Topic: [ANN][ICO] « Blockchain Hotels » First Chain Of Hotels Based On Blockchain [HOT] - page 2. (Read 1727 times)

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?

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:

Quote

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 let’s imagine there is known amount limited of Hotel Coins.

As a one of benefits of using blockchain you are talking about

Quote

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.

Redni

sr. member

Activity: 370

Merit: 255

Quote from: ?? on ??

Hey guys, good luck with Blockchain Hotels

We invite you submit your ICO to CryptoNext’s ICO List (for FREE!)

http://cryptonext.com/submit-ico

We provide objective reviews and analysis on selected ICOs for our 200K unique monthly visitors - so please provide as much information as possible in order to get the highest possible rating.

______________________
How do we rate your ICO? Our final rating is comprised of 3 separate scores for the product itself, the team and the hype. We consider different aspects such as business model, product development, competition, investment, community feedback and coverage

Thank you very much! Cheesy

SShikakAA

newbie

Activity: 112

Merit: 0

Hi all! I've just found SWOT analysis of this project. Doest it seem realistic, how do you think?
https://swot.digrate.com/report/dff08f25-7aa1-423f-a3d4-dfba751e65cc

Redni

sr. member

Activity: 370

Merit: 255

If someone has not seen yet

Blockchain Hotels update 31.03.2018
https://www.youtube.com/watch?v=S-zweCRodpM

igrgrant

newbie

Activity: 70

Merit: 0

thank you for your work, wish you to bear a good fruit!!

srkbacha1992

newbie

Activity: 9

Merit: 0

interesting project

Redni

sr. member

Activity: 370

Merit: 255

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?

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:

Quote

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 let’s imagine there is known amount limited of Hotel Coins.

As a one of benefits of using blockchain you are talking about

Quote

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.

Quote from: Redni on March 30, 2018, 07:02:59 AM

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.

pl_ro

newbie

Activity: 14

Merit: 0

Quote from: pl_ro on March 30, 2018, 06:05:35 AM

Quote from: Redni on March 30, 2018, 05:55:53 AM

@pl_ro above I wrote the answer to your question, you may have not noticed it because it was the same formatting I have already corrected. Below is the answer for the second time. Say what is still unclear.

Quote from: btcmegastar on March 30, 2018, 05:31:59 AM

I too agree! you have intention in the background and for that, you need a lot of team from different parts of the world. Whether you want to expand the different parts the world or it is restricted to one country?

We are building a global network of hotels across the world’s most beautiful and exciting destinations. The first will appear in Puerto Rico.

Thank you. But decentralization in booking doesn't mean decentralization in whole project. There are a lot of applications for booking (the Booking(dot)com by themselves are the great example). So there is no advantages in using blockchain.

What is legal backend of the project?

What else do you think should be decentralized? After all, booking and exchanging goods is actually the core of every hotel and here they are decentralized.

We have a registered company on Gibraltar. Additionally part of the income from ICO will be used to secure legal subjects.

Proof of registration:
https://www.blockchainhotels24.com/wp-content/uploads/2018/03/COI-Innovation-Hotel-Chain-Ltd.pdf

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?

You are claiming:

Quote

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?

As a one of benefits of using blockchain you are talking about

Quote

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

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?

Redni

sr. member

Activity: 370

Merit: 255

Quote from: pl_ro on March 30, 2018, 06:05:35 AM

Quote from: Redni on March 30, 2018, 05:55:53 AM

@pl_ro above I wrote the answer to your question, you may have not noticed it because it was the same formatting I have already corrected. Below is the answer for the second time. Say what is still unclear.

Quote from: btcmegastar on March 30, 2018, 05:31:59 AM

I too agree! you have intention in the background and for that, you need a lot of team from different parts of the world. Whether you want to expand the different parts the world or it is restricted to one country?

We are building a global network of hotels across the world’s most beautiful and exciting destinations. The first will appear in Puerto Rico.

Thank you. But decentralization in booking doesn't mean decentralization in whole project. There are a lot of applications for booking (the Booking(dot)com by themselves are the great example). So there is no advantages in using blockchain.

What is legal backend of the project?

What else do you think should be decentralized? After all, booking and exchanging goods is actually the core of every hotel and here they are decentralized.

We have a registered company on Gibraltar. Additionally part of the income from ICO will be used to secure legal subjects.

Proof of registration:
https://www.blockchainhotels24.com/wp-content/uploads/2018/03/COI-Innovation-Hotel-Chain-Ltd.pdf

pl_ro

newbie

Activity: 14

Merit: 0

Quote from: Redni on March 30, 2018, 05:55:53 AM

@pl_ro above I wrote the answer to your question, you may have not noticed it because it was the same formatting I have already corrected. Below is the answer for the second time. Say what is still unclear.

Quote from: btcmegastar on March 30, 2018, 05:31:59 AM

I too agree! you have intention in the background and for that, you need a lot of team from different parts of the world. Whether you want to expand the different parts the world or it is restricted to one country?

We are building a global network of hotels across the world’s most beautiful and exciting destinations. The first will appear in Puerto Rico.

Thank you. But decentralization in booking doesn't mean decentralization in whole project. There are a lot of applications for booking (the Booking(dot)com by themselves are the great example). So there is no advantages in using blockchain.

What is legal backend of the project?

Redni

sr. member

Activity: 370

Merit: 255

@pl_ro above I wrote the answer to your question, you may have not noticed it because it was the same formatting I have already corrected. Below is the answer for the second time. Say what is still unclear.

Quote from: btcmegastar on March 30, 2018, 05:31:59 AM

I too agree! you have intention in the background and for that, you need a lot of team from different parts of the world. Whether you want to expand the different parts the world or it is restricted to one country?

We are building a global network of hotels across the world’s most beautiful and exciting destinations. The first will appear in Puerto Rico.

pl_ro

newbie

Activity: 14

Merit: 0

Quote from: Redni on March 30, 2018, 05:19:28 AM

Hey, thanks for your comment.

Quote from: pl_ro on March 30, 2018, 04:10:59 AM

Quote from: Redni on March 30, 2018, 05:19:28 AM

Erm... I didn't get the main idea. Are you providing the standard accommodation services, but accept payments in crypto?
And I can't understand why have you chosen blockchain? Or it's just for collecting investments?

We used blockchain to create our own internal economic, because in our hotels main currency which we will use will be Hotel Coins. When this is connected to chain growth it can create demand and strong coin. We are building a hybride - connecting real and physic world with virtual technology (you will see info in whitepaper about tokens and room certificate). Because of that we can secure value in real estate and reach people who aren't in crypto space and who would like to be a part of this project. We have different approach than other projects, we are more than app. We believe that blockchain is a future and have application in many cases.

Look above, two posts over yours I wrote why blockchain

So, in general, it's CRM system for managing hotels. But if you are talking about:

Quote

Every Blockchain Hotel will be connected to a decentralized data platform that will allow us to manage important economic parameters, from bookings to revenue.

It isn't decentrilzed)) Because all power will be in your hands, but not in hands of "Digital Nomads".

Our Paradise Hotels will be self-sufficient (own energy) so we will be independent. In case decentralization... our aplication to booking a night and exchange from different currencies to HCI will be decentralized.

From this I can make a conclusion, that you want to create the network of hotels, for people who have digital assets, and make money on them just covering all of this with some kind of blockchain implementation

You are welcome. But can you correct me or explain?
I think it's really good idea, but you have to tune it

btcmegastar

member

Activity: 700

Merit: 12

Hey, thanks for your comment.

Quote from: pl_ro on March 30, 2018, 04:10:59 AM

Quote from: pl_ro on March 30, 2018, 04:10:59 AM

Erm... I didn't get the main idea. Are you providing the standard accommodation services, but accept payments in crypto?
And I can't understand why have you chosen blockchain? Or it's just for collecting investments?

We used blockchain to create our own internal economic, because in our hotels main currency which we will use will be Hotel Coins. When this is connected to chain growth it can create demand and strong coin. We are building a hybride - connecting real and physic world with virtual technology (you will see info in whitepaper about tokens and room certificate). Because of that we can secure value in real estate and reach people who aren't in crypto space and who would like to be a part of this project. We have different approach than other projects, we are more than app. We believe that blockchain is a future and have application in many cases.

Look above, two posts over yours I wrote why blockchain

So, in general, it's CRM system for managing hotels. But if you are talking about:

Quote

Every Blockchain Hotel will be connected to a decentralized data platform that will allow us to manage important economic parameters, from bookings to revenue.

It isn't decentrilzed)) Because all power will be in your hands, but not in hands of "Digital Nomads".

Our Paradise Hotels will be self-sufficient (own energy) so we will be independent. In case decentralization... our aplication to booking a night and exchange from different currencies to HCI will be decentralized.

From this I can make a conclusion, that you want to create the network of hotels, for people who have digital assets, and make money on them just covering all of this with some kind of blockchain implementation

I too agree! you have intention in the background and for that, you need a lot of team from different parts of the world. Whether you want to expand the different parts the world or it is restricted to one country?

Redni

sr. member

Activity: 370

Merit: 255

Hey, thanks for your comment.

Erm... I didn't get the main idea. Are you providing the standard accommodation services, but accept payments in crypto?
And I can't understand why have you chosen blockchain? Or it's just for collecting investments?

We used blockchain to create our own internal economic, because in our hotels main currency which we will use will be Hotel Coins. When this is connected to chain growth it can create demand and strong coin. We are building a hybride - connecting real and physic world with virtual technology (you will see info in whitepaper about tokens and room certificate). Because of that we can secure value in real estate and reach people who aren't in crypto space and who would like to be a part of this project. We have different approach than other projects, we are more than app. We believe that blockchain is a future and have application in many cases.

Look above, two posts over yours I wrote why blockchain

So, in general, it's CRM system for managing hotels. But if you are talking about:

Quote

Every Blockchain Hotel will be connected to a decentralized data platform that will allow us to manage important economic parameters, from bookings to revenue.

It isn't decentrilzed)) Because all power will be in your hands, but not in hands of "Digital Nomads".

Our Paradise Hotels will be self-sufficient (own energy) so we will be independent. In case decentralization... our aplication to booking a night and exchange from different currencies to HCI will be decentralized.

pl_ro

newbie

Activity: 14

Merit: 0