In the middle of the previous century in Western Europe appeared a new form of ownership – timeshare. This scheme involves collective ownership of real estate, where each owner can use it during certain periods of time. Timeshare appeared due to the crisis which was during that time when people couldn't buy homes or take a loan to buy it.
Eventually the situation normalized, but this form of ownership exists even today. Today's timeshares are found practically all over the world.
However, timeshares have some other features which are not so positive:
▪️ There may be no free weeks at the right time.
▪️ The property requires annual investment, even if you are not going anywhere.
▪️ Investments in such real estate will pay off not soon.
However, with the advent of decentralized databases, negative factors can be leveled. The company GO CUBO LODGE CLUB (GO CLC) has developed a new unique concept of development of rental housing market – it is based on attracting potential guests to the management of the housing.
Mobile homes CUBO are used as real estate objects, which differ in comfort and relatively low cost – it is supposed to create a network of rented housing and involve a virtual community of users in its management.
This approach allows potential customers:
▪️ To determine the optimal location of the mobile home by voting (if necessary, change it).
▪️ To track its availability online.
▪️ To monitor the condition of the property.
However, members of the CLUB gets another undeniable advantage-the right to a comfortable stay anywhere in the world, where there are CUBO houses. In contrast, none of the classic owners of the timeshare accommodation is unable to move it according to his wish.
For interaction of CLUB members GODEX platform is created, which is functioning on the basis of Ethereum smart contract. To participate in the community, the interested person acquires the tokens of the CLUB, which is equivalent to the payment of membership fees. However, unlike offline clubs, these contributions are paid one-time.