YOUR COMFORT IS OUR PRIORITY

According to Maslow’s theory of needs, shelter is a basic necessity for all. It is needed to make one go through the hierarchy of needs successful to live life to the fullest. Some time ago, people had to struggle to acquire lands before they could build their own houses and some had to spend so many years in getting these houses built. As time went on people could acquire just by buying them. Fast foward as technology emerged people could just sit in the comfort of their homes and acquire such properties with just a tap with little or no stress. But come to think of it, what happens if one needs to go far away from home as work may demand of him or her? What happens if you want to travel to a place you know no one? What happens if you needed a change in environment for a short while? What happens if you needed to go on a holiday with friends and family and needed a place to rent? People sometimes get this figured out; however, they sometimes end up not getting what they actually wanted, paying outrageous fees, some end up getting duped, disappointed and frustrated. They sometimes have a hard time finding a place to lay their head. Therefore, most people will prefer not to embark on that trip again, or go spend that quality time with friends and family. This is the point CryptonBnB comes in. Crypton BnB has got your back. You don’t have worry any more about paying exorbitant fees for a short while accommodation anymore. You don’t have to be moving on the streets day in day out just to get a place to lay your head for a short while. You also don’t have to cancel that trip; you’ve got to have some fun with friends and family.

What is CryptonBnB?

CryptonBnB is a blockchain powered technology that aims at providing a marketplace of online, short term rentals and tenant smart- matches. It seeks to improve the existing options available for travelers by providing more efficiency on searches with no commissions, lower network fees and a better flexibility by using block chain smart contracts with the power of artificial intelligence to find desired accommodation in a more efficient way.
This blockchain technology, brings a system that can be well trusted on board and it allows users on the platform to have more knowledge on their peers. It also will enable a peer-to-peer transaction of renting a property securely without any additional cost on this service. It will allow travelers to have acces to a huge market of residence that match their budgets and requirement for accommodation anywhere on the globe.This system with the help of artificial intelligence will help homeowners and travelers to ensure payment without  barriers.
The short term rental economy has dominated its sector in growth for the past 10 years and it took 10% of the market share of the global hotel industry in 2016. CryptonBnB will capture the short term rental market by merging the pre-existing short term rental models(AirBnB and Homeaway) with the smart block chain technology.

LIMITATIONS OF THE SHORT TERM RENTAL SYSTEM

1.High fees up to 25% on transactions
2.Inefficient search engines
3.Fraudulent transactions
4.Scams of properties
5.Fraudulent reviews

MAIN IDEA BEHIND CryptonBnB

The main idea behind CryptonBnB is to balance the two- sided between users, that is, the homeowner and the occupant. CryptonBnB will deal with issues of fraudaulent transactions by a robust processand technology. The system will use CryptonDNA™ protocol a patent-pending technology which will be the first to combine blockchain and smart contracts, artificial intelligence and big data. This will generate a very intelligent hospitality service marketplace that will be beneficial to both homeowners and occupants (travelers) by providing much more accurate matches between the traveler and the home or property owners. The team for the CryptonBnB has a road map planned to help build the technology relying on some technological tools that are already existing in the market and the platform will be delivered in afinal work stage in 14- 16 months time.
The CryptoDNA™ aims to enhance the following and find solutions to the limitations of the short term home rental system;
User identity  supported by finger prints to solve fraudulent claims
Trust-based voting and rating system to allow users to know the rating of their peers
Self-learning smart wallet that captures the user’s preference
No commission using crypto currencies
Peer to peer smart contracts and elimination of middle man
Peer to peer marketing using the Artificial Intelligence logic
Address network limitations of micro transactions on the block chain and use of IPFS (InterPlanetry File System) to handle it
MARKET DESCRIPTION
One of the most attractive segments in the real estate and property management sector is the short term home rentals. It has aggressively reduced the market share of the already existing hospitality industry to individual home owners with the short term home rental sector gaining more acceptance by both travelers and home owners. Listing has increased 44% according to HomeAway, an online market place for vacation rentals.

SWOT ANALYSIS
Analyzing the strength, weakness, opportunities and threats (SWOT) of the existing short term home rental system, this project can provide a great insight on what a  perfect system would look like. The SWOT analysis is used to analyze the already existing system available and guide the development of the CryptonBnB platform.

STRENGTHS
The strengths of the short term rentals platform has caused the majority of the public to change their outlook of the hospitality sharing economy.

WEAKNESS
The greatest weakness is the centralization which has caused a high financial cost since hiring of people in every country to manage platforms is highly expensive. This has caused the existing system to charge exhorbitant fees from its platform users. Therefore, serves as a deterrent to home owners from listing their properties on short term rental platforms. Also, centralization has caused the companies to take on the role of escrow agent who negotiate the deal between the buyer and the seller. This has cost these companies their reputation exposing them to legal issues.

OPPORTUNITIES
The short term rentals has impacted the hospitality industry by 0.5% in about less than 10 years. This percentage represent just a small fraction of the total available accommodation market. The short term renatl system is bound to changes as many properties get listed and unlisted depending on the market supply and demand. Also, the short term rental system has the tendency for expansion.

THREATS
CryptoBnB may face a lot threat which may affect the sector negatively. Fierce competition from other sectors may exert pressure on market share and prices.
In conclusion, the short term rentals system has attained a level of success in providing access to short stay accommodation. However, the results from the SWOT analysis show that there are more advancement that can be made as far as the short stay accommodation is concerned.
 CryotoBnB will be built on already existing functioning short term rental model but with the combination of an advanced technology bases on block chain technology, artificial intelligence and big data. These features will help our marketplace to rise to success with growing demands, new acquisitions, and novel products and services within the sector.

ICO
Cryptobnb is still running one of the best ICO's in the Cryptoworld. Join NOW and enjoy the amazing benefits in our ICO.
ICO started on the 14th February and still  continuing and it will end this may.
Token name: CKey
Total CKey Symbol: 1 000 000 000
1 CKey = 0.08 $
Soft Cap: $ 1.5 million
Hard Cap: $ 15,000,000
Minimum Case: $ 5 million
Minimum Number of Purchases: $ 75 (0.1 ETH)
CKey Token: Participant's wallet must be compatible with ERC20.

TOKEN DISTRIBUTION 

For more informations on CryptoBnB, contact us on the following platforms :

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

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1256959

Etherum Wallet: 0xE56a70f66b3aC17F0A8D3C8733220a011f2b827e