Crowdvilla

Crowdvilla is a social use case on the blockchain. It is set up as a Non Profit Organisation based in Singapore.

It aims to create a community estate of holiday properties, for which the community (token holders) can very flexibly true-share the properties forever.

That's said it also has real world commercial value. REIDAO is the technology sponsor to Crowdvilla and other future decentralised true-sharing projects.

Illustration: Suppose you and I are trusted friends, we can buy a villa together in Ibiza, and agree that each of us will have 6 months of use every year. When we are using these 6 months we do NOT pay any rent. Through the blockchain we scale this up to thousands of people (removing the trust needed in the set up) and to thousands of properties globally. Creating a TRUE sharing economy model in which the properties are indirectly owned by the token holders (community).