INFRA COINS

UPIK05

INTRODUCTION

InfraCoins is a decentralized ecosystem for property registration that will use block technology to make the recording process cheaper, more convenient and safer. InfraCoins technology reduces traditional frustration, fraud, delays and friction points in the process of hotel reservations and rental reservations for the benefit of customers and customers. Although the cost and characteristics of homes and hotels vary across the world, many countries experience similar problems in long-term rentals and hotel accommodation. The mission of InfraCoins is to offer solutions that are equally effective for residents of international borders.

InfraCoins aims to help enable this tiering and signing service to reach the threshold of switching from fiat to crypto by developing platforms that focus on the practical applications of smart contracts and blocking technology in booking and hotel property transactions .

WHY INFRACOINS

THE PROBLEM

Technological evolution has led to the disruption of multiple sectors in recent years. Despite so many other industries having been successfully disrupted in recent years (retail, social media, transportation), the property listing space remains mired in tradition and lacks comparable innovation. The process of hotel booking and long-term rentals still results in frustration and lost time for both the customers and clients. There has not yet been technological disruption significant enough to usher in a new and better way to rent and book. Here at InfraCoins, we aim to change that.

Global practices for hotel booking and rental process still include listings in the form of simple classified ads in print publications or on sites like bookings.com, Airbnb.com Craigslist, Zillow, Rightmove and Zoopla which provide limited information about a particular property for prospective tenants and essentially no support for actionable items, such as the application process, contract execution, collection, and maintenance requests.

THE SOLUTION

Today, InfraCoins offers users a fully operational, web-based hotel booking and long-term rental, listing platform. Our goal is to leverage blockchain technology to ensure a seamless hotel and rental booking experience which will allow the entire rental application, rental contracts, booking hotels process and listing to be completed quickly and online. It is still common practice to complete many tasks manually.

This includes prospective landlords, accepting paper checks or cash, rent payments, releasing of deposits, calling hotels to confirm if the payment is received, booking is confirmed, etc. In addition, agents and brokers sometimes charge significant fees for minimal services, and landlords force tenants to freeze thousands of dollars in rental deposits.

International renters face problems qualifying to rent overseas as their credit scores and credit histories are only valid in their country of citizenship or in the country in which they are legally qualified to work and live in at the moment.

Using InfraCoins, property owners and travelers in countries across the globe will have the opportunity to enjoy a transparent and universally applicable platform for listing their properties for rental or commercial purpose. Also with our INF tokens customers will be able to book hotels anywhere in the world with low transaction/commission fee.

The Blockchain Opportunity

Efficient and reliable property search

A blockchain-based listing would enable data to be distributed across a peer-to-peer network in a manner that allows brokers to have more control over their data, along with increased trust, as listings would be more freely accessible. This enhanced, blockchain-enabled MLS would also provide clear details on property location and address, comparable rental rates,capital values, ownership history, tenant details, age of the property, and title clarity. As a result, market participants could have access to more reliable data at a lower cost. In fact, per a recent Deloitte survey of 308 executives, 36 percent of respondents perceive efficiencies (lower costs/ greater speed) as one of the key benefits of using blockchain technology.

PROCESS

Users upload the property listing on the INF blockchain free of charge
InfraCoins allows users across the platform to freely access data and also make transactions using INF Tokens.

OUTCOME

Increased Transparency
Enhanced process efficiency and accuracy
Easier access to international listings
Lower transaction costs

How It Works

The Decentralized INF Ledger is the engine that regulates all transactions and relationships between the hotels/property providers and the clients. In its core, there are going to be rules and operations governed by smart contracts which will be deployed in the Ethereum Virtual Machine.

List Properties: Users upload the property listing on the INF blockchain; free of charge,InfraCoins allows users across the platform to freely access data and also make transactions using INF Tokens.
Financial Evaluation: InfraCoins will perform the KYC of the user digitally within minutes, by validating the documents and identification proof using AI and NLP. Once the KYC is approved, then users will be provided a trustworthy score, which can help the lender make the right decision of proceeding with the transaction.
Hotel Bookings: On booking of hotel a smart contract will be triggered (agreement), which includes details such as price,hotel details and cancellation policy. Based on the terms of the contract, the smart contract initiates the payments from customer.On checkout the contract triggers the payment to the hotel.

Some of the operations (but not limited to) the decentralized INF Ledger will run:

Booking placement
Booking confirmation policy (instant/or after review)
Deposit holding
Deposit release/refunding upon check-out
Check-in requirements & up-grade possibilities
Dispute trigger & dispute terms
Deposit withholding
Optional history/reputation requirement for customer
Listing of rental properties

ICO Details

General Information

Token: INF

Platform: Ethereum

Standard: ERC20

Quantity: 60 million INF

Price: 1 INF = 1.25 USD

Payment: BTC, ETH, XRP, Fiat

Soft cap: 3 million USD

Hard Cap: 30 million USD

Pre ICO

Quantity: 5 million INF

Start: 15.07.2018

Completion: 31.07.2018

ICO

Quantity: 25 million INF

Start: 10.08.2018

Completion: 31.10.2018

Milestone History

July 2017

Concepts and ideas

August 2017

Planning and conceptualization

September 2017

Market research

October 2017

Acquisition of partners and ownership

January 2018

Prototyping – List of properties and websites for booking hotels

March 2018

Prototyping – List of properties and booking of hotel reservations

April 2018

Development of intelligent test contract development

May 2018

The implementation of the intelligent contract is complete

July 2018

VIP sales begin

The sale of ICO begins

August 2018

The sale of ICO begins

October 2018

ICO’s sales are running out

December 2018

Official launch of the website

January 2019

Registered on the Exchange

February 2019

Official Launch of Mobile Applications

TEAM

Jagdish Suvarna

CEO

Bhushan Kadu

CTO

Cess Laguardia

CMO

Vansh Tah

BlockChain Developer

Evan Joseph

BlockChain Consultant

Manjunath Shetty

Data Analyst

Advis0r

Hoo Lin Coln

Legal Advisor

Anthony Abunassar

ICO Advisor

Alex Linenko

ICO Advisor

Andrey Korotkov

ICO Advis0r

Alexandre Orfevre

Community Development

Brian DePierre

ICO advisor

More information contact :

Website : https://www.infracoins.com/

Whitepaper : https://www.infracoins.com/data/landing-docs/InfraCoinsWhitePaper5.2.pdf

Bounty Thread : https://bitcointalk.org/index.php?topic=4809492.0

Facebook : https://www.facebook.com/InfraCoinsOfficial/

Telegram : https://t.me/infracoins_community

Twitter : https://twitter.com/Infra_Coins

Youtube : https://www.youtube.com/channel/UCSvWTQBZptOL8l_Tjz9OVxA

Author : Upik05

My profile bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2205131

Address wallet

0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4