TravelerToken - A blockchain-based data sharing infrastructure and payment system for the travel industry that will help businesses to improve the quality of their services and reduce costs to end consumers.
TLT’s mission is to join the leading travel and tourism companies, universities, and the open-source community in an effort to build up a shared technical and economic infrastructure. This new infrastructure represents a simplified standard that not only minimizes costs to the customer but gives businesses the tools they need to stay with the times.
Pre-sale starts: Now open!
Pre-sale ends: 20/05/2018
Sale starts: 21/05/2018
Sale ends: When the hardcap is hit!
Hard Cap: 100.000 ETH
Token Exchange Rate: 1 ETH = 5000 TLT
Minimum Contribution: 0.2 ETH
Contribution Channels: ETH
Bounty Program: to be announced
Accepted Nationalities: Every nationality, except United States, Singapore, Socialist Republic of Vietnam, People’s Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba.
Exchanges: Planning to be listed on the largest cryptocurrency exchanges.
The exact number of tokens generated depends on the amount of funds contributed. Upon reaching the hard cap, the token generation event will end immediately. Tokens will be transferable once the token generation event is completed.
Foundation goals
The primary goal is to provide a forum for stakeholders and contributing universities, technical institutes, and open-source developers to pool their efforts with the aim of building blockchain and smart-contract related technology for the travel industry.
Establishing a global standard for the travel industry based on blockchain technology
Providing an application layer that works seamlessly within existing systems such as ERP, CRM, etc...
Reducing the overhead associated with intermediaries and payment settlement
Nurturing a culture of transparency and cooperation among members of the consortium
How TLT is Going to Improve the Travel Industry
The core idea is to create a system which is scalable, borderless, democratic, and trustworthy. Blockchain technology allows TLT to create a federated, distributed network over the internet enabling a host of data sharing applications and enabling smart-contract based services, such as a joint asset registry and information access management. By reducing the number of parties involved in - and ultimately, the complexity of - online booking and worldwide payments, travel becomes easier and less expensive.
The TLT system will be operated by a consortium of airlines, hoteliers, transportation providers and other related businesses. Each member of the consortium can continue to use their preferred data storage strategy - TLT’s new peer-to-peer protocols simply connects their locally stored data into a single virtual directory, making it searchable and downloadable according to permissions.
Data integrity is ensured by the use of a modular blockchain architecture. The consortium will be governed by an open foundation, whose aim is to the further develop, maintain, and improve the infrastructure.
Token distribution and funding
Token Distribution
67 % Free Market
20 % Token Reserve
10 % Team, Advisors, Early Supporters
3% Bounty Program
Token Funding
35 % Research & Development
25 % Sales & Marketing
20 % Partner Acquisition
10% ETH Reserve
10 % Admin, Operations, Founding, Legal
Early Bird Discounts
Pre-Sale: 23/04/2018 - 20/05/2018
30 % (Above 50 ETH)
20 % (1-50 ETH)
15 % (Below 1 ETH)
Public Sale: 21/05/2018
20 % (Above 50 ETH)
15 % (Below 1 ETH)
7.5 % (1-50 ETH)
Week 2+:
0 %
The Roadmap
Advisors
TLT’s Social Media channels
