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So I stumbled upon an ico coming up called the bee token that is decentralizing the airbnb model. There are some pretty cool features such as zero commissions, transparency, immutable reviews, and dispute resolution. The team is made up of ex-engineers from google, uber, and facebook. From what I know their cap is $15m and their pre-sale is coming up this month. Anyone else hear about them?

https://www.thebeetoken.com/

whitepaper: https://s3-us-west-2.amazonaws.com/beenest-public/whitepaper/bee_whitepaper_v3.pdf

yes i'm a part of their telegram group and have been since the beginning. Lots of potential in this one and i think it's the team that gives me a lot of faith as well. other than that I just hate airbnb lol, so anyone that's going to disrupt, I'm behind.

This project could be huge, airbnb is worth an absolute fortune and if it can come close to rivaling that then it can be a big profit for investors, if done properly this could have a market cap in the billions, it's that big of an industry. The guys working on it seem to have good backgrounds so I'm going to be watching this closely

My take on airbnb is surely quite different than yours, so much better to rent a house on airbnb than stay in a hotel for extended periods of time, a token moving in a similar direction is something I could use.

Well Airbnb is a big dominator in its niche and i'm pretty sure that with its help this ICO can become successful in no time.
Here is the official thread btw: https://bitcointalk.org/index.php?topic=2213527.0

Thank you for the link to the official thread. I'll do some research into this one.
I agree this ICO could be very successful if they tick all the right boxes.

I saw them present in person at a meetup.

I'm not sure if airbnb needs to be decentralized. Here is my working hypothesis, that a decentralized app may be cheaper to run whenever it can replace manual processes/hiring humans to do the work, but it is still more expensive then running a good old "centralized" app, because there will be more transaction fees and confirmation times. I don't think airbnb's protocol needs to be decentralized, and by the time they're at scale they're still gonna have to pay the big bucks to hire the good designers, engineers, business people to create a great user experience, deal with legal issues, etc.

Sounds intriguing, if they can become a concurrence for Airbnb it will possibly be huge.

Yeah, I know bee token. As I have experienced very unpleasant things with airbnb and nothing but hate this company and their support, I certainly hope that this project will put them out of business for good. Hopefully this project will disrupt the domain airbnb is in! I will be definitely investing in the ICO, got to support this by principle. Actually I like everything decentralized that fights the huge companies that are thinking the whole world belongs to them.

I am definitely going to look into this ICO

I couldn't agree more. Airbnb as a company is cool, but their platform became like Ebay. Dispute resolution is unfair and you end up getting banned. Love where this project is headed. Here's the updated ANN thread: https://bitcointalk.org/index.php?topic=2313314.msg23482285#msg23482285

I would also recommend joining the telegram group: https://t.me/beetoken

That can be a good project, I should definitely check them. Also, I found one more promising project involved in real estate. It's called Zabercoin. They aim to become a real estate digital token. Here's their Bitcointalk thread: https://bitcointalk.org/index.php?topic=2388631.0
I think it's gonna be huge in the long term

Thanks for the info! Recently heard about them, but did not find the information. I will definitely study!

As an Airbnb user I'll try to look in to deeply.
Took a quick look and team looks has wome high profile job experiences.

wow, i haven't heard about this ico, but i like airbnb in general. it is much easier and convenient for my family to use airbnb then booking a hotel room, and i know that there are a lot of people like me, so this project will be interesting for many people. i would look through the white paper, seems very interesting.

well , seems it will be a nice coin to invest time and cash. I'm gonna research it.

As long as everything works out fine with AirBnB its convenient to use. The hassle starts as soon as there is a problem and you have to start to deal with the extremely bad costumer service of AirBnB. In the end I payed more for phone bills, letting my lawyer write a letter and spending hours after hours running behind my money, than I saved in total through AirBnB.

Yes I completely agree!! Their customer services and dispute resolution is crap. There's a huge need for blockchain in this area. After reading their wp and looking at how arbitration works, I am very excited for what they have set up.

wow, a great project. I think it has a huge potential.
A home sharing market is actively developing nowadays and a lot of new features usually appear in this market.
In my opinion this project will have a lot of followers if the team will make their best.
Decentralizing of AirBnb would be really great, when i travel i usually face a lot of problems and this ICO will solve them.
Under problems I mean fake comments, lots of fees etc.

it's gonna be a good project, I'm looking for good real estate ICOs. So far I've found Airbnb and Zabercoin. Those are very promising with unique ideas. They have a lot of potential

definetly will research, when does the sale start?

So true!! I do like that the bee token has immutable reviews. Airbnb is littered with them. Can't wait for the pre-sale in january.

They haven't officially announced it yet, but they said in their telegram group January-Feb. They're very active on telegram and it's the perfect place to ask questions: https://t.me/beetoken

it is a very famous name and it is being used all over the world. but why do the need to launch an ico?.. what do they collect money for? this is what can't get out of my head...

It should be attractive one project & promissing ICO

Thank you for answering. Ill keep checking!

This one is one of my favorites. Impressed by the team and even more impressed with how far they've come along in terms of idea to fruition. Saw on their telegram that they already have a prototype ready.

Thanks for share, I have just joined whitelist. Is it truth about former Uber/Google/Facebook employees - anyone checked?

Any info when the token sale starts?

You can ask him yourself on their telegram group: https://t.me/beetoken

Got the chance to talk to him and he's pretty cool

From what I know the pre-sale will be January 2018. I like to stay updated on their telegram group: https://t.me/beetoken

it sounds very interesting and promissing)) are they going to launch a bounty campaign? it would be great to participate in such a serious project.

Have not heard about until now but honestly that concept sounds dope. Thanks for the knowledge will look into them soon here. We could always use healthy competition when it comes to these new sharing services. Don't understand how blockchain will make it better but that is what I intent to find out :).

Is it worth the investment? Is the announcement thread built from the people in the AirBnB company? Let us know what you find.

imo they solve a lot of problems platforms like airbnb can't. Fake reviews are rampant and airbnb's solution is to ban hosts and guests if there's some kind of "unresolved" conflict. Saw the bee token's medium post about their protocols and I'm very impressed: https://medium.com/@thebeetoken/how-the-bee-token-is-changing-home-sharing-with-its-bee-protocols-6ba3bacbc819

I'm loving this project and wish it all the best. As an airBnB host I can't wait to use their platform.

That said, I DON'T like their way of working. Feels like a money grab (family and friends into pre-release sale) and then Pre-sale with ever changing minimum investment (first 50k, then 15k, now 50Eth), with a lot of time between that and ICO. So even after presale, Eth price could rise a lot and you're in loss. On top of that, SAFT regulations demanded (unfortunately the new standard in US ICO's) makes it all a lot less attractive.

Nevertheless, as a host, I will definitely join the platform. As an investor, not so much.
 

Something I like about the bee token is their willingness to listen to the community. I remember their market cap was $30m and they changed it to $15m because the community thought it was too high. It's bummer yes that US investors can't join unless they're accredited, but I don't blame them for that. they're just trying to follow the rules. Since there's such a limited supply of bee tokens, I can see the value holding itself or increasing.

Nonetheless very excited for this to use as an investor, host, and guest.

Nice Project, i think im gonna have a look at the ICO. it could be something huge

Yes all true. Website is even taken by Google inc

True, they have one of the best marketing and comms team I have ever seen. And indeed willing to listen. This will be huge, big competition for Airbnb.

Airbnb is not the company launching the ICO, the Bee token company called Beenest is and they are challenging the business model of Airbnb. The title of the thread is not clear enough and should have been stated as Beenest or Bee Token ICO instead.

Meanwhile, I find this project likable and interesting. It is definitely going to cutoff much the fees involved as opposed to the ones that will have been incurred if I used Airbnb instead.

The bee token has a good position in the market since they're eliminating fees. That's a big selling point for me. As I've been following them, I'm liking them more and more. As a team/company, they are are proactive about transparency and updates. Wish I could participate in the pre-sale, but I can only do the public sale atm.

I have seen many projects coming up with the idea of decentralized airbnb but to be frank it will be hard to compete with airbnb, i hope airbnb will itself upgrade itself to blockchain and lower the fee.

lol i highly doubt that. they make all of their money from the fees. I don't think it'll be hard to compete because the market is huge and fairly untapped. What I do like about this project in particular is their drive. They've been making partnerships left and right along with adding key advisors. Recently partnered with Rentivo.

"With The Bee Token preparing for hypergrowth, we are announcing our partnership with Rentivo, a vacation rental marketing and management software company that will provide The Bee Token much needed visibility within the travel/tourism industry and will provide inventory while also incorporating the BEE token into their platform."

article: https://medium.com/@thebeetoken/rentivo-x-bee-token-partnership-announcement-cb6292319b49

saw this project by a youtuber i follow. very good project summed up by crushcrypto: https://www.youtube.com/watch?v=J62PS7jbliU

their CEO has been doing more AMA's and I've been following along.

Pro's:
1. Team
2. Market
3. Zero commissions
4. Market cap ($15m)
5. Partnerships

Con's
1. Going against Airbnb

Overall they have a really good shot. at the end of the day it is all dependent on the team and how they execute. just the amount of hype they've built organically a month before their pre-sale is pretty assuring. Very excited for this one

Another con is the insane discount they gave to early investors (read: family and friends). They have a big share which is only locked for 1 month after launch. Then it will be dumped for huge profit.

This project could be huge, due to its strong team and relatively low hard cap. However, I don't like the way this team handles the presale. That is, only accredited investors can join the presale.

I think they did it for sec regulations. Since they're based in the US, I think they're pretty smart to prevent any trouble they could get. I don't mind as the public sale will still be good compared to if they hit exchanges.

At the end of the day, solid project with a good team. Even better their market cap is low which is rare nowadays.

Team seems to be solid, but the idea isn't new and why didn't they develop a prototype? That must be a few days for such professionals.

Huge fan of this project. Wish I could participate in the presale tho. Looks like they have a proto ready, just can't release it yet. I do believe it's coming soon

Ok, so the guy that has posted this clearly works for Bee token, and unless you are dumb it's obvious. Yes, your ICO looks interesting, you raised most of your funds through strategic investors and now you want to shill it on Bitcoin Talk. I may invest in it.

the only thing tat i can't understand is bounty program... it is written that according to some new regulations they closed the bounty program.. very strange.. i was hoping to take part in it. and could someone tell me what are the dates of this ico?

Saw them some weejs before and the project looks really interesting. If they deliver it would be a game changer probably, as there is nothing similar on the market.

That's not totally true, for example lockchain has gone before them. But this momentum and team they have is unheard of I think. This will take the world by storm within 2 years, and thus be promoting btc/altcoins and make it more accessible. Good news for all of us hodlers  ;D

THIS exactly. They have everyone's attention and if you follow them, you'll see that their strategic partnerships are going to elevate them. If you don't get your hands on the bee token, then you're missing out. But based on their presale selling out in 3 minutes...don't think anyone will get any because their public sale will sell out in like 3 seconds  :'(

Maybe in the long run airbnb could shift to blockchain and buy them. I will give a look to the ICO. Thanks for sharing!

Very interesting, I myself have heard about this project but I did not studied. So I thank you for the information.

The big trick here is to find out who partners with them. If you get that info, post it here right away so we can all join in the fun. REQ is one of them. Get it NOW!

Yeah, I'm very curious how that will play out. They should limit the buys and also give some kind of advantage to the early followers (I'm one of them, so that's why I am saying this haha)  :D

Thank you for the information, I am downloading the whitepaper to read and research. One question, do you know whether "Airbnb ICO" is related with Airbnb Company? It looks like to build up another House Sharing Network.

Haha ok, but no one knows this project, so it does not count :P

I follow them on medium and that's where they post their partnerships and advisors. Very exciting news that they release regularly. https://medium.com/@thebeetoken

I would also join their telegram group because they're the most active on there. https://t.me/beetoken

No i think it was a play on words lol. the bee token is just the token. their platform is called beenest and yes, it will complete with airbnb for short term housing rentals. If you have more questions, join their telegram group. they've answered all of my questions. https://t.me/beetoken

The bee token is going to be a close on people. Only 5 million for the public crowdsale?? This is gonna be like when Apple releases new products  ;D

Pretty cool they were featured on https://www.icohotlist.com/ico/the-bee-token/ as a must watch. This project is gaining a lot of popularity and that's great for us and those that don't know about crypto yet.

the project sound good, i planing to be a part of it, not just buy on ico.

My question is this particular ICO actually linked to the airbnb company or are they a completely different entity in themselves? Definitely interested i going in with this iCO

For sure the project could be a huge success, due to its strong team and low hard cap. I really like the team handling  the project it will real attract the public to participate in the ICO. Most invest at times looks into the team of a project before they will develop interest to invest in ICO. If this Project have such a team then the ICO will have a huge demand.

They will have big competitors in this niche like airbnb, FlipKey, Verbo, HomeAway and others. What makes them so sure to be successful? Did they already contacted owners?

Totally other entity. Instigated out of Google inc, this will be the 2nd, if not 1st Airbnb.

What pulled me towards the bee token wasn't just the team and great idea, but also the strong partnerships they've been making to boost them when they launch. You can find all of their partnerships on their blog: https://medium.com/@thebeetoken

Sure about that how the bee token is having strong teams, i was discussing so many things with them all in their telegram group and the developers are really responsive. but the bee token is following sec compliant that means the token will not become security. It may give a lot of value in the future. One of the promising project in this year.

If they make the right moves (which looks like they're doing that already) the bee token will do great. All of their partnerships add even more credibility for me. Excited to see where this platform and token go.

Oh Beetoken, OK, I thought Airbnb is in Blockchain as well now xD
Best wishes to BeeToken.

Nice one, will keep an eye on it

I wanna say that Airbnb is a great project in all sides, and if they decide to make an ICO - that's a good news to those who are looking for a spot to invest, I'd highly recommend to take this project seriously.

good points and questions. The project sounds good and already is
creating a bit of a buzz. It would be nice to know it there are already
foundations laid in regards to an existing development team and
possible connections made with owners, sellers and investors?

Agreed. From what I've been reading about the bee token, they've added a bunch of partnerships and advisors to their blog. Very strategic in my opinion. https://medium.com/@thebeetoken

So true, this "dispute resolution" thingy was the worst thing I experienced so far. I just ended up with money, time and energy wasted in a gross amount for a not even close to satisfying result. Im really looking forward for Airbnb getting crushed by the competition evolving around the blockchain space. Im totally into helping Beetoken to become successful with their honorful task!

They will have big competitors in this niche like airbnb, FlipKey, Verbo, HomeAway and others. What makes them so sure to be successful? Did they already contacted owners?

Also my biggest unansewered question is:

How will they regulate their token?

If I'm a host charging $40 for a room (in beetokens), I don't want it to drop to $25 when I have received it.
So they will have to regulate this.

Then for investors and people wanting to make profit on the price fluctuations it's not interesting at all..

I think you should ask them directly int he telegram group. I'm curious as well.

But as an update, their whitelist opened, so don't forget to sign up: https://www.thebeetoken.com/

Hi Everyone!

They don't answer to this, already asked them a few times.

Thing is, you can right away change it to fiat in your account, so that will make sure you get the price you are asking. Changing into fiat costs a 3.99% commission though, so that's where you lose a bit, and probably they win a bit.

They let this be done by an external party, so probably most of the 3.99% goes there..

this is a very nice question. and you are right, the commission now is just crazy..hope the situation gets better..

guys, the bee token is not Airbnb company's project. i have just found out it in the official bee token telegram chat. so don't get confused, it's a different project, which stands by it's own. check the official website and ann thread for information about the project if you really want to invest in it. good luck

Frankly speaking, I have not heard about AirBnB conducting ICO, as far as I heard there is a similar project called CryptoBnB, the essence of the project is the same, only it will be possible to pay for crypto-currencies, that's the whole difference, but anyway in such projects in any case promising

Very interesting, almost sounds like a gimmick judging by the name though lol.

Anyone know anything about their dev team and past projects?

Sounds like a nice project. They have nothing to do with Airbnb, it's a complete indedepent project from what I see.
They have a pretty low hard cap, so they shoudl make it.

Looks interesting, Airbnb is a popular I will follow the development of this ICO. Just hope it will prosper and materialized and will not end up another failed ICO.

Airbnb ICO?? wow did not see this coming. but now thinking about about it i think it would be better to have airnbnb decentralized. then we have airbnb tokes running the platform.