Tripio To Integrate TOP Token As A Method Of Payment For Over 450,000 Lodgings Worldwide
TOP Network announced strategic partnership with Tripio, a decentralized travel marketplace, to explore areas of collaboration. Tripio will be incorporating TOP Network’s token TOP into their decentralized travel marketplace as a method of payment that their 800,000 global customers can use to access over 450,000 accommodations around the globe.
Tripio is a decentralized online travel marketplace and agency without any middlemen. The team behind Tripio has a vast amount of experience in the online tourism industry, and have already run a successful travel marketplace for the past three years. Their new and improved blockchain based travel marketplace streamlines the booking process, reduces costs, and creates a verifiable trust network among strangers. The platform accepts legal fiat currency and cryptocurrencies as payment, including ETH, TRIP, BNB, HT, and now TOP.
“Blockchain technology can solve problems in efficiency and trust in many industries,” said Wei Shen, CEO of Tripio and former senior VP at Elong.com. “TOP Network has an excellent technology team and a large user base, which makes it one of the hottest blockchain projects. This strategic cooperation between Tripio and TOP network will enrich Tripio’s user base and payment system, and accelerate the circulation of TOP token as well.”
TOP Network is building a decentralized cloud communications network powered by blockchain technology and their token TOP. Tripio will introduce TOP as a payment option for the over 450,000 lodgings already listed on their platform, creating yet another use case. TOP Network and Tripio will also collaborate in the area of community development, pooling their communities and resources with the goal of spreading awareness of both projects.
“We are very pleased to announce that Tripio will be integrating TOP token into their marketplace,” said Steve Wei, founder and CEO of TOP Network. “The Tripio platforms presents a great opportunity as a yet another valuable use case for our token. Tripio’s already vast number of 450,000 listings could create substantial demand for our tokens, and ultimately increase liquidity of TOP. We look forward to working with Tripio toward increasing awareness of our respective projects.”
About TOP Network
TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more.
TOP Network is also a high-performance public blockchain platform designed to handle real-world business of any size or volume. Powered by innovations including three-layer network, two-layer sharding, two-layer lattice DAG and PBFT-DPoS*, TOP can process several hundred thousand transactions per second on the blockchain.
The long-term mission of TOP Network is to build a public blockchain infrastructure for all Dapps. Our world-class team of over 100 developers is striving for this goal.
TOP Network originated from the common underlying network layer of Dingtone, CoverMe and SkyVPN, three communication apps built by the TOP team before the blockchain project. These apps, having attracted over 60 million users in total, will be ported to TOP Network upon the launch of TOP and generate huge volumes of transactions in the TOP ecosystem.
TOP Network was founded by serial entrepreneur Steve Wei and his colleagues in late 2017. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded a successful video conferencing software company which was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a public listed company operating popular communication apps such as Dingtone, CoverMe and SkyVPN.
On March 26th, TOP Network made its debut as the first project launched through Huobi Prime — Huobi’s selective Direct Premium Offering platform. A total of 1.5 billion TOP Tokens were sold out in seconds, after which the price of TOP surged 2770% once it was freely tradable. Upon the listing, TOP’s trading volume hit $100 million in just eight seconds, and surpassed the trading volume of Bitcoin at $167 million in less than a week, ranking first in terms of volume on Huobi Global. Before that, TOP Network has closed $15 million early investments from prestigious institutional investors and individual billionaire investors, including DHVC, Fenbushi Capital, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital and more.
Tripio is the first travel marketplace based on the blockchain. It leverages the decentralized network provided by blockchain technologies to directly connect global customers and service providers. Moreover, it builds a service ecosystem based on transparent, tamper-resistant trust and incentives. The blockchain technologies Tripio leverages help reduce transactional and operational costs in travel industries, as well as improve customer experience in their respective products and services. On the Tripio platform, a service provider can publish her unique service terms and conditions using smart contracts. From the moment a purchase initiates to the end of the travel, every step along the way can be enforced and monitored by smart contracts. Should disputes arise, Tripio provides dispute resolution by means of community self- government mechanisms. Tripio comprises of its dApps and a set of Tripio Protocols that forms the basis of the new ecosystem. The Tripio dApp and the Tripio Protocals are powered by the ERC-20 utility token called the TRIO token. Customers may use Tripio dApps directly. At the same, any third-party may build its own dApp by leveraging the open Ethereum protocols.