A brief and pithy description brings to us a decentralized Blockchain lodging ecosystem. Blockchain and smart contracts go hand in hand and serve the safest, fast, and a proper means to book or rent properties that put up with our needs.
This will also ensure that the dependence on the centralized system now gets out of focus as there will be less consumption of commission and a sorted out terms and conditions between the owner and the guest.
Hence, a whole different level and out of the world experience is bound to be guaranteed by discarding the concept of short-term renting.
The Issues popping forward
Everything has black and white to share and so does Emphy. Well, the list counts to a lot when it comes to facing issues, it includes
- Huge commissions
- Problems with billing
- Security Issues
- Difficulties with feedbacks and ratings
- Transaction linkage
The guests face a little problem when they see the property for real as they estate owners don't have the full authority to present the entire thing at once. This results with discontent and low ratings and feedback.
The Prospects
Emphy works in both ways. Emphy started from making a decentralized ecosystem for short time lodging and stretched to implementing EmptyCoin.
EmptyCoin is basically the unit of transaction that takes place between the users and the owners. This will bring in:
- Practicality in values
- Functionality
- Demand in increase
- Stability and content for users
The unpredictability of the course of the cryptocurrency is thus triggered as a positive possibility. There is also a massive growth in Emptycoin as the tokens have released in a limited amount and the interest coming from the users are more stable and strong.
A glimpse at the process
The total amount of EPY tokens that have been released so far are 100,000,000.
Emphy's attraction grabbing qualities
It is not easy for one to pull the attention of many and Emphy does so by leaving behind a trail of benefits and positive qualities. They are as follows:
- The process of Identity verification is automatic.
- The Interface and the Platform are very powerful and impactful.
- Smart Contracts
- It is decentralized.
- Helps in providing one with virtual tours.
- The advanced and improved security measures.
- The policy of ratings and bonus.
- Fees require a low commission.
- Mobile – The significance of this plays a key role as it is one of the important things that Emphy has put forth, starting from renting and spreading till payments, everything is taken care by Mobile devices.
The profit distribution
The flexibility is made sure at every end and is taken and maintained fully. The different segments of the same include.
The 55% of the EmptyCoin that are acquired through commission is for the employee salaries, development of better prospects and solutions, planning marketing strategies, as well as taking care of the present and active solutions.
The 30% of the commission received is for users and their bonus funds that concern the Emphy platform like promotion, bonus, etc.
The stabilization fund will be openly supported by the 10% commission that is received.
The remaining 5% is to be transferred to the employees for long-term packages.
The Roadmap of Emphy explains a lot and brings out the best factors residing in Emphy along with the tiny and successful steps it is to launch further.
Why Emphy?
The primary answer to put forward is, we are humans and we beg for comfort each and every second and Emphy brings the same to us.
The entire level of renting and real estate will be taken to a completely different level with the rise of technology. Emphy is the one ideal solution for a lot of problems that currently exist in the marketplace.
The platforms that are playing a tug of war with Emphy are to be left a lot behind with the set of skilful features and capabilities Emphy has got in abundance.
With an increase in everything, technological innovations, Emphy will reach the peak point ultimately serving the aim of development of tourism to the ninth sky.
For more information:
Website : https://emphy.io/
Bitcoin ANN Thread: https://bitcointalk.org/index.php?topic=2147509
By: Etheran