Monthly Recap | August 2018
Dear Community!
In an attempt to improve the communication regarding our project progress and on what we are actually working on, we will be sharing monthly recaps from now on.
That way, we hope to objectivise the impression regarding our work progress and give our community the possibility to compare and monitor development speeds.
We also want to be as transparent as possible and save our community members the time of gathering all info from different announcements and events.
So, what did LockTrip achieve in August 2018?
Important Milestones
August 5
Mobile Apps version 1.0.6 released
August 6
Mobile Apps update for version 1.0.8 released
August 6
Conducting the promised Lucky Draw and sending the LOC tokens to the winner
August 9
Mobile Apps version 1.0.9 released
August 10
Work starts on the LIT (LockTrip Interactive Tool), which can be used by our community members to reach and inform new people about LockTrip.
August 14
KuCoin voting distribution is completed
August 16
Completing the interface and releasing a Sneak Peek for the Fiat Payment Feature
August 19
Smart Contract version 2 reaches completion
August 21
Small scale (Telegram only) announcement of the LIT. Feedback gathered from our community to improve features and quality
August 22
LOC gets listed on KuCoin
August 22
Mobile Apps update for version 1.0.10
August 23
LockTrip announces the Beta-Marketplace
August 25
Mobile Apps update for version 1.0.11
August 30
LockTrip participates in the OKEx voting competition
Bugs and Features
→ Improved codes regarding the booking status (based on feedback)
→ Improved smart contract technology
→ Customers pay now less gas per booking
→ More helpful error messages with directives (based on feedback)
→ New feature to show the exact amount of ETH needed to pay for the transaction
→ Multiple bugs fixed in profile settings
→ Fixed critical bugs regarding the booking process
→ Fixed multiple buttons and interfaces
→ Mobile apps migrated from webview to native client (much faster)
→ Email verification process improved
Other progress
- All 14 elements of the fiat payment feature have been completed and are now in the testing phase
- Great progress in research regarding alternative blockchains
- Significantly reduced error rates during the booking process
Summary
As it is evident by the progress we are doing, bug fixing and mobile apps development are the most important tasks we are currently focused on and spending our resources on. This is very important prior scaling. While such progress might be difficult to spot from the outside, we are experiencing a significant drop in reported errors and malfunctions. While we received multiple errors per day in July, this rate has dropped below 1/day in August.
This is the result of thousands of hours of bug fixing work and improvement of the mechanics. We will continue along this path and work down our list of bugs and features further in order to increase reliability and stability.
In addition, we are constantly improving the smart contract to reduce fees and make it more practical for our needs.
We are also doing great progress in business development. More info on this front will be shared in September or October.
As always, we will continue to deliver on our promises and add more value to LockTrip every passing hour.
Thank you for your trust and patience!
LockTrip is the first marketplace with 0% commission where you can save on average 20% on your hotel and rental bookings compared to anywhere else. Learn how to buy LOC tokens to enable access to our marketplace and its lower prices here!

