The geographic auction mechanism is probably the key to success with this product. I could imagine high-end properties auction for the highest bidder through this platform, creating a unique market — based on quality and transparency — even in niche markets. Zillios has an unique approach to the problem, which it solves by charging the customer for actual clicks the customer makes. The click are auctioned through a geographic filter, which makes clicks in New York City potentially a different value from clicks in Paris or London, depending on the level of interest the customers have in properties in these areas.
Pay per click revenue model
Zillios takes a step further from the competition, by minimizing the counterparty risks. This makes the platform relatively lightweight compared with the competition. It will be use in paying for other real estate related services on the platform. This article was created in exchange for a potential token reward through Bounty0x.
Zillios having zero listing fees, removes this barrier. Properties that are unique enough or owned by someone who .. For the customer, this means many properties not found anywhere else. The company, having a wealth of experience in real estate market spanning over decades, is well-positioned to take on the market. With over a million properties already listed on the beta platform, the road to success is paved with an existing market.
Assistance for both homeowners and tenants is provided by trusted third party service providers, which means that the both parties gain additional trust on the service. Rental services are further divided between common and holiday rentals, which are little bit different in their character, therefore demanding their own sets of smart contracts. This business model potentially seriously disrupts the holiday rental market. The fact that the platform charges no listing fees or commission, and delivers the funds instantly after payment are factual improvements to current market conditions. Whereas leading sharing economy players can be characterized as market makers and agents, Zillios zillios reduces the counterparty risk with a smart contract, and literally only provides a platform for the transaction between the willing buyer, willing seller.
Next Generation Real Estate Platform Powered by Blockchain: Zillios
- With the use of Zillios international real estate platform renters and buyers of properties do not have to pay commission fees.
- By using Zillios platform, Homeowners will be able to list their properties, get buyers anywhere around the globe, use blockchain to carry out fast and safe transactions all freely without the need for Agents.
- Fully decentralized platforms are the most effective actors in platform economy.
- A unique feature in Zillios will be the possibility to influence the positioning in search results for a specific available rental period for a holiday home.
- Undoubtedly, Zillios drastically transforms the way in which the current real estate market operates.
Zillios is a global digital platform for international property buying and vacation rentals. Zillios’ highly innovative infrastructure offers an unprecedented solution to the inefficiencies in the current real estate market. By using Zillios, key players in real estate will be able to early adapt to blockchain and to benefit from practical solutions that will make their life easier. One of the advantages of the innovative business model based on the bidding system is that Zillios provides the first rental platform without commissions to all key stakeholders.
All in all, I find Zillios a very potential success, with high chances of becoming a leading market player. This goes without saying, but it should be mentioned that Zillios doesn’t intend to provide property finance.
Zillios represents the definitive solution to property search and vacation rental. Thanks to its innovative business model and unique infrastructure based on blockchain technology, it manages to overcome the current market failures. Zillios provides homeowners, real estate agents, international buyers and vacation home tenants a highly efficient and transparent platform. A platform that allows all key players to take control of the home buying and rental processes. Undoubtedly, Zillios drastically transforms the way in which the current real estate market operates.
By using Zillios platform, Homeowners will be able to list their properties, get buyers anywhere around the globe, use blockchain to carry out fast and safe transactions all freely without the need for Agents. Home owners will have the opportunity of promoting their properties globally without stress. Property purchasing runs on it’s own set of smart contracts, which match international buyers and sellers based on the geofiltering algorithm deployed by the platform’s internal metasearch engine. The buyer benefits from trusted third party assistance. With the use of Zillios international real estate platform renters and buyers of properties do not have to pay commission fees.
ZILLIOS : A ONE STOP MARKET PLACE FOR GLOBAL REAL ESTATE BUSINESS.
The company behind Zillios is registered in Gibraltar, and solely runs the Zillios property management platform. Zillios itself doesn’t sign anything on behalf of the client, as the properties are managed through smart contracts, without counterparty risk. The rental services are listed like properties available for purchase, but the deals are managed by their own smart contracts.
On zillios international Real estate platform, Property Agents will have the opportunity of use of the blockchain in carrying out safe and secure transitions and during payments for properties. They will be able to carry out free listing of unlimited properties, advertising them to international buyers anywhere in the world. Zillios token has a key role in growing platform use bringing together all key players in one global real estate platform. Such a business model turns the dominant market player into a gatekeeper to market, which is highly profitable to the gatekeeper but often detrimental to smaller customers.
Zillios, a new digital platform for international property buying and vacation rentals, aims to revolutionize the real estate market. The combination of a pioneering business model in the sector and the use of blockchain technology, turns Zillios into a unique proposition to all key players in real estate. Its innovative pay-per-click auction system and the use of smart contracts for international deal closing will shake up the real estate market. Currently both in property sales and vacation rentals, a limited number of leading portals dominate the market, lacking in transparency and leaving property owners and agents without control of the position of their listings in portal search results.
At the moment, Zillios is in the process of raising funds to advance its development by the sale of tokens through an Initial Coin Offering (ICO). More information about this pioneering financing system and participation in the purchase of tokens is available at Blockchain technology is turning out to be the most transformative technological innovation since the arrival of the Internet.
- The company behind Zillios is registered in Gibraltar, and solely runs the Zillios property management platform.
- In addition to the innovative business model of Zillios, the automation and optimization of key processes, made possible thanks to the use of blockchain technology, represents another key to the elimination of commissions.
- For the customer, this means many properties not found anywhere else.
- At the moment, Zillios is in the process of raising funds to advance its development by the sale of tokens through an Initial Coin Offering (ICO).
- Assistance for both homeowners and tenants is provided by trusted third party service providers, which means that the both parties gain additional trust on the service.
- Zillios has an unique approach to the problem, which it solves by charging the customer for actual clicks the customer makes.
Because of high property listing costs and commissions, a lot of properties are not listed in these portals and therefore invisible for potential buyers and renters. This applies even more for properties abroad, as most portals are mainly home market oriented, meaning international offer is fragmented over portals. Unclear communication, non-transparent processes, dependencies on third parties and a lot of paperwork provoke considerable uncertainty. Add to that language barriers and unfamiliarity with local legislations and it is obvious that buying property internationally is a cumbersome process.