Toorcoin: Decentralizing Tourism Industry

Staying at a particular spot is such a boring activity. Most times, we take time off our busy schedule and go on holidays. Though many merely relocate from their present abode to another, they merely changed scenes.

Traveling is one hobby most people derive pleasure in doing. The transportation industry is one out of many sectors that bring much revenue to the world economy. Most countries of the world are looking for ways to increase their GDP.

Transportation and tourism work hand-in-hand. Though you might jet out to another continent on business meeting, you’ll surely take out time to visit choice locations. At the moment, the travel and tourism industry contributes roughly $7.6 billion USD to the global GDP. Likewise, evolution in the cyber space have opened up ways of booking your travels online. This system currently processes about 50% of travel bookings with an estimated 1.2 billion people traveling out their countries each year.

Bottlenecks

The industry does not go without issues. Most times, tourists have hectic times scanning through available locations. At other times, exchange differences emanating from the tourist’s home country’s currency and the other deeps a huge hole in the tourist’s financial pocket. Another downside here is hidden charges. Tourists are often charged exorbitant rates when they transact in visited destinations.

Introducing Toorcoin

Toorcoin was developed to become a coin solution to traveling and tourism. In a traditional system where fiat currencies’ values differ by locations, it is highly important to have a solution such as Toorcoin around.

Because traveling and tourism likewise demands huge financial commitments, Toorcoin aims at making your holiday memorable. It hedges issues that might from cross-location fiat currency exchanges.

Platform

Toorister is the platform for tourists and travelers alike. You can easily port to the platform and sort out your travel modalities in real-time. Toorister reduces the hectic hours you’ll deploy in surfing the web for tourist sites. On the platform, you can easily check the cost of your travel, the best locations and tourist venues.

The platform also provides users with itineraries that specify what a tourist site looks like. The interesting thing here is you’re given the average time to access such sites. Toorister’s itinerary platform is a better way of reducing time spent. With Toorister the tow core problems faced by travelers/tourists – duration and location will be solved. You’ll get access to view choice locations and in real-time also.

Toorcoin - a Token for many Use Cases

Toorcoin will feature in many scenarios on the platform. It’ll be used in travel marketplace and travel forum tipping scenarios. For the former, third-parties can make their services known. Tourist can then determine which advertise or travel agent meets his pain points.

Toorister has a travel forum where connections are made between tourists and travel agents. Here, tourists can ask their questions and get answers. The idea here is to reward a tooristers (traveler) for their services. Travelers are prone to getting confused on their planned trip. With this service, a traveler/Toorister can ask questions bothering on his travel and might choose to reward someone with valuable information with the Toorcoin.

Token Economics

Toorcoin is the official token/coin of this platform and will be used as incentive. It is hinged on the Ethereum blockchain and is founded on the ERC20 token standard. There will be no Initial Coin Offering (ICO) for this project. Instead, it will pre-mine its tokens in anticipation of further development of the platform.

Token Distribution

Staking Pool Reward: 82%
Pre-Mine: 13.5%
Advisors and Team: 4.5%

Token Sales Information
Ticker: Toorcoin
Platform: Ethereum
Standard: ERC20
Total Supply: 100 million
Exchange Rate: 1 Toorcoin= $1.25 USD
Country of Registration: India

For more information, please visit:

Twitter Account: https://twitter.com/toorcoin
Telegram Group: https://t.me/toorcoin
BitcoinTalk : https://bitcointalk.org/index.php?topic=3478302.0
Github: https://github.com/toorister/toorcoin
Reddit: https://www.reddit.com/r/Toorcoin/
Website: www.toorcoin.com
Medium: https://medium.com/toorcoin
White-paper: https://toorcoin.com/Toorcoin_Whitepaper.pdf

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