Documentation
  • 🏨Innovating to Web 2.5: StaynEarn Revolutionizes Short-Term Rentals
  • 🏠Product Description
  • 🪙Tokenomics
  • 📈Market Surveys
  • 📅Roadmap
  • 🤑Compete for a $3,000 Prize Pool in the REV Holders Event!
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  • Overview
  • The Big Idea
  • Key Features
  • How It Works

Product Description

PreviousInnovating to Web 2.5: StaynEarn Revolutionizes Short-Term RentalsNextTokenomics

Last updated 4 months ago

Overview

StaynEarn is an innovative web2.5 short-stay rental platform designed to disrupt the market currently dominated by high-margin operators like Airbnb. By leveraging blockchain technology, StaynEarn aims to create a more equitable ecosystem for all stakeholders, including guests, hosts, and the platform itself.

The Big Idea

Bridging Web2 and Web3: StaynEarn simplifies the blockchain experience for onboarding mainstream users. We abstract the complexities of tokens and blockchain technology, presenting users with a familiar, intuitive interface. No prior knowledge of cryptocurrencies or tokens is required to access the platform's benefits. The blockchain operates seamlessly in the background, allowing users to focus on the value they receive.

Revolutionizing Real-World Asset (RWA) Models: StaynEarn moves beyond mere democratization of ownership. Our compliant model disintermediates high margins, focusing on utility value accrual for users. Tokenization serves a practical purpose, enhancing user benefits rather than being an end in itself. This approach allows us to offer a unique value proposition in the RWA space, combining the advantages of blockchain technology with real-world utility.

Key Features

REV Token Integration

  • REV is a virtual asset that powers the platform's reward system

  • Acts as a conduit between booking audiences and market mechanics

  • Allows for the redistribution of value to end users

Reduced Fees

  • Lower booking fees compared to traditional platforms

  • Fee structure designed to be more favorable for both guests and hosts

Host Incentives

  • Hosts can avoid fees by holding sufficient REV tokens

  • Introduces the concept of Qualified Hosting Tokens (QHT)

User-Friendly Interface

  • Designed for both crypto and non-crypto audiences

  • Simplifies the process of earning and using REV tokens

Transparent Reward System

  • Real-time pricing of REV tokens

  • Growth-aligned rewards that scale with the platform's success

Timeboxing Mechanism

  • Allows users to lock their REV tokens for additional rewards

  • Encourages long-term engagement with the platform

How It Works

Guest Bookings and Rewards

  • Guests can book stays using Fiat or REV tokens

  • For Fiat bookings, guests earn REV tokens as rewards

Host Participation

  • Hosts list their properties on the platform

  • By meeting the QHT threshold, hosts can avoid paying hosting fees

  • QHT threshold is dynamic and adjusts based on platform growth

  • Timeboxed tokens still count towards a host's QHT threshold

Platform Mechanics

  • Part of the revenue is recycled into REV from the market after each booking

  • Purchased REV is redistributed to stakeholders as rewards

  • The system creates a cycle of value that benefits all participants

REV Token Utility

  • Used to redeem bookings

  • Allows hosts to avoid fees when held in sufficient quantities

  • Acts as a reward point system with real-time market value

Timeboxing

  • Users can choose to "timebox" their REV tokens

  • Timeboxed tokens are locked

  • Users earn additional rewards for timeboxing their tokens

  • Hosts' timeboxed tokens still count towards their QHT threshold

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