“BLOCKCHAIN-AIRBNB WITHOUT INTERMEDIARIES” BEGAN TO CHARGE A COMMISSION FROM USERS AFTER THE ICO

The company, which promised to give the world a “decentralized Airbnb” began to take a Commission from individual customers, “to survive in a highly competitive environment.”

The trend towards decentralization of the business model can radically change the services familiar to consumers. For example, now booking apartments while traveling is often done through Airbnb. However, Airbnb is an intermediary company, which takes about 3% from the owner and another 6-10% from the traveler, which brought her $ 2.6 billion in income last year.

Decentralized applications can ideally allow you to do in that way without intermediaries, property owners will be able to get more, and travelers – to save. An example of such a decentralized offer promised to be Bee Token.

The company raised $ 4.5 million during the ICO last February as an alternative to Airbnb, promising significant savings to both owners and travelers. The whitepaper team promised that there would be no commissions, hoping to become a new, improved Airbnb. The market capitalization of the token reached 11 million in April, but now it is less than $500,000.