Stayabit Token Sale — Building a Global Housing Ecosystem

2 min readSep 18, 2017

Stayawhile is the first company to combine blockchain-based utility tokens and furnished apartment rentals to create a global real estate ecosystem for an international clientele.

Stayawhile is a global network of furnished, branded, designer apartments in major cities around the world. We are already operational in New York City and Boston, and will open in Philadelphia this month. It is our ambition to create a new category — branded medium-term housing — and to become the global leader with hundreds of thousands of branded apartments across the globe.

Foreign nationals typically encounter difficulty renting apartments in markets where they do not own assets. Institutional landlords generally prefer not to rent to international clientele since it is difficult to assess their creditworthiness or to seize their assets when they are held in overseas bank accounts. By launching the Stayabit token, the company will eliminate many of these obstacles and enable international customers to move seamlessly around the world between the ever-expanding network of Stayawhile apartments, creating more of a world without borders.

Stayawhile is based in New York City and so is our development team. We are led by an experienced management team with a depth of experience in real estate, hospitality and technology development. We are laying a foundation for rapid, global expansion. We are being advised by the law firm of Debevoise & Plimpton for the token sale.

Stayabit (STAY) tokens will be sold starting at a price of $1 per STAY token during the sale, which will open on November 9, 2017 at 11:00 AM EST and run through December 11, 2017.

The first Stayabits sold will be offered at a deep discount.