Peer-to-peer ​(P2P) ​companies ​like ​Airbnb ​and ​Uber ​are ​considered ​trailblazers ​of ​the sharing ​economy. ​After ​all, ​they ​promise ​sharing ​the ​value ​of ​assets ​within ​their ​networks, lower ​transaction ​fees, ​and ​a ​platform ​for ​trusted ​and ​secure ​transactions. ​However, analysis ​of ​their ​business ​model ​more ​accurately ​reflects ​an ​“access ​economy” ​that requires ​users ​to ​pay ​a ​commission ​for ​access ​to ​their ​platform ​resulting ​in ​a ​concentrated distribution ​of ​ownership, ​double-digit ​transaction ​fees, ​alongside ​increasing ​reports ​of security ​breaches ​and ​data ​manipulation.

Enter ​Beenest, ​a ​decentralized ​housing ​platform ​hosted ​on ​the ​Ethereum ​blockchain. Beenest ​utilizes ​its ​in-house ​Bee ​Token ​providing ​a ​seamless ​user ​experience ​in ​the short-term ​housing ​rental ​market. ​Beenest ​provides ​all ​major ​functions ​between ​Hosts ​and Guest ​while ​sharing ​success ​amongst ​users, ​charging ​0% ​commissions, ​and ​providing ​a secure ​platform ​for ​identity ​validation, ​payment ​verification ​and ​genuine ​reviews.

With ​strong ​growth ​in ​the ​short-term ​housing ​market ​and ​the ​growing ​acceptance ​of Ethereum ​and ​cryptocurrencies, ​Beenest ​will ​emerge ​as ​the ​leader ​of ​the ​short-term housing ​market ​and ​set ​the ​standard ​for ​real-life ​applications ​in ​cryptocurrency.