Crowdvilla

A community-based sharing economy model for holiday properties

About Crowdvilla

Crowdvilla aims to provide blockchain-based sharing of a global portfolio of hotels and holiday properties. Crowdvillas community pool their resources to acquire properties together for their shared use. The Crowdvilla portfolio ideally aims to occupy the casual luxury segment, which has broad appeal to internationally mobile businesses and holiday travellers. Crowdvilla plans to operate as a non-profit organisation (NPO) and use blockchain technology for real-estate tokenization, so as to provide attractive key features including trustless, secure, transparent blockchain technology and decentralized community-assets, as well as branded hotel experiences.
Competitors: AirBnb, BeeToken, CryptoBnB, CryptoCribs, HomeAway, HomeStay
Uniqueness/Advantages to competition: Creates a platform that decentralizes legacy shared home/hotel service platforms via blockchain technology.

Token Sale Use of Blockchain

Product

2.2
Product
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

1.0
N/A
1 - Nothing yet, just an idea.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

3.0
N/A
3 - Interesting.
Target User Base

Is it mass market or niche?

3.0
N/A
3 - Has growth potential.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

2.0
N/A
2 - Quite a few / somewhat better competitors.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

2.0
N/A
2 - Some, but nothing outstanding.

Product

There is no beta/alpha/MVP available for testing. All blockchain development and property acquistion is expected to occur after the ICO and a public beta release is scheduled for Q1 2019 (see Roadmap).
There is appeal to the Crowdvilla product, given the growing number of shared housing/hotel markets that are springing up across the world, and the potential / target user-base will grow along with the adoption of cryptocurrency in the general population. There is currently a very large amount of legacy competition in this space (e.g., AirBnB), and blockchain competition will greatly stiffen over time as adoption continues, given the size of the target market.
Competitors: AirBnb, BeeToken, CryptoBnB, CryptoCribs, HomeAway, HomeStay

Product Whitepaper

Use of Blockchain

2.4
Use of Blockchain
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

2.0
N/A
2 - Some smart contract functionality.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

3.0
N/A
3 - Potentially disruptive.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

2.0
N/A
2 - Some, mainly network effect.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

3.0
N/A
3 - Hybrid; decentralized as far as circumstances allow.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

2.0
N/A
2 - Meh, okay.

Use of Blockchain

The project’s contribution to blockchain development is mainly the creation of a home/hotel sharing platform via the use of decentralized blockchain technology. There is a disruptive advantage as, in theory, it would enable further decentralization of the currently centralized, legacy home/hotel sharing platforms and would provide users and asset owners with more monetization opportunties. There is need some need for a custom token as the platform is an independent marketplace, however the same goals could be achieved via ETH.

Use of Blockchain Roadmap

Whitepaper

3.8
Whitepaper
Comprehensiveness

Does it cover the full scope of the problem and solution?

4.0
N/A
4 - Satisfactory coverage, well written.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

3.0
N/A
3 - Basic honesty with some hype.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

4.0
N/A
4 - Clear, well thought out, realistic.

Whitepaper

The whitepaper is very well put together, professional and aesthetic, and provides a good mixture of media and textual explanation. The whitepaper is fairly long at 42-pages, but can be easily read and understood due to the amount of presented media. The whitepaper sections include: Introduction, Market Opportunities, the Crowdvilla Model, Token Sales, Asset Acquisition, Crowdvilla’s Token and Point, Point Generation Mechanics, the ICO, Competitors, the Technology, the Roadmap, Legal Structure, and Key Risks. The business plan and technology behind Crowdvilla are thoroughly and concisely explained. References are provided in footnote form.

Whitepaper Compliance

Roadmap

2.8
Roadmap
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

3.0
N/A
3 - An overall plan, major milestones stated.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

2.0
N/A
2 - Very ambitious.
Vision

Is there a larger, long-term vision?

2.0
N/A
2 - Riding the current wave.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

3.0
N/A
3 - Getting there.

Roadmap

A basic roadmap is given on a monthly basis, starting with ‘Project Annoucement’. Critical obstacles lie ahead, with actual property acquisition and beta development/testing for the platform set to begin well after the ICO. The roadmap is vague and no descriptions are provided for the intermediate steps required to complete each milestone.
Important Milestones:
Jul 2016 – (REIDAO) Real estate tokenization project annouced
Jul 2017 – Expanision to Crowdvilla, tokenizing shared holiday homes
Oct 2017 – Crowdvilla structure validation (Legal)
Mar 2018 – Crowdvill (CRV) token sale
Jun 2018 – Start property acquisitions
Sep 2018 – Establish jurisdictional operation structure
Jan 2019 – Crowdvilla apartment booking beta launch

Roadmap Company and Team

Compliance

2.8
Compliance
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

2.0
N/A
2 - Minimal or contrived.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

1.0
N/A
1 - Nothing yet, just an idea.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

5.0
N/A
5 - Professional, audited.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

4.0
N/A
4 - Professional.

Compliance

The CRV-token has intrinsic value through its planned usage on the Crowdvilla platform, allowing users to actively share benefits, earn rewards, and have ownership of holiday homes/hotels via a decentralized marketplace. The token’s main utility is as a tradable financial instrument, as it is used specifically for earning reward ‘Points’ and to buy and sell time to stay at various locations owned by the project.
The token smart-contract infrastructure will be fully completed well after the ICO, and actual site acquisition and a public alpha release will not occur until after the ICO.
Compliance is addressed with direct statements of AML & KYC Due Diligence and enforced with a registration whitelisting process and manual screening of all platform registrants. Also, Crowdvilla is partnered with Cynopsis Solutions for KYC (Know Your Customer) and AML (Anti Money Laundering)/CTF (Counter-Terrorism Financing) checks..
The legal review, disclaimer, and terms and conditions of the sale are detailed, professional, and thorough, aiming to absolve the company of any liability regarding the ICO and any problems that may occur, and providing a general statment that the tokens are not to be deemed a security.

Compliance Token Sale

Company and Team

3.2
Company and Team
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

4.0
N/A
4 - Established with some fundraising history.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

5.0
N/A
5 - Accomplished, recognized.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

2.0
N/A
2 - Lacking in key areas.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

3.0
N/A
3 - Correlated to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

2.0
N/A
2 - Somewhat skewed.

Company and Team

Crowdvilla has an established team with 4 employees and 4 advisors.
The core team has experience in business development, startups, blockchain development, real-estate, and tech development.
The advisors have backgrounds in legal and real-estate.
All team members have verifiable work experience credentials via LinkedIn profiles. The team members are not fully dedicated to the project; but are dedicated to similar and cooperative projects. The core members have previous experience with blockchain, cryptocurrency, or smart-contract projects and are relying on a previous project for the development of Crowdvilla.
Positives: The core team is well rounded and comes from substantial educational pedigree such as MIT and the University of Singapore.
Negatives: The members are not all fully dedicated to the project and no blockchain developers are currently part of the team.

Company and Team Product

Token Sale

1.6
Token Sale
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

2.0
N/A
2 - Somewhat greedy or unrelated to plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

2.0
N/A
2 - Only loosely related to plans.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

1.0
N/A
1 - Not clear how funds will be used.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

1.0
N/A
1 - Obfuscated, or giving company control of market value.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

2.0
N/A
2 - Minor exposure and interest, or ambivalent reception.

Token Sale

Crowdvilla Token (CRV)
Phase 1 (25,000 ETH Goal)
Phase 1 contributors
1 ETH = 4000 CRV
Phase 2 (50,000 ETH Goal)
Phase 1 contributors
1 ETH = 4400 CRV
(10% Bonus)
Phase 2 contributors
1 ETH = 4000 CRV
Phase 3 (125,000 ETH Goal)
Phase 1 contributors
1 ETH = 4800 CRV
(20% Bonus)
Phase 2 contributors
1 ETH = 4400 CRV
(10% Bonus)
Phase 3 contributors
1 ETH = 4000 CRV
GOAL REACHED Phase (250,000 ETH Goal)
Phase 1 contributors
1 ETH = 5200 CRV
(30% Bonus)
Phase 2 contributors
1 ETH = 4800 CRV
(20% Bonus)
Phase 3 contributors
1 ETH = 4400 CRV
(10% Bonus)

Token Distribution (Crowdvilla) REDIDAO
Initial Token Sale 80% 20%
Future Token Sales 95% 5%

Social Media Presence & Following
There is little community engagment and reception.

Product

There is no beta/alpha/MVP available for testing. All blockchain development and property acquistion is expected to occur after the ICO and a public beta release is scheduled for Q1 2019 (see Roadmap).
There is appeal to the Crowdvilla product, given the growing number of shared housing/hotel markets that are springing up across the world, and the potential / target user-base will grow along with the adoption of cryptocurrency in the general population. There is currently a very large amount of legacy competition in this space (e.g., AirBnB), and blockchain competition will greatly stiffen over time as adoption continues, given the size of the target market.
Competitors: AirBnb, BeeToken, CryptoBnB, CryptoCribs, HomeAway, HomeStay

Category Breakdown
Readiness

Is the product ready for use? Is there a working prototype or MVP? How long until it is operational?

1.0
N/A
1 - Nothing yet, just an idea.
Appeal

How appealing is the product? How good or necessary is it? Does it have a distinct edge?

3.0
N/A
3 - Interesting.
Target User Base

Is it mass market or niche?

3.0
N/A
3 - Has growth potential.
Competition

Are there many other similar solutions or is this one of just a few, or even one of a kind?

2.0
N/A
2 - Quite a few / somewhat better competitors.
Innovation

How innovative or inventive is the product, either conceptually or technologically?

2.0
N/A
2 - Some, but nothing outstanding.
Product Score:
2.2

Use of Blockchain

The project’s contribution to blockchain development is mainly the creation of a home/hotel sharing platform via the use of decentralized blockchain technology. There is a disruptive advantage as, in theory, it would enable further decentralization of the currently centralized, legacy home/hotel sharing platforms and would provide users and asset owners with more monetization opportunties. There is need some need for a custom token as the platform is an independent marketplace, however the same goals could be achieved via ETH.

Category Breakdown
Blockchain Development

Is blockchain technology essential? Does it make the solution significantly different and better?

2.0
N/A
2 - Some smart contract functionality.
Disruptive Blockchain Advantage

How disruptive is the introduction of blockchain technology into the product's market space?

3.0
N/A
3 - Potentially disruptive.
Need for a Custom Token (vs. BTC or ETH)

Is the token essential or could it be done just as well or better with fiat or Bitcoin?

2.0
N/A
2 - Some, mainly network effect.
System Decentralization (besides token)

How decentralized is the system architecture other than the token (e.g., data collection, storage, access, and use, or decision making processes, etc.)?

3.0
N/A
3 - Hybrid; decentralized as far as circumstances allow.
Contribution to Blockchain Ecosystem

How compelling is the solution's contribution to the evolution of blockchain infrastructure and economy?

2.0
N/A
2 - Meh, okay.
Use of Blockchain Score:
2.4

Whitepaper

The whitepaper is very well put together, professional and aesthetic, and provides a good mixture of media and textual explanation. The whitepaper is fairly long at 42-pages, but can be easily read and understood due to the amount of presented media. The whitepaper sections include: Introduction, Market Opportunities, the Crowdvilla Model, Token Sales, Asset Acquisition, Crowdvilla’s Token and Point, Point Generation Mechanics, the ICO, Competitors, the Technology, the Roadmap, Legal Structure, and Key Risks. The business plan and technology behind Crowdvilla are thoroughly and concisely explained. References are provided in footnote form.

Category Breakdown
Comprehensiveness

Does it cover the full scope of the problem and solution?

4.0
N/A
4 - Satisfactory coverage, well written.
Readability

Is it easy enough to understand?

4.0
N/A
4 - Easy to read and understand.
Transparency

Does it candidly describe and disclose where the project now stands, how much exists and how much still needs to be done, etc.?

3.0
N/A
3 - Basic honesty with some hype.
Business Plan Presentation

Does it contain a viable, comprehensive business plan?

4.0
N/A
4 - Clear, well thought out, realistic.
Technology Presentation

Does it present a well thought out technological architecture? Does it address implementational challenges?

4.0
N/A
4 - Clear, well thought out, realistic.
Whitepaper Score:
3.8

Roadmap

A basic roadmap is given on a monthly basis, starting with ‘Project Annoucement’. Critical obstacles lie ahead, with actual property acquisition and beta development/testing for the platform set to begin well after the ICO. The roadmap is vague and no descriptions are provided for the intermediate steps required to complete each milestone.
Important Milestones:
Jul 2016 – (REIDAO) Real estate tokenization project annouced
Jul 2017 – Expanision to Crowdvilla, tokenizing shared holiday homes
Oct 2017 – Crowdvilla structure validation (Legal)
Mar 2018 – Crowdvill (CRV) token sale
Jun 2018 – Start property acquisitions
Sep 2018 – Establish jurisdictional operation structure
Jan 2019 – Crowdvilla apartment booking beta launch

Category Breakdown
Concreteness

Is there a concrete and practical development plan (vs. just a conceptual vision)?

3.0
N/A
3 - An overall plan, major milestones stated.
Feasibility

Is the development plan realistic? Is it based on reasonable goals and timelines?

2.0
N/A
2 - Very ambitious.
Vision

Is there a larger, long-term vision?

2.0
N/A
2 - Riding the current wave.
Dependencies (services or capabilities)

How available, operational, or trusted are the other systems or capabilities on which the project relies?

4.0
N/A
4 - Available and trusted.
Current Position

Where is the project now, relative to its vision and plans?

3.0
N/A
3 - Getting there.
Roadmap Score:
2.8

Compliance

The CRV-token has intrinsic value through its planned usage on the Crowdvilla platform, allowing users to actively share benefits, earn rewards, and have ownership of holiday homes/hotels via a decentralized marketplace. The token’s main utility is as a tradable financial instrument, as it is used specifically for earning reward ‘Points’ and to buy and sell time to stay at various locations owned by the project.
The token smart-contract infrastructure will be fully completed well after the ICO, and actual site acquisition and a public alpha release will not occur until after the ICO.
Compliance is addressed with direct statements of AML & KYC Due Diligence and enforced with a registration whitelisting process and manual screening of all platform registrants. Also, Crowdvilla is partnered with Cynopsis Solutions for KYC (Know Your Customer) and AML (Anti Money Laundering)/CTF (Counter-Terrorism Financing) checks..
The legal review, disclaimer, and terms and conditions of the sale are detailed, professional, and thorough, aiming to absolve the company of any liability regarding the ICO and any problems that may occur, and providing a general statment that the tokens are not to be deemed a security.

Category Breakdown
Token Utility (value through usage)

How much use is there for the token itself (regardless of its value as an investment vehicle)?

2.0
N/A
2 - Minimal or contrived.
Token as Security (tradable instrument)

How valuable is the token as an investment vehicle or financial instrument?

2.0
N/A
2 - Primarily, with few additional rights.
Token/Smart-Contract Readiness

Is the blockchain infrastructure of the project ready for use? Is there a working prototype or MVP? How long until it is operational?

1.0
N/A
1 - Nothing yet, just an idea.
Attention to Compliance Issues

How much attention is given to compliance (via token and ecosystem design, token sale participation, etc.)? Is this issue addressed directly and coherently?

5.0
N/A
5 - Professional, audited.
Legal Review/Risk Assessment

What kind of legal documentation (reviews or agreements) and risk assessment are provided?

4.0
N/A
4 - Professional.
Compliance Score:
2.8

Company and Team

Crowdvilla has an established team with 4 employees and 4 advisors.
The core team has experience in business development, startups, blockchain development, real-estate, and tech development.
The advisors have backgrounds in legal and real-estate.
All team members have verifiable work experience credentials via LinkedIn profiles. The team members are not fully dedicated to the project; but are dedicated to similar and cooperative projects. The core members have previous experience with blockchain, cryptocurrency, or smart-contract projects and are relying on a previous project for the development of Crowdvilla.
Positives: The core team is well rounded and comes from substantial educational pedigree such as MIT and the University of Singapore.
Negatives: The members are not all fully dedicated to the project and no blockchain developers are currently part of the team.

Category Breakdown
Company Stage and Foundation

Is the company already established? Has it raised funds before? Is it mature?

4.0
N/A
4 - Established with some fundraising history.
Background of Lead Team Members

Do we know who they are? Do they have LinkedIn profiles? Do they have solid, relevant backgrounds?

5.0
N/A
5 - Accomplished, recognized.
Team Assembly and Commitment

Is a solid, fully committed core team in place? Do they have online (e.g. LinkedIn) profiles showing sufficient relevant experience? Is their participation transparent?

2.0
N/A
2 - Lacking in key areas.
Team Skill Set Relevance

Does the amount of talent and skill in each area seem to fit the project requirements?

3.0
N/A
3 - Correlated to project requirements.
Team Skill Set Balance

Is the team well-rounded (biz/tech/blockchain)? Is there sufficient talent and skill in all areas of required development?

2.0
N/A
2 - Somewhat skewed.
Company and Team Score:
3.2

Token Sale

Crowdvilla Token (CRV)
Phase 1 (25,000 ETH Goal)
Phase 1 contributors
1 ETH = 4000 CRV
Phase 2 (50,000 ETH Goal)
Phase 1 contributors
1 ETH = 4400 CRV
(10% Bonus)
Phase 2 contributors
1 ETH = 4000 CRV
Phase 3 (125,000 ETH Goal)
Phase 1 contributors
1 ETH = 4800 CRV
(20% Bonus)
Phase 2 contributors
1 ETH = 4400 CRV
(10% Bonus)
Phase 3 contributors
1 ETH = 4000 CRV
GOAL REACHED Phase (250,000 ETH Goal)
Phase 1 contributors
1 ETH = 5200 CRV
(30% Bonus)
Phase 2 contributors
1 ETH = 4800 CRV
(20% Bonus)
Phase 3 contributors
1 ETH = 4400 CRV
(10% Bonus)

Token Distribution (Crowdvilla) REDIDAO
Initial Token Sale 80% 20%
Future Token Sales 95% 5%

Social Media Presence & Following
There is little community engagment and reception.

Category Breakdown
Raise Amount Max

Is there a clear cap? Is the maximum raise amount modestly sufficient (as opposed to either greedy or insufficient)?

2.0
N/A
2 - Somewhat greedy or unrelated to plans.
Raise Amount Min

Is the minimum raise reasonable considering the development plan? Are there raise-amount dependent milestones?

2.0
N/A
2 - Only loosely related to plans.
Fund Allocation

Is fund distribution and allocation reasonable and justified?

1.0
N/A
1 - Not clear how funds will be used.
Token Allocation

Is the ratio of tokens sold to those kept reasonable? Does it prevent the company from having too much control?

1.0
N/A
1 - Obfuscated, or giving company control of market value.
Media Presence and Following

Is the sale being talked about in Reddit, Bitcointalk, Social Media, Medium, etc.? Is information available and accessible? Is there interest?

2.0
N/A
2 - Minor exposure and interest, or ambivalent reception.
Token Sale Score:
1.6

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