Quickstart
What is AuraBnB and Why Are We Here?
1.1 Defining Aurabnb
AuraBnB is an ambitious project aiming to create a decentralized, community-owned network of unique vacation properties. Unlike centralized platforms like Airbnb or Vrbo, where a corporation controls listings and profits, AuraBnB leverages blockchain technology to empower its community. By holding AURA tokens, individuals can co-own a decentralized real estate trust, vote on platform decisions, and share in the revenue of the trust generated by these stays.
Core Concept: Think of AuraBnB as a collective where the community—not a single entity—owns and governs exceptional vacation experiences.
Current Status: We’re pre-construction, with no properties built yet, focusing on token distribution and planning our first property, the Guayabo Glass House.
Official Site: Dive into the basics at www.aurabnb.io.
1.2 The Problem We’re Solving
The vacation rental market is massive and growing. According to Statista, the global short-term rental market was valued at $797.7 billion in 2023 and is projected to reach $3.1 trillion by 2035. However, this growth comes with challenges:
Solving Cross-Border Investments in Real Estate: Buying property across borders has historically been a headache—legal hurdles, currency issues, and regulatory red tape often stand in the way. Aurabnb changes that by using blockchain technology to streamline international transactions. This decentralized approach breaks down barriers, allowing investors from anywhere in the world to effortlessly participate in global real estate markets. Whether it’s a villa in Bali or a chalet in the Alps, Aurabnb makes cross-border investing simple and seamless.
Providing Liquidity for Real Estate Investments: Real estate is notoriously illiquid—once you’re in, it’s hard to get out quickly. Aurabnb solves this by tokenizing properties, turning physical assets into digital tokens that can be traded easily on a blockchain platform. This means investors can buy and sell their stakes in properties as effortlessly as trading stocks, giving them the freedom to move in and out of investments whenever they choose. No more waiting months or years to cash out—Aurabnb brings fluidity to a market that’s long been stagnant.
Allowing Ownership of Small Portions of Favorite Stays: Owning a vacation home is a dream for many, but the cost often makes it unrealistic. Aurabnb makes this dream attainable through fractional ownership. By dividing properties into tokens, it lets people own small shares of their favorite stays—like a beachfront bungalow or a mountain retreat. This lowers the financial barrier, opening up real estate investment to a wider audience while adding a personal touch: investors can own a piece of the places they love to visit.
Lack of Ownership: Hosts manage properties but don’t own the platform, and guests have no stake beyond their bookings.
Environmental Impact: Many listings prioritize profit over sustainability, clashing with the values of eco-conscious travelers.
Centralized Profits: Larger Platforms take significant cuts (up to 20% per booking), leaving hosts and guests with less value while profits concentrate at the top.
Aurabnb reimagines this model by:
Sharing Wealth: Profits flow to AURA token holders, not a corporate board.
Empowering Users: Community members influence what gets built and how it’s run.
Going Green: Every property will adhere to strict sustainability standards.
Reference: Explore market trends at Statista Travel Market Report.
1.3 Our Vision
We dream of a world where travel isn’t just transactional but communal. AuraBnB aims to build a network of extraordinary stays—think glass houses in jungles, treehouses in mountains, or eco-villages by the sea—owned and governed by a global community. We’re starting small, but the vision is vast, and every step is transparent. We’re not just building vacation homes; we’re creating a decentralized ecosystem called Airscape—a global network of community-owned stays. Starting with one property, we aim to scale to dozens, each reflecting the community’s values and creativity.
Trust-Based Model: Your AURA tokens represent a fractional stake in the trust’s entire portfolio, not a deed to a specific house. This spreads risk and reward.
Growth Potential: As the trust acquires more properties, your stake’s value and influence grow without needing to buy more tokens.
1.4 The Product Requirements Document (PRD)—Our Blueprint
The PRD is the evolving technical and strategic roadmap guiding AuraBnB’s development. It outlines current capabilities, future features, and how community input shapes the platform over time.
Current PRD (2024):
Token creation and distribution on Solana.
Basic website and community tools (Discord, X).
Fundraising mechanics via liquidity provider (LP) rewards.
Future PRD Milestones:
2025: DAO voting interface, trust framework design.
2025: Booking system for trust-owned properties, revenue distribution smart contracts.
2026: Airscape integration—multi-property management, real-time financial tracking via Prasaga blockchain.
See our PRD here
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