review TRAVELER.COM

ponetwo (26)in #traveler • 6 years ago (edited)

Traveler.com

is wholly owned by TripX, USA, Inc. a Florida Corporation, and is a consumer facing crypto-friendly
discount travel aggregation platform. Traveler.com offers lower prices on travel products and services to
consumers than traditional outlets through an internal real-time crypto to fiat exchange and use of the native
Traveler utility token (“TVLR”) on the site. TripX, Inc. is a Travel Technology Company launching a Blockchain for the
Travel Industry facing suppliers and resellers in the Travel Industry. Traveler.com will launch with an impressive
array of discounts that will offer significantly lower costs than other Online Travel Agencies (“OTAs” e.g Expedia,
Booking.com), and these offers will significantly improve and expand as more suppliers adopt the solutions
provided by TripX. Traveler.com evolves today’s $7.6 trillion global travel industry by accepting cryptocurrency
and including the use of its own TVLR token. Savings ranging from 15% to 50% are passed onto our corporate and
individual travel customers, securing future business and the most competitive travel market possible.
The rapid development of cryptocurrency and blockchain technology is impacting global industries at every level.
Yet the travel industry remains an area with vastly untapped potential. Approximately $390 billion per year is
spent by customers and companies on unnecessary fees and back office logistical inefficiencies across the travel
sector. Despite the existence of OTA’s, such as Travelocity, Priceline, and Expedia, higher costs continue to be
passed onto consumers by way of bloated margins and increasing hidden fees.
The expanding cryptocurrency market is now over $390 billion. As this new asset class becomes even more
widely adopted, a more sophisticated customer, eager to embrace new technologies and global experiences
through travel, has emerged. Research shows that between 2014 and 2016, coinciding with the cryptocurrency
industry’s exponential growth, the total global economic impact of the tourism industry increased to $7.6 trillion1
per year, or more than 1/102 of global GDP.

Introduction to the Travel Industry

Within the travel sector, consumer-facing travel sites are either supplier direct, such as airline and hotel company
sites, or Online Travel Agencies who resell this content and are known as OTAs. The two largest OTAs in the
world are Priceline and Expedia, two conglomerates spearheaded by their respective main brands which also
encapsulate many smaller travel websites and apps. The vast majority of these OTAs do not currently service the
cryptocurrency marketplace, and therefore fail to access a potential $390 billion market seeking a viable solution.
(In the rare cases where cryptocurrencies may be accepted for payments on a travel site, the user does not get
a discount or any other benefit. In fact, it is actually more expensive than simply using fiat, because when the
currency is converted to crypto, another fee is accrued in the process.)

Traveler.com recognizes this market as a substantial opportunity, not only due to its untapped potential, but
because the demographics of the typical digital traveler and crypto stakeholder align synergistically. Digital
travelers and crypto stakeholders present similar substantial opportunities to monetize, as seen in Table 1 below:

Travel Service Architecture

OTAs create contracts with hotels, airlines, car rental companies, and other travel service providers that lock
re-sellers into a rate parity agreement. The practice of maintaining rate parity, or “rack rates” for the same
product or service across all online distribution channels allows OTAs to conserve significant spreads over their
negotiated net rates with the suppliers.

However, most wholesale travel buyers who then sell into the B2B market within the Travel Industry usually
secure the same rates or lower, depending on their niche, as OTAs. There is massive wholesale aggregation of
these rates within these agencies and re-sellers. With the significant consolidation of the retail online markets
in favor of the largest OTAs, the consumer has been persuaded that the OTA rate represents the lowest
market rate. This rate will often secure margins of 25%-50% to the OTA. Additionally, the legacy systems of
travel distribution, The Global Distribution Systems (“GDS”) add cost layers. Perhaps more importantly, the
GDS business model contrains democratization of these true net rates, given the somewhat open reporting
mechanisms and the difficulty of negotiating a truly “private” rate when distributing via the GDS.

The Opportunity

Traveler.com will be the world’s first fair market travel platform optimized to accept cryptocurrency for hotel
bookings, flights, car rentals and other travel services with zero profit margin added on to the net prices customers
pay to the aggregator or supplier directly on current OTAs. Buyers of our TVLR Token will effectively be buying
travel at the lowest net prices negotiated by the smartest most aggressive wholesale buyers around the world.
These will include Priceline, Booking.com, HotelBeds, LBF, Miki, Tourico, GTA, HotelsPro, HotelUSA, RoomXML,
Zumata, Mystifly, SkyBird, AccessFares, TransAm, TravelFusion, Picasso, SkyLink and others. The proceeds from the
sale of the Token in the TGE will allow TripX to develop blockchain based solutions that will expand the supplier and
reseller base, bringing further value to the TVLR Token holders.

The proceeds from our TVLR token sales will enable the development of an innovative new blockchain for the
travel industry, sold as a SaaS (Software as a Service) to our travel industry customers

Our TVLR token sale enables

1. Exclusive significant discounts for TVLR token holders.

2. Improved offerings and content with more suppliers and resellers via direct contracts
and the best net reseller rates with no markup.

3. A secure platform for crypto-holders to spend on Travel Services, with an ever-
expanding array of Travel Services and Products, including Cruises, Luxury Tours and
Safaris and other premium products that are almost never discounted in the retail market.

Token Generation Event (TGE) Sale Ratios

Token

a. Type: ERC 20
b. Supply: 1,000,000,000 TVLR
c. Token is equivalent on the
TVLR website to $1

Token Allocation

a. Sold in the token Sale: 36.1%
b. Retained by Traveler.com:
34.4%
c. Token Sale Costs: 2 %
d. Sponsors, Advisors, Incentives
to Eco-System: 27.5 %

**Currencies Currently
Accepted **

BTC
ETH s
and other currencies through Changelly

Conclusion

Traveler.com is the world’s first crypto-focused travel services platform. By leveraging blockchain driven
technologies, Traveler.com will be able to offer steep discounts to users of its platform and holders of
its native TVLR token. All TVLR tokens purchased during our TGE will always be worth $1.00 each on the
Traveler.com site, preserving value for our customers. Traveler.com will target cryptocurrency holders by
offering instant exchange through its crypto payment widget, powered by TripX. This, along with the travel
services-facing blockchain payment network with Smart Contract integration, will establish Traveler.com
and the TVLR token, the only platform able to serve the over $390 billion crypto market and the only
payment network capable of serving the $7.6 trillion global travel market, as the gold standard for travel
services around the world.