Quote from: szfinx on October 24, 2017, 05:40:35 PM

Are you going to fix the rent for the whole rental period (can be several years) for dollar or your token?
Who is going to take the price fluctuation risk? You, the renter or the landlord?

The idea is good, but it won't work, it is still too early for cryptocurrencies to take over. Not even the Bitcoin is stable enough to be a base of a long term plan.

Great question! We don't fix rents for the entire rental period--even in USD. Our rents can fluctuate every month based upon external factors like seasonality, cyclicality, underlying price increases. We will state the rental prices in Stayabit but those prices will fluctuate in real time. We require that our customers pay in advance for their stays, so we will take payment in their preferred currency (either fiat or Stayabit) and immediately convert to the local currency in order to pay our costs.

We are exposed to currency fluctuations when we hold a currency that we cannot use to pay for our cost of goods sold. Our landlords are not exposed to those currency fluctuations.