This is a draft proposal to see if there’s any interest in pursuing the acquisition of a house in the Tuscan hills, run it as a self sustainable vacation rental (Airbnb style) with special access to CityDAO citizens and targeted both to tourists and digital nomads.
It will become a home in Italy for the NFT holders, while at the same time being financially independent, possibly even realising a profit for the DAO.
Trips Community is a DAO founded in 2017 with the aim to offer web3 alternatives to platforms like Airbnb and Booking.com
The community has over 20 years of experience in vacation rentals space and we are often on stage in international conferences to talk about Web3 in travel. The most recent ones are VRSW in Annecy, France and Hicon in Bologna, Italy.
We are VR experts, Hosts, Property Managers and guests.
We definitely know how to run a house, villa or apartment professionally.
Experimenting is our focus, and we have launched the first ever travel booking via NFT with a Villa in Spain and the first ever NFT hotel booking with a 5 stars in Venice, Italy.
THE HOUSE IN TUSCANY
Five of our members are also CityDAO citizens and crypto OGs (some from 2012)
We are perfectly placed at the intersection of web3 and hospitality to successfully run such an accommodation. Amongst our members there are people who have managed every kind of accommodation (from apartments to Villas) professionally for a long time.
Amongst as there are also professional real estate agents, and one of them has already found some examples of properties we may analyse (more below).
THE BUSINESS MODEL
On this draft we’ll keep it simple:
A house for tourists in the Tuscan hill: this is the part which makes it sustainable.
A house for digital nomads: this is a bit more experimental but our founder Luca De Giglio is the first known digital nomad in Italy (since 2001)
A house for CityDAO citizens: if you have the NFT, this is your house. Privileges will go from free nights to discounts, with the aim to keep it sustainable financially.
THE SOUL OF THE PROJECT
We want this to be a home for CityDAO citizens. Possibly the first of many, as we will take on our shoulders the task to test a model which may work elsewhere, run by other local communities. We will share the process with the DAO, and together we will try optimise for a great community.
At this stage, we have some options to look at. So take the following as real world examples, nothing more.
They have been selected by Daniele, a professional real estate agent working in Florence, Italy.
Here’s a few of the properties on the market, just so you get a feeling:
These properties range from 850,000 € to 1,600,000 €.
We have already verified and an US based LLC can own properties or companies in Italy.
E.g. Castelfalfi, previously a TUI property (the largest leisure, travel and tourism company in the world) and now belonging to an Indonesian group or Il Palagio, owned by Sting (the singer).
We will need to set up a local company of course and there’s some work to figure out the best approach, but we have our lawyers and there’s a lot of experience already in the field.
This is just to get the temperature check for the proposal, it is not in any shape or form complete!
We would like to spark a discussion, get questions, answer them and generally see what the community feels about something like that.
Proposal PDF (more complete)