TOKEN SALE ENDS IN
Worth of STAY tokens
STAY Villa and Hotel is a property portfolio owned by FEP which is a real estate development company with core business in the development and management of mixed-use communities and commercial lifestyle real estate projects in Asia. We are proposing a new innovative way of implementing blockchain and smart home technologies in its property portfolio and increasing of such portfolio through initial coin offering of our STAY tokens. The funds received through this ICO will be primarily used to develop blockchain integration, smart home technologies and the acquisition of hotel and luxury pool villa properties and related land in Bali, Indonesia and also the development of these properties and technologies to provide a differentiated and unique travel experience for our customers and potential STAY token holders.
Key value propositions of this ICO presents valuable experience for travelers. Free Stays in all Far East Power Limited (FEP) portfolio villas and hotels equipped with quality Smart Home accommodation. Leverage Blockchain Technologies offered various services on site within FEP properties with Low Entry Commitment where STAY Token holders can rent our villas & hotels on a lower rate prices.
STAY token holders are entitled to stay for free in FEP properties by paying only the service charge. There is also a wide range of accommodation options available from a 3-star hotel to luxury pool villas to suit the needs of different travelers.T&C apply as explained on the Whitepaper.
All FEP properties are equipped with the latest advanced smart home technologies.For example, travelers staying in these properties can experience smart home assistants, smart door lock, smart bidet toilet seats, advanced temperature control, smart mirror, sensor water tap, ultrasonic washing, etc.
Services offered on site within FEP properties can be paid for using cryptocurrencies. On-site services, car rental,room services and guided tours etc can all be paid via smart contracts subject to meeting local regulatory requirements. These are FEP commitments to support the blockchain community and future development.
The idea of the STAY Villa and Hotel project.
White Paper and project concept approval.
Acquiring first property for STAY Token holder accommodation.
Development to the ERC-20-based token sales official website.
FEP plans to begin its ICO Presale on May 2018.
FEP will start the 1st stage of ICO Sale on June 2018, followed by the 2nd stage of ICO sale on Coming Soon 2018.
FEP will have 1-2 villas ready, and complete the renovation work in Q2 2018, so upon the completion of ICO and tokens distribution, STAY Token holder can start to book the villa right away for their accommodation. It has already identified a property in Uluwatu, Bali. Such that STAY Token holder can redeem their tokens for accommodation immediately after ICO
Various development and renovation work will commence once the properties are purchased and aim to start immediately after all related government approval is obtained.
FEP plans to add 2-3 villas to the portfolio every quarter until the initial phase of villa & hotel development as laid out in the project is completed. On a longer term basis, FEP will also uses its profits earned from operations to purchase more properties to add to the portfolio to cope with increasing demand.
Francis has over 10 years of experience in doing business in Indonesia. He has also got…
Sandy is the Property Founder & COO and is responsible for overseeing all…
Brian is the Marketing advisor of FEP. He is also the founder of Xprex Money Transfer and…
Andrew graduated from Khabarovsk State Academy of Economics and Law....
Junita is responsible for the day-to-day management and...
Wilson is responsible for the day-to-day accounting and finance operations of FEP. He is…
Rayner is the architect of FEP and is responsible for the architectural design…
Rusmini’s role is to handle customer enquiries and provide relevant support to our……