Luca De Giglio, founder of Trips Community talks about why the Community chose Origin Protocol to develop Trips. Trips Community was one of the first projects to contact Origin back in 2017 and is one of the most active communities. ====== Trips Community is building a peer to peer booking platform for vacation rentals on the Ethereum blockchain with 100% open source software. We want to make it easy to book a place for a few days or even months with zero friction. Transaction fees will be minimal and all participants in the community will be rewarded when value is created. https://tripscommunity.com/ ... https://www.youtube.com/watch?v=oEpHimSi9A0

A good analogy for smart contracts are seeds: they are not governed by a central authority but come pre-programmed with a set of specific rules. https://tripscommunity.com/en/ ====== Trips Community is building a peer to peer booking platform for vacation rentals on the Ethereum blockchain with 100% open source software. We want to make it easy to book a place for a few days or even months with zero friction. Transaction fees will be minimal and all participants in the community will be rewarded when value is created. ... https://www.youtube.com/watch?v=zKEVsV20AiU

We are charging a 5% commission. If possible we will charge less, if not, more. But we will always optimize for as little value extraction as possible. Share your thoughts! =========== The White Paper: https://tripscommunity.com/en/white-paper Comment on Google Docs: https://tinyurl.com/tripswhitepaper Comment in Linkedin: https://www.linkedin.com/company/tripscommunity/ ===== From The White Paper: Platforms extract a lot of money from the system. We think it’s way too much for what they provide, and the huge share they spend for marketing proves that only a fraction is actually needed to run their operations. We can give back a lot of this money to the market, i.e., to Hosts (more earnings), and Guests (less expenses). Trips will take 5% commission on each transaction. This difference may seem small, but when we look at the "EBITDA" (earnings before interest, taxes, depreciation and amortization) it is clear how important lower fees are. We will call them Earnings from now on in this document, for sake of simplicity, even if it is not the most appropriate legal term. For a Host collecting 1000 USD in a month, and managing to withhold 200 USD after all the expenses (such as commissions, bills, check-in, cleaning, maintenance and so on), a commission dropping from 15 to 5% means the Earnings grow significantly . It is very difficult to define an average Earning because there are different markets and types of accommodation: there are people making 5%, and people making 50% earnings. What happens when the earnings are only 10% and the commission is significantly lowered? Basically they would double. To simplify: being able to add only 10% to earnings has a huge impact on profitability. This concept is very clear and present to Property Managers who are more advanced in accounting. But it is also becoming clearer even among private Hosts who tend to be less attentive to the statistical financial aspects (but are evolving). Trips 5% fees will be used for platform management and marketing. There are no dividends. This aspect differentiates us from other blockchain projects, which all tend to be 0% commissions and rely on tokenization for the redistribution of profits in the network and the financing of operations. We clearly see the advantages of tokenization, but we believe the sustainability of the model in the long term is a must, and therefore opt for the fee-based maintenance. The platform must be able to provide support to the operations and substantial budgets for marketing on an ongoing basis beyond the success of the token itself. ... https://www.youtube.com/watch?v=Zb4jHFU7q9A

Do you own your reviews? The idea to back up reviews on the blockchain come from Dror Sofer, Chief Revenue Officer at MazeBolt Technologies whom I met in Tel Aviv and wanted to meet me after giving a presentation. If anything comes out of it, you'll know who to thank! https://www.linkedin.com/in/dror-sofer-0787a8/ https://tripscommunity.com/en/ ====== Trips Community is building a peer to peer booking platform for vacation rentals on the Ethereum blockchain with 100% open source software. We want to make it easy to book a place for a few days or even months with zero friction. Transaction fees will be minimal and all participants in the community will be rewarded when value is created. ... https://www.youtube.com/watch?v=dkOx6_igoJE