Wehome is home sharing based on blockchain technology owned by guests and hosts. Harnessing blockchain technology and token economy, wehome provides innovative values such as 0% commissions, money incentives, and community ownership. With over 6 years experience and the pre-existing global home sharing platform of KOZAZA, we will launch a community home sharing in 2018 and expand into the global market. Wehome opens a new horizon for decentralized home sharing, fulfilling the philosophy of the Sharing Economy as explained in the Platform.
The home sharing market is growing fast. It also has high barrier to entry due to the nature of two-sided market and difficulty to facilitate trust between strangers. Airbnb dominates the current market; however, it faces criticism in that it has too much monopolistic and centralized power charging too high commission fee, which is counter to the philosophy of the Sharing Economy.
Blockchain technology is changing the rules of game for home sharing. Airbnb is a centralized platform owned by a company with financial backup of venture capitals; however, wehome is a network community where participants create and share values because it is owned by individual participants. So, the value is kept and shared inside the community of wehome, which is the basis to provide service without fee with incentive. Wehome keeps evolving as the Decentralized Autonomous Organization (DAO) is expanded by participants.