INTRODUCTION
Have you been in the situation that you become a host by chance simply because you move to a larger place or trade another one? At that time, you always have to know thoroughly the financial matters that you could go through. Let us show you a project that you can take your mind off those problems.
Like a fact, the truth is an incredibly crucial point in the process of renting transaction between the landlords and tenants. Understanding ultimately this matter, Abab.io has considered a decentralized marketplace with a big mission that builds a faith between those two groups. We are collecting and analyzing all information regarding a single guest and host database, the relationship between them and the renting advertisement of landlords,… then, those data are applied to the block chain. Thanks to that, a complete booking and agreement system is operated by our team. The partners also get involved in this process as third party service and interface developers for hosts and renters.
To develop projects which take advantage of Abab.io technology, an important factor to build up a product for partners, we use a decentralized autonomous organization called ABAB.DAO.
There are some striking variations compared to conventional solutions like Airbnb are:
An obvious agreement between the owner and renter is applied and used as a guide for all actions along the way.
Using the hosts' database of the partners are permitted if they can bring their guest the best offers which fulfill their expectation of support service, language, currency, site, mobile application,…
It is easy to get access to the host database because you can’t make any request permission from Abab.io. Especially, there aren’t any anxieties about whether the dictatorship of the regulations is changed or not as well as no more concern over the burden of judicial interactions with a large number of counterparties.
We can get rid of the risk incurring from flatform by using DAO and curb some accidents when working with partners by smart contracts. By doing that, two main risks including the platform and the counterpart in the traditional alternatives are removed or reduce the impact on parties.
ABAB TOKEN DISTRIBUTION
Normally, people have to pay an average rental fee roughly 9 – 35% for the placeholders. All users have applied a similar term of use when they join in the system, therefore, they can’t reject the idea using insurance or phone support. They also can’t turn a reservation system to another one due to the fact that other users joining marketplace don’t access the database as well as the system.
Small players’ problems
A newbie joining a rental market often choose one in two options to follow up and earn commissions. Having said that, there are also some difficulties in applying those options. The first option needs capital investments while much time and marketing costs are barriers to pursue the second one.
In contrast, some leaders in this market owning a large amount of money about guests and hosts gather in “sharing” companies. However, because of the lack of API, developers from the third party can’t make any use of these hosts & guests database. Otherwise, it means that the API one can develop a proprietary program, the terms of ownership should be set carefully and others such as the size of commission and market can be changed.
TEAM
Alexey Nebotov — Project Team Leader.
Has 5 years of working experience in the block chain and leading an important team (Including 20 analysts and developers.)
Sergey Latatuev — Project Architecture.
Has extensive experience in enterprise application architecture.
Denys Matuzenko — Project Front-end Developer.
Has more 10 years of experience in architectural, analytical, design and development of enterprise solution.
Yaroslav Lunev — Head of Communications, Director of Photography
Has over 7 years working experience in digital marketing and business management.
AbabCoin Token Distribution
AbabCoin (AAA) – ERC20 cryptocurrency token with limited emission
Blockchain: Ethereum
In the fact that, AAA unit can be divided into 100,000,000 parts.
1 AAA (ICO) = 0,10 USD
Total amount of AAA: 320,000,000 (320 million)AAA
Amount of AAA reserved for:
ICO and pre-ICO – 30% (300,000,000)AAA
Team – 15% (15,000,000) AAA
Bounty – 0,5% (5,000,000) AAA
ICO and pre-ICO details
Amount of tokens AAA for ICO: 290,000,000 AAA
Conversion of preICO tokens to AAA: 10,000,000 AAA
Amount of tokens ABAB sold and information about Discount:
0 – 10’000’000 AAA (preICO) - 50% sale off
2’000’000 – 75’000’000 AAA - 15% sale off
75’000’000 – 150’000’000 AAA - 10% sale off
150’000’000 – 225’000’000 AAA - 5% sale off
225’000’000 – 300’000’000 AAA - 0% sale off
About ABAB ICO in Vietnamese: http://www.nguyenthanhnhan.net/2017/07/abab-blockchain-thay-doi-toan-bo-thi-truong-cho-thue-bat-dong-san.html
For more official information: http://abab.io
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2004423
Whitepaper: http://abab.io/wp.pdf
RosyBaker
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=998022