I.Introduction

The real estate rental market is traditionally defined as short-term and long-term rentals. In short-term rental markets, recent regulation efforts have pushed 3-rd party listing platforms such as AirBnb to spend significant resources to meet the compliances. Whereas in long-term rental markets, real estate developers are hesitant to list their places on short-term rental marketplace platforms due to the prolonged tenant screening process required, as well as sophisticated payment scheduling.

The TR3 project is dedicated to bringing the best real estate experiences to both short-term and long-term renters. The platform offers a marketplace-like Platform As A Service (PaaS) for real estate stakeholders to list their properties, and manage their listings. The TR3 project admits a registered user quality assurance concept similar to the industry’s MLS concept, by limiting all Guest Users to only register-abled with an invitation from an active Host user.

TR3 Coin (TR3C) is the profit-sharing ERC-20 utility coin for the TR3 platform.

II.The Current State of the Real Estate Rental Market

The real estate rental market has been experiencing significant changes in recent years, driven by various economic and demographic factors. Here’s an overview of the current state of this industry:

  1. High Demand for Rental Properties: With rising home prices and the challenges of homeownership, more people are opting for rental accommodations. This increased demand has led to a competitive rental market, particularly in urban areas and popular cities.
  2. Affordability Concerns: Despite the high demand, affordability remains a major issue in many markets. Rent prices have been steadily increasing, outpacing wage growth in many regions, making it challenging for renters to find affordable housing options.
  3. Shift Towards Suburban and Rural Areas: The COVID-19 pandemic has accelerated the trend of people moving away from densely populated urban centers to suburban and rural areas, seeking more space and a different lifestyle. This has created new rental market opportunities in these areas.
  4. Rise of Short-Term Rentals: The popularity of platforms like Airbnb and VRBO has disrupted the traditional rental market by offering short-term rental options. This has created both opportunities and challenges for property owners and renters alike.

Challenges

  1. Affordability: Rising rent prices and stagnant wage growth have made it difficult for many renters to find affordable housing options.
  2. Supply and Demand Imbalance: In many markets, the demand for rental properties outstrips the available supply, leading to increased competition and higher prices.
  3. Regulatory Challenges: Short-term rental platforms have faced regulatory challenges in various cities and municipalities, creating uncertainty for property owners and renters.
  4. Property Management: Managing rental properties can be time-consuming and complex, especially for individual landlords or small-scale investors.

Opportunities

  1. Technology Advancements: Technological innovations, such as online rental platforms, virtual tours, and smart home technologies, have the potential to streamline the rental process and enhance the overall experience for both landlords and tenants.
  2. Sustainable and Eco-Friendly Rentals: There is a growing demand for sustainable and eco-friendly rental properties, presenting opportunities for property owners to differentiate their offerings and attract environmentally conscious renters.
  3. Niche Markets: Catering to specific niche markets, such as student housing, senior living, or corporate housing, can provide opportunities for specialized rental services and offerings.
  4. Investment Opportunities: The rental market offers investment opportunities for individuals and companies looking to diversify their portfolios and generate passive income streams.

III.Tokenizing Real Estate Rental Marketplace with Subscription Based TR3 PaaS

TR3 is a decentralized, AI booking agent-assisted, travel booking platform. TR3 aims to revolutionize the real estate rental market by leveraging blockchain technology and tokenization. The platform offers a subscription-based Platform-as-a-Service (PaaS) model, enabling property owners and managers to manage their rental properties and list them on the TR3 marketplace. The platform is native to its Trusted Points rewards program and enables hosts to accept cryptocurrency payments from guests by publishing an official exchange rate between the platform’s own TR3 Coin and rewards program. 

TR3 Travel Booking Platform

The TR3 travel booking platform is a decentralized, peer-to-peer marketplace that connects property owners/managers (hosts) with travelers (guests). It provides a transparent and secure environment for listing, discovering, and booking rental properties worldwide. The platform’s key features include:

  1. Intelligent Recommendation: TR3 is built on trust as well as intelligent algorithms. In addition to traditional property recommendation filters such as date, price, and location, the latest AI revolution has enabled TR3 to enable intelligent travel recommendations.
  2. Rewards Tokenization: While hosts can customize the amount of rewards each of their listings would provide, TR3 publishes an official exchange rate to enable the exchange of Trusted Points to TR3C, allowing guest to maximize their reward points.  
  3. Smart Contracts: TR3 leverages smart contracts to automate and enforce rental agreements, ensuring secure and transparent transactions between hosts and guests.
  4. Reputation System: The platform incorporates a reputation system based on user reviews and ratings, fostering trust and accountability within the community.
  5. Secure Payments: TR3 facilitates secure and efficient payments using its native TR3C token, in addition to traditional payment processors provided by TR3’s payment partners.

The TR3 travel booking platform targets a wide audience, including property owners, real estate investors, property managers, and travelers seeking unique and authentic accommodation experiences.

IV.TR3C Token

The TR3C token is the native cryptocurrency of the TR3 ecosystem. It serves as the primary means of exchange within the platform and plays a crucial role in incentivizing and rewarding participants.

Token Utility

The TR3C token has several key utilities within the TR3 ecosystem:

  1. Booking and Payment: Guests can use TR3C tokens exchange for Trusted Points to book and pay for rental properties listed on the platform. TR3C ramp allows property owners and managers to accept cryptocurrency payments without the hassle of setting up their systems.
  2. Earning Trusted Points: Both hosts and guests can earn Trusted Points by participating in the platform’s activities, such as completing bookings, providing reviews, and engaging with the community. 
  3. Redeeming Trusted Points: Earned Trusted Points can be redeemed for TR3C tokens, which can then be used for various purposes within the ecosystem or traded on cryptocurrency exchanges.
  4. Staking and Governance: TR3C token holders can stake their tokens to participate in the platform’s governance and decision-making processes, as well as earn rewards for contributing to the network’s security and stability. 
  5. Dividends and profit Sharing: TR3C allows the TR3 platform to raise funds, it would also be the perfect vehicle to reward shareholders for the growth of the platform. TR3 platform publishes its activities on purchasing back its own issued TR3C.

The TR3C token is an ERC-20-compliant token built on the Ethereum blockchain, ensuring compatibility with various wallets and decentralized applications (DApps). The total supply of TR3C tokens is capped at 10 million, with a portion allocated for the initial token sale and the remaining tokens distributed through various mechanisms, such as staking, and ecosystem incentives.

V.Trusted Points Program

The Trusted Points program is a key feature of the TR3 ecosystem, designed to incentivize and reward positive behavior among hosts and guests. It operates on a points-based system, where participants can earn Trusted Points by completing various actions within the platform.

How it Works

Both hosts and guests can earn Trusted Points by engaging in the following activities:

  1. Completing Bookings: Hosts and guests earn Trusted Points for completing bookings and providing positive reviews.
  2. Referrals: Participants can earn Trusted Points by referring new users to the platform.
  3. Community Engagement: Contributing to the TR3 community, such as participating in discussions, providing valuable feedback, or reporting issues, can earn users Trusted Points.
  4. Staking: Token holders can earn Trusted Points by staking their TR3C tokens, contributing to the network’s security and stability.

     

The number of Trusted Points earned depends on the specific action and its perceived value to the ecosystem. For example, completing a high-value booking or providing a detailed and insightful review may earn more Trusted Points than a simple referral.

Benefits for Hosts and Guests

Participating in the Trusted Points program offers several benefits for both hosts and guests:

  1. Increased Visibility and Ranking: Hosts with higher Trusted Points scores may receive higher rankings and increased visibility on the platform, attracting more potential guests.
  2. Discounts and Rewards: Earned Trusted Points can be redeemed for discounts on future bookings, exclusive offers, or other rewards within the TR3 ecosystem.
  3. Enhanced Trust and Reputation: A high Trusted Points score serves as a signal of trustworthiness and reliability, fostering trust among participants and improving the overall user experience.
  4. Passive Income: By redeeming Trusted Points for TR3C tokens, participants can generate passive income or reinvest in the ecosystem.

VI.Tokenomics

The TR3 ecosystem employs a carefully designed tokenomics model to ensure the long-term sustainability and growth of the platform.

Token Distribution

The total supply of 10 million TR3C tokens is distributed as follows:

  • 15% allocated for the initial token sale
    • 10% on Uniswap (DEX)
    • 5% on CEX and OTC
  • 55% reserved for the team and advisors (subject to vesting schedules)
  • 10% allocated for ecosystem development and partnerships
  • 20% allocated for the Trusted Points program and user incentives
10%
GROWTH FUND
5%
OTC & CEX
10%
DEX (UNISWAP)
20%
COMMUNITY FUND
55%
TEAM FUND

Economic Model

The TR3 ecosystem’s economic model is designed to incentivize and reward participation while maintaining a balanced and sustainable token economy. Key aspects of the economic model include:

  1. Staking Rewards: Participants can earn TR3C tokens by contributing to the network’s security and stability through staking activities.
  2. Profit Sharing: A percentage of transaction fees collected on the TR3 platform will be used to purchase back TR3C, reducing the overall circulating token supply and potentially increasing the token’s value over time.
  3. Ecosystem Growth: As the TR3 ecosystem grows and attracts more users, the demand for TR3C tokens is expected to increase, potentially driving up the token’s value.
  4. Trusted Points Redemption: The redemption of Trusted Points for TR3C tokens creates a continuous demand for the token, contributing to its value and liquidity.

The value of the TR3C token is derived from its utility within the ecosystem, as well as the platform’s adoption and growth. By aligning incentives and fostering a vibrant community, the TR3 ecosystem aims to create a self-sustaining and value-generating tokenomics model.

VII.Roadmap

Phase 1: Token Creation and Initial Offering (Q2 2024)

  • Finalize the TR3C token specifications (ERC-20 standard, total supply, etc.)
  • Conduct a private token sale for strategic investors and partners
  • List TR3C on decentralized exchanges (DEXs) and select centralized exchanges
Phase 1 Current Progress
0%

Phase 2: Platform Integration (Q3 2024)

  • Integrate TR3C as a native payment method on the TR3 platform
  • Enable earning and redeeming Trusted Points for TR3C tokens
  • Implement token staking governance mechanisms
Phase 2 Current Progress
0%

Phase 3: Ecosystem Expansion (Q4 2024)

  • Establish partnerships with travel industry players (airlines, hotels, etc.)
  • Explore integration with other blockchain networks and cross-chain solutions
  • Develop additional use cases for TR3C within the travel industry

Phase 4: Mainstream Adoption (Q4 2024 – Q2 2025)

  • Launch marketing campaigns to increase awareness and adoption
  • Expand listing on major centralized exchanges
  • Onboard institutional investors and partners
  • Continuously improve platform features and user experience

VIII. Sustainability of TR3C

The TR3C token and the TR3 travel booking platform are designed to revolutionize the travel industry by leveraging the power of blockchain technology and tokenization. The project’s vision is to create a decentralized, transparent, and efficient ecosystem that empowers both hosts and guests, fostering trust and accountability. The key points outlined in the white paper highlight the project’s strong fundamentals, including:

  1. Decentralized Marketplace: Eliminating intermediaries and enabling direct peer-to-peer transactions.
  2. Smart Contracts: Automating and enforcing rental agreements with transparency.
  3. Reputation System: Building trust and accountability within the community.
  4. Secure Payments: Facilitating efficient and low-cost transactions using TR3C.

The TR3C token is the backbone of this ecosystem, incentivizing participation, enabling transactions, and driving the platform’s growth. With a well-designed tokenomics model and a strong community, the TR3C token has the potential to become a valuable asset within the travel industry. We invite readers, investors, and travel enthusiasts to explore the TR3 project further and join our community. Together, we can reshape the travel booking industry and unlock new possibilities through the power of blockchain and tokenization.