EZYSTAYZ - A Global Holiday Rental Platform Powered by Crypto - Crypto Info

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Friday, 5 June 2020

EZYSTAYZ - A Global Holiday Rental Platform Powered by Crypto



Introduction

EzyStayz is a trusted community marketplace for people to list, discover, and book unique accommodation properties around the world. Our aim is to give crypto holders direct access to the short and long-term vacation rental opportunities globally.

We run a fully functioning platform that provides a seamless, quick, and low-cost way to rent or list rental properties in 34,000 cities and 190 countries worldwide without any of the regulatory burdens associated with it. The development and launch of a native cryptocurrency associated with EzyStayz will introduce a layer of decentralization borrowing from the crypto sector and allow end customers and property owners to deal with each other on the platform without any fee or commission.

We envision EzyStayz as the meeting point between existing centralized platforms like Expedia and AirBnb, online travel agencies (OTAs) and the global crypto community. With the help of a public token sale, we will be able to further the development of EzyStayz 2.0 and position the platform as a next-generation and transparent system for short and long-term vacation rentals. By transforming traditional holiday rental platforms and delivering increasing value to all hotels, property owners and their customers, we aim to unlock unprecedented value for consumers and businesses on our platform. We will achieve this through the principles of blockchain: fairness, accessibility, transparency and trust while applying them to an already existing and fully developed centralized model for hospitality accommodation in mature growth markets.




Company Background

EzyStayz is already an established vacation rental company with a proven track record and significant infrastructure in place prior to the IEO. We hold the necessary regulatory certificates for operation across various markets, which allows us to operate worldwide. EzyStayz is ideally positioned to offer competitive fees through a combination of current rental services in combination with blockchain-based modules and infrastructure.


Patform Overview

EzyStayz is a unique blockchain-based marketplace that connects travellers and hosts through a smart contract platform that is decentralized, immutable, and transparent. It has the potential to dramatically reduce transaction costs from business as usual, is secure, and protects customer privacy.

We regulate the marketplace from a point of quality, integrity and security through safe smart cotracts that don’t implode. Reviews, customer feedback and payment records will remain decentralized thanks to the use of smart contracts with identity tokens, allowing transparent and ethical transactions, and eliminating abuse of misrepresentations or scams.

The blockchain-based modules of the platform will make it seamless for both buyers and sellers to have their wallets and tokenized accounts set up without the need to have deep knowledge in cryptocurrency through our interface.

The core of our platform is the utilization of blockchain technology and smart contracts to solve the major drawback of Airbnb, HomeAway and other property sharing sites. EzyStayz benefits from a host of breakthrough technologies and features. Namely:
  • First blockchain technology that allow targeted marketing on a P2P level
  • Smart contracts generation and customization with ease
  • Integration of identity tokens and Smart contracts
  • Elimination of trust issues
  • Decentralized direct payments on a P2P level
  • Ability to generate customized targeted searches for tenants resulting in faster searches, higher probability of renting and better ROI for both hosts and service providers
As an easy-to-use, transparent and secure platform built on the blockchain technology, EzyStayz allows buyers (tenants) to sift through extensive and detailed listings of properties available around the world in a smarter customized way. The platform deploys a complex rating algorithm based on multi-dimensional metrics like personal preferences, previous customer reviews, property features, location and occupancy information to allow users to list, discover, and book short and long-term rentals on the blockchain.

The Websites

EzyStayz already has a fully functioning website with over 800,000 property listings worldwide. But the EzyStayz website is structured as a part of a bigger network that works through one blockchain-based platform to fulfill various B2B functions. EzyStayz ill partner with multiple providers to make transactions seamless, thus acting as a bigger umbrella for existing cryptosolutions. The platform is designed to encourage participation through a two tier reward levels targeting short term and long term participants as well as stimulating referrals.

The EzyStayz website is the heart of the short term rental blockchain-powered ecosystem. Key elements of the platform are the digital wallet, website, modular features, and EzyStayz token (EZY).


Digital Wallet

The multi-currency crypto wallet app allows users to store, manage and shop with their crypto funds without the complexity of managing multiple wallets. Users benefit from a high level security thanks to multi signature technology and multiple hot and cold backups. The multi-currency wallet can be funded with various cryptocurrencies. The private key to each EzyStayz Wallet is secured via an industry standard hot & cold storage solution. The user can choose between different crypto assets as a source of payment within the EzyStayz platform. The benefit s of the Ezystayz wallet are:
  • Direct payments with crypto, no FIAT exchanges, no debit cards or bank accounts
  • Immediate payment confirmation
  • ERC-20 token spending environment.

EzyStayz Economy

The EzyStayz token (EZY) drives the entire EzyStayz ecosystem. In this section, we explain how the demand for EZY is created by its various utility cases.

Usage of the Ezystayz Token

To create a strong economy that ensures the value of EZY, we will rely on four elements: high demand, low velocity, value-added features and gaming.

4 Reason for the value of the EZY tokens to grow

  1. Generation of constant demand
    Our existing website is surely one of the most important elements of EzyStayz and is the fundamental driver of the EZY economy. Any booking on the website automatically generates demand for EzyStayz tokens, regardless of whether it is paid for with EZY, fixed-value cryptocurrency or fiat currencies. Since travel related bookings are generally high volume transactions, this can quickly create a solid base of utility demand

  2. Reduction of EZY Velocity
    The key element of the EZY economy is the lockup period of EzyStayz tokens. Whenever a booking is made, the payment currency is automatically converted into EZY and stored in the booking smart contract. The EZY remains there, in escrow, until the customer completes the booking (e.g. checks out from a hotel).
    This lockup function reduces the circulating supply of EZY for the period between booking and check-out. The higher the booking rate, the more EZY are escrowed in the smart contract at a given time, and the higher the demand on EZY will become.

  3. Value-added features
    All value-added features on the website will be paid for in EZY. While users will generate constant demand on EZY through bookings, hotels and property owners will also likely keep EZY reserves in order to pay for accessing premium features such as increased visibility or volatility protection.

  4. Gaming
    EzyStayz has an inbuilt gaming model within the website which makes it fun for its customers to play whilst booking accomodation. This will increase the demand for the EZY tokens and as more users join the tokens will be come more valuable as there is a limited supply


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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69





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