Rent your next apartment with cryptocurrency

rent apartment

Stayawhile, a New York-based company building a global network of furnished apartment rentals for medium-term lengths of stay, will become the first real estate platform to utilize blockchain-based utility tokens as a store of value and security measure. The company announced the launch of Stayabit, an ERC-20 Ethereum token, which will be sold in a crowdsale beginning on October 30.

“Stayawhile’s mission is to create a world with fewer borders. Our Stayabit token will help to eliminate many of the obstacles our international clientele often encounter when attempting to rent apartments in markets where they do not own assets,” said Janine Yorio, the company’s Founder and CEO.

By integrating blockchain technology into its platform, Stayawhile will help facilitate seamless cross-border payments and security deposits, assess creditworthiness of individuals who may not have a U.S. credit score, and be able to offer booking priority and discounts.

Stayabit (STAY) tokens will be sold starting at a price of $1 per STAY token during the sale, which will run from October 30 through November 30. Pricing discounts will be available to early buyers and there will be additional bonuses for large purchases. A private pre-sale will begin on October 15, during which time tokens will be offered at discounted rates of up to 40%.

Stayawhile is a global network of furnished, branded, designer apartments. The company currently operates apartments in New York City, Boston, and Philadelphia, with plans to expand to Miami, San Francisco, Los Angeles, London, Paris and Berlin in the near future. The apartments are joined by both aesthetic and technology, which makes moving between them seamless and hassle-free. Stayawhile is based in New York City and led by an experienced management team with a depth of experience in real estate, hospitality and technology development.

Discover more on this website

Half of Hong Kong adults belong to the “Sand... Personal relationships are under financial strain, while housing and living arrangements are of major concern to Hong Kong people according to the 2017 Prudential Relationship Index, recently announced by Prudential Hong Kong Limited. The findings highlight a need for more fu...
6 smart steps to prepare your house well for a sal... Our house is the one thing that keeps us rooted and keeps the family connected which is why everyone holds their home dear to them but if you have finally decided to sell your house and move on then this in itself is quite gutsy for you, especially emotionally. Now after the ...
Moving to a new home After your quest for a new home is over, you might think that it is time to kick back and relax as all you have to do now is move, right? Wrong. Actually packing and moving your different stuff can be the most overwhelming part of finding a new home. You need to make sure tha...
Home Tour: Endless Greenery – A modern urban... Eclectic, modern, pet-friendly, airy, plant-obsessed… All of those descriptors describe Libby + Cary’s home in Atlanta, Georgia; but our most favorite description of all: modern meets urban jungle loft. Yup! Brimming with greenery, a plethora of paintings and artistic creatio...
Share This Post On

Pin It on Pinterest

Share This