Bestay logo
WebsiteVindax Launchpad

Bestay (BSY)

ICO
IEO

BSY is a platform based on the blockchain system, including B2B and B2C markets. It combines all businesses and related participants in the chain organization. Our goal is to build a strong ecosystem that provides fully furnished apartments and restaurant chains with the most attentive service, utility application named BESTAY.

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Overview

Project industryReal Estate
Product typePlatform
FoundedSingapore
WhitepaperBestay White Paper Open
OnepagerBestay Onepager Open

What is Bestay

Bestay (BSY) is a decentralized home-sharing platform. We are creating an ecosystem that guides IoT for a sharing economy. Our focus in the first phase will be on hotels and apartments for short-term rental, we are also dealing with peer-to-peer asset management. The platform takes advantage of advanced technologies from distributed and decentralized computing, blockchain, IoT and information and data system security. Providing an effective and automated solution in which hosts provide values and customers will be able to exchange values directly, efficiently and seamlessly. Therefore, Bestay can provide products of the same quality but at a lower price, while still controlling strict requirements: know your product (KYP) and know yours customers (KYC) before being accepted into Bestay system platform.

Bestay offers the following advantages over traditional home sharing platforms:

1. Empower users by allowing the community to adjust itself transparently.

2. Lower fees:

  • Low booking fee and commission.
  • There are no transaction fees for financial institutions (such as credit card companies and banks if they are paid in cryptocurrencies).
  • There are no extra fees for cross currency transactions (foreign transaction fees, currency exchange costs, etc.).
  • 3. Trust provided by blockchain and smart contracts.

    4. Advanced security features, no one can change the system or data easily.

    5. Easy arbitration and dispute resolution in case of problems between guests and hosts.

    6. One-stop solution directly for guests and hosts.

    Blockchain fits perfectly with a sharing economy because it ensures reliable exchange of values among peers, which will make a big change to the home sharing market exclusively by Airbnb.

    Bestay will be the first platform to have an existing service, apply blockchain. Bestay can emerge as a game changer to break Airbnb's monopoly in 2019.

    Led by a team of domain experts, Bestay takes advantage of existing resources: server networks, lists, platforms and strategic partnerships. We will implement a strong platform and service. Starting from Vietnam and Indonesia, Bestay will target the Asian market and then expand globally.

    Bestay will penetrate the global market with travelers cooperating with Airbnb superhosts.

    Bestay serves as a global home sharing platform, which will account for 10% of the market by 2025. Bestay will participate in the hotel booking market with a market size of $500 billion to expand the Network of codes. Report BSY. After acquiring the core market in the home sharing market, Bestay will apply sharing services to take advantage of the blockchain experience.

    Details

    Pre-sales: Sep 12, 2019 - Oct 09, 2019
    IEO (Vindax Launchpad): Jun 23, 2020 - Aug 07, 2020
    Token supply: 1,000,000,000 BSY
    Total tokens for sale: 600,000,000 BSY
    Soft cap: 50.250 ETH
    Hard cap: 150.750 ETH

    Legal

    Blockchain Platform: EOS
    Country limitations: Lao People's Democratic Republic, North Korea, United States
    Registration country: Singapore
    Office address: 15 Changi Business Park Central 1, Singapore 486057

    Token info

    Ticker: BSY
    Token price in ETH: 1ETH=10250 BSY
    Accepted currencies: ETH
    Token distribution:
    Token sale - 60%
    Marketing - 12%
    Team - 6%
    Reverse fund - 8%
    Private investors - 5%
    Founders - 5%
    Advisors - 2%
    Partners - 2%

    Bestay Roadmap

    1
    09/2017
  • Establishing groups, project ideas
  • 2
    12/2017
  • Research and identify ideas
  • 3
    06/2018
  • Complete the idea
  • 4
    09/2018
  • Prepare whitepaper and related documents
  • 5
    12/2018
  • Editing whitepaper with advice from advisers
  • Develop a design system, code website and apps
  • Build BSY token
  • Marketing and sales planning
  • 6
    06/2019
  • Check all the steps internally
  • 7
    10/2019
  • Running the Bestay app (Beta version)
  • 8
    01/2020
  • Running the Bestay app (Official version)
  • 9
    03/2020
  • IEO token BSY on a large exchange
  • 10
    05/2020
  • Expanding the social community
  • Updating content
  • Expanding the ecosystem
  • Support customers and partners
  • 11
    05/2021
  • Build DApp in 4 countries around the world
  • Project team

    MR. MAI VAN DUNG
    MR. MAI VAN DUNG
    CEO of Bestay PTE. LTD
    MR. MAI VAN DUNG linkedin
    MR. TRUONG THANH NAM
    MR. TRUONG THANH NAM
    Information director of Undisclosed
    MR. TRUONG THANH NAM linkedin
    MR. DINH VAN THAO
    MR. DINH VAN THAO
    Bestay's Chief Engineer, IT Manager
    MR. DINH VAN THAO linkedin
    MR. MAI VIET HUNG
    MR. MAI VIET HUNG
    Chief Financial Officer
    MR. MAI VIET HUNG linkedin
    MS. LE THI MY HANH
    MS. LE THI MY HANH
    Head of sales department
    MS. LE THI MY HANH linkedin
    MR. MAI VAN THACH
    MR. MAI VAN THACH
    Automation engineer
    MR. MAI VAN THACH linkedin

    Advisors

    MR. DOAN DUC MANH
    MR. DOAN DUC MANH
    Bytesoft's CEO
    MR. DOAN DUC MANH linkedin
    MS. NGUYEN MY HANH
    MS. NGUYEN MY HANH
    Senior risk analyst for Upstream Sector
    MS. NGUYEN MY HANH linkedin
    MR. AMAL PRASAD
    MR. AMAL PRASAD
    Exchange advisor
    MR. AMAL PRASAD linkedin

    Social media

    Bestay web-siteBestay RedditBestay MediumBestayYouTubeBestay TelegramBestay InstagramBestay BTCTalkBestay LinkedInBestay X (Twitter)Bestay FacebookBestay Github

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