants will be invited to support the development of next-generation short-term rental markets through technologies that will revolutionize the hospitality industry forever by integrating crypto technology that will serve the industry.
CryptoBnB participants will get CryptoBnB tokens that will benefit them in the short and long term.
Token Specifications
Total CKey Token: 1,000,000,000 Ckey
1 CKey = $ 0.08
Bonus Token on Sched published
HardCap: $ 15.2 million
Minimum Cap: $ 5 million
Minimum Purchase: $ 75 (0.1 ETH)
CKey Token: ERC20
The participant wallet must be compatible with ETH, ERC20
Token and Sign Up Shipment
Participants will register at Crytobnb.io (no other sites or mechanisms are promoted).
After filling out the KYC form, the CryptoBnB team will check all applicants. The team will tell you
approval or rejection with ETH wallet address.
After successful ETH transfer, the notification will be sent to the applicant.
The allocated proof will be transferred to the applicant's wallet no later than one week.
Tokens will be listed on the main exchange within one to two months from the token delivery date.
Token Distribution
Token Distribution Level Model
Use of Funds
All funds received from ICO will be used for the development of the CryptoBnB market platform.
Blockchain Team 15%: Recruit the best talent to maintain CryptoBnB's competitiveness and develop new products and services.
20% Marketing and Sales: Increase market share quickly; improve user acquisition and adoption worldwide.
Multi-Platform 15% Support: Charges for server and customer service so iOS, Android and WebApp client applications work seamlessly and ensure users can access CryptoBnB from anywhere.
Administration and Operation 10%: CryptoBnB will make every effort to ensure the security of all users crypto assets, aiming to achieve industry-level banking audit and security compliance.
Development Fund 5%, Strategic Partnership.
5% Legal Affairs: Legal compliance is the key to CryptoBnB's long-term success.
5% Security and Bounty Bug.
Reserves Cost 25%.
Road Map
Up here the delivery of my related CryptoBnB platform. Thanks to all of you who have taken the time to read my article related to the delivery of CryptoBnB platform. Hopefully with what I have reviewed above can help you in making the decision to immediately join CryptoBnB.
FOR MORE INFORMATION PLEASE VISIT THIS LINK BELOW:
WEBSITE: https://cryptobnb.io/
TELEGRAM: http://www.t.me/cryptobnb
TWITTER: https://www.twitter.com/CryptobnbIco
FACEBOOK: https://www.facebook.com/cryptobnbico/
Address ETH: 0x2265bFE20cF12c05BAFe100a477440bbDc03df29
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