The Beta is due before the end of April 2019
What is a Dapp?
It’s an App with a “D” in front.
(D)ecentralized + App
It’s a website or a mobile App.
But what is decentralized?
Here is the tricky part.
Let us just say that it does not belong to one company but to the network.
And you are the Network.
Fine? Let’s leave it at that for now.
It means it is very very very basic.
We are still testing it.
You can use it but most features are missing, it is hard to use and has bugs.
So why bother showing it?
Well, here’s the idea:
If we start using it now, it becomes stronger.
It needs to be used, tested, broken, attacked, fixed improved continuously.
Let's Have a Look at It!
1) Front End Listing Page
There will be a very basic page at first, with just a few pictures and description.
Note some very interesting features:
The text and images are NOT on a server controlled by us.
They are distributed on the internet.
This means only the listing creator has control over them.
It may seem not a big deal, but it makes a world of a difference.
You are basically one of the website owners.
Also, see that Ethereum address (ETH: Address) here on the right? ↓
This means the listing belongs to an address on the blockchain, not to a person.
Theoretically that could mean that the Host is not a person, but the House itself.
In the future a House could earn money via bookings on our platform and pay for services (check-in, cleaning, maintenance, bookings management) independently on the blockchain.
Yes, a House can own and manage money today.
This is not going to matter anytime soon, but it’s good for you to see it this way.
It helps you understand how revolutionary this is:
you are looking at what may become a DAA (Decentralized Autonomous Accommodation).
Let’s be realistic for now: we’ll let carbon based and obsolete Luca manage this listing:
Luca: carbon based and obsolete
2) Creating a Listing
No one is paying for the servers which will host your listing.
You pay a small fee directly to the network.
Thousands of computers (a.k.a the network) will keep it online.
What are the 3 Dollar Cent in the picture below?!
It’s your contribution to the miners.
Miners are the people keeping the Ethereum network secure by running specialized computers.
You are part of the network, and you pay the network every time you transact.
It’s much cheaper than paying hundreds or thousands of dollars in fees every year to the centralized platforms like Airbnb and Booking.
We’re talking about 90% less.
3) Steps of a successfull booking
The Guest pays > Money goes to escrow (Smart Contract) > Guest comes and stays > All is ok > Money is released to the Host.
Exactly as you are used to, except there is no company deciding this.
It’s all automatic.
If something during the stay goes wrong a dispute is initiated and the network takes over.
See below: Here something was wrong and the money was blocked in the smart contract.
The Panel made a ruling in favor of the Host and instructed the Smart Contract to release the money.
Who is the Panel?
A group of Hosts and Guests.
4) Decentralized messaging
Communicate with the other party in a totally private way.
Feel free to share phone numbers or email addresses.
Only in case of a dispute will the Panel will have access to the message history.
5) Profile creation and verification
Too early for anonymous business, internet of things and self-supporting houses? No problem, verify you profile with email, phone, Airbnb account etc…
You are connecting the ETH address to your person.
We already have real bookings
Here are a few real booking transactions
WAIT, BUT AIRBNB IS SO MUCH BETTER!
OK, we knew you were going to say that!
Let’s put it like this: when Booking.com launched it was easier to book a hotel with a travel agency. The experience was slow and clumbsy and most people didn’t want to give their credit cards to a website. It just needed time. The internet, in retrospect, is a much better platform.
Also, consider this:
This is a BETA. It’s not ready. It’s as if were building a house and showing the walls and the roof.
The water pipes and electricity are working fine.
The doors, windows, colors and furniture are going to be added later.
You are paying hundreds or thousands of dollars in commissions a year in Airbnb, Booking and the other OTAs.
Trips will cost you a fraction of this.
The OTAs are making enormous profits out of your hard work.
Are you working for yourself or for them?
In Trips you work for yourself only.
You can serve Airbnb’s customers for years and have nothing to show for it at the end.
Here you are accumulating Trips.
If Trips becomes a success, you’ll share the rewards.
It’s simply a better platform to manage bookings.
We need time but we’ll get there.
LOOKS MESSY. WHO WILL KEEP THE ORDER?
You are. We are. They are. The Smart Contracts are.
Let us explain:
In centralized system the order is kept by two main actors: the software and the people.
Some things are automatic and made by computers: search, listing creation and so on.
Some things are manual and made by humans: dispute resolution, customer support and so on.
In Trips the automatic things are the same PLUS the payments.
Money is not controlled by people but by the Smart Contracts.
The manual aspects are managed by people, but not by the company employees: by the network.
Which means you, us and them.
In other words more rules are enforced by mathematics, not people.
And when people are needed, it’s people from the network, not employees.
WILL I GET PAID IN ETHER? I HAVE BILLS TO PAY!
We know. This is why until the day the world is ready for crypto we will accept Fiat money (Euro, U$ etc..) and pay Fiat to the Hosts.
This feature will be available immediately for Hosts who outsource to Trips the management of bookings.
See the White Paper for details.
WHAT SOFTWARE ARE YOU USING?
It’s all Open Source!
Blockchain: Ethereum Mainnet. That means it’s live, with real ETH paid for transacting. Bookings are real too.
File system: IPFS. Interplanetary File System. The Distributed Web. A peer-to-peer hypermedia protocol
to make the web faster, safer, and more open.
Origin Protocol: the protocols are completely provided as open source by our partners at Origin Protocol. Check them out, they are outstanding.
HOW TRANSPARENT IS ALL THIS?
A lot! You can see every transaction that has ever occurred with a blockchain explorer in a browser.
It’s anonymous but you can see how many bookings have been made, how much money has been paid, when it happened etc.
It belongs to the users, so everybody have the right to know what is happening.