ICO GOeureka — Blockchain Hotel Booking Platform

joecolern12 (7)in #ico • 6 years ago (edited)

Greetings to you all readers, in this article i will be discussing what exactly this brand new and pathfinding innovation GOeureka is all about and i will appreciate your standing by till the end.

In the modern internet space, more and more attention is paid to cryptocurrency investments and the investment market and Blockchain is becoming the cornerstone of modern innovation and has the potential to revolutionize the world. Recognizing this potential, we at GOeureka https://goeureka.io/ have assembled a professional team of budding entrepreneurs and seasoned investors to create an all-encompassing blockchain trading platform. Since cryptocurrency is designed for mainstream adoption, our platform will be a stop-shop for clients that intend to earn huge returns on investment. We will create a user-friendly system that incorporates both traditional markets and the blockchain based assets.

GOeureka Introduction?

GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform. Our mission is to decentralise the hotel booking sector and deliver greater transparency by allowing hotels to directly connect with their customers. As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents.

The growth of online travel agencies is a perfect example of how new technology can disrupt an existing industry. These online agencies have a huge advantage over the normal hotels since they are able to offer consumers low prices and more options.However, it is not all rosy for the online travel agency; the traditional hotel sector is slowly adopting the online technology. However, these hotels are still lagging behind. They need to work faster. Otherwise, intermediaries that get them in touch with customers could start making more than them. The GOeureka team thinks they may have found something that will give the hotel an edge over agencies. To do this, they have decided to augment the existing loyalty programs with blockchain technology.The aim of the GO project is to utilize the blockchain to create a symbiotic relationship between hotels and customers. Hotels will maintain control of their brand while customers will get more value at the same price.

GOeureka Vision and Mission

GO's vision is to enable hotels to focus more resources on providing better intrinsic value and services to tourists around the world.
The mission of GOeureka is to decentralize the hotel booking sector and provide better transparency by allowing hotels to connect directly with their customers.The thing that GOeureka teams want to know is to find a definite point to disrupt the domination of Online Travel Agencies (OTA) today. OTA currently manages 70% of online bookings, this has an impact on hotel direct bookings and profit margins. OTAs usually serve unfavorable terms to the hotel, with parity level clauses and high commission rates. Because of that As a hotel technology partner, GOeureka wants to try to maintain the hotel brand and their direct communication to customers so that customers do not misinterpret the price of the hotel.
With GOeureka you will no longer pay / search for hotels through OTA which will make you spend more money to book hotels. with GOeureka you can save more, and be more eager to find a hotel.
so you don't have to think long or doubt.
Another flexible way to facilitate users GOeureka, GOeureka will launch with a mobile application for iOS and Android. let users be easier and use their cellular phones.

This time I will explain the Tokens owned by GOeureka. GO Tokens is an ERC20 standard token that will be used to facilitate faster and cheaper transactions on the GOeureka platform.
GO Tokens will be used to purchase products and services on the GOeureka platform. GO Token users will enjoy discount rates, prizes and other value added benefits. After you buy the token you will receive a GO Token after the ICO result audit is complete. You can sell GO Tokens on the exchange in the near future or spend them on our platform with better value and greater benefits.

THE Hotel Booking Loyalty Programs OF GOeureka With The Blockchain

If a hotel wishes to integrate, the GO ecosystem will offer an API where a hotel can link their inventory with the reservation system. There will be guides offered to the hotel’s IT department to make the integration seamless. Go will also integrate with the property management software of a hotel via strategic partnerships.One issue that GO will solve is the disconnected loyalty programs. Today, every airline, car rental service, and the hotel will have its own loyalty program. This makes it hard for ordinary consumers to accumulate enough points to redeem for significant rewards.An integrated loyalty program powered by the blockchain is the future. Go will create an interoperable program that is powered by this technology. Users will have the option to convert the loyalty program points of a hotel in GO credits. With this system, loyalty points earned from a car rental service can be converted into GO credits. This can then be used to pay for a hotel room.

PRODUCT OVERVIEW

The GO platform includes the following: 1) Website with booking and payment functionalities

2) Mobile application for customers and hotels to communicate directly with each other

3) A centralized database and server to store Personal Identity Information (PII), customer booking details, and data from hotels

4) Utilize Ethereum blockchain and smart contract to generate decentralized GO Tokens and execute payout requests GO will store the PII, customer booking details, and hotel data off-chain to avoid pushing up network transaction fees and ensuring the immediate execution of user activity. GO will look to move its entire platform on-chain in the future, with the introduction of new blockchain technology (i.e., Raiden) that allows instant execution at minimal to no cost.

GOeureka GO Token ICO Details

A total of 1 billion GO Tokens will be issued where 1 GO token = US$0.10. There will be a diminishing bonus distribution of GO Tokens upon meeting the maximum cap or preset time, whichever comes first. While 30% will be kept in a reserve pool for operating initiatives, funding marketing strategies, and other activities relevant to the growth of the business. During the private pre-sale, contributions will be accepted in US Dollars (USD), Singapore Dollars (SGD) or Ether (ETH). All contributions will be converted to ETH, live, at the prevailing rate. The Token Sale will last approximately three weeks.

Distribution of Token