All you need to know is that with the problem that is currently occurring by the hotel ordering party that is detrimental to the Buyer at a very high tariff price compared to the original price of the hotel. the lack of transparency that causes prices to be higher than unfair commissions for OTAs which ultimately reduce hotel margins and increase prices for consumers or hotel reservations.
Abandoned hotel loyalty programs that can make consumers lose points and then free hotel prizes. And the last problem, the search for bias generated through search results that are modified and rearranged in OTA ultimately determines the choice and value of consumers. With that also the great leaders or teams armed with very much experience provide solutions for the ordering parties who have felt disadvantaged by the number of third parties who take advantage by harming consumers or ordering hotels.
The first is the impact on hotel bookings from online travel agents that dominate the sector, pushing up to 70% of all online bookings.
Second, high commissions generate OTAs that charge hotel fees of 15-30% of the commission, affecting hotel margins.
Third, the lack of access to increase OTA dominance limits hotel access to consumers looking for hotels.
GOeureka is a platform or application that allows you to rent hotels that are equipped with the best features and advanced technology of today.
Goeureka can also be called a travel technology company that uses blockchain technology to build a hotel booking platform.
Because the mission or purpose in its form is to decentralize the hotel booking sector and provide better transparency by allowing hotels to connect directly with their customers. As a technology partner for hotels.
The GOeureka team thought they might have found one thing that might give this building a handle on its agency. To do this, the GOeureka (GO) platform uses blockchain technology to position itself as an unbiased and clear technology partner for hotels, a dynamic ancient loyalty system, and provide additional prices for all or all hotels and their customers. The main features of GOeureka Platform GOeureka are designed for various devices and are easy to use. Project-made intelligence quickly found hotels that met shopper’s wishes consistent with the parameters given. A user will determine any criteria of choice, as well as costs for accommodation, food selection and choice of rooms, views from windows, etc. They make an effort to make vacation tourists as comfortable as can be achieved.
GOeureka Hotel Booking Loyalty Programs 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 requestsGO 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.GO will host a first-round private presale one month prior to the Token Sale with accredited investors, with a minimum contribution of US$50,000 each. Interested parties are welcome to whitelist with GO to join this round of fundraising. Contributors of funds raised during this period are entitled to bonus distributions of 30%. The maximum cap during this round is 150,000,000 GO Tokens and will close two weeks before the Token Sale. If the maximum cap is not reached during the private pre-sale, it will be opened to the public, with a minimum contribution requirement of US$1000 (equivalent ETH value). There will be a 15% bonus distribution during this round. The pre-sale will be closed early if the maximum cap is reached or will end on the day before the Token Sale.
GO founders and team tokens will be locked and can be withdrawn quarterly over a 24 month period, while advisors will receive their tokens after six months post ICO. Tokens from the Reserve Pool will be used to accelerate the adoption of GO’s platform. To efficiently market the platform at a much quicker rate, GO is aiming to raise US$60 million in funding, following the first round of successful seed funding.
GO has spent the past 12 months working on a beta version of its platform, consulting blockchain technology experts on the token model in preparation for its initial coin offering. To effectively match the existing OTAs, US$60 million is required to scale the platform and substantially grow our gross bookings over the next 3 years.
Figures from Expedia demonstrate the segment’s high potential for rapid revenue growth. For example, Expedia made gross bookings of more than US$70 billion in 2016 against its operational costs (i.e., marketing, salary) at close to US$7 billion.10
TOKEN DISTRIBUTION
- Tokens Generated
GOeureka ICO details:
Pre-ico
Start: 5/7/2018
End: 9/9/2018
Basic ICO
Name: GOeureka
Ticker: GOT
Price: 1GOT Token 0,30 USD
Start: 10/9/2018
Ending: 30/11/2018
Detailed information:
Website: https://goeureka.io
White Paper: https://goeureka.io/#download
Facebook: https://www.facebook.com/GoEurekaTravel
Twitter: https://twitter.com/goeurekatravel
Telegram: https://t.me/goeureka
ANN: https://bitcointalk.org/index.php?topic=3382526.0;all
AUTHOR: Shenzen
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1059512
ETH ADDRESS: 0x47a6A92Fd16329e14A32eF2B8786b5f125F95B96