Overview

  • Country United Kingdom, Vietnam
  • CategoryTravel & Tourism/ Travel Booking Marketplace

Travala.com is a travel booking marketplace for Hotels, Tours & Property Exchanges.

Project stage

Prototype

Detailed description

Current online platforms have such power over vendors they issue an average of 30% fee on each booking (In some cases we have seen up to 50% fees). Due to the dominance of the key players, it’s hard for vendors from small to large groups to go elsewhere, until now. 

Travala.com provides a user-friendly booking and exchange platform utilizing the NEO blockchain. The platform will be beneficial for vendors, offering them considerable lower costs to use the platform. Thus, allowing vendors to set a lower price for consumers but retain a higher profit they are entitled to. The platform will provide a transparent, safe and non-influential environment for consumer something which we haven’t yet seen within the industry.

Travala.com will be developed as a decentralized application and web-platform that allows us to move away from the common treats which are presented within the industry at the current moment. 

Travala.com aims to be the most transparent, secure and safe system for booking and purchase of all aspect of the travel and tourism sector.

Problem

Travel & tourism generated approximately $7.2 Trillion (9.8% of global GDP) in 2016. Online booking covers a majority of the revenues with 76% of those bookings taken online. However, in this situation, the 76% of online booking often go through one the big 5 intermediaries dominating the industry, collectively setting high percentage booking fees. In turn reducing and slowing the development of these businesses. Due to the lack of change over the last decade within online booking platforms, this presents an opportunity for utilization of the blockchain within the industry.

Current online platforms have such power over vendors they issue an average of 30% fee on each booking (In some cases we have seen up to 50% fees). Due to the dominance of the key players, it’s hard for vendors from small to large groups to go elsewhere, until now.

Solution

Travala.com solves the issues stated above by creating an innovative decentralized application and web-platform which utilizes the NEO blockchain to bring:

  • Speed to transactions incorporating instant transactions between users - Instant transactions over the NEO blockchain 1,000 TPS (Transactions Per Second).
  • Safety to booking in case of disputes or discrepancies - we will offer a dispute option within each booking made via Concierge.io platforms. (Evidence of the issue within the booking/service would need to be presented and both parties must respond in due time to come to an agreement about the issue).
  • Transparent and accurate reviews (Blockchain doesn’t allow reviews to be manipulated or edited so there’s always honest feedback from genuine customers).
  • Peer-To-Peer communication between vendor and consumer (Concierge.io are the first to market within the travel industry utilizing the Peer-To-Peer function).

Features

Instant Booking Functionality
Utilizing the blockchain allows bookings to be made instantly and have live updates on availability on listings across the marketplace.

Seamless Intergration
Integration across both web and application platforms, ease of integration of listings on current marketplaces to the concierge platform, with an advertising option for vendors.

Blockchain and Marketplace
This enables concierge to build a strong shared economy & ecosystem allowing all users the benefits of using both fiat and crypto currencies.

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : AVA
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 45,000,000 AVA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :NEO (NEP-5)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :61,571,086 AVA
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :650,000,000 AVA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :NEO,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Main Sale — Ended
      31 Mar 08:00 UTC
      21 Apr 09:00 UTC
      0.35 USD 5% - 25% 1 NEO - 250 NEO Uncapped 45,000,000 AVA
      Pre-Sale — Ended
      14 Feb 08:00 UTC
      14 Feb 12:30 UTC
      0.00098 NEO 17.5% - Uncapped Uncapped
      Whitelist-Sale — Ended
      13 Feb 08:00 UTC
      13 Feb 11:00 UTC
      0.00091 NEO 33% 1 NEO - 250 NEO Uncapped Uncapped
      Main Sale

      0 to 3 Hours: 1 CGE = USD 0.2625 (25% Off)

      3 to 6 Hours: 1 CGE = USD 0.2975 (15% Off)

      6 to 12 Hours: 1 CGE = USD 0.3325 (5% Off)

      12 Hours Plus: 1 CGE = USD 0.35

      Read more about vesting and bonus
      • Team

        • Adam Chaplin photo
          Adam Chaplin
          CEO & Founder
        • Steve Hipwell photo
          Steve Hipwell
          CMO & Founder
        • Matthew Lopez photo
          Matthew Lopez
          CIO, CFO & Co-Founder
        • Cong Nguyen Van photo
          Cong Nguyen Van
          Technical Project Leade
        • Slava Korobeynikov photo
          Slava Korobeynikov
          Blockchain Product Manager
        • Alexander Tsoy photo
          Alexander Tsoy
          NEO Blockchain Engineer
        • Dung Anh Trieu photo
          Dung Anh Trieu
          Certified Blockchain Expert
        • Duong Thanh Tung photo
          Duong Thanh Tung
          Technical Project Manager
        • Anh Le Duc photo
          Anh Le Duc
          Senior Developer
        • Tuan Dang Thanh photo
          Tuan Dang Thanh
          Blockchain Engineer
        • Hoa Pham photo
          Hoa Pham
          Backend & Blockchain Dev
        • Hanh Truong Thi photo
          Hanh Truong Thi
          Quality Assurance
        • Tam Nguyen Thanh photo
          Tam Nguyen Thanh
          Creative Designer
        • Andy Nguyen photo
          Andy Nguyen
          Blockchain Developer
        • Tony Bui photo
          Tony Bui
          Technical Liason
        • Lee Kai Maikel Lee photo
          Lee Kai Maikel Lee
          Community Manager
        • Jesley Hoeksema photo
          Jesley Hoeksema
          Community Manager
        • Willem Leistra photo
          Willem Leistra
          Willem Leistra
        • Jeff Kuyken photo
          Jeff Kuyken
          Community Manager
        • Ha Tran photo
          Ha Tran
          Executive Assistant
      • Advisors

        • Matthew Lopez
          Senior Project & Investment Advisor
        • Anders Larsson
          Senior Blockchain Advisor
        • Juan Otero
          Senior Business Advisor
        • Joakim Holmer
          Senior Technical Advisor
        • Sarah Kozlowski
          Blockchain Business Development Advisor
        • Debbie Ward
          United Kingdom Business Advisor

      Roadmap

      • Q2 2017 - Q4 2017
        • Founders of concierge meet to confirm ideas around decentralized travel platform.
        • Founders meet with developers and initiate the start of the decentralized application and web platform build.
        • Token is tested and ready for release.
        • White paper has been completed, published and sent out to specific investors, ready for marketing.
        • Whitepaper available in Chinese.
        • Sale website optimised
        • Web platform and application designed around user accessibility.
        • Concierge.io whitepaper release
      • Q1 2018
        1. Pre sale initiating continuing to the main-sale over a 2-month period
        2. Defining and initial development the back-end structure of the Concierge.io platform
        3. UI design and initial development of front-end of application and website platform.
        4. Hire vital employees:
        • Blockchain developers
        • Front-end developers
        • Back-end developers
        • Sales and marketing employees
        • iOS and android developers & web developers
      • Q2 2018 - Q3 2018
        • Rebranding of Concierge.io and CGE to Travala.com and AVA Token
        • Listing AVA token on exchanges (Approximately 1-month after Main-sale concludes)
        • Integration of platform in line with blockchain including fiat and cryptocurrency payment methods.
        • Peer-to-Peer chat option and amalgamation of AI-based dispute system development
        • Beta testing
        • Release of Travala.com beta application and web platform Release Hotel bookings on the platform
        • Launch industry promotional activities developing partnership with key hotel and resort chains
        • Further development of platform and releasing V.1 of Travala.com
      • Q4 2018

        Research of expansion of Travala.com into different regions after initially starting in south east Asia and Australia (Regions will be chosen based on estimated speed of adoption)

        Partnerships with blockchain identity security platforms ensuring privacy with direct chats and within the payment system

        Release Tour bookings on the platform

        Press release around the tour options and reach out to key tour providers

        Release V.2 of the Travala.com platform updated now offering tour bookings

      • Q1 2019 - Q4 2019
        • Partnerships with universities and other educational institutions upholding youth development in forms of internships with yearly positions available within Travala.com
        • Release property exchanges onto the platform
        • Press release around the property exchanges
        • Release V.3 of the Travala.com platform updated now offering property exchanges
        • Advancement into other regions such as Europe, North and South America
      • 2020 - 2025
        • Research into other areas within travel which Travala.com could bring benefit to
        • Analysis and research areas of travel available on the Travala.com platform. (Such as; Taxi bookings, Rent-a-car, Boating charters)
        • Develop augmented reality (AR) and virtual reality (VR) into the system for browsing purposes of consumers
        • Launch in multiple areas within travel (Such as; Taxi bookings, Rent-a-car, Boating charters) – Market analysis will justify which area to enter in what region first.

      Activity