GOeureka project: preview
What is GOeureka?
GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform. Our mission is to decentralise the hotel booking sector and deliver greater transparency by allowing hotels to directly connect with their customers. As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents. By reducing the financial commitments of hotels to third-party booking platforms, GO’s vision is to enable hotels to focus more resources on providing better intrinsic value and services to travellers around the globe.
GOeureka achievement :
We are looking to disrupt the current Online Travel Agency’s (OTA) dominance. OTAs currently manage 70% of online bookings, impacting hotel direct bookings and profit margins. OTAs typically serve unfavorable terms to hotels, with rate parity clauses and high commission rates. As the hotel’s technology partner, GOeureka seeks to maintain the hotel’s brand and their direct communication to customers.
how it work :
Website :
Hotels can list their products and services on the GO website where they will have full control of their own listings, rates, policies, and features. This aligns with GO’s objective of being a technological partner for hotels, creating a more transparent framework for all parties involved.
· GO will provide the following features on its website:
· Re-Booking feature that allows customers to obtain the best possible room rates when room
prices fluctuate
· Loyalty program subscriptions where users are encouraged to sign up for the hotel’s own loyalty program
· Hotel inventory management
· Feature factory that enables hotels to customize their offerings on the GO platform
GO App
Despite the availability of existing hotel-owned apps developed either through proprietary means or purchased and rebranded from white label sellers, GO’s platform includes a universal app that all hotels can adopt instantly without the usual additional charges or required development work
BLOCKCHAIN AND SMART CONTRACT
All transactions on the App will operate on GO’s smart contract. The smart contract acts as a communication layer between the platform and the blockchain. All transaction data will be sent to the smart contract to execute its terms, and the transaction will be stored in the blockchain. This removes the need for a middleman and facilitates lower transaction costs throughout the platform
GO Problem solved :
1. For consumers :
- lack of transparency leading to higher prices : Inequitable commissions to OTAs ultimately decrease hotels’ margins and increase consumer prices
- neglected hotel loyalty programs: Consumers miss out accruing points and subsequently free hotel rewards
- search bias: The manufactured bias through modified and reordered search results on OTA’s ultimately costs consumers choice and value
2. for hotels :
- Impact On Hotel Direct Bookings: Online travel agents dominate the sector, driving up to 70% of all online bookings
- High Commissions: OTAs charge hotels 15%–30% commissions, impacting hotel margins
- Lack of Access: Increasing dominance of OTA’s limits hotel’s access to consumers
Token Details
GO Token : The GO Token is a digital token or virtual currency designed to facilitate transactions on the GOeureka platform for the purchase of room nights, hotel services and unlocking a range of other benefits and travel rewards.
Token Type : Utility
Standard : ERC20
Token Ticker : GOT
Tokens for sale : 600 million tokens. All unsold tokens will be burnt
Token price : $0.10
Bonus Distribution : Private sale — 30% | Pre-ICO Phase 1–15% | Pre-ICO Phase 2–12.5% | ICO Month 1–10% | ICO Month 2–5%
Hard Cap : USD$60 million
We Accept : ETH, BTC, USD
Restricted Countries : USA, China
Token Distribution
Roadmap
Team:
Partners
website : https://goeureka.io/
Twitter: https://twitter.com/goeurekatravel
Facebook: https://www.facebook.com/GoEurekaTravel/
ANN: https://bitcointalk.org/index.php?topic=3382526.0;all
linkedin: https://www.linkedin.com/company/27176560/
Telegram : https://t.me/goeureka
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PERSONAL INFO :
bitcointalk username : steem01
bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2251815
ETH adress : 0x0B448c913cC7b8f1072215AbA22f79233036654e
