The emergence of online travel agencies came up in order to leverage on new technologies, thereby discarding existing ones. Consumers are at a higher advantage to reaping numerous benefits. However, there exist some businesses that still make use of the traditional booking methods. There is a likelihood of those businesses to be left behind, because growth is essential for any business to advance to be able to serve the public better. therefore, there is a need for traditional institutions to evolve by embracing the Online travel agency model. This is why Goeureka[GO] platform is essential. The Goeureka platform makes use of blockchain technology in order to leverage on the potentials in the hotel booking industry by creating an unbiased and transparent way for hotels and customers to enjoy unprecedented values. There is a heavy reliance of hotels on OTAs as a way of increasing sales rather than a way of clearing unsold inventory as it was initially.
GOeureka Platform In Focus
GOeureka provides an efficient, affordable and safe platform for hotels and customers to leverage on the commission free loyalty programmes it offers. The GOs platform also engages the community by making it possible for developers and the public to propose new ideas for the platform. GO also introduces a value added service that enables customers to obtain the best values for room whenever a booking is done. Transparency is a major factor in the blockchain business and GO recognises this by ensuring accountability on its platform. GO proposes a loyalty programme through the use of blockchain technology that would be mutually beneficial to both the hotels and the customers through the promotion of the hotels loyalty programmes through the conversion of hotel loyalty points into GOs credits that can be used on the platform. The GO app is another innovation which operates using GOs smart contract. it would serve as a medium of communication between the platform and the blockchain. All transactions are sent to the smart contract and stored in the blockchain, thereby eliminating the use of middlemen. The GO token is a virtual currency used to facilitate transactions on the GO platform for the purchase of rooms and hotel services. it is awarded to initial contributors during the token sale and can be traded on exchanges in the future or spent on the GO platform.
GO TOKEN SALE
The GO token sale which will be launched on the first quarter of 2018 will be in three phases via private presale, public presale and tokensale. A total of 1 billion GO tokens will be issued at a price of US $1.10. The tokensale will last for three weeks. During the private presale, contributions will be accepted in US dollars, Singapore dollars and Ether. The first round of private presale, will be held one month prior to the token sale with a minimum contribution of US$50,000 each.
ROADMAP
Conclusively, the GO platform, is a mutually beneficial platform that brings immeasurable value to hotel owners, and customers in general. The GO team will use 65% of the ICO fund for marketing initiatives. This goes a long way to show much value is placed on community awareness.
Sources:
Website: https://goeureka.io
Whitepaper: https://goeureka.io/static/files/GOeureka-rev.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3382526.0;all
Telegram: https://t.me/goeureka
Twitter: https://twitter.com/goeurekatravel
Facebook: https://www.facebook.com/goeurekatravel/
Reddit: https://www.reddit.com/r/GOeureka/
Author: jpnl0002
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1842812
Eth wallet: 0x62Ab455EE811aDcCbBE4C64ac194a93bA2AC3732