TRIPBIT ICO
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The Smart Cryptocurrency for Travel
PRE-SALE START: 21 MARCH 2018
Disrupting the 7.6 Trillion Dollar Travel Industry with Blockchain
Travel & Tourism is one of the worlds largest industries, contributing an impressive 7.6 trillion US dollars to the global economy in 2016. This massive industry predominately operates through fiat currency and hence is subject to an array of problems including extortionate foreign exchange rates, transaction delays, and double bookings. So, let’s bring efficiency, low fees, and trust to the Travel & Tourism industry with blockchain technology.
Global Travel Platform
TripBit will build a platform that will indeed revolutionise the Travel & Tourism industry with blockchain. TripBit will create an ‘All-In-One’ solution by integrating three core businesses – Flights, Hotels, and Events, into a single platform running on blockchain technology. By integrating Flights, Hotels, and Events services into a single platform, travellers will not have to waste time navigating a plethora of websites searching for the best deals, and hence TripBit can be considered an “All-In-One” solution while aiming to provide the cheapest prices available on the market with blockchain technology. Additionally, TripBit will continue to seek to expand its services, with tour, itineraries, airport pick-up and delivery, and car rental services at the top of their list.
Dapp P2P Marketplace
TripBit will also build a second platform, one that will offer a market for travellers to buy and sell their tickets, this will be available through a Decentralised Application (Dapp) powered by the Ethereum blockchain. This Dapp will be a Peer-to-Peer (P2P) marketplace to facilitate the decentralised transaction of tickets related to travel (i.e. events, tourism, etc). The purpose of this platform is to empower ticket holders who would otherwise not be entitled to a refund, and those who desire to resell and purchase discounted tickets with no intermediaries, while still maintaining security and of course minimal fees and instant transactions due to the underlying blockchain technology.
The TripBit Token (TBT) and Other Payment Options
In order to fuel the TripBit platform, TripBit will be launching the TripBit Token (TBT) as a new from of currency. However, payment options are important because not everyone owns cryptocurrency. In recognition of this. TripBit will hence cater to both cryptocurrency and fiat payment options, maximising its target market and revenue streams. All major currencies will be supported on TripBit including TripBit Tokens (TBT), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and fiat (USD, AUD, EUR, GBP, etc). Through this business model, TripBit will also contribute to the mass-adoption of cryptocurrency by exposing everyday travellers to the benefits of blockchain technology as a form of currency.
Join the Revolution
TripBit has already begun its journey in revolutionising and disrupting the Travel & Tourism industry, having already partnered with AAR Consulting Group and JT Pratama Tour and Travel. TripBit seeks to accelerate its growth through its partnerships with airlines, hotels and events management firms by providing a larger range of places where TripBit tokens can be redeemed for goods and services, whilst increasing TripBit’s own offerings. TripBit is positioned extremely well to take advantage of and disrupt the 7.6 trillion-dollar travel and tourism industry, and is a quality ICO that I recommend everyone take a look at before it sells out.
ICO Schedule
TripBit’s ICO Pre-Sale starts on the 21st of March 2018 and ends on the 24th of April 2018. The main sale starts 1st May 2018 and ends on the 3rd of July 2018. You can participate in the ICO with ETH, and for more information about the ICO please refer to their whitepaper available at: http://www.tripbit.info/
Join TripBit on its journey to revolutionise the Travel & Tourism industry!
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