Crowdvilla ICO Review
|ICO start:||0000-00-00 00:00:00|
|ICO end:||0000-00-00 00:00:00|
|Price:||1 CRV = 0.00025 ETH|
|Hardcap:||50 000 ETH|
|Softcap:||10 000 ETH|
Crowdvilla is a social use case on the blockchain. It is set up as a Non Profit Organisation based in Singapore.
It aims to create a community estate of holiday properties, for which the community (token holders) can very flexibly true-share the properties forever.
That's said it also has real world commercial value. REIDAO is the technology sponsor to Crowdvilla and other future decentralised true-sharing projects.
Illustration: Suppose you and They are trusted friends, we can buy a villa together in Ibiza, and agree that each of us will have 6 months of use every year. When we are using these 6 months we do NOT pay any rent. Through the blockchain we scale this up to thousands of people (removing the trust needed in the set up) and to thousands of properties globally. Creating a TRUE sharing economy model in which the properties are indirectly owned by the token holders (community).
Crowdvilla aims to provide true sharing of its global portfolio of hotels and holiday properties on the blockchain. Based on the concept of the common good, Crowdvilla’s community pool their resources to acquire properties together for their shared use.
The portfolio would ideally occupy the casual luxury segment that has broad appeal to internationally mobile businesses and holiday travellers.
Crowdvilla will operate as a non-profit organisation (NPO) which combines blockchain technology and real estate tokenization to provide attractive key features to its community and users.
Crowdvilla is a member of the accommodation segment of the travel and tourism industry (T&T), which is a behemoth of the global economy. According to the World Travel & Tourism Council2 (WTTC), the T&T sector had a global GDP impact of US$7.6 trillion in 2016, of which about one-third (US$2.3 trillion) was its direct contribution. The World Bank3 data shows that international tourism receipts have already increased by around 30% from US$1.1 trillion in 2010 to US$1.4 trillion in 2015.
|“||July 2016: Real estate tokenization project announced (REIDAO)
July 2017: Expansion to Crowdvilla, tokenizing shared holiday homes
October 2017: Crowdvilla structure validation (legal)
March 2018: Crowdvilla (CRV) token sale
June 2018: Start property acquisitions
September 2018: Establish jurisdictional operation structure
January 2019: Crowdvilla apartment booking beta launch
|TAN Wee Liang||https://www.linkedin.com/in/wee-liang-tan-prof-936637/||Advisors||3.6|
|John Dean Markunas||https://www.linkedin.com/in/johndeanmarkunasbrazil/||Advisors||3.6|
|NEO Kok Beng||Co-Founder||https://www.linkedin.com/in/kok-beng-neo-6531b214||Team||3.6|
|Darvin Kurniawan||CEO & Co-founder||https://sg.linkedin.com/in/darvink||Team||5.6|
|David Chandra||COO & Co-Founder||https://sg.linkedin.com/in/thedavidchandra||Team||3.6|
|Hendrik Tanjaya Tan||CTO & Co-Founder||https://sg.linkedin.com/in/htant||Team||3.6|
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