LockChain Marketplace Official Alpha Launch

We are happy to announce that as a result of the extensive development that had began mid 2017, we are able to deliver the LockChain Alpha Travel Marketplace.

This reaffirms LockChain.co as the first company to enter the blockchain space with a viable travel service. A service which because of its 0% commissions policy, offers immediate added value to both travelers and hosts.

The alpha version of the marketplace is available at https://alpha.lockchain.co and still has some polishing to be made but is functional for both travelers and hosts.

Any host can add his own property and enjoy zero expenses on listing and 0% commissions on revenue that he is able to generate.

If you are a host, please register, list your property and give us your feedback.

During this alpha version, payments will be directly secured between travelers and hosts. Everything will be verifiable by the blockchain and LOC can be liquidated by the hosts on any of the exchanges on which LOC is tradable. We will be aiming towards integrating the built-in blockchain wallet management as soon as the next month.

Here are some of the main features that the marketplace has to offer:

General Features

• Free property listing with 0% commission on revenues
• User Login/Registration with Re-Captcha integration
• Forgot password/password recovery via security token generation
• Profile details management
• Built-in Messaging between users
• Personal LOC/ETH wallet linking to profile
• Real-time Multi-currency (GBP, USD , EUR) support via API connectivity
• HTML5 Mobile Responsive design via React JS — still some polishing to be done, so please don’t worry if you see some ux flaw on your mobile
• Integration with 600+ bookable properties

Marketplace Storefront Features

• Dynamic homes search with real time availability and pricing check- Currently with a selector for countries based on available inventory. We will soon be switching this to city based search with autocomplete for city specific searches.
• Display of Cleaning fee & Deposit rate per property
• Dynamic calculation of LOC/FIAT rate through averaged LOC price from Coinmarketcap API — Meaning that rates for properties are configured by hosts in fiat, and the price shown in LOC is automatically adjusted to current LOC rate, so that it will always match the fiat equivalent at time of booking
• Property page with integrated Gallery and Cover photo
• Property integration with Google maps
• Booking Request — In case a traveler initiates a booking request, the host will get a notification with the details of the booking, and will be able to initiate communication, and change status to “Cancelled” or “Completed” upon verifying payment.
• LOC Payment instructions via e-mail upon initiation of a booking request
• Property calendar with availability and rates — you can browse up to 90 days ahead and see the specific rates a property has. This way you can choose the best possible rates if you have a flexible travel window ahead.

Dashboard/Log-in user area

• Inbox with messages for hosts and travelers where they can arrange the details of their bookings
• Hosts can now set Deposit rate & Cleaning fee
• Login area with “My Trips” dashboard for travelers to keep track on their bookings.
• “My Reservations” dashboard for hosts to keep track of their bookings
• Bookings request management with possibility to Cancel/Confirm
• Integrated links to etherscan.io to verify if payment has been sent/received on both “My Trips” and “My Reservations” dashboards under the specific bookings.
• Individual payment instructions in “My trips” dashboard for travelers with email confirmation. Unless you specifically request, hosts will send out booking payment instructions by default to travelers.
• Display of current LOC rate in EUR (soon to be added for USD and GBP/ depending on user currency preference)
• Property Listing with possibility to choose amenities, location, photos, area, description etc. — you can add and delete properties. Editing will be enabled with next week’s release
• Default daily rate for properties — when you add a property you can choose a default rate. It will automatically populate the calendar for your property for this rate.
• Custom rates and availability management through calendar editing — you can set custom rates for specific dates, based on the market demand, that won’t change your default rate

At the moment search is possible via country selector. We will be switching to city based search with autocomplete in the following week as our inventory starts to grow.

Next big milestone in the marketplace development is the DAPP integration (which has also been going great as a simultaneous process) and in Feb 2018 we will be integrating 100k hotels for our hotels section launch.

We have also began working on the mobile apps for Android and iOS. We will be posting updates about those as well.

All of the hotels will be bookable in LOC.

LOC token is limited to a total of 18.5M tokens, of which only 9.25M are in circulation at the moment.

LOC is tradable on the following exchanges at the moment

HitBTC

Gatecoin

Mercatox

Etherdelta

We want to thank our community for the loyal support! We will be continuing our weekly tech dev sprints with regular improvements on the platform and will continue to update with each following update/deployment.

For more information, feel free to join our Telegram .