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Author Topic: [PRE-ICO] Abab.io – Decentralised marketplace for accommodation rentals  (Read 7753 times)
myternity
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July 05, 2017, 02:52:18 PM
Last edit: July 21, 2017, 08:12:56 AM by myternity
 #1



Pre-sale date: July 13th 13:13:13 UTC
Crowdsale date: August 15th.

Project Summary
Abab.io is a decentralized marketspace for accommodation rentals where a blockchain solves the issue of trust between the host and the guest. Our team implements on the blockchain a single database of guests and hosts comprising information about all the postings by the hosts, all the relationships between the guests with the hosts, and the system of booking and settlements between the guest, the host and the partner. Partners are third-party developers of services and interfaces for both hosts and guests.
ABAB.DAO is a decentralized autonomous organization used for developing projects (primarily helping partners in the formation of their products) based on Abab.io technology.
The main differences from the traditional solutions, for example, Airbnb, are the following:
•   the interaction between the guest and the host based on a smart contract;
•   an open technology for partners who, using the database of all hosts, can create the best offer for the guest (language/currency/site/mobile application/support service);
•   access to the entire host database without the need to request from abab.io permissions and accesses, without worrying about any changes in the rules of the game or the dictatorship from the "big brother", and without the need to be burdened by legal interactions with thousands of counterparties.
Always there are two main risks – the platform and counterparty in traditional alternatives.  It you’re a guest, something may go wrong with the platform and with the host, and it you’re a host – the same goes to platform and guest. We’ll remove the platform risk through DAO and decrease counterparty risk through smart-contracts.



Problems We Solve
Guest issues
Average accomodation rental agregators commission is about 9-35%. Terms of use are usually the same for all of the users of the system and you can't refuse using insurance or, maybe, phone support etc. You can’t change one booking system to another because it’s database and reputation system have no access for other market participants.

Small market participants issues
If a company by itself wants to enter the rental market, it needs rather a huge amount of investment in real estate (to offer for rent) or to form a pool of hosts to earn commission from deals it provides to hosts (AirBnB business model). First option needs capital investments, second option needs a lot of time and marketing costs.
Among “sharing” companies there’re a few leaders of the market who owns a big amount of data about guests and hosts. These databases are unavailable to use by third party developers because often it has no API. In case if there is an API third party developers become dependent from an owner. The owner dictates its terms and is able to change commission size and seize markets warmed by partners.



Benefits
Guests:
•   A huge database of the hosts’ offers;
•   Price: the blockchain allows lowering the cost of transactions and simplify the interaction of many hosts, guests, and partners;
•   Flexible channels of interaction provided by the network of partner services (websites, mobile applications, travel agencies);
•   A variety of options for the service: different partners provide different levels of service; some provide telephone support, others leave the client alone with the website while reducing the price; some communicate in English only while others can provide support in Rachasap;
•   Trust: the rules are written in the form of smart contracts and cannot be breached by either the host or the guest.
Hosts:
•   Customer flow: by posting an ad in one place you receive a stream of customers from many channels;
•   Trust: the rules are written in the form of smart contracts and cannot be breached by either the partner or the guest;
•   Identical rules for all, irrespectively of the partner;
•   Low commission systems due to the competition among the partners.
Partners:
•   Low cost of entering the rental market;
•   Data on all hosts;
•   Community support, including investment, via ABAB.DAO.



AbabCoin Token Distribution
AbabCoin (AAA) – ERC20 cryptocurrency token with limited emission
Blockchain: Ethereum
Each AbabCoin unit can be divided into 100,000,000 parts.
1 AAA (ICO) = 0,10 USD
Total amount of AAA: 320,000,000 (320 million)
Amount of AAA reserved for:
ICO and pre-ICO – 30% (300,000,000)
Team – 15% (15,000,000)
Bounty – 0,5% (5,000,000)

ICO and pre-ICO details
Amount of tokens for ICO: 290,000,000 AAA
Conversion of preICO tokens to AAA: 10,000,000 AAA

Amount of tokens sold - Discount:
0 – 10’000’000 AAA (preICO) - 50% discount
2’000’000 – 75’000’000 AAA - 15% discount
75’000’000 – 150’000’000 AAA - 10% discount
150’000’000 – 225’000’000 AAA - 5% discount
225’000’000 – 300’000’000 AAA   - 0% discount




Core Team
Alexey Nebotov – Project Team Lead. Currently running a team of 20 analysts and developers. 5 years of experience in blockchain. Developed Solidity smart contracts.
Sergey Latatuev – Project Architect. Vast experience in enterprise application architecture.
Denys Matuzenko – Project Front-end Developer. 10+ years of enterprise solution architecture, analysis, design and development.
Yaroslav Lunev – Head of Communication. 7+ years of experience in digital marketing and business administration, Director of Photography.



Bounty Campaign
Wait for a few hours for announcement

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July 05, 2017, 02:52:57 PM
 #2

reserve indonesian translation
thanks

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GolumDeMort
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July 05, 2017, 02:53:44 PM
Last edit: July 05, 2017, 05:24:09 PM by GolumDeMort
 #3

Hello! Let me reserve the translation of the bitcointalk Russian thread/site/whitepaper.

Previous jobs:
https://bitcointalk.org/index.php?action=profile;threads;u=934882;sa=showPosts








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.CROWDFUND THE NEXUS.

WHITEPAPERLITEPAPER████████  ████  ████▀▀▀▀▀▀



May 20, 2019             ███ ███
Initial Exchange Offering




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Sergei.Gerasimenko
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July 05, 2017, 02:55:47 PM
 #4

Hello!

Please PM me if you need fast and high-quality russian translation.

You can check my previous works below.

My previous jobs:

AICOIN https://bitcointalk.org/index.php?topic=1982197.0

Encrypx https://bitcointalk.org/index.php?topic=1974861.0
https://bitcointalk.org/index.php?topic=1963953.0

Dentacoin Whitepaper http://dentacoin.com/white-paper/Whitepaper-ru%20v.0.8.pdf
Dentacoin Articles:

- https://steemit.com/blockchain/@dentacoin/1-iyulya-2017-goda-dentacoin-publichno-zayavlyaet-o-sebe-s-pomoshyu-eksklyuzivnoi-predprodazhi

- https://steemit.com/money/@dentacoin/prigotovtes-k-predprodazhe-monety-dentacoin-sleduite-prostomu-kontrolnomu-spisku

- https://steemit.com/russian/@dentacoin/predprodazhnyi-perechen-dentacoin-svoi-interes-vykazali-svyshe-2000-chelovek

- https://steemit.com/money/@dentacoin/dentacoin-na-18-m-meste-v-reitinge-osnovnykh-mirovykh-valyut-v-techenie-sleduyushego-desyatiletiya

- https://steemit.com/money/@dentacoin/8-prichin-pochemu-dentacoin-mozhet-stat-vsemirnoi-valyutoi

Espers https://bitcointalk.org/index.php?topic=1988457.msg19800279#msg19800279

BetKing https://bitcointalk.org/index.php?topic=1990459.new#new

Best regards,

Sergei Gerasimenko

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July 05, 2017, 02:55:49 PM
 #5

Reserving Hindi translation if needed.

My earlier translations:

https://bitcointalk.org/index.php?topic=1958804.0
https://bitcointalk.org/index.php?topic=1973178.0
https://bitcointalk.org/index.php?topic=1980155.0


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   ...RNG CERTIFIED.....
     ...FREE FAUCET.........
..MOBILE FRIENDLY..
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jeraldskie11
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July 05, 2017, 02:58:15 PM
 #6

Reserved for Filipino Translation


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hughjays77
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July 05, 2017, 03:01:20 PM
 #7

Reserving italian translation if needed!
Let me know,

Hugh
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July 05, 2017, 03:05:38 PM
 #8

Reserved Turkish translations. Please send me a PM to let me know about the status!

Previous work:
[ANN] Snapshot
[BOUNTY] Snapshot
[ANN] GeyserCoin
foodstamps
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July 05, 2017, 03:06:46 PM
 #9


Pre-sale date: July 13th 13:13:13 UTC
Crowdsale date: August 15th.

Project Summary
Abab.io is a decentralized marketspace for accommodation rentals where a blockchain solves the issue of trust between the host and the guest. Our team implements on the blockchain a single database of guests and hosts comprising information about all the postings by the hosts, all the relationships between the guests with the hosts, and the system of booking and settlements between the guest, the host and the partner. Partners are third-party developers of services and interfaces for both hosts and guests.
ABAB.DAO is a decentralized autonomous organization used for developing projects (primarily helping partners in the formation of their products) based on Abab.io technology.
The main differences from the traditional solutions, for example, Airbnb, are the following:
•   the interaction between the guest and the host based on a smart contract;
•   an open technology for partners who, using the database of all hosts, can create the best offer for the guest (language/currency/site/mobile application/support service);
•   access to the entire host database without the need to request from abab.io permissions and accesses, without worrying about any changes in the rules of the game or the dictatorship from the "big brother", and without the need to be burdened by legal interactions with thousands of counterparties.
Always there are two main risks – the platform and counterparty in traditional alternatives.  It you’re a guest, something may go wrong with the platform and with the host, and it you’re a host – the same goes to platform and guest. We’ll remove the platform risk through DAO and decrease counterparty risk through smart-contracts.



Problems We Solve
Guest issues
Average accomodation rental agregators commission is about 9-35%. Terms of use are usually the same for all of the users of the system and you can't refuse using insurance or, maybe, phone support etc. You can’t change one booking system to another because it’s database and reputation system have no access for other market participants.

Small market participants issues
If a company by itself wants to enter the rental market, it needs rather a huge amount of investment in real estate (to offer for rent) or to form a pool of hosts to earn commission from deals it provides to hosts (AirBnB business model). First option needs capital investments, second option needs a lot of time and marketing costs.
Among “sharing” companies there’re a few leaders of the market who owns a big amount of data about guests and hosts. These databases are unavailable to use by third party developers because often it has no API. In case if there is an API third party developers become dependent from an owner. The owner dictates its terms and is able to change commission size and seize markets warmed by partners.



Benefits
Guests:
•   A huge database of the hosts’ offers;
•   Price: the blockchain allows lowering the cost of transactions and simplify the interaction of many hosts, guests, and partners;
•   Flexible channels of interaction provided by the network of partner services (websites, mobile applications, travel agencies);
•   A variety of options for the service: different partners provide different levels of service; some provide telephone support, others leave the client alone with the website while reducing the price; some communicate in English only while others can provide support in Rachasap;
•   Trust: the rules are written in the form of smart contracts and cannot be breached by either the host or the guest.
Hosts:
•   Customer flow: by posting an ad in one place you receive a stream of customers from many channels;
•   Trust: the rules are written in the form of smart contracts and cannot be breached by either the partner or the guest;
•   Identical rules for all, irrespectively of the partner;
•   Low commission systems due to the competition among the partners.
Partners:
•   Low cost of entering the rental market;
•   Data on all hosts;
•   Community support, including investment, via ABAB.DAO.



AbabCoin Token Distribution
AbabCoin (AAA) – ERC20 cryptocurrency token with limited emission
Blockchain: Ethereum
Each AbabCoin unit can be divided into 100,000,000 parts.
1 AAA (ICO) = 0,10 USD
Total amount of AAA: 1,000,000,000 (1 billion)
Amount of AAA reserved for:
ICO and pre-ICO – 30% (300,000,000)
AbabDAO – 30% (300,000,000)
Marketing – 29,5% (295,000,000)
Team – 10% (100,000,000)
Bounty – 0,5% (5,000,000)

ICO and pre-ICO details
Amount of tokens for ICO: 298,000,000 AAA
Amount of tokens for pre-ICO: 2,000,000 AAA



Core Team
Alexey Nebotov – Project Team Lead. Currently running a team of 20 analysts and developers. 5 years of experience in blockchain. Developed Solidity smart contracts.
Sergey Latatuev – Project Architect. Vast experience in enterprise application architecture.
Denys Matuzenko – Project Front-end Developer. 10+ years of enterprise solution architecture, analysis, design and development.
Yaroslav Lunev – Head of Communication. 7+ years of experience in digital marketing and business administration0 Director of Photography.



Bounty Campaign
Wait for a few hours for announcement




Can you post links to the "Core Teams" LinkedIn accounts, or some proof of their qualifications?
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July 05, 2017, 03:12:27 PM
 #10

Fantastic, new technology is very simple, I keep following your project and wait for the next plan. Good luck
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July 05, 2017, 03:14:20 PM
Last edit: July 05, 2017, 07:57:41 PM by jpoker272727
 #11

I dont have a clear idea how much costs an AAA in the pre-ICO phase and in the ICO phase?

You say it costs 0.10 USD but in which period?

Normally people who invest earlier should receive more coins, or they will receive bonus at the end or the coins should cost cheaper.
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July 05, 2017, 03:38:12 PM
 #12

Reserved Spanish translation when needed. Please, PM me.

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Yo!


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July 05, 2017, 06:08:56 PM
 #13

I dont have a clear idea how much costs an AAA in the pre-ICO phase and in the ICO phase?

You say it costs 0.10 USD but in which period?

Oh, thank you so much! I forgot to add it, give me 2 minutes and I'll add this info
pre-ICO discount is 50%

Kelvin
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☀️ Iskra Coin ☀️


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July 05, 2017, 06:20:48 PM
 #14

Is this to be taken seriously or not ? You hear of these coins with all their promises but is this going to become a reality ? Investing in property using it's very own altcoin is a massive leap in innovation and it will jump start altcoin integration. So I hope it is true. I want it to be.

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July 05, 2017, 06:30:01 PM
 #15

Is this to be taken seriously or not ? You hear of these coins with all their promises but is this going to become a reality ? Investing in property using it's very own altcoin is a massive leap in innovation and it will jump start altcoin integration. So I hope it is true. I want it to be.
Hi there!
Well, it is not exactly about investing in property. It is about building a decentralised platform which can be used by anyone in their services. One common trustful blockchain database of hosts and guests with a small commissions.
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July 05, 2017, 06:33:57 PM
 #16

Could i Reserve the French Thread?

Always working on Starta and Waves !

Thanks and succes to you

http://www.waveswiki.org/index.php?title=Main_Page

https://bitcointalk.org/index.php?topic=1948745.0

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July 05, 2017, 06:34:32 PM
 #17

will be twitter company??? or facebook
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July 05, 2017, 08:25:41 PM
 #18

I summarized some info in this article: https://steemit.com/blockchain/@steewrit/abab-io-beating-airbnb-on-the-blockchain
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July 06, 2017, 04:35:29 AM
 #19

Wow! That's a rapidly fast article! Thank you!
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July 06, 2017, 04:40:54 AM
 #20

reserve Chinese translation if needed.

████→→       ● BitMEX, trade bitcoin and altcoins using 100X leverage   Use this link to sign up and get 10% off fees for 6 months

████→→       ● BitMEX, 100倍杠杆交易比特币和山寨币  设在香港,提供中文支持, 用此链接开户前6个月节省10%的交易费
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