Interesting idea which appears to be attempting to push crypto into the real world. A couple of questions (which reflect the complexities in attempting to apply crypto to real world goods and services):
- How does this differ from CryptoCribs (
https://www.cryptocribs.com/) which (appears to) already has a functioning Airbnb like platform?
- How will you be building the network of hosts? From my understanding of Airbnb they put significant effort (and spend) into marketing and sales to find hosts at the beginning. I see this as critical - without scaling a network of trusted hosts quickly your 0% commission will not be much of a value add compared to the liquidity that AirBnb provides to hosts and renters.
- How will you convince hosts to list on your platform given that the market for Bee Token is likely to be illiquid at the beginning? Will you be asking hosts to accept the exchange rate risk from Bee Token - fiat of their choice?
- Will owners be able to set the insurance premium? Since all renters will be untrusted especially at the beginning of building the network, if I were an owner I would like to set a high insurance premium for untrusted renters since I imagine new accounts will have a much higher probability of trashing the place and it will be impossible for me to have recourse through a smart contract unless I set a high insurance premium.
Thanks in advance for answers - interested in potentially hosting on the platform and getting in on the ICO if there's potential here for long term value.
Cryptocribs as far as I understand has nothing to do with the blockchain, identity wise, smart contract wise, besides its payments.
We will be building hosts the same way as any other, through marketing what we have to offer. we hope to have a wide variety of services on our platform that can compete with airbnb, from insurance offered, cleaning services, and quite possibly tax accountants.
We are paring with som exciting partners that will hopefully reduce the volatility of our beetoken that we require to run our platform.
Our platform is concerned with 3 protocols, which is what makes us unique. These 3 key protocols will be revealed in due time.
Hosts will be able to set their own business home insurance that they carry to whatever level they please!! However, we think we have some exciting things going for us that will make the renting to users more secure and trusted than Airbnb.