The Ezystayz revenue model

chidoskim (39)in #ezystayz • 4 years ago (edited)

Introduction

For any business that aims at long term sustainability, creating a revenue model is important. This will ensure that there’s constant flow of cash within the system. A business with a great revenue stream is definitely doing something right.

Also within the business revenue model, the market factors that could affect operations should be included. This will help the company stay above the pulls of the market that may affect the network’s cash flow. Ezystayz is a blockchain-based project that focuses on real estate and rental activities. Therefore, the aim is to solve problems while making enough profit. In the ezystayz revenue model, all costs that contribute to smooth running of the system are included.

The revenue streams.

At the core of the revenue model of ezystayz is a need to operate at breakeven. Ezystayz aims to operate with the least possible transaction fees. Through this, users can directly pay for the needed services without extra costs. However, property owners will be required to pay a token to optimize their assets on the platform. Property owners can opt for premium features that will boost their booking rates and simplify reservation processes.
The feature of paying directly for services rendered, is absent in conventional platforms. Oftentimes, the transaction charges to place a comfortable reservation is on the high side. The simplified approach and low cost of ezystayz will encourage home owners to display their property in the marketplace.

Rental fees

The rental fees of property are displayed on the ezystayz website for any property of choice. Customers will be charge a service charge between 5% and 15% of the reservation cost. This is a low cost when compared to the ease of service rendered.

Host fees

The host (property owners) are charged a service fee of 3%. This is exercised whenever their property are booked. It is a tax free charge that can range to about 5% based on host customization.

Exchange fees

The ezystayz platform is expected to witness great adoption in the real estate industry. Therefore ezystayz will charge a 1% fee for any exchange into or out of the EZY token.

Special property showcasing

There is a special feature of optimizing your properties to have great platform appearance. Ezystayz will charge advert fees for homeowners who want their properties showcased on the platform.

Professional marketplace outlook

For homeowners that want a great outlook for their property, ezystayz can outsource photographers that will help prepare great pictures for property listing. Ezystayz have professionals in several cities around the world. The charges vary for various countries.

Token usage as a revenue model.

With greater usage of the ezystayz token, there’s bound to be increased revenue in the system. To encourage the use of the EZY token, host and traveller that opt to pay for Ezystayz services with the native token will receive a 25% discount.

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Conclusion

The revenue model of Ezystayz is a customer-focused model. It aims to bring profit and network sustainability by ensuring the user community are not tasked heavily. This low transaction cost will improve network usage.

Below is the screenshot of today's details for EZY from Coinmarketcap.

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