Bestay (BSY) is a decentralized home-sharing platform. We are creating an ecosystem that guides IoT for a sharing economy. Our focus in the first phase will be on hotels and apartments for short-term rental, we are also dealing with peer-to-peer asset management.The platform takes advantage of advanced technologies from distributed and decentralized computing, blockchain, IoT and information and data system security. Providing an effective and automated solution in which hosts provide values and customers will be able to exchange values directly, efficiently and seamlessly. Therefore, Bestay can provide products of the same quality but at a lower price, while still controlling strict requirements: know your product (KYP) and know yours customers (KYC) before being accepted into Bestay system platform.
BE-BOOKING is a community-owned and governed platform for the home-sharing economy. Think of it as Airbnb with lower fees, built to benefit hosts and guests instead of a corporation that prioritizes shareholder interests above those of its community.
BSY is the native token of BESTAY. It is easily exchangeable with cryptocurrencies like Bitcoin and Ethereum, as well as traditional currencies like USD on third-party exchanges. In the Bestay ecosystem, BSY tokens offer powerful benefits with built-in rewards. As part of BESTAY’s DAO infrastructure, BSY represents a stake in the network. All hosts receive BSY for using the Bestay platform. By staking BSY on the Bestay platform, hosts can enjoy BSY token bonuses on top of each booking payout, a greater referral reward for referring hosts or guests, and an enhanced reputation score. Most importantly, staking BSY enables hosts to participate in DAO governance votes to have their say in how the platform is run.
Bestay has a wide range of contributors, including those experienced in blockchain, travel, share-economy platforms, and decentralized finance. Some contributors have previously worked at Airbnb, Expedia, Booking.com, and other major technology companies.
The Bestay VIP non-fungible tokens (NFTs) are digital membership cards which grant access to exclusive benefits including discounts and unique experiences. Only 450 Founders Edition Memberships are available. Monthly prize drops include private jets, private islands, luxury getaways, exclusive travel experiences, and other perks.
For more information on the Bestay, please see the dedicated document.