GOeureka is an app and a website that changes the way hotels are booked. To get to know what features does it offer and can it be a good investment, check out our review below. GOeureka is a tech partner to hotels, and its primary target is to provide a dynamic digital experience to users while at the same time eliminating high commissions which online travel agents usually use.
GOeureka’s primary vision is to enable hotels to focus more on necessary resources for providing customers with enhanced value and services all over the world.
The company does this by reducing the financial commitment of hotels to third-party booking platforms. GOeureka goes live and brings a new era of booking GOeureka just went live, and it has released the alpha soft version of the platform. It allows users to book hotel rooms without any commissions involved. On the other hand, the can enjoy amazing benefits such as loyalty rewards and more, all without any hidden fees. GOeureka is one of the first platforms to trial bookings on the blockchain via smart contracts. The booking platform is operating on the Ethereum blockchain, eliminating third parties, and passing savings are rewards straight to consumers. It also reduces costs and manpower.
GOeureka’s board consists of C-Level executives from Accor Hotels and Agoda and more essential names in the global hotel industry. The number of hotels that can be booked via the platform is continually growing, and this offers a massive plus over the competition. Traditional booking has little cost transparency. Usually, booking sites charge between 10% and 30% commission on top of the room rate and the fee is usually not too transparent for consumers. The retail price of a room will vary depending on transactions between the hotel, the bed bank wholesaler and the online booking site. GOeureka makes this whole process much more straightforward, and it provides users with a fair and consistent price and secure transactions for the hotel.
GO project goal
Utilize blockchain to create a symbiotic relationship between hotels and customers. Hotels will use paid status when they will get more at the same price.
GOeureka's Vision
GO has a plan to create an online ecosystem where businesses develop with the best services for tourists. As a technology partner for the hotel industry, GO will offer users and applications that are simple and direct to users without high commissions on most sites. By freeing up resources for hotels, GO will enable them to find better value and services with their resources.
GOUREKA and Blockchain transparency
The main feature of blockchain is accountability. Go will use blockchain to ensure accountability and flexibility in the ecosystem. Go will issue settings for which most trips can be used. The platform will not be biased and no commission will be charged to the user. On GO, the hotel no longer needs to pay for visibility. All views and search results will be determined by hotel performance and reviews obtained from its users.
GOeureka Hotel Booking Loyalty Program With Blockchain
If the hotel wants to integrate, the GO ecosystem will offer an API where hotels can link their inventory with the reservation system. There will be guidelines offered to IT hotels to make seamless integration. Going will also integrate with the management software of a hotel through a strategic partnership.
One problem that GO will solve is a broken loyalty program. Today, every airline, car rental service, and hotel will have its own loyalty program. This makes it difficult for ordinary consumers to collect enough points to exchange a significant increase.
The loyalty program supported by blockchain is the future. Go will make interoperable programs supported by this technology. Users will have the option to convert hotel loyalty program points on GO credit. With this system, loyalty points obtained from car services can be GO credit. This can be info for hotel rooms.
PRODUCT OVERVIEW
GO Curtain Platform the following things: 1) Website with payment and payment functionality 2) Application for customers and hotels to communicate directly with each other 3) Centralized database and server to store Personal Identity Information (PII), services and data from the hotel 4) Use the Ethereum blockchain and smart contract to generate a decentralized GO Token and run a payment request
GO will store PII, R messages, customers, and hotel off-chain data to avoid network transaction costs and ensure direct execution from users. GO will see to access all platforms in the future, with the new blockchain technology (ie, Raiden) which allows minimal instant execution up to no cost.
GOeureka GO Token ICO Details
As many as 1 billion GO Tokens will be issued with 1 GO token = IDR 10,000. There will be a reduced distribution of the Token GO bonus after meeting the maximum time limit or the predetermined time, whichever comes first. While 30% will be stored in a backup pool for operational initiatives, funding marketing strategies, and other activities relevant to business growth. During personal pre-sale, contributions will be received in US Dollars (USD), Singapore Dollars (SGD) or Ether (ETH). All contributions will be converted to ETH, live, at the applicable rates. Token sales will last about three weeks.
GO will hold a personal presale
first round one month before Token Sales with accredited investors, with a minimum contribution of US $ 50,000 each. Interested parties are welcome to whitelist with GO to join this fundraising round. Contributors to funds collected during this period are entitled to a 30% bonus distribution. The maximum limit during this round is 150,000,000 GO Tokens and will be closed two weeks before the Token Sales. If the maximum cap is not reached during personal 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. Pre-sales will close earlier if the maximum limit is reached or will expire on the day before the Token Sales.
Token sales will expire sooner after the total maximum limit is met or after Week 3 of Token Sales. All unsold tokens will be burned.
The founders of GO and team tokens
It will be locked and can be withdrawn every three months for a 24-month period, while advisors will receive their tokens after six months after the ICO. Tokens from the Reserve Pool will be used to accelerate the implementation of the GO platform. To market the platform efficiently at a much faster rate, GO aims to raise US $ 60 million, after the first round of successful seed funding.
GO has spent the last 12 months
To work on the beta version of the platform, consult blockchain technology experts on the token model as preparation for the initial coin offer. To effectively match existing OTAs, US $ 60 million is needed to scale the platform and substantially increase our gross orders over the next 3 years.
Figures from Expedia
shows the high potential of the segment for rapid revenue growth. For example, Expedia made gross orders of more than US $ 70 billion in 2016 against its operating costs (ie, marketing, salaries) at nearly US $ 7 billion.10
TOKEN GENERAL
For more information about GOeureka, you can visit these following links:
Website: https://goeureka.io/
Whitepaper: https://goeureka.io/#download
Instagram: https://www.instagram.com/goeurekatravel/
Facebook: https://www.facebook.com/goeurekatravel/
Twitter: https://twitter.com/goeurekatravel
Telegram: https://t.me/goeureka
LinkedIn: https://www.linkedin.com/company/goeurekatravel/
Reddit: https://www.reddit.com/r/GOeureka/
Medium: https://medium.com/@social_23833
ANN Thread: https://bitcointalk.org/index.php?topic=3382526.0;all
Author : X7+
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1141171
eth address: 0xe3ffc631e711Bb8AE8aAc37458981C60923519c8
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