Benefits

Company
Centralized
  • Keeps profit

    Home-sharing companies, due to their business model, are unable to reward or offer discounts to their dedicated users. Hard-working hosts or frequent-traveling guests who have contributed to building the company from the ground up, are yet to receive a single gift or bonus for their input.

  • No community

    The original vision of the home-sharing industry was to help the guest feel like a local by integrating him in the community he travels to. However, this idea was quickly lost, due to our current business infrastructure where users are mere numbers and home-sharing is hardly different than hotels.

  • Controls communication

    Home-sharing companies do not permit the exchange of email, social media, video or phone calls, in fear that the users will bypass the platform and book in private. As a result guests often get deceived by distrustful hosts who oversell low quality rooms or even worse, the booking never existed in the first place. Hosts on the other hand, often accept guests they dislike, resulting in an unfortunate experience for both parties.  

Decentralized
  • Shares profit

    PopulStay’s philosophy is that the more a user contributes to the ecosystem, the less they should be paying as they become a key player within the community. Half of the profits are shared with our users in the form of global bounties, discounts or bonuses. A ranking mechanism is established where each member’s score is increased by: reviewing and verifying listings, travelling frequently, hosting several guests and more. The higher the score, the higher the acquired benefits.

  • Collaborative community

    We are creating an environment, where no matter which city you travel to, as long as there is a PopulStayer nearby, you have a friend. We are reviving the sense of community within the industry by incentivizing our users to create strong relationships between them, through: transparency, a mission greater than ourselves and, global bounty rewards (total listings, total users, milestones and more).

  • Encourages communication

    We at PopulStay allow and encourage full-on communication between guest and host as we want you to meet each other and feel at ease about the upcoming booking. Host may use his phone’s camera to show the premises while guests can speak about themselves to build trust and reassure the host of the respect they’ll show the accommodation.

Host
  • High maintenance

    Running a home-sharing business can be frustrating and tedious work, from exchanging keys with your guests, to furnishing, cleaning, washing, replacing broken items and more. What happens when you want to scale? Can you imagine coordinating the day-to-day activities for several properties? No wonder most hosts are discouraged to expand, become bitter and eventually quit. One might argue that current digital lock solutions might help, however they don’t offer an all-around ecosystem, are easily hacked and inconvenient to manage.

  • Complicated check-in

    The vast majority of home-sharing hosts are using conventional locks to secure their premises, thereby coordination for check-in with the guests becomes complicated and time-consuming. This diminishes the entire experience for both parties as guests often have to wait for the host’s arrival, go through a third-party or follow special instructions to receive the door’s key. Guests’ may also potentially lose the key, which would unfortunately lead to a monetary fine.

  • Accommodation only

    The average traveler spends over 70% of a trip’s budget outside the accommodation, however there isn’t yet an all-around, cheap and, reliable platform that provides such a service. Energy and time is devoted into researching and trying out different activities that often deliver poorly, causing: frustration, making the guest feel deceived and, stealing precious relaxation time from their vacation.

  • Self-sustaining

    We understand the importance of creating and maintaining a relationship with your guests and therefore PopulStay makes it as effortless as possible for hosts to run their business. It’s the little things one does for their clients that make them memorable and more likely to receive referrals or a positive review. Our end-to-end IoT (Internet of Things) ecosystem automates several processes such as: upon check-out, generating a one time PIN code, by the smart-lock, for the cleaning company, smart-fridges, smart-WiFi, smart-cars and more. The host will be able to control the entirety of his listings from the convenience of his phone, allowing him to build a global business.

  • Instant check-in

    Our user-friendly smart locks provide a seamless check-in experience for our guests as the PIN code is automatically generated by our system and sent to the guest prior to his arrival. Hence, no waiting time for check-in is needed, no risk of losing the key and, no interaction with the host is necessary (unless desired), ensuring an overall seamless experience for our users.

  • All-around experience

    Our user-friendly smart locks provide a seamless check-in experience for our guests as the PIN code is automatically generated by our system and sent to the guest prior to his arrival. Hence, no waiting time for check-in is needed, no risk of losing the key and, no interaction with the host is necessary (unless desired), ensuring an overall seamless experience for our users.

Guest
  • 10-20% fees

    Traditional home-sharing companies are responsible for acting as the trusted middleman for guests and hosts, thereby charging a high commission for their operating costs. The fees are mainly covered by the guest and are often shown only at the end, discouraging them to book the accommodation as they feel deceived. An added credit card fee is charged by the card issuer, making the overall process unnecessarily overpriced.

  • No dispute resolution

    When facing issues with a guest, the reporting and problem solving resolution in traditional home-sharing companies is long, slow and tedious. Hosts are demoralized to find solutions by reporting incidents and repeated disputes often discourage them from staying in this industry, as the costs and effort become overbearing.

  • CompanyControlsData

    Fear of the public being surveyed by private corporations has been on the rise, making users highly concerned about how their private information is handled. Companies keep hold of our data, exposing us to the risk of it being sold or shared with third parties for advertising and other purposes. In addition, there is also a possibility that centralized databases can get hacked, releasing our confidential information to unknown and unwarranted parties, with no control over their use of it.

  • 1.5% fees

    PopulStay’s decentralized nature is created by the trust blockchain technology provides, allowing it to act as the middleman, without the need for a third-centralized-party. Therefore, operating costs and fees are significantly decreased. Various payment methods are accepted from credit cards to several cryptocurrencies, consequently minimizing guest’s expenses and enhancing user experience for all parties.

  • Community jurors resolve disputes

    Blockchain technology allows the development of community-run, transparent, and fair dispute resolution applications. PopulStay is integrating such a platform to solve cases efficiently and for every booking, a deposit by both guest and host is held in escrow as collateral. If a dispute arises, evidence has to be presented to a randomly selected and qualified group of PopulStay jurors. The trial’s mechanics incentivize jurors to act fairly and the winning party will receive the aforementioned deposit as compensation.

  • Data ownership

    The blockchain allows us to securely store data with complete privacy and security on a distributed ledger. Thereby, the user is the only one with granted access to it and can decide who views it, for how long and for what purposes. When the need arises to KYP (Know Your Property) and KYC (Know Your Customer) as a host, you will be giving access only to the relevant data and will be immediately notified if it was shared or tampered with.

Centralized
  • Keeps profit
    Company

    Home-sharing companies, due to their business model, are unable to reward or offer discounts to their dedicated users. Hard-working hosts or frequent-traveling guests who have contributed to building the company from the ground up, are yet to receive a single gift or bonus for their input.

  • No community

    The original vision of the home-sharing industry was to help the guest feel like a local by integrating him in the community he travels to. However, this idea was quickly lost, due to our current business infrastructure where users are mere numbers and home-sharing is hardly different than hotels.

  • Controls communication

    Home-sharing companies do not permit the exchange of email, social media, video or phone calls, in fear that the users will bypass the platform and book in private. As a result guests often get deceived by distrustful hosts who oversell low quality rooms or even worse, the booking never existed in the first place. Hosts on the other hand, often accept guests they dislike, resulting in an unfortunate experience for both parties.  

  • High maintenance
    Host

    Running a home-sharing business can be frustrating and tedious work, from exchanging keys with your guests, to furnishing, cleaning, washing, replacing broken items and more. What happens when you want to scale? Can you imagine coordinating the day-to-day activities for several properties? No wonder most hosts are discouraged to expand, become bitter and eventually quit. One might argue that current digital lock solutions might help, however they don’t offer an all-around ecosystem, are easily hacked and inconvenient to manage.

  • Complicated check-in

    The vast majority of home-sharing hosts are using conventional locks to secure their premises, thereby coordination for check-in with the guests becomes complicated and time-consuming. This diminishes the entire experience for both parties as guests often have to wait for the host’s arrival, go through a third-party or follow special instructions to receive the door’s key. Guests’ may also potentially lose the key, which would unfortunately lead to a monetary fine.

  • Accommodation only

    The average traveler spends over 70% of a trip’s budget outside the accommodation, however there isn’t yet an all-around, cheap and, reliable platform that provides such a service. Energy and time is devoted into researching and trying out different activities that often deliver poorly, causing: frustration, making the guest feel deceived and, stealing precious relaxation time from their vacation.

  • 10-20% fees
    Guest

    Traditional home-sharing companies are responsible for acting as the trusted middleman for guests and hosts, thereby charging a high commission for their operating costs. The fees are mainly covered by the guest and are often shown only at the end, discouraging them to book the accommodation as they feel deceived. An added credit card fee is charged by the card issuer, making the overall process unnecessarily overpriced.

  • No dispute resolution

    When facing issues with a guest, the reporting and problem solving resolution in traditional home-sharing companies is long, slow and tedious. Hosts are demoralized to find solutions by reporting incidents and repeated disputes often discourage them from staying in this industry, as the costs and effort become overbearing.

  • Company controls data

    Fear of the public being surveyed by private corporations has been on the rise, making users highly concerned about how their private information is handled. Companies keep hold of our data, exposing us to the risk of it being sold or shared with third parties for advertising and other purposes. In addition, there is also a possibility that centralized databases can get hacked, releasing our confidential information to unknown and unwarranted parties, with no control over their use of it.



Decentralized
  • Shares profit
    Company

    PopulStay’s philosophy is that the more a user contributes to the ecosystem, the less they should be paying as they become a key player within the community. Half of the profits are shared with our users in the form of global bounties, discounts or bonuses. A ranking mechanism is established where each member’s score is increased by: reviewing and verifying listings, travelling frequently, hosting several guests and more. The higher the score, the higher the acquired benefits.

  • Collaborative community

    We are creating an environment, where no matter which city you travel to, as long as there is a PopulStayer nearby, you have a friend. We are reviving the sense of community within the industry by incentivizing our users to create strong relationships between them, through: transparency, a mission greater than ourselves and, global bounty rewards (total listings, total users, milestones and more).

  • Encourages communication

    We at PopulStay allow and encourage full-on communication between guest and host as we want you to meet each other and feel at ease about the upcoming booking. Host may use his phone’s camera to show the premises while guests can speak about themselves to build trust and reassure the host of the respect they’ll show the accommodation.

  • Self-sustaining
    Host

    We understand the importance of creating and maintaining a relationship with your guests and therefore PopulStay makes it as effortless as possible for hosts to run their business. It’s the little things one does for their clients that make them memorable and more likely to receive referrals or a positive review. Our end-to-end IoT (Internet of Things) ecosystem automates several processes such as: upon check-out, generating a one time PIN code, by the smart-lock, for the cleaning company, smart-fridges, smart-WiFi, smart-cars and more. The host will be able to control the entirety of his listings from the convenience of his phone, allowing him to build a global business.

  • Instant check-in

    Our user-friendly smart locks provide a seamless check-in experience for our guests as the PIN code is automatically generated by our system and sent to the guest prior to his arrival. Hence, no waiting time for check-in is needed, no risk of losing the key and, no interaction with the host is necessary (unless desired), ensuring an overall seamless experience for our users.

  • All-around experience

    Our user-friendly smart locks provide a seamless check-in experience for our guests as the PIN code is automatically generated by our system and sent to the guest prior to his arrival. Hence, no waiting time for check-in is needed, no risk of losing the key and, no interaction with the host is necessary (unless desired), ensuring an overall seamless experience for our users.

  • 1.5% fees
    Guest

    PopulStay’s decentralized nature is created by the trust blockchain technology provides, allowing it to act as the middleman, without the need for a third-centralized-party. Therefore, operating costs and fees are significantly decreased. Various payment methods are accepted from credit cards to several cryptocurrencies, consequently minimizing guest’s expenses and enhancing user experience for all parties.

  • Community jurors resolve disputes

    Blockchain technology allows the development of community-run, transparent, and fair dispute resolution applications. PopulStay is integrating such a platform to solve cases efficiently and for every booking, a deposit by both guest and host is held in escrow as collateral. If a dispute arises, evidence has to be presented to a randomly selected and qualified group of PopulStay jurors. The trial’s mechanics incentivize jurors to act fairly and the winning party will receive the aforementioned deposit as compensation.

  • Data ownership

    The blockchain allows us to securely store data with complete privacy and security on a distributed ledger. Thereby, the user is the only one with granted access to it and can decide who views it, for how long and for what purposes. When the need arises to KYP (Know Your Property) and KYC (Know Your Customer) as a host, you will be giving access only to the relevant data and will be immediately notified if it was shared or tampered with.

Technology

technology-circles

Back-end

Software
Platform

Website

Mobile App

Smart Contracts

Blockchain

PPS Token

Smart Locks

Smart
Devices

Other IoT Devices

Software Platform

A cloud-based environment in which different PopulStay programs run on, and integrate seamlessly with blockchain technology.

Back-end

The backbone of our software platform, hosted on Amazon Web Services, provides us with security, accuracy, reliability and high performance.

Front-end

Our modern, intuitive web platform interacts with the PopulStay back-end to provide a smooth user experience while managing listings, booking properties, and all related functionalities of the ecosystem.

Mobile app

A free app for iOS & Android allows the user instant access to: bookings, customer support, host-guest messaging and more.

Blockchain

The real innovation that PopulStay brings to the market is the use of blockchain technology to manage listings, services, and devices. Blockchain is the next step in the evolution of information and value exchange across the Internet. No central authorities (like banks or corporations) are needed, as trusted transactions are exchanged among networks of independent computers.

Smart contracts

A set of enforced software instructions orchestrate the complex interactions between hosts-guests, service providers and IoT devices while providing an automated, secure and hassle-free experience. They perform the following ecosystem activities: bookings and listings, payments and refunds, external services, reviews and complaints, smart devices.

PPS Token

A customised blockchain token (PPS) is used to transfer value and information among the above components. Positive network effects take place, wherein token owners (hosts, guests and, third-parties) are incentivized to contribute to the ecosystem’s growth, thereby increasing the token’s value. Its use will also significantly decrease commission fees (up to 20%) by removing the need for intermediate central authorities, and allowing a far simpler, automated experience for hosts & guests.

Smart Devices

We envision a self-sustaining ecosystem, leveraging IoT and blockchain technology, in which the host needs minimal maintenance to manage listings while ensuring an unforgettable experience for the guests.

Smart locks

Our world-renowned Developers have designed secure, user-friendly locks which provide an unprecedented ease of use for our PopulStay hosts and guests. The integration with blockchain technology allows PIN codes to be generated (check-in) and revoked (check-out) automatically, resulting in a seamless experience for both parties.

Other IoT devices

We are developing an environment that satisfies guests’ needs based on the preferences highlighted in their profile. At the same time, hosts can tailor device usage and limit excessive spending. Future integrations include: smart-WiFi, smart-TV, smart-fridges, smart-cars and, of course, current legacy IoT devices such as Alexa, Siri or Cortana.

Download Our Whitepaper

The PopulStay Team

Walter Wang

Founder & CEO

Dr. Walter Wang, PhD graduate from NUS, has been a reputable Airbnb member since 2013 who has hosted over 500 guests. In 2015 he co-founded Igloohome, a company that created revolutionary smart-locks for the home sharing ecosystem. Their product won the CES Asia Innovation Award in 2017 & 2018 and was praised by Lee Hsien Loong, Prime Minister of Singapore as one of the most innovative products invented in the country. Inspired by blockchain technology, he went on to start his new venture, PopulStay, where he aims to re-ignite the sense of community that home sharing platforms have lost. He is also an avid runner and ukulele lover.

Brain Lin

Co-Founder & CBO

Christie Zhong

Chief Creative Director

Periklis Ikonomidis

Chief Marketing Officer

Roberto Marchetto

Technical Lead

Echo Jia

Head of Content

Yimeng Cao

Art Director

John Lai

Full Stack Developer

Marina Kazakova

Social Media Manager

Alan Chang

Community Manager

Morila Meng

Community Manager

Gin Liu

Media Director

John Yi

Hardware Marketing Manager

Eduardo Laquintana

Marketing Associate

Yan Wang

Web Developer

Cypher Zhang

Blockchain Developer

Samuel Shi

iOS Developer

Jerry Lau

Android Developer

Jack Ling

Bluetooth Engineer

Secret Lv

QA Tester

Ahmad Hamed

Bounty Manager

Brain Lin

Co-Founder & CBO

Christie Zhong

Chief Creative Director

Periklis Ikonomidis

Chief Marketing Officer

Roberto Marchetto

Technical Lead

Echo Jia

Head of Content

Yimeng Cao

Art Director

John Lai

Full Stack Developer

Marina Kazakova

Social Media Manager

Alan Chang

Community Manager

Morila Meng

Community Manager

Gin Liu

Media Director

John Yi

Hardware Marketing Manager

Eduardo Laquintana

Marketing Associate

Yan Wang

Web Developer

Cypher Zhang

Blockchain Developer

Samuel Shi

iOS Developer

Jerry Lau

Android Developer

Jack Ling

Bluetooth Engineer

Secret Lv

QA Tester

Ahmad Hamed

Bounty Manager

Advisors

Jeffrey Wernick


Yuqing Tan


Masakazu Eshiro


Sucheendra Kumar


Emi Wada


Jing Zhu


Daisuke PD Kusaka


Aurora


Tiffany Xingyu WANG


Chu Dong


Jess


Investors

Partnerships

Roadmap

Media

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