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0xdesigner pfp
0xdesigner
@0xdesigner
what if airbnb created a network of properties that you could buy fractional ownership in via a token? it's a win-win. airbnb monetizes broker fees from their ownership marketplace. and you as the owner can both earn rental income and have the flexibility of multi-city living.
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Andrew Smith
@thebulldoge
Great idea, but it’s very tough to execute. It’s only profitably to own an Airbnb because you’re able to charge way above pro-rated rental rates for the period desired. There are a few “fractional ownership” / multicity rental platforms that haven’t achieved scale because of the price point for members.
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0xdesigner
@0xdesigner
you don’t own the airbnb, you own the network of owned and managed airbnbs. how does this change at scale?
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Andrew Smith
@thebulldoge
I was referring to the part of the model where people buy fractional shares of a property, it’s difficult to find a price point that makes sense for the owners. I think I misunderstood though. You’re saying let people own fraction of managed airbnbs, to rent out and earn income, not fractionally live in?
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