Re: [ANN][ICO] « Blockchain Hotels » First Chain Of Hotels Based On Blockchain [HOT]
I think decentralization should be in regulating it. For now all power of managing everything is concentrated in one hands - yours. But you are positioning yourself as a project for Digital Nomads. So let them to manage prices, marketing, personnel ratings and, maybe, even design and interiors by voting for example.
In other case what is the difference from well-known applications and webs?
In other case what is the difference from well-known applications and webs?
We had previously misunderstood. Of course you are right, there will be full decentralization and the reception / employees will be more helpers if someone does not know something or needs something. So, no worries, all data and capabilities will be in your personal hands. Verification if someone has a room or will not probably take place on standard rules known from cryptocurrencies - their own digital keys. Soon there will be brainstorms on this subject, I will send more information. I'm sorry for the unintentional misrepresentation.
You are claiming:
How would you get 18-25% profit? Do you have business model?
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Currently Blockchain Hotels plans to share profits with a split of 60/40 with contributors, and aims tcreate 18-25 % return of contributing for the contributors which is a fantastic result by real estate contributing standards.
How would you get 18-25% profit? Do you have business model?
Room certificates give you the right to participate in the profit of that room. If you bought 1 room certificate = 1 week. then we share with you the profit of that week. Return on contributing will be 18-25%. But the amount of room certificates is limited because the hotel has a limited amount of rooms which means that room certificates are available only for the first contributing. Then you have the customer case. The Customer pays the normal price when he or she is coming to the hotel. $30 -$50. They have no clue about some room certificates. They are just guests. When the guest is coming to the hotels he needs to pay for room in Hotel Coin for everything. Food, jetskis, scooters and his room. For the guest experience is seamless. Investors will get a share from the profit that have been generated. Hotel Coins. So lets imagine there is known amount limited of Hotel Coins.
As a one of benefits of using blockchain you are talking about
But fees are not basing on currency that you are using for sales. They are based on cost of service
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Much lower fees due to the use of cryptocurrency
But fees are not basing on currency that you are using for sales. They are based on cost of service
Fees concern service services in the hotel. Services for which physical persons need, for example cleaning, etc. for obvious reasons, blockchain will not reduce costs.
Savings are primarily about the guest management system. Registration of hotel guests will be based on smart contracts, which will eliminate some human costs and automate booking processes.
Costs for using co-packing facilities will also decrease, because in a smart contract you can settle in second mode instead of paying for the entire day in advance, for example.
Also, you have shown registration docs, but what about agreements in countries where you want to create your hotels? What about USA legislation and other countries?
Team members met with government officials in San Francisco, the Bahamas, Hawaii, even one of them is now in Puerto Rico and doing meetings.
In terms of buildings, we have partners who provide technology and put container constructions in many countries. When it comes to fastening all of this (especially the legal topics profit sharing and the room certificate are hundreds of thousands of dollars). We know what to do, but we need a budget for it.
We had an experienced hotel industry representative on board, but he died recently. We are looking for someone to take his place.
Some things are not yet on paper in the form of contracts / regulations etc. because it requires funds. We have costs, we know how much it will cost and we have it in the budget that needs to be collected
In one sentence ... we know what to do, we also have selected companies and partners, but the stage of implementation of some legal topics must wait for its turn and budget.