Hello Gozo Community!
We have been getting a lot of questions regarding Gozo, the idea behind it and its platform lately. To make things easier, the Gozo team has compiled the answers for you in this thread.
What is Gozo?
Gozo is the industry-first blockchain-enabled loyalty points clearinghouse and travel savings club that allows you to:
- Aggregate, track, store, exchange, send, combine and transact with a variety of loyalty reward points and crypto tokens.
- Have access to a singular marketplace to convert loyalty reward points into GOZO tokens and 100+ of the most popular crypto and fiat currencies.
- Have access, through the Gozo PLUS membership, to luxurious travel opportunities with discounted prices on airline tickets, hotels, and cruises, and benefit from airport lounge access, travel insurance and medi-jet evacuation and more.
In a few words, the Gozo platform aims to serve the growing travel industry, fragmented and disenfranchised loyalty reward point holders, and covert more of the traditional buyers into the digital travel space.
Why Gozo?
As opposed to other blockchain solutions available, which rely heavily on the supply side of the adoption, Gozo will primarily focus on the demand side, consumer-end of the travel industry, providing immediate tangible value to users with the universal blockchain Gozo Wallet, affiliate crypto token rebates built — in loyalty reward clearinghouse and PLUS member benefit access.
Gozo focuses on unifying the disparate travel loyalty rewards programs where hundred of billions of dollars of unrealized value resides. By making all travel loyalty rewards trackable, tradable and potentially convertible into other crypto or fiat currencies, Gozo positions itself as the first mover and sole provider in this multi-trillion-dollar space.
What is the GOZO Token?
GOZO is a multirole utility token that:
- Enables exchange and liquification of loyalty reward points from various providers.
- Enables membership on the Gozo PLUS travel club.
- Grants access to wholesale priced travel products and services.
- Acts as a universal loyalty reward token for use on the Gozo platform.
What is Gozo PLUS?
Gozo PLUS is the membership club of the Gozo Platform. It is built on a three-tier membership model, Silver, Gold, and Platinum, made to cater for various levels of interest from frequent and, active business flyers to leisure travelers while providing luxurious amenities usually only available to first class travelers or for typically exorbitant fees. The Gozo PLUS membership club allows users to earn GOZO Tokens in the form of tokens rebate back to the user and while purchasing travel amenities through the Gozo platform, buy whole prices travel products and services, and receive travel benefits including lounge access, automatic travel insurance, and medi-jet evacuation that translates into added peace of mind.
Why on the blockchain?
We believe it to be a bridge between off chain users and their billions of dollars in loyalty points, and the cryptospace, allowing consumers to unlock value with their points and give them more freedom. Also, major consulting companies are looking to implement a loyalty reward points program on the blockchain. They are doing it because of a) added security b) reduced costs and c) frictionless transactions. They will be planning to build smart contracts into the loyalty rewards points, or what we at Gozo call “smart points”, to make it easier to interchange between partners as well as other added features.
Need a recap? Check out this video!
As always, you can reach us on our Telegram group for more information.
