GOeureka ICO
Is that GOeureka?
GOeureka is a technology company that uses blockchain technology to build a hotel booking platform. Our mission is to decentralize the hotel booking sector and provide better services by enabling hotels to connect directly with their customers.
GO objective to provide dynamic digital experiences for users and members of high structures printed by online travel agents.
Online travel facilitators are the right example of how new technology can exclude existing industries. These online agents have a big advantage over normal hotels because they can provide cheaper prices and more choices to consumers.
However, not everything is bright for online travel agencies; Traditional hotel sectors are slowly using online technology. However, these hotels are still lagging behind. They have to work faster. If not, people who make them in touch with customers can make more of them. The GOeureka team thinks they might have found something that would give the hotel an edge over the agency. To do this, they decided to add the loyalty program available with blockchain technology
What is the purpose of the GO project?
Utilize blockchain to create a symbiotic relationship between hotels and customers. Hotels will use paid status when they will get more with the same price.
GOeureka's vision
GO has a plan to create an online ecosystem where businesses develop by offering the best services to tourists. As a technology partner for the hotel industry, GO will offer a simple and direct application and web experience to users without high commissions on most sites. By freeing up resources for hotels, GO will enable them to offer better value and customer service with their resources.
GOUREKA and Blockchain transparency
The main feature of blockchain is accountability. Go will use blockchain to ensure accountability and transparency are maintained in the ecosystem. Go will replace the pay-for-play arrangement used by most travel agents. The platform will be unbiased 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 the performance of the hotel and the 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 the hotel IT department to make seamless integration. Go will also integrate with property management software from a hotel through a strategic partnership.
One problem that GO will solve is a broken loyalty program.
Among others:
Airline,
car rental services, and
the hotel will have its own loyalty program.
Integrated loyalty program supported by blockchain
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 rental services can be converted into GO credit. This can then be used to pay for hotel rooms.
The GO platform includes the following:
1) Website with ordering and payment functionality
2) Mobile application for customers and hotels to communicate directly with each other
3) A centralized database and server to store Personal Identification Information (PII), customer order details, 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, customer order details, and hotel off-chain data to avoid driving network transaction costs and ensure direct execution of user activities. GO will look to move the entire in-chain platform in the future, with the introduction of new blockchain technology (ie, Raiden) that allows minimal instant execution 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 or preset time limit, whichever comes first.
While 30% will be stored in a backup pool for operating initiatives,
funding marketing strategies, and
other activities that are relevant to business growth.
During personal pre-sale,
contributions will be received in US Dollars (USD),
Singapore Dollar (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 in the first round one month before the Token Sales with an accredited investor, 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 Token and will close two weeks before 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.
The Token Sale will end early once the total maximum cap is after Week 3 of the Token Sale. All unsold tokens will be burned.
GO founders and team tokens will be locked and can be withdrawn quarterly over a 24 month period, while the 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 faster 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 technology blocks on the 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
For more information about GOeureka, you can visit these following links:
WEBSITE
WHITEPAPER
TELEGRAM
MEDIUM
ANN THREAD
Username: deniyoga
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1978689
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