EstateDao rugged?

Seems EstateDAO has disappeared from NNS tokens and the website is unreachable.

Can we assume EstateDAO has rugged?

Can’t recall the guy’s name George something, but seems like he is also involved in node providers as well.

Definitely not the sort we want involved with IC at any level if true.

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IIRC the name is George Bascombe?

Hi,

The issue with EstateDAO tokens was that the SNS governance canister ran out of cycles. We have topped up the cycles, and the problem should be resolved.

As for our website, you can check us out at estatedao.org or nofeebooking.org.

Below is a summary of our progress over the past month across key technical and operational areas:

Technical Developments

  1. Global Property Listings: We evaluated multiple providers and finalized a scalable, high-quality listings API to ensure consistent and reliable accommodation data.

  2. Crypto Payments: A dedicated crypto payment provider has been integrated, enabling fully decentralized, borderless transactions across supported assets.

  3. Fiat Payments via Stripe: In addition to crypto payments, Stripe has also been fully integrated to support secure fiat transactions through cards and wallets.

  4. Authentication System Development: Login and signup infrastructure is in progress to support secure user sessions and personalized booking flows.

  5. Email Verification and Booking Confirmation: Backend logic is now live to trigger automated email verifications and booking confirmations upon action.

Beta Testing and Community Engagement

  1. Beta Testing Program: Two structured beta groups ran successfully, generating over 150 detailed reports on bugs, feature requests, and UX feedback. The public feedback and update tracking are available on this link: https://github.com/Estate-DAO/Beta-Founder-s-Club/discussions

  2. Contributor Rewards Distributed: A total of 56 contributors received $EST tokens and ckBTC in recognition of their active participation and valuable insights.

Platform Enhancements

  1. Quality Control of Listings: Backend filters have been deployed to automatically identify and remove incomplete, low-quality, or suspicious property listings.

  2. Search and Listing Flow Optimization: Major improvements were made to the booking engine, including faster property load times, better filter performance, and smoother search experiences.

To follow the project and its further developments, please follow us on X: https://x.com/EstateDAO_ICP.

If you’re interested in contributing or joining upcoming testing rounds, feel free to reach out. We’re excited to onboard new contributors and testers.

Doesn’t work.

How do you plan on making money to sustain your operations? If it’s from booking fees, how do you plan to compete with larger websites like Booking.com that use roughly the same business model?

Apologies for the error! You can access the platform at nofeebooking.com.

Like most travel platforms, our main revenue source is commission-based. However, we’re not trying to copy what companies like Booking.com already do. Instead, we focus on a rapidly growing group: crypto natives and digital nomads — users who are comfortable using cryptocurrencies and are looking for platforms that match their lifestyle and payment habits.

We’re also approaching commissions in a way that rewards crypto use. Think of it like a loyalty system, but based on what currency you pay with:

  • If you pay in fiat, we’ll charge a commission that’s competitive with the other players in the market.
  • If you use Bitcoin, you’ll get a nice discount.
  • Pay with ICP, and the discount gets even better.
  • And if you use EST token, you won’t pay any commission at all.

This model creates strong incentives for crypto adoption while still ensuring revenue from users who prefer traditional payment methods.

Additionally, we’re building strategic partnerships with crypto conferences and events worldwide to offer tailored travel packages for attendees. These packages will bundle hotel bookings with event access, creating a seamless experience for Web3 professionals and enthusiasts. These kinds of experiences are common in the traditional world, but they’re still missing in Web3.

By aligning incentives with the crypto ecosystem, minimizing fees for our core users, and building native utility into our token, NoFeeBooking is positioned not to compete head-to-head with traditional OTAs, but to carve its space in a new and emerging vertical.

Do you have an actual property that exists yet?

4 Likes

Okay cool, it looks like you incentivize crypto use. How about stablecoins? USDC? ckUSDC?

I’d love to see your appearances in these conferences. Haven’t done so yet.