Blockchain technology is being exploded over the past decade. Its rise has been completely unprecedented and has caught the world like a massive storm. With big players like Bitcoin and Ethereum is gaining a lot of popularity, organizations are now looking towards new and innovative ways to utilize the power of this de-centralized eco system in blockchain technology.
The ICO that has caught the attention of the masses is the Ethereum Travel Token. Ethereum Travel Token is designed to be a disruptive decentralized travel ecosystem integrated with federation protocols built on Blockchain ERC20 Technology for the travelers to book or manage their travel reservations. Travelers can manage or book the Airlines, Hotels, and car rentals reservations with relative ease.
ETH Travel token overcomes the shortcomings of traditional methods of doing transactions in travel industry by providing a platform where the users can book their travel using ETHT tokens without the need for sharing their personal information with third-party travel agents. Using the standards-based methodologies, the platform can also reduce user management overheads, security loopholes, and user inconvenience. The ETH Travel ecosystem will provide a single sign-on federated easy access to several partner applications including major airlines, hotels, rental cars etc. for the user to plan their travel effectively, at one place.
The Ethereum Travel Token will also have a mobile application that can conveniently display all the information the traveler would need, also providing them the ability to seamlessly book travel reservations for airlines, hotels and rental cars.
Apart from the above, Ethereum Travel Token can also provide the basis for users to redeem points/rewards and book their reservations for any domain (Hotels, Airlines and Car Rentals). Meaning, the travelers will not face the burden to stick to one airline/hotel or rental car industry for redeeming their rewards. The main ICO of Ethereum Travel Token will begin on June 1st, 2018 and will end on June 30th, 2018.
The full discount structure is defined below:
Sale Phase Discount % Dates 1 ETH Contribution
Pre-Sale 40% May 21 to May 31 14,000 ETHTT
ICO Phase 1 30% 1st June to 10th June 13,000 ETHTT
ICO Phase 2 20% 11th June to 20th June 12,000 ETHTT
ICO Phase 3 10% 21st June to 30th June 11,000 ETHTT
About ETH Travel Token:
Ethereum Travel Token is a disruptive decentralized travel ecosystem integrated with federation protocols (SAML, OAuth, WS-TRUST/FED) built on ERC20 technology for the travelers to book or manage their travel reservations in Travel Industry including Airlines, Hotels and Car Rental Industries.
ETH Travel Application- Using Ethereum Travel Tokens, travelers will be able to book and manage your travel reservations with the airlines, hotels, car rental industries directly.
Ethereum Travel Token’s goal is to integrate all the Travel Industries (Airlines, Hotel and Car Rentals) under one umbrella to enable the peer to peer integration between the traveler and the travel industries.
For more information: https://ethtravel.io/