STEP CLOSER TO HOME WITH CRYPTOBNB

One of the most important news that has always caused so much public stir has been the security of tourists or visitors. Day-in-day-out, news on the killing of visitors and robbing of visitors pop up. One of the most identified cause of the situation has always been the inability of visitors to acquire proper accommodation. Visitors who travel to other countries either resot to the hotel management system  or short-term home rentals for accommodation.
 The short-term home rentals business has become very lucrative over last few years.
This has dominated the real estate and property management  sector for the  past 10years. This business has competitively antagonised the current market share of the  hospitality industry to individual property owners, with this sector constantly gaining more attention.
According to HomeAway, an online marketplace for vacation rentals, listings have increased 44% since 2009.
These massive acceptance of the home rentals concept makes any improvement to the rout-to-market very attractive with huge potential success.

SWOT ANALYSIS OF EXISTING MARKETPLACE
In entering or investing  in the short-term rental market, one must analysethe market very well based on the strength, weakness , opportunitiesand threats (SWOT). This is what have been analysed below;

Strengths
The world has come of age and people have come to understand certain things very well. In the past, people were not used to renting rooms in stranger's house's but rather they  preferred other hospitality managed areas. This way of renting and traveling has become much more common lately, especially for Millennial travelers.

Weaknesses
Though the short term home rentals industry has proven to be very helpful, there have been some few setbacks. Typical amongst these setbacks is the centralization of short-term home rentals platforms. This has added more cost since the home rentals companies need representatives in most countries who always have to manage the platforms there. This has made theexisting businessess to charge higher fees to it's platform users. These high charges have stopped most home owners from listing their homes and properties on these platforms since the charges involved decrease their profit margins.
Also, centralization has brought about these companies hiring escrow agents who serve as middlemen between the buyers and sellers. This adds additional cost and exposeservices these companies to series of lawsuits.

Again, the variable reviews of the same property onot different platforms, say Airbnb and TripAdvisor leaves people wondering how genuine the reviews are. People are then left wondering if property owners pay additional incentives so that these platforms can inflate  the reviews  of their property.

Additionally, there is a problem with matching of travelers to some communities as most of these platforms are just interested in their gains without considering the language barriers, the religious contrast and other cultural backgrounds of the parties involved.

OPPORTUNITIES
The short-term home rentals industry has come to stay and has taken a huge portion of the rental market from the hotel management industry. Although some property owners still don't like the idea of listing their properties on these platforms because they do not trust the system or the people involved, these property owners will be motivated to do so if they are assured of the better system which screen strangers to make sure they are harmless.

THREATS
The short-termhome rentals still face threat from traditional places for hotel bookings since these companies are now providing access to short-term home rentals on their platforms.
Many cities and countries have also enacted laws and rules which could predispose the home rental industry to lawsuits

Although short-term home rentals industry has achieved and continues to achieve much success, there is still much work to do per the SWOT analysis. This is why Cryptobnb is here with all the solutions the industry desires.

WHAT IS CRYPTOBNB?

CryptoBnB is here to build a next generation marketplace of online, short term rentals and tenant smart matches. This  improved marketplace is geared towards providing better services for travelers by offering more efficiency on searches, providing lower fees, and better flexibility by using blockchain smart contracts in combination with the power of artificial intelligence and big data to find a desired accommodation in the most efficient way . This   new blockchain technology will allow peer-to-peer transactions for securely renting a place with lower fees since no escrow agents are involved.

CRYPTOBNB: THE SOLUTION

Cryptobnb aims at building a smart platform that serves a growing market segment. This platform aims at growing the market in a more transparent, user friendly manner as well as resolving the technological gaps in the current short-term home rental platform.

How will CryptoBnB achieve it's aim?
To achieve it's aim, CryptoBnB will implement the following technological advancements;
1. Blockchain (smart contracts)
2. InterPlanetry File System  (IPFS)
3. Artificial intelligence
4. Big Data

CryptoBnB will be hosted on the Web and on mobile devices through native applications where the platform will use p2p smart contracts to conduct transactionstatus. This platform will be powered by blockchain technology,  specifically smart contracts,  and will use BnB tokens for exchange of services.

Smart Contracts and IPFS

Smart contracts are used to unchangeably track and transfer value and manage sensitive data safely. Usually, the information encrypted on a public blockchain can be accessed by anyone. However,  with sensitive data, the need arises to shield it from getting into wrong hands hence the use fof smart contracts and IPFS. Smart contracts are used to hash informations and when combined with IPFS will create permissioned  blocks which will allow only users with the blockchain address and key to get access to the information.

AI and Big Data
Artificial intelligence will be combined with smart contracts to create the intelligent and unique wallet called the cryptoDNA. This wallet will be fundamental in the positive user experience. The user-host,renters, service provider will use the platform differentlybut then the platform will make sure each of their needs are met. CryptoDNA will again enhance the smart search engine of the platform so that visitors can be matched perfectly with property owners.
Going forward, CRYPTODNA will use the data storage of individuals to rate them on the platform using the individual's transactions on the platform.
This rating system will help people to connect with those they prefer and trust their services on the platform.

INITIAL COIN OFFERING

CryptoBnB's ICO is still ongoing and participants will be awarded with CBnB tokens.
ICO still live. Get 50% discount when you join ICO now.

Token specs
- Total CKEY tokens: 1 billion CKEYs
- 1 ETH = 3000 CKEY on exchange listing (target)
- Token pricing as per Tier Model
- Minimum Cap 15,000 ETH
- CKEY tokens is ERC20
- Participant's wallet must be ETH ERC20 compatible

The amazing team

For more informations on CryptoBnB, contact them on;

WEBSITE : http://cryptobnb.io

Whitepaper: https://cryptobnb.io/wp-content/uploads/2018/01/CryptoBnB_en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2547705.0

Telegram: https://t.me/cryptobnbgroup


Author:
Bitcointalk username : Jorge158

BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1256959