STOW IT provides an ingenious, efficient, and safe 0x Protocol marketplace solution to storage problems. STOW IT is set to transform the self-storage industry by incorporating blockchain innovation. The platform is a distributed stockpiling commercial center. It helps coordinate people that have additional space, for example, carports, land, and horse shelters with people that need stockpiling for vehicles, watercrafts, trailers, and RVs.
Additionally, it provides consumers with indoor, outdoor, and other spaces for renting and leasing for temporary or long-term basis. STOW IT handles all installment preparations and makes a consistent rental exchange supported by insurances and secure payment handling. The current platform also takes into consideration quick utility of the STOW IT Token.
How STOW IT Works?
Once the user connects with the service, he or she scans and examines the locale for empty areas to be leased. Once a space has been selected, the user connects with the host, requires permission for the place to be hired, and transfers payment to the host’s account on STOW IT.
Next, the user parks vehicles within that space. This is how simple and efficient STOW IT works. It allows indoor (garages, basements, sheds), outdoor and parking spaces to be leased for either a longstanding basis or for a limited period.
In addition, STOW IT utilizes demonstrated scaling strategies and the sharing economy to catch market share. This service takes into account everybody on STOW IT stage to associate with blockchain innovation and exchange tokens for USD without ever having to leave the platform to exchange tokens.
What Does the Consumer Benefit From STOW IT?
Conventional storage units are costly and some have bothersome locations. In some instances, the user has to involve in obnoxious contracts and agreements. On the STOW IT platform, the procedure is inexpensive, accessible, and involves no capacity for mistrust. The user feels at ease and can safely stow their vehicles away at their preference.
It is economical and budget-friendly than traditional storage spaces. The service not only benefits the user but also the host, who can dish out their income to provide comfort for themselves. The host not only picks terms and conditions, but also cost and accessibility of their vacant spaces. Host Guarantee provided by Stow It safeguards and shields the host. Listing out available spaces is free of cost.
STOW IT Tokens and OTT
STOW IT provides users with safe and electronic settlements, with the host keeping 96% of the payment. This innovation takes into consideration simple token usage and exchanging. One Click Trading Technology allows the consumer to trade tokens on the platform. It employs the use of a relayer API and API integrations. As soon as the consumer completes a milestone, STOW IT rewards with a token.
Going forward, the user either can transfer token to cash through OTT, or can trade tokens. Money related motivating forces prompt an expansion in the platforms liquidity, in bringing down churn rates, and an increment in the product’s steadfastness. Hosts and renters deserve and spend tokens when they lease a space, put up an advertisement for renting, review the product, achieve a milestone, or refer a service.