The ICO project in one paragraph: Crypto BnB is the first vacation rental platform that uses blockchain to establish direct P2P smart contracts while capturing trust ratings of its users. All of this will be done with 0% commission that promises to enhance ROI of hosts and experience of tenants.
What makes CryptoBnB different: Here are the reasons I believe CryptoBnB is different:
- Their system is totally decentralized and they don’t have semi decentralized payments or escrows. Hence the 0% commission is real;
- Hosts and service providers are part of the ICO and have long term retainer incentive plans;
- They have a patent pending named CryptoDnA™ . This technology addresses the issue of huge micro transactions that can’t be captured live on the block. Hence they rely on IPFS and cryptographic images to capture that;
- They are backed up by advisors coming from Booking.com and Amazon, which helps them build on their vast experience.
Token utility: CBnB will be an utility token with multiple functionalities in providing proof of stake, voting and reward system based on number of transactions.
Actual partnerships or strategic relationships with other companies or organizations: I could find information about several small partnerships so far with Oceanico.io, 0chain.net, so nothing major until the press time.
Raised funds usage after pre-sale finishes: 35% platform and protocol development; 40% fund for marketing to attract users to the platform; 25% is split between legal and setup fees.
Token sale schedule: The ICO will start on the 14th of Feb and will extend for 6 weeks.
As a conclusion, here are TokenCouncil's ratings:
Project idea: 9/10
Token utility: 8/10
Partnerships/real world usage: 6/10
Overall media buzz: 7/10
Communication channels and openness: 9/10