EMPHY – Decentralized Blockchain Lodging Ecosystem
Emphy is a decentralized blockchain lodging ecosystem. Blockchain innovation alongside brilliant contracts give a more secure, quicker and more reasonable approach to lease properties for get-aways. Emphy will make it conceivable to take care of and rearrange the issues confronting most visitors and hosts. Emphy is an approach to encounter a superior trek, find new goals, and meet new individuals. Emphy gives a creative approach, transparency, comfort and convenience. This stage will upgrade the innovation and the way toward procuring here and now higher than ever of advancement.
Emphy is particularly in accordance with the desires of the youthful age of Y age: more enterprise, fascinating encounters, less customs and known courses. In the cutting edge world, most explorers pick the possibility of ”luggage” and full movement adaptability without loading themselves with impediments. Owning a cell phone and access to the Internet, the voyager and the land proprietor will dependably have the capacity to arrange and close a keen rent contract, and also make installment exchanges among themselves. It’s simple, straightforward and dependable for the two gatherings. The utilization of digital money in exchanges alongside conventional installment strategies essentially grows the potential outcomes for the two gatherings.
Special things from EMPY:
- Low commissions
- User Bonus
- Virtual trip
- Acknowledgment ID
- Strength of platform
- Better security
1. COM SECRETARY COMMISSIONS – Without any intermediaries in the process of hiring so it will be able to provide better and more innovative services, and reduce commissions 2-3 times at the same time.
2. INCENTIVE RISK AND BONUS INCENTIVES – Bonus systems received by guests and hosts for performing certain actions within the system: identification process, detailed description of the house, adding photos, writing reviews, etc. For each feedback, both the guest and the owner will also collect EmphyCoins, which they can use for their onward journey. The size of the bonus is determined by both ratings given by the opponent as a review, and by the number of days and nights rented. Users will be able to receive up to 30% of paid commissions in the form of bonuses.
3. INCREASE SECURITY ACTIONS – When a guest enters, the carrier gives the guest a key and uses the application on his phone to scan the QR code from the guest’s phone screen. . Thus, the owner gets confirmation that the person who made the order is in front of him. Additionally, this action is registered on the system as a check-in. After that, the rental fee for the first day of placement is moved from the temporary deposit wallet to the host wallet, and then the transfer is made daily for the day ahead. Upon arrival of the guest from the apartment and return the owner’s key, it is possible to repeat this process, confirm check-out to the system.
4. VERIFICATION OF AUTOMATIC IDENTITY – Automatic ID confirmation system with face recognition technology. To confirm their identity, people need to take their faces and documents that prove their identity.
5. CREATING VIRTUAL TOURS – The Emphy platform will give you the function to create colorful and interesting images. Photo panoramas 180 and 360 degrees, will allow you to fully immerse yourself in the atmosphere where the tourists plan to stop. To do this, simply to have a smartphone with a camera and just follow the prompts to get a better end result. This solution allows to minimize the situation, where a guest will vacation in a rented apartment, can only recognize it with multiple fragments and angles. These new opportunities not only contribute to better visibility and a more complete leased property picture, but also, as a result, improve the relationship and understanding between owners and guests. The owners, adding panoramic photos, thus proving their transparency and the fact that they are not trying to hide any defects in the room from guests, show only the most interesting circumstances in the place.
Emphy Operation Principles
Guests and real estate owners meet in the Emphy ecosystem. Guests transfer the full amount of the lease in EmphyCoin to the temporary wallet. The parties conclude a smart contract for short-term lease (regarding Ethereal) with admission and confirmation in block.
The emphy ecosystem receives 4% of the total intelligent contracts as commissions. 30% paid commissions are returned in the form of bonuses to guests and property owners. So, the actual commission is 2.8%. Real estate owners receive lease transactions in EmphyCoin from a temporary wallet (every day for the next day).
Real estate owners can redeem EmphyCoin for BTC, ETH and fiat money (USD, EUR, JPY and CNY). EmphyCoin is available in a limited edition of 100,000,000 EPY. As the number of rental contracts increases, stable demand for EmphyCoin among guests increases, so the price of coins begins to grow actively. Growth and value are guaranteed by the unique opportunities that the Emphy ecosystem provides to all its users.
March 2017 – Beginning of Emphy platform creation. The development and ecosystem of the study model, the conceptual ecosystem, and its technical features.
June 2017 -In view of the first Whitepaper version, consulted with realtor company, as well as open discussion of early ideas in a narrow circle specialist.
October 2017 – ICO Emphy begins
June 2018 – Release beta version of the platform and testing. Platform revisions based on test results and test group analyzes.
August 2018 – The launch of the platform in general and into the market. End-user involvement and work to increase the number of offers in the database.
November 2018 – Active platform expansion and promotion in markets, marketing campaigns, presentations, presentations in forums and publications
Token Distribution And Sales
EMPHY pre-ICO: September 10, 2017 – September 16, 2017 (7 days).
EMPHY ICO: October 7, 2017 – November 6, 2017 (30 days).
EmphyCoin (EPY) – Token ERC20 with limited release
Each EmphyCoin can be divided by 100,000,000 pieces.
1 EPY (ICO) = $ 0.10
Total EPY: 100,000,000 (100 million).
Hardcap $ 7,260,000
Accepted form of payment: BTC & ETH
Distribution of EPY tokens
Crowdsale- 80.0% (80,000,000): 2% for PRESALE and 78% for ICO
Marketing reserve to promote the platform – 5.0% (5,000,000)
Emphy Team – 13.0% (13,000,000)
Bounty – 2.0% (2,000,000)
Emphy’s economic model is based on the constant circulation of EmphyCoin in the system, as well as stable crypto demand from the user side. The received commission, first of all, should bear the company’s operational costs, ensure development and stimulate active expansion in the market.
For buyers and holders of EmphyCoin, economic benefits are shaped by token price growth, which has real application value, and is a currency unit in the ecosystem. The token price growth will occur mainly because the number of ecosystem users increases. The availability of a limited token will help to support crypto currency rates. Travelers and travelers will always need our tokens to pay rent, these people will be the driving force that has a constant demand for EmphyCoin.
To know the latest information about Emphy project you can visit the link below:
Website : https://emphy.io/
Whitepaper : https://emphy.io/wp-content/uploads/2017/09/Emphy_Whitepaper_eng_v1_0.pdf
Forum : bitcointalk.org/index.php?topic=2147509
Facebook : www.facebook.com/emphy.io
Twitter : twitter.com/EmphyOfficial
Slack : emphyofficial.slack.com/
ETH : 0xF4919c366c3ad386f0A5Abe322d6cDe0238CeB28