TravelVee ICO (TRAVEL Token): Blockchain For Hotel Room Occupancy?

2018-10-23 10:34

What Is TravelVee?

TravelVee is a decentralized travel and tourism platform that seeks to solve the problem of unoccupied hotel rooms in tourist sites. The platform also seeks to grow the tourism industry by offering cheap travel packages hence saving tourists a good deal of recreation and travel expenses, which they could invest in new trips.

TravelVee will differentiate itself from other similar platforms in the tourism industry by enabling the customers to determine the prices of services offered. In addition, the customers, through the platform, can also highlight their desired terms and conditions that will guide their stay in the selected location and the hotels can use TravelVee to send in their offers for the customers.

How TravelVee Blockchain For Hotel Room Occupancy Works

While making an early booking, customers can specify their terms and conditions, which might include desired destination, country, sea, mountains, minimum requirements, internet, planned budget, and many others. Tourist facilities that fall under these conditions can make their offers within 24 hours, which will remain anonymous.

Once a customer selects and offer, the other facilities will be notified regarding the same. The selected facility will then automatically receive the whole payment for the service. In case the customer does not find any offer they are interested in, the facilities will be invited to make other offers.

Customers who have not made early booking will also benefit from the platform. TravelVee will utilize the fact that most hotels are rarely fully booked especially during the weekdays and enable customers to make reservations that will be processed within a day.

Room For Negotiation With TravelVee

Similar to the early bookings, the customer will input their terms and tour facilities will make their offers within 4 hours. The facilities such as hotels will have the opportunity to negotiate with the customers directly regarding the prices and terms.

TravelVee operates using the TRAVEL token. The token will be used by TravelVee users to make payments for the annual subscription fee, which is required in order to access the services on the platform. The TRAVEL token is also ideal for paying for the services offered by businesses on the TravelVee platform.

TravelVee Benefits Anonymity Of Offers

The platforms ensure that all offers sent to the users remain completely private to avoid interference of the transactions by other bodies and institutions such as banks or governments.

Bonuses And Discounts

There will be a rating system for active users on the platform. Active users will be rewarded using mile cards, which they can redeem for bonuses and discounts for any bookings they make on the TravelVee platform.

Fair Competition

TravelVee will create a situation where small companies have the opportunity to compete with the top industry leaders fairly while providing them with the necessary tools that they might require in implementing their objectives.

Cost-Efficient

Tourist facilities can negotiate the prices and the terms for the bookings through the TravelVee platform without incurring any additional fees or commissions, which will subsequently reduce the operating costs for the hotels and eventually reduce the total amount the customers will pay.

TravelVee TRAVEL Token ICO Details Parameters Of The ICO Token: TRAVEL Token Protocol: ERC20 Token sale date: 15 November – 15 February 2018 Accepted currencies: ETH Soft cap: 5,000,000 USD Hard cap: 30,000,000 USD

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