Topic: 🏝🛳🏂 [ANN] [Pre-ICO] [ICO] Tryvium [$TYM] - Your next traveling partner 🔝🍹 (Read 1392 times)

I can't find information about the ICO, but what I'm worried about is, that bounty participants who joined the campaign, they didn't get anything for the work they were supposed to receive after the ICO ended, but there wasn't any updates on that. Also the progress you made is so slow,

So your Tryvium booking platform is already out of beta? yes, since most hotels and travel destinations are in lockdown and flights cancelled, it is good opportunity for you to fully develop your platform. so once this pandemic situation is over, you are ready to cater the community with your services. by the way, what happened to your pre-ICO and ICO stages?

We share these troubled times with you, and feel deeply for all those around the World whose life has been interrupted by the corona-virus outbreak.
Never lose hope; look forward to better days, for they Will come and you will be able to explore Earth's wonders once more.

Meanwhile, Tryvium's development continues as always, as our team members are working from the safety of their homes.
Our smart decentralized work structure remains unaffected by the current situation.

While we will be postponing Tryvium platform lunch because most global travel is suspended, rest assured that we will turn this delay into an advantage. We will lunch with more hotels and more features than ever anticipated.

Stay safe, stay well

The Tryvium team

Dear followers, our recent silence is due to big business developments happening behind the scenes, and signs a big event coming for Tryvium in the near future!
We can not disclose yet what the most recent development is, but you will see it when the Tryvium Platform goes online   🍷



The current booking platform is an alpha version, beta will be fully operational. So far we do not foresee a delay for beta coming out this year.

Sincerely,

The Tryvium team

It is already Q4, are you going to release your beta this quarter or it will push a lil bit? I am guessing that the booking platform is not yet live, right? It says the site is having issues (i.e. crash report) whenever I tried to search for a place and the availability.
Also, have you look into having collab with hotels or tourism spots? If there's any, can you name at least a couple of them?

Any news about Bounty or Progress of this project? You guys really should to create a telegram group for community right now or they will leave!

Bounties and Campaigns concluded

Ladies and gentlemen, it is the 30th August, thus the Tryvium bounties and campaigns are now officially concluded.

If you participated in any of the programs, you can now stop posting, but please continue following our official accounts while we are processing your accumulated stakes, as your 'follow' simplifies the verification procedure.
We will upload a spreadsheet with your stakes in the coming weeks.

Your stakes (from Bounties, Campaigns and Airdrops) will be transacted to you after the ICO is completed.


We hope you enjoyed being with us so far
Stay tuned for more bounties, campaigns and airdrops in the coming months.

Sincerely,

The Tryvium team

I think it's very unfortunate because they don't have telegram channels, especially now that most projects already use telegram channels,
but apart from that I still respect them and the important thing is to be contacted

Yeah, I also noticed that they don't have any telegram channel, almost all project campaign here in this industry had their own channel to update
their community. Only Tryvium is the one don't have that, why? But there is an email where you can contact the immediate person about the project as well.

Because they just info a telegram channel, it's mean this projects not using telegram group. But, You still can contact them by Twitter or by Email.

Thank you for attaching the spreadsheet link. when the bounty program will be completed? How was the development of Tryvium during the main sale? Where is Tryvium telegram group?

Update

Campaign and bounty participants have been asking for a spreadsheet to check if their application has been accepted. We have uploaded campaign data to smart-travel.tryvium.io/airdrop1-results/bounties-and-campaigns-results/

At the moment it does not contain the number of stakes each participant has, as that will be done at the end. But you can see if your application has been accepted and take steps to correct it if it has not.

Bounty participants are being processed now, and results will be uploaded within 2 weeks, complete with how much TYM each participant will receive.


We apologize for taking so long to provide this, but we have not planned to do it at this stage at all - hence we had to reorganize our team to meet your requests.


Thank you for your patience and support.
Sincerely,

The Tryvium team

Airdrop 2 results

Ladies and gentlemen, if you participated in the TYM Airdrop 2, you can now check your results at https://smart-travel.tryvium.io/airdrop1-results/airdrop2-results/

Simply follow the guidelines on the site and if you think we made a mistake, contact us in DM.

For any questions we are also available on all social media platforms.


Sincerely,

The Tryvium team

Hi

Of course, please DM me with details.


Love,

H.

hello bounty manager
I participated in the bounty but I can't find the bounty spreadsheet to check if am in?
so please can you help me with that.

Airdrop 1 results

Ladies and gentlemen, if you participated in the TYM Airdrop 1, you can now check your results at https://smart-travel.tryvium.io/airdrop1-results/

Simply follow the guidelines on the site and if you think we made a mistake, contact us in DM.

For any questions we are also available on all social media platforms.

Sincerely,

The Tryvium team

Update

Tryvium Airdrop2 is now officially closed.
If you participated in the airdrop please do not unfollow our social media accounts until we can verify your participation.
Details regarding Airdrop 2 will follow soon.

Thank you for being a part of Tryvium.
Sincerely,

The Tryvium team

For all who do not follow our social media accounts or have missed it - our monthly development update has been published on Medium: https://medium.com/@tryvium/tryvium-development-update-6-202e6aaf8563

If you have any questions pertaining to our development feel free to ask
Sincerely,

The Tryvium team

Each of the listed projects has similarities and differences, but yes in its core they all try to cater to the same consumer base, with (topologically) the same services.


There is competition in every field nowadays and only time tells which project/company prevails. It was the same with web browsers, social media, etc.

At the end of the day each team believes their project is the best, each team believes it has the best USPs and the best product. After all, if they would not believe that, why be in the business?
But history shows that usually marketing, customer support, public perception, etc., are just as important as the product itself.


In our specific case, we believe that

• our on-blockchain booking system will outperform others
• our advanced matching algorithms will bring the best customer satisfaction
• we can expand faster and wider than the competition, by using leaner marketing techniques
• we can provide better customer support than anyone

We are doing everything in our power, working 16/7, to prove we are right.



And apart from the above - which only history will be able to judge - we also have some unquestionable systemic advantages:

• we are the only ones providing hotel owners time and money saving benefits: by providing an all-in-one suite which consolidates their daily activities. This is especially important for the small companies that can otherwise not afford a property manager system.
• the Tryvium Company is the first company in the world to provide a travel-gift experience based on the blockchain

Sincerely,

The Tryvium team

We have similar project base blockchain like travala, locktrip, triipmiles, etc. What make this project special?

I think that is a very good idea because with the bonus of course people will be excited to find fake accounts on the project and I hope the team can consider this idea

Update

We have published a new Tryvium blog https://smart-travel.tryvium.io
At the moment it only has one content site and basic graphics/looks, as it is more important to begin ranking it as fast as possible than to polish its visuals.
In the coming months our designers will make the site eye-pleasing, and we will periodically add content.

The blog - once it ranks - will attract a decent number of eyes to the Tryvium Platform ads and will, as such, be one of our free traffic streams.

Other free traffic streams are in the works and will be disclosed at a later date.


You will be able to read more about this and our other developments in the upcoming Tryvium development update, which we release every month.


Sincerely,

The Tryvium team

This is a fantastic idea as the level of black-hatting we see on the airdrop1 applications is truly amazing and is taking our airdrop managers a lot of time to check everything. So this method would save us a lot of time.

Unfortunately it might also bring some legal issues so we cannot start such a bounty at the moment. We will consider it for future use - provided our legal team approves it 


Thank you for your great idea.
Sincerely,

The Tryvium team

Thank you for your understanding 🙏
The more fake accounts we manage to weed out the more tokens legitimate participants will get.


Sincerely,

The Tryvium team

Nice, it's better to save your projects. Don't worry about people who ask about the process or even distribution time. fraudulent accounts must be kicked.

Dear community members:

We hear your calls for airdrop results and updated bounty sheets, we are working as fast as we can to provide them.
Unfortunately it is taking a long time to verify everything because a large number of scammers applied with over 30 000 fraudulent social media accounts, and we need to check them all so that real and honest participants do not lose their stakes.


Thank you for your patience and your understanding.
We wish you all a beautiful day.

Sincerely,

The Tryvium team

Tryvium's 5th development update has just been published:
https://medium.com/@tryvium/tryvium-development-update-5-54be26b066b7


Sincerely,

The Tryvium team

The bounty and the first Airdrop have already started - the ANN is here: https://bitcointalksearch.org/topic/bounty-airdrop-tryvium-airdrop-and-bounty-ann-5146374

Your support is greatly appreciated 🙏


The dates of Airdrop 2 and airdrop 3 are not yet known.


Thank you.
Sincerely,

The Tryvium team

Please name the start dates of the bounty, if known. I will take part in it with great pleasure and invite my friends. If the alpha version works well, you will attract a large audience. The holiday season is just beginning.

Thank you, indeed bounties add greatly to a project's recognisability.
We have allocated considerable funds to this and expanded our team, as bounties are good for more than just spreading the word - they are also a great opportunity for SEO 
Thus we will be building several blogs during the bounty period.


Sincerely,

The Tryvium team

By the way it is a very good idea to attract bounty hunters to promote the project. I am sure that many people will want to take part in this project and help in the dissemination of information in social networks.

Sincerely,

The Tryvium team

Bounty coming up 

We will also award a few free bookings after Tryvium Platform alpha or beta lunch.


Thank you for your great questions.
Sincerely,

The Tryvium team

Hello Team ! Planned promotions and sweepstakes free tours ? It would be cool and would attract more users

Yes, this is our long-term goal, however it is still very distant.
First we will build a large hotel-base and traveling community.
After this we will focus on transport and restaurants.
In the final stage we intend to expand to all other services a tourist requires.



We have not emphasized this part as it is far in the future, but we hinted on it at the end of our ANN, in the 'Just Imagine' heading.
To sum it up:

No train has been mentioned, however planes, ships, trains and even buses can end-up on our list.
But, as stated in the beginning, that is still a long time away.


Thank you for your great questions.
Sincerely,

The Tryvium team



*Edited: fixed a poorly placed quote tag

I missed the part where it is said that through their application it will be possible to pay all on the train. I thought it was just the flight and the hotel. Can you show me where that moment is?

As i understood your end goal is to enable paying everything from your mobile app (i am assuming this because of the cocktail you mentioned at the end of your OP). This would mean we could pay for absolutely everything on trips via your app, even pre-order stuff so it’s ready once come to the beach, restaurant, etc… I love the idea!
If you manage to do this TYM will be one of the top coins.

We are primarily looking within the European Union, as it is the easiest to start due to our location.
After we have a certain traction among EU hotel owners we will expand our reach to Asia, USA and Canada, and later Malaysia, Middle-east and Africa.
Since we will be lunching the Alpha version of the Platform at the point when people are already predominantly booking winter holidays, we are putting emphasis on non-seaside hotels.


Sincerely,

The Tryvium team

In which countries of the world, first of all, are you looking for partners? What market do you focus on? Europe? Asia? America? Africa? The project is really interesting, the main promotion and development of partner networks.

The Tryvium Platform alpha version is progressing on schedule. The next development update will be released in under 2 weeks.

Preliminary response from hotel owners has been very positive.
At the moment we are conducting deeper research into potential partnerships.
That is all we can disclose publicly. Thank you for understanding and support  🙏


Sincerely,

The Tryvium team

Does the team currently have partners for all of them and if I haven't, I hope the team can have it soon and I'm also sure for sure now the team is also busy looking for partners, hopefully in the future success for this project

yes, that's right, the most important thing about the platform for booking hotels, apartments, B & B and other accommodations is partnership, without that partnership won't live, so does the team start looking for partnerships, partnerships with hotels, apartments and others?

What is the status of the alpha version of your app?



And any luck of potential partnership with EU hotels?
Any sign of positive response from them?
Or have you started communicating with them regarding your platform?

I also hope that we will all be able to keep abreast of the progress of this project because then I think we will not miss information but it all depends on the decisions of each person

Thank you for your answer, I will keep an eye on the project and monitor its development. I hope the project will really be popular and will benefit investors and users.

We are investigating that option. It certainly holds benefits both for us and for smartphone manufacturers, but for now we cannot give a definitive answer to the community.
Thank you for your understanding.

We can say however that in the long-term it is on our "wish list", but does not carry any priority for now.


Sincerely,

The Tryvium team

Do you plan to partner with smartphone manufacturers like Sirin Labs to distribute your app natively?
Or will your app be available strictly on Google-play?

Sincerely,

The Tryvium team

Thank you, we are doing our best to communicate our updates and respond to any questions on all channels 
Besides BCT, we also continually monitor our official Twitter, FB, instagram and Telegram accounts.
All questions, comments and suggestions are always welcome 🙏


Sincerely,

The Tryvium team

it was very supportive to make Tryvium known to the clients,
if 2 founders tried to promote Tryvium it was very good. I'm glad you can interact with us here

Indeed we have some industry connections - two of our founders are hotel owners.
Aside from industry connections, we also have an extensive client acquisition plan, which ranges from heavy online marketing to in-person on-site pitching.

Because of this, we are confident client acquisition will not be a big issue.


Sincerely,

The Tryvium team

As far as i know owners of large hotels are not easily approachable so i don't see how your business side of the app can get any adoption...unless you have some industry connections.

SYS market capitalization at the moment is $33 million, probably around half of that is tied in masternodes, some of it is in cold wallets. Thus if we tried to raise our full ICO amount in SYS it would create a significant disturbance in the market.
For one that can cause legal problems for the Tryvium Company LTD, and it would also result in a loss of value of the gathered funds for us when we would sell the obtained SYS to pay our running expenses.

A SYSX token fluidly converts from an ETH token to a SYS asset, thus the total number of TYM tokens will always be 880 million, but the ration between the ETH & SYS will automatically change at every block depending on how users are using the TYM.


Sincerely,

The Tryvium team

If you will be a sys asset why will you make your ico in eth?
Also, if you will be a sys AND eth token does that mean there will be 2x880 million tokens?
If yes how will the other 880m be used?

Yes, all bookings will be on the blockchain, since the giftbox is just a transferable booking it will also be on the blockchain - transferable just like a normal coin/token transaction.

In the first phase the giftbox will only be digital, because we have not yet found a truly safe/secure way of delivering a physical giftbox with its booking "intact". It is however on our to-do for the mid-to-long term future, because selling a physical box would allow us to gain additional exposure through retail stores.


Sincerely,

The Tryvium team

Hi, i was wondering… Will your giftbox be visible and transferable via blockchain, or will buyers actually receive a physical box?
Why not send the buyers a physical coin

Hi

We are flattered, however the Tryvium token (TYM) is not yet released in an exchange-appropriate form.
After our final ICO round is concluded we would be honored to work with your team.


Sincerely,

The Tryvium team

Hello,

We would like to list Tryvium on Lugdunex Crypto Exchange.
Traveling projects are always interesting, and there is a lot to do with it.
If you're interested, just contact us or reply on this thread.

Best regards,
Lugdunex Team

Thank you, it is always great to hear that potential future users like the idea we are working on 

At present we are focusing on booking accommodations, when that reaches sufficient adoption we will likely expand to booking (and/or pre-ordering) restaurants and bars. After that we could expand to booking flights. The letter is a very different industry that is why we are not yet actively considering it as we would be overextending ourselves.

However, our long-term (end-goal) vision is for travelers to be able to manage every aspect of their trips from our Tryvium Platform.


Sincerely,

The Tryvium team

As a traveler i would definitely book with you. I only wish i could also book a flight from the same app

Many jurisdictions and exchanges consider buyback programs risky in terms of such projects being considered as securities. This would not only limit the number of exchanges we can be traded on, but more importantly would geographically limit our reach (countries we can do business in), thus we do not have a buyback program as it would harm our adoption.




Thank you, we are certainly making good progress and so far everything is on schedule.
We also have some news to share with you soon.


Sincerely,

The Tryvium team

this update seems Trivium focuses on developing their website design,
Frontend design and bounty dashboard updated, I appreciate that, maybe it's a good step

Will your project have a buyback program?
You know like binance did. That always makes a project successful.

Thank you for taking interest for Tryvium private investment round and ICO.
Minimum investment sum for our private investment round is $5000.
ETH, LTC, ETC and BTC are accepted during this time as well as USD transactions.

Yes, for the private investment round you need to be whitelisted and KYCed in accordance with Maltese regulations.
Whitelisting: just fill this Google form and we will contact you about whether you have been accepted or not.
The form requires your

• Full name
• Email address
• Date of birth
• Residential address

KYC: full KYC/AML in accordance with Maltese regulations is required for both the private investment round and the ICO.


Sincerely,

The Tryvium team

What is the minimum private investment sum?
Do i need to be whitelisted/KYCed?

Do i need to be whitelisted for the ICO?

We were recently asked about this on Reddit, this was our answer:


Why blockchain is needed:

Blockchain will guarantee that bookings done through Tryvium Platform will be unalterable and always accessible to the parties who agreed to it (the buyer, the seller and when necessary one or both country’s governments). This ensures that neither the tourist, nor the hotelier can alter a booking thus avoiding legal disputes over false claims from either party.

It also enables 100% accurate, reliable and provable tax reporting, which is necessary for decreasing hoteliers’ overhead and legal risk.

Cryptocurrency payment will decrease transaction costs which can be considerable for some countries. And for some countries using conventional payment processors is not possible at all, Tryvium will open them up to the world.

Yes, a part of our services could be accomplished without blockchain (we could decrease the fees from 25-35% to ~10-12%), but to succeed in our endeavors a holistic approach is needed. And for that blockchain is needed.



If you would like to know more about any part of this or have any other question do not hesitate to ask 


Sincerely,

The Tryvium team

I kind of read your WP (too much text to be botered) and checked your btcwiki, but i don’t get it why you NEED to use bc… can’t you just be a normal company?
P.s. you need to work more on your reddit channel

As promised, the 4th Tryvium development update has been released.
You can read it on Medium:
https://medium.com/@tryvium/tryvium-development-update-4-8fb7216ac62a

Thanks for your prompt answer.
I ll be waiting for the airdrop to collect some tryvium

I like the project because it gives benefits also to hotel owner and this can be a real competitor of booking.com

Anyway congrats for the project its well done. lets see how far it goes!

Cheers

CK

Hi @BY_ATOM

We feel your pain as many from our team personally had the same experiences.

To ease your fears we have monthly development updates on Medium (https://medium.com/@tryvium), the next one - No.4 - is due very soon.
And we will be releasing the Tryvium Platform already in the Alpha stage so you can see tangible progress as soon as possible.


Sincerely,

The Tryvium team

All beautifully written, wakes you to work as stated by the team? I was an investor in a similar company, if I'm not mistaken EthereumAlps. At the end I'm at the broken trough. And now I am wary of such kind of projects. Therefore, we need real results, not just text on paper.

Yes, the discount mentioned above is added on-top of the 20-25% baseline discount 



Yes, some internal testing and subsequent results analysis has been already done - we use the 'build a little, test a little' approach.

Thank you, we are looking forward to releasing the Tryvium Platform Alpha!


Sincerely,

The Tryvium team

Okay, sounds great! So the implementation of your services is very straightforward as you can test your platform on their hotel business. Have you done internal test runs or not yet? Will watch how you will actually implement your program in this hospitality industry...

i read on the first page that the traveler and hospitality will get discount by 20~25%, is the discount that you mention above is different from that discount?

No stake is needed, we believe that would limit the adoption speed of Tryvium among hospitality services providers. Also it would make Tryvium similar to a master-nodes system, which could make it more difficult for the Tryvium Company LTD to navigate the legislative requirements.

Nevertheless the hospitality services providers are incentivised to buy TYM - as all payments they make (to the Tryvium Company LTD) will get a discount if they pay with TYM.
Similarly to the way that travelers using TYM are incentivised with loyalty points and cashbacks.

To on-board on the Tryvium Platform and/or buy other services provided by the Tryvium Company LTD, the hospitality services providers register in the same way as with classical OTAs.


Sincerely,

The Tryvium team

Nice, for hotel, apartment and another accomodation services, how to register. They need to be stake/buy TYM or just register as usual with partnership contracts?

All who will use TYM for booking through Tryvium Platform will have a 10% discount on the already discounted prices 
And by using TYM for booking you will also receive double loyalty points, which means your future booking will be even cheaper!

Also, early investors (Pre-ICO and ICO) will have a chance to win free vacations - during our Tryvium Platform Beta test.


Yes travel/tourism is a very big industry, with an incredible potential to scale into/with adjacent sectors.
We are honored and privileged to be a part of this sector, and excited for its future!


Sincerely,

The Tryvium team

I hope they have something special they will offer for investors. Traveling is an interesting idea, and has the potential to be more developed later

Correct, hospitality services providers will be paying us an 8% commission on all bookings made through Tryvium Platform. Of course in practice this means that the 8% really come from the end-user (consumer).
Just like VAT tax is technically paid by shops, but in reality consumers bear the cost.

Additionally hospitality services providers will be buying (if they want of course) our software and additional services.

The user (consumer) will only bear transaction fees (which will be negligible if the consumer uses TYM, if the consumer uses other payment options - like paypal or wire transfer - the fees will be as high as the payment provider sets them).




Two of our founders are hotel owners, which means we have Their facility signed up.
But more importantly they have a wealth of business connections which are helping us on-board other hospitality services providers.

We have several already signed up, and more in the works; unfortunately we cannot yet disclose them at present due to regulatory limitations.

To ensure we get many hospitality services providers, we have a large client acquisition strategy. A part of it is strictly internal, but a part of it we will make available to the public as soon as possible.


Thank you both for the great questions.
Sincerely,

The Tryvium team

If you browsed in this forum, you encountered several projects focusing in the travel industry already. The major obstacle in implementing their objectives is finding their partners that will give life to their project. Do you have long list of potential partners or better yet, have you communicated and sealed the deal with your hotel partners for this platform? Partnerships will cement the possibility of making your services available to the traveling community.

So, your service is get revenue from hotel owner/manager without put any fees from your user? And, payment for booking must using TYM or will be another option payment in the future?

Hi @cogentjm

Yes, of course, we intend to list on the most prominent exchanges, and are doing everything in our power to comply with the various legislative/regulative limitations different exchanges have to operate under.
But as the listing requirements are ever changing we cannot say where and when we will be listed - after-all, we have not even conducted our ICO yet.

In the long-run, we hope to be accessible on most, if not all, exchanges, including the upcoming DEXes.

Sincerely,

The Tryvium team

Hi,

Good to see your fast reaction.

Do you have any plan (long term for sure) to listing your token on valueable exchanges?

regards,

Hi @cryptokong

Thank you for your words, and thank you for being the first to comment on our thread!

Yes, an airdrop is in the works - coming very soon.
It will also be accompanied by a host of other bounties 

Sincerely,

The Tryvium team

Hello

Finally a good project with a real world product.

There is an airdrop planned for the upcoming period?

I will follow you guys closely

Cheers!

- Update 28. June 2019 -

We have started a new Tryvium blog - Smart travel - to attract customers to the Tryvium Platform.
The blog is of course travel oriented and will help readers with various aspects, from trip preparation, to booking and on-site activities.



- Airdrop 1 results -

Ladies and gentlemen, if you participated in the TYM Airdrop 1, you can now check your results at https://smart-travel.tryvium.io/airdrop1-results/

Simply follow the guidelines on the site and if you think we made a mistake, contact us in DM.

For any questions we are also available on all social media platforms.

Sincerely,

The Tryvium team



- Airdrop 2 results -

Ladies and gentlemen, if you participated in the TYM Airdrop 2, you can now check your results at https://smart-travel.tryvium.io/airdrop1-results/airdrop2-results/

Simply follow the guidelines on the site and if you think we made a mistake, contact us in DM.

For any questions we are also available on all social media platforms.

Sincerely,

The Tryvium team




- Update 29. July 2019 -

Campaign and bounty participants have been asking for a spreadsheet to check if their application has been accepted. We have uploaded campaign data to smart-travel.tryvium.io/airdrop1-results/bounties-and-campaigns-results/

At the moment it does not contain the number of stakes each participant has, as that will be done at the end. But you can see if your application has been accepted and take steps to correct it if it has not.

Bounty participants are being processed now, and results will be uploaded within 2 weeks, complete with how much TYM each participant will receive.


We apologize for taking so long to provide this, but we have not planned to do it at this stage at all - hence we had to reorganize our team to meet your requests.


Thank you for your patience and support.
Sincerely,

The Tryvium team





- Update 30. August 2019: Bounties and Campaigns concluded -

Ladies and gentlemen, it is the 30th August, thus the Tryvium bounties and campaigns are now officially concluded.

If you participated in any of the programs, you can now stop posting, but please continue following our official accounts while we are processing your accumulated stakes, as your 'follow' simplifies the verification procedure.
We will upload a spreadsheet with your stakes in the coming weeks.

Your stakes (from Bounties, Campaigns and Airdrops) will be transacted to you after the ICO is completed.


We hope you enjoyed being with us so far
Stay tuned for more bounties, campaigns and airdrops in the coming months.

Sincerely,

The Tryvium team

Tryvium is a blockchain platform for booking hotels, apartments, B&B, and other accommodations through smart contracts.
Its foremost appeal over conventional systems are lower costs for businesses and clients alike, as well as ease of use and reliability due to immutability.

Get in Touch with us:

• github: https://github.com/tryvium-platform
• website: https://www.tryvium.io/
• telegram: https://t.me/TryviumOfficial
• reddit: https://www.reddit.com/user/tryvium
• linkedin: https://www.linkedin.com/company/the-tryvium-company-ltd/
• facebook: https://www.facebook.com/tryviumtravels/
• twitter: https://twitter.com/TryviumTravels
• instagram: https://www.instagram.com/tryvium/
• youtube: https://www.youtube.com/channel/UCkYet5M-ORWSb_M1fwbRUVw
• medium: https://medium.com/@tryvium

Specifications

• Company: Tryvium Company LTD
• Token name: Tryvium
• Token ticker: TYM
• Token parent chain: Ethereum (ERC20) during ICO stage; after ICO the tokens will be migrated to SysCoin asset
• Number of tokens issued: 900 000 000 (nine hundred million)
• Block time: 1 minute
• Distribution process: ICO
• Emission: none (fully minted at genesis)

Whitepaper

At Tryvium we have prepared a concise whitepaper, detailing our goals, roadmap, ICO plans, terms and conditions, and much more. We hope you will enjoy it:

Whitepaper: https://docs.wixstatic.com/ugd/c118a6_b3c71a5b350c481c878c95ce15ebd665.pdf



Short video explainer

And if you prefer a short video explainer, we also have you covered:
[youtube]dWoPuVPUnz8[/youtube]



Executive summary

For all who do not want to read the Whitepaper, yet want a little more information than the video provides, consider the following as a TLDR:



Who we serve

We serve hotel owners and other hospitality services providers by:

• Attracting customers to their listings
• Giving them a cheap, simple and reliable payment system
• Giving them a simple all-in-one platform for managing their business

We serve travelers, be they on a vacation or business trip, by:

• Offering them up to 25% cheaper booking
• Giving them a safe, trustless way for booking
• Providing them with more information about listings, so they can make a better, more informed decision

Sector overview

The hospitality industry generates $550 billion annually in direct revenue alone and at least another 150% in adjacent sectors (restaurants, bars, transportation). Approximately 20% of the sector's revenue is raked by middlemen (OTAs) between hotels (and other hospitality services providers) and end clients (tourists and other travelers). Large part of this is pure profit due to the nature of the OTAs' operation.

Another ~10% is lost on the account of OTA taxes and transaction fees.

Despite the middlemen’s split the sector has been consistently growing throughout the past 10 years at an average rate of 5-6%. It is projected to grow further at an average rate of ~5%.



Problem statement

The booking industry is dominated by 2 massive corporations (booking.com and Expedia) who:

• dictate 15-20% fees to the entire industry
• offer unfair preferential treatment
• stifle competition and innovation to keep the monopoly

• Taxes are applied on top of the OTA's commissions and transaction costs, raising total fees up to 33%.
• When booking for a foreign country the clients also carry currency exchange costs.
• When entering a foreign country with foreign currency the traveler must carry a lot of cash, which is dangerous, and if the traveler runs out of cash there are lengthy and costly procedures for obtaining more.
• If a booking is lost or misplaced (given to the wrong client) the client's entire travel arrangement may be jeopardized. This does not only present a potential financial loss for the client but also a massive schedule setback which may be unrecoverable.
  When customers have difficulty negotiating a 14 day leave with their boss, the last thing they want is to see it go to waste due to a clerical error.

The above problems sum up into $100s of billions in losses for customers, and $100s of billions more in unrealized profits for hospitality providers.



Problem solutions

• As the above problems mostly stem from greedy OTAs, Tryvium is a direct competitor to the current dominant OTAs and has vowed to keep its commission at 8%.
• Since Tryvium will carry out transactions with TYM, thus avoiding bank fees, saving up to further 3%.
• And most importantly, Tryvium is a licensed business registered in Malta, the hefty taxes which apply to conventional OTA's fees are also void.

This means that all bookings done through Tryvium Platform will carry a flat 8% commission with no hidden costs. The traveler and the hospitality provider thus save 20-25%.

• TYM is permissionless and global, there is no need to worry about exchanging currencies, paying exchange fees or running out of the local currency.
• Tryvium Platform functions on the blockchain, bookings cannot be lost nor misplaced. They are verifiable at all times and can only be activated with the customers' private keys. The latter are within the customers' respective mobile app.
• Above also applies to all the TYM funds the customer carries on the trip, which makes them far harder to steal than conventional currency. Especially when clients use our built-in cold wallet and biometric locking.

Why we are different

Most new innovations, especially in the blockchain space, focus on serving either businesses or end-clients, and by this create a rift between the two - the side which the innovation was not tailored for has no incentive to adopt it. Due to this, many seemingly great innovations are now struggling to gain real-world traction as they cannot attract one of the two sides. It is a catch-22 - clients bring providers, providers bring clients.

At Tryvium we are building a bridge between clients and providers, giving both high incentives to adopt our system. This will ensure our products have a sufficiently large group of users right from the start. Additionally we have onboarding bonuses for early adopters, for travelers and hospitality services providers alike.


Often startups come up with an idea, build it and in the end realize there is insufficient client base for it. At which point they either need to hard-pivot or shut down the business.

Tryvium's business model is similar enough to classical OTAs that we know end-clients will adopt our services, and while our B2B model is more novel, we know businesses will adopt our services because several have already onboarded.


Many if not most ICOs were started for products which were not intended as monetarily self-sufficient. They had no foreseeable cashflow that could generate revenue.

Tryvium is designed exclusively with cashflow in mind, as revenues generated by the Tryvium Platform will be the sole income stream of Tryvium Company LTD and its owners. As such, Tryvium Company LTD will not play speculative games regarding the ETH prices with the ETH raised during the Tryvium's ICO.



Team

- Roberto Lista - CEO
- Alessandro Sanino - CTO Blockchain Architect
- Luca Pagliaro - COO Marketing
- Lidia Velichkyna - Russian Market specialist
- Roberto Battenti - UX-UI Developer
- Pawel Sas - Hotel support specialist
- Marco Ottina - Fullstack Developer
- Ermanno Fissore - Frontend Designer and Developer
- Gilbert Gain - Community manager



Advisory Board

- Giacomo Arcaro
- Giovanni Casagrande
- Hugo Jacques
- Eloisa Marchesoni - Tokenomics Strategist
- Timo Trippler - Fundraising



Roadmap

2018

• 2018 Q1 - Inception of the Tryvium project
• 2018 Q2 - The project implementation team was finalized and network development phase was initiated.
• 2018 Q3 - Company Formation and private sale. Tryvium website was created.
• 2018 Q4 - Creation of Physical office and onset of personalized loyalty program for Tryvium’s clients.

2019

• 2019 Q1 - Official start of the Tryvium Platform Alpha version development.
• 2019 Q2 - We will research hotels throughout all EU to expand across multiple markets. In this quarter we will also start the alpha version of the mobile application for Android and iOS.
• 2019 Q3 - Alpha version of the Tryvium Platform will be released. And selected hotels will start the closed beta test period and give feedback for potential improvements.
• 2019 Q4 - Open beta test of the Mobile Apps and of Tryvium Platform: every user will be able to try them out and give feedback about the future of travel, for free.

2020

• 2020 Q1 - The Tryvium Platform will be officially released and tuning will start. Meanwhile development of the Tryvium’s All-in-one solution will start.
• 2020 Q2 - The Mobile Apps will be officially released for both Android and iOS; also, mobile apps tuning will start.
• 2020 Q3 - Development of the Tryvium Gift Experience Alpha will start. Meanwhile there will be a massive push to affiliate a larger number of hotels to the platform.
• 2020 Q4 - The Tryvium Platform will be fully released. The All-in-one software closed beta test will start.

Our vision

Most Business Plans start with a vision and mission statement, Tryvium decided to start with facts first.
We consider our vision as a guide to the final milestone on our path, not as the starting inspiration for beginning the journey.

Our end goal is to onboard to the Tryvium Platform not just hotels, but also bars, restaurants, beaches, pools, boutique shops and all other providers surrounding the travel destinations we cover.
By this users will be able to travel completely cash free, using nothing but their smartphone for their payments, reservations, etc.
The 'all-inclusive' offers will get a whole new meaning and vacations will be truly hassle free.

Just imagine:
You come to a hotel, register and just walk in your room - without any additional payments and complications. You walk out and head to the beach, a spot is already reserved for you and a cocktail is on the way.
No need to get out of the sun lounger to pay for the cocktail, your smartphone already took care of it.
As you are lying on the exotic beach, cocktail in hand and a nice breeze in your hair, your thoughts turn to  a nice juicy dinner. Pizza, something exotic, something local, all orderable with a flick of your finger.
Too many options and can't decide? Let the Tryvium app choose for you.

Perfect, hassle free vacations, like you had a dozen servants.
Too expensive?
not anymore!

Made affordable for you by Tryvium