GOEUREKA: Improved Hotel Booking
GOeureka is a travel tech company utilising blockchain technology to make a hotel booking platform. Their mission is to decentralize the hotel booking sector and deliver bigger transparency by permitting hotels to directly connect with their customers. As a technology partner to hotels, GO aims to produce a dynamic digital expertise to users and eradicate the expensive commission structures imposed by on-line travel agents.
The expansion of on-line travel agencies is an excellent example of however new technology will disrupt the existing business. These on-line agencies have an enormous advantage over the conventional hotels since they’re able to provide customers with low costs and a lot of choices. However, it’s not all rosy for the online travel agency; the standard hotel sector is slowly adopting the online technology. However, these hotels are still insulant behind. they have to figure quicker. Otherwise, intermediaries that get them in contact with customers might begin making more money than them. The GOeureka team aim to provide one thing which will provide the hotel owners a foothold over agencies. To do this, they need determined to reinforce the prevailing loyalty programs with blockchain technology. The aim of the GO project is to utilize the blockchain to create a dependent relationship between hotels and customers. Hotels can maintain control of their brand whereas customers can get a lot of price at the same value.
GOeureka Vision and Mission
GO’s vision is to help hotels to focus a lot of resources on providing higher intrinsic price and services to tourists round the world.
The mission of GOeureka is to alter the hotel booking sector and supply higher transparency by permitting hotels to connect directly with their customers. OTA presently manages 70% of on-line bookings, this has an effect on hotel direct bookings and profit margins. OTAs sometimes serve unfavorable terms to the hotels, with parity level clauses and high commission rates. s
GO Tokens will be used to purchase merchandise and services on the GOeureka platform. GO Token users can enjoy discount rates, prizes and other added benefits. once you purchase the token you may receive a GO Token once the ICO result audit is complete. you’ll sell GO Tokens on the exchange in the nearest future or pay with them on Goeureka platform with higher price and better benefits.
The Hotel Booking Loyalty Programs OF GOeureka With The Blockchain
If a hotel needs to integrate the GO system, Go will provide an API where a hotel can link their inventory with the reservation system. there’ll be guides offered to the hotel’s IT department to create the integration seamless. Go also will integrate with the property management software package of a hotel via strategic partnerships.
The GO platform includes the following:
1) web site with booking and payment functionalities
2) Mobile application for customers and hotels to communicate directly.
3) A centralized database and server to store personality data (PII), client booking details, and data from hotels
4) Utilize Ethereum blockchain and smart contract to come up with decentralized GO Tokens and execute payout requests GO can store the PII, client booking details, and hotel data off-chain to avoid pushing up network group transaction fees and making certain the immediate execution of user activity.
GOeureka GO Token ICO Details
A total of one billion GO Tokens is going to be issued wherever one GO token = US$0.10. there’ll be a decreasing bonus distribution of GO Tokens upon meeting the hard cap or predetermined time, whichever comes first. whereas 30% will be the reserve pool for operative initiatives, funding marketing strategies, and different activities relevant to the expansion of the business. During private pre-sale, contributions are going to be accepted in US Dollar (USD), Singapore Dollar (SGD) or Ether (ETH). All contributions are going to be converted to ETH, live, at the prevailing rate. The Token Sale can last approximately 3 weeks.
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