TRAVEL token is a utility based on the Ethereum standard ERC-20.
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.
|standart:||ERC - 20|
|Smart contract security audit report performed by||Callisto Security Audit Department|
Distribution of tokens TRAVEL
We carry out a marketing research for the interest of the market to a new way of buying hotel rooms. We conduct research among sellers - we communicate with managers and owners of hotels and tourist sites. We involve specialized industry specialists as consultants and experts
The statement of the technical assignment for developing the platform Travelvee programmers, the development of the platform!
Start of preparation of documentation for ICO
Launch of the site with information about the ICO
We represent and begin to test in the open mode Beta version of the Travelvee platform, we discuss with the community, we have access to register users and hotels.
Start of Bounty company
Begin presale, which is limited by the implementation of $1M
Launching the ICO
Registration of Travelvee Company in Bulgaria
Launch A version of the Travelvee platform and begin a two-year period in which we burn 100% the tokens received as a monthly fee from hotels.
Start bounty for hackers and programmers to identify bugs in the work of the Alpha version of the Travelvee platform.
The finish of ICO
Opening an office in Europe and selecting the necessary staff
Launch of the advertising company platform Travelvee designed for 2 years.
Transition to a mode of operation in which only 50% of the tokens received from subscribers will be destroyed.
Transition to a mode of operation in which only 30% of the tokens received from subscribers will be destroyed.
Transition to a mode of operation in which only 20% of the tokens received from subscribers will be destroyed.
Transition to a mode of operation in which only 10% of the tokens received from subscribers will be destroyed.