TRAVEL token is a utility based on the Ethereum standard ERC-20, making it compatible with a wide range of Ethereum-based platforms and services. This includes the growing world of Ethereum casinos, where you can explore unique and entertaining ways to engage with your TRAVEL tokens while enjoying the thrill of online gaming. Visit https://databasefootball.com/ethereum-casino-sites/ if you’re interested to paly Ethereum casinos.
The main function of the TRAVEL token is to pay the annual subscription fee for all subscribers
Travelvee - which provide accommodation services in hotels, other tourist destinations and
services on the Travelvee platform.
Also, you can pay TRAVEL token to anyone, by prior arrangement, of course.
Especially interesting is the economy of the TRAVEL token. The Travelvee team establishes this
rule: the first 2 years of the Travelvee platform - all TRAVEL tokens received from customers
(hotels and other tourist sites) will be completely burned. The development, implementation and
popularization of the Travelvee website will take place at the expense of funds raised by ICO.
During the third year of the Travelvee platform, 50% of TRAVEL tokens received as an annual
subscription fee from subscribers (hotels and other tourist sites) will be burned. During the
4th and 5th years of the platform operation, 30% and 20% of the tokens will be burned,
respectively. At the end of the 5th year of the platform operation and further on, we will
always burn 10% of the tokens received from subscribers (hotels and other tourist sites).
At the same time, we will always tie the price of our services to fiat money - now it is: 100 EUR
for a small object per year, 200 EUR for an average facility and 300EUR for a large object per
year, and the price of a token will be floating and will depend on the demand for tokens , which
are necessary to pay for annual subscription services to hotels on the Travelvee platform.
Burning TRAVEL tokens according to the stated program will lead to a sharp decrease in their number, and the growing demand for them - to a multiple increase in their value.
TRAVEL token
Platform: Ethereum
| symbol: |
TRAVEL |
| standart: |
ERC - 20 |
| Decimal: |
18 |
| Smart contract: |
0x38a811bb19665E9f4FF4061FA4b7e0Cca92507BA |
|
https://github.com/travelvee/TravelToken/blob/master/travel.sol |
| Smart contract security audit report performed by |
Callisto Security Audit Department |
|
https://gist.github.com/yuriy77k/261d8ee1afbb0d51f7a71757188e37bd |
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