Plano Rewards
Your home earns rewards you can use to stay anywhere for free.
A membership program that manages the usage of fractionalized real estate. Each asset fraction will issue rewards points that can be exchanged for nights in the home, or other homes within the network.
What Plano Rewards is
Think of Plano Rewards as being a little like a timeshare system, but built for the blockchain. Plano Rewards is different in key ways that incentivize ownership and put you in control;
You are a creator You can create a fractionalized asset and contribute it to the program. Creators earn ongoing curator fees.
You are an owner You can buy a fraction of a property and become a fractional owner. Owners directly benefit from the capital gains upon sale.
Ownership earns rewards Your fraction of the property automatically earns you LANO rewards tokens, in proportion to the fraction you own.
Rewards can be used to stay The rewards tokens you earn can be exchanged for nights in any property within the network.
How can I use the rewards I earn?
Rewards are paid in LANO tokens. Once you start earning LANO, you can use it to book nights in your home or others within the network. Each home has an availability calendar that shows what nights you can book and how much LANO is required to secure the night.
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Stay in your home
Your rewards go further in the homes you own with perks such as discounted nights, priority booking, early access and more.
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Stay around the world
With Plano Rewards, you have membership access to some of the best homes around the world. Just book them and go.
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Trade your rewards
You can trade rewards on an open market. That way if you don't want to use your rewards, you can sell them to others that do.
Got questions about Plano Rewards? We have answers.
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Absolutely. This is the whole idea of rewards tokens. Earn rewards from your ownership in a property and use them anywhere in the world at eligible properties.
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A night may be designated as High Demand (or not) by majority vote by owners of a property. High demand nights require more rewards tokens to book a stay.
Each property can also utilize an auction system that is designed to provide a fairer system of allocation of High-demand nights than “First come first served”.
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Your home can be rented long term or via a vacation rental platform. Plano is building features to allow seamless calendar integrations that will allow guests to book stays using either a rental platforms or a rewards token.
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Rewards tokens will be traded on decentralized exchanges where they can be bought or sold.
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An owner can sell a property at any time, irrespective of any rewards they held or have used on future bookings.
Future bookings will be honored by the new owner of the property. In this way you can still stay at "your" home, even after you sell it!
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Deed NFTs are configured to automatically issues rewards tokens to owners. If the property has been fractionalized, these rewards are distributed between fractional owners in proportion to their share of ownership. If you need more rewards than what you have, you can buy then on an open exchange or through Plano.