酒店RWA新模型，让消费者变投资者，2万份权益发行锁定4000万流水

Application Scenarios - The solution is applicable to traditional hotel industry, especially for hotels facing issues like high asset investment, serious capital lock-up, poor liquidity, and a single membership system [1] - It aims to digitize and tokenize future revenue rights of hotels, achieving asset lightweighting, rapid capital recovery, and flexible circulation of user rights [1] Core Algorithms and Mechanisms - The asset packaging and issuance mechanism involves bundling hotel operational costs and revenues for a certain period (e.g., 5 years) into an "asset package" [3] - Limited digital rights certificates (NFG) are issued based on blockchain, with each certificate corresponding to a fixed amount (e.g., 2000 yuan per certificate), representing usage and benefit rights [5] - The profit-sharing rules and calculation model include a service fee of 10% on room rates for users using NFG rights [6] - Each NFG certificate's value is calculated as total hotel revenue divided by total issued NFG certificates, exemplified by a total revenue of 63.5 million yuan divided by 20,000 certificates, resulting in 3,175 yuan per certificate [6] - The annualized return calculation formula is provided, showing an example of an 11.75% annualized rate based on the increase in certificate value over 5 years [6] Problem Resolution - For hotels, the solution allows for the packaging of future revenues, enabling quick capital recovery (e.g., issuing 20,000 certificates can recover 40 million yuan) [10] - It reduces asset lock-up pressure, shifting towards "light asset operation" [10] - The design binds user rights to enhance repurchase and loyalty [10] - For users/investors, it offers low-threshold ownership of hotel asset shares (e.g., 2000 yuan per share) [10] - It combines consumption rights with investment returns, allowing for the transfer and appreciation of rights, breaking the traditional prepaid card "funds lock-up" dilemma [10] Design Rationale - The design is based on a trusted blockchain infrastructure (Tencent Cloud TBaaS), ensuring rights confirmation, transaction transparency, and immutability [11] - It digitizes asset revenue rights, aligning with policy advocacy for "digital transformation" and enhancing asset liquidity [11] - The dual rights design (usage rights + benefit rights) meets consumer needs while possessing investment attributes, expanding the user base [11] - The tradable rights resolve the rigidity of traditional membership cards, forming a secondary market and activating the ecosystem [11] Example Illustration - A hotel issues 5-year NFG rights, with each share priced at 2000 yuan, totaling 20,000 shares [12] - The hotel can recover 40 million yuan upfront for operational upgrades, while users become "co-investors," sharing in the hotel's profits [12] - Users can utilize their rights for 10 nights, with the hotel charging a 10% service fee on room rates, while also holding a benefit right to share in hotel operating profits [12]