TripBIt CEO George Rozos speaks to us about the project and upcoming crowdsale;
Hello George, briefly introduce us to the TripBit project.
The TripBit ICO seeks to take over the $7.6 trillion-dollar travel industry through two platforms. Firstly, our core all-in-one online bookings platform where users can purchase bookings for flights, hotels and events/activities without having to navigate a plethora of different websites to find the best deals. In addition, we are supporting payments in major cryptocurrencies, with discounts for TBT. Our second platform is a decentralised, secondary peer-to-peer marketplace for the buying and selling of tickets by consumers that would otherwise be non-refundable, giving the power back to consumers. We see our platform rapidly generating traffic whilst stealing market share with our first-mover advantage, and are building relationships with other sites for TBT to be the globally accepted currency of travel.
What is the current market size for your industry and how much of this market share do you envisage to control in 3 years?
The travel industry is worth over $7.6 trillion dollars and this does not even include the global tourism industry. TripBit is strategically placed to steal massive market share through its first-mover advantage as an online bookings service provider to sell flights, hotels and events/activities to consumers for either major cryptocurrency or fiat currency. Through this business model, TripBit is able to cater to both markets and increase its demand for both its products and the token itself.
What makes TripBit different from similar projects on blockchain?
Most travel agents only accept payments in fiat, exposing the customer to a variety of unnecessary problems such as extortionate exchange rates, transaction delays and double bookings. Using TBT for the purchase of travel & tourism goods and services allows consumers to benefit from real-time booking, lower fees, greater security and privacy, and a rewards program for the all-in-one travel planner. Corporations will also benefit from our token through easy event promotions and reseller services to create new revenue streams. TBT is a decentralized token built on the Ethereum blockchain. It has Day One support from a real company, where users will be able to purchase online bookings for flights, hotels and events all under the one platform, or facilitate their own ticket sales through our decentralized, peer-to-peer secondary marketplace. It is as easy as linking your ERC-20 enabled wallet to our platform as a method of payment, or as a method of payment to partner platforms.
How do you plan to build an ecosystem of users around the project?
For the ICO process, our community will be focused around our Telegram group and our twitter where we engage in daily conversation with our followers, investors and users. After the ICO, TripBit has already established strategic, forward-thinking partnerships and is well positioned for post-ICO operations. Immediately after the ICO, we are expanding the TripBit team by leveraging on our partnership with AAR Consultancy to continuously identify and acquire even more talented developers and engineers. Whilst we do this, our core team will be adding the final touches to our travel & tourism platforms and conduct an initial trial to the Australian market. From there, we optimise the platform and then connect with our partners in Asia and America to begin our global rollout.
How soon will your tokens be tradable on exchanges and any hints of which exchanges will be trading?
We will be on exchanges within a month of ICO end. We will be listed on a major exchange.
Briefly run us through the process of your token sale.
Pre-Sale will be from the 21st of March to the 24th of April 2018 and a 35% Bonus. Additional bonus details can be found on our website https://www.tripbit.info/
Thanks for you time George, we wish you a successful crowdsale.
Thank you too.
For more details, follow the TRIPBIT ICO here.