GOeureka - Reservation of hotels on the blockchain

Golden Dec

Talk about the project

What is new and interesting in the market? Friends, there is a very cool startup GOeureka. This is a hotel booking system that operates in conjunction with the blockchain. This innovative platform implies very huge benefits for the hotels around the world, not to mention the customers. As we can see, now there are more and more different Internet agencies, it speaks about the global change of the industry as a whole. Due to this concept, there is a favorable consumer demand for the use of low prices. A huge yield is formed, which has a very strong impact on development.

This business model is slowly and surely supersedes the traditional system, and in General will soon leave behind. Or they need to hurry and keep up with the times, and then on their front the trouble is not avoided. This is primarily a risk for their own brands if you look in depth.

The innovative GOeureka platform implies working at a new level, together with blockchain technologies. Many hotels are already interested in this concept, namely the introduction of it into their work structure, which will provide an even greater influx of customers and profitability in the market. The goal of GOeureka is simple, to create a new Foundation of the economy, thanks to which many hotels will retain their control, namely control over their brands and at the same time open for a number of other interesting opportunities, namely:

The booking platform does not imply a Commission, and support is provided through mobile applications

We have an opportunity to create a single structure of number funds and loyalty programs

Possibility of re-booking hotel rooms at the time of tariff reduction

Next, it is the compatibility of reward points through the use of cryptocurrency mechanism

As we have already said, this is an opportunity to control the preservation of their brands

Providing opportunities for settlements with the use of cryptocurrencies

Huge database and it is already available 170 000 hotels around the world

The platform developers themselves see great prospects for the development of the tourism industry, namely due to such an innovative model. Consumers, that is, tourists will be provided with the highest quality services. Also, with all this, the costs of the hotels themselves will be reduced at the time of using third-party booking systems.

Problems that the new technology will solve

Let's talk briefly about the problems that exist.

For example in relation to consumers.

First, there is a lack of transparency, which leads to higher prices. That is, inappropriate commissions that are still present significantly reduce the margin of the same hotels and eventually increase consumer prices.

Outdated and forgotten God of the loyalty program hotels.

We have a significant distortion of the search. That is, there was a long time ago a certain shift has changed and reordered the results of the search.

Speaking of hotels, here we see the following

There is some impact on the direct order. This sector is dominated by online travel agents and this figure reaches 70% of all online orders.

Further, at the high Commission. There is a charge of Commission from 15% to 30%, which greatly affects the margin of hotels.

Lack of access, namely the increasing dominance of OTA limits hotels ' access to consumers.

Pay attention to which press discusses the startup

The ICO program and a token economy

On the platform there is a certain token, namely GO Token. This digital currency is designed to facilitate transactions on the platform itself, at the time of purchase and booking of rooms, any hotel rooms and other features.

Development is based on the ERC-20 Protocol

For sale, we have: 600 000 000 tokens

The cost of one token: $0.1

Purpose of fees: 60 000 000 $

Accepted currencies for asset purchase: ETH, BTC, USD

Such countries as China and the US cannot participate in the ICO