Trivecoin (TRVC) A DECENTRALISED SOCIAL TRAVEL CRYPTO-CURRENCY
1. Introduction
In the near future, there will be 370 million travelling Millennials worldwide. Who, until the inception of Trivecoin, had extremely limited access to social travel communities that offer useful local interactions, as well as affordable, secure, instant & high-quality curated experiences.
Recent research has revealed three key trends which have shifted the landscape of travel: A growing weariness of big tourist attractions, Millennials travelling more often, and their desire to delph into local cultures. Consequently, activities on-going in this space from companies like Airbnb have diverted towards providing experiences that go beyond the tourist service trail. Likewise, TripAdvisor have developed increasingly sophisticated channels for their users to access information about destinations through acquisitions of start-ups providing related and relevant services.
1.2 Overview of Trivecoin
Welcome to the latest innovation of cryptocurrency – Trivecoin (TRVC). Trivecoin has the immense potential to revolutionize the travel industry to change the way travelers, agencies and transportation systems come together in Trivecoin’s self-sufficient standard coin ecosystem within a global community. Thanks to the innovative business model underpinned by these Blockchain based coins, everyone in possession of Trivecoins will have the opportunity to enjoy unique benefits such as lower costs and the avoidance of double lowest fees.
Trivecoin bring a new breath of taking the travel industry to greater heights. Fiat currency conversions done during travel can cost you a hefty hidden transaction costs. Trivecoin saves travellers from exactly those high transaction fees. Trivecoin and its team is already working on a move to make conventional currency exchangers to join the network derived under Trivecoin. Furthermore, Trivecoin can serve as an escrow. You can pay your accommodation with Trivecoin. When you arrive, you can be sure that you will receive everything you have booked and paid for in advance.
KEY FEATURES OF TRVC:
- Instant worldwide transactions
- Escrow service over the network
- Direct 100% secure and decentralized from wallet to wallet (peer to peer)
- TRIVE VIP Masternode Network (POS) & Masternode Reward Program
- True ASIC resistant decentralized mining(POW) coin & GPU mining.
- ExclusiveSend(ES) & DirectSend(DS) functions
- Mobile nodes to keep the network more decentralized and faster
- BizContract function
- Contribution to charity
We are creating the next-generation decentralized travel platform, allowing for a true peer-to-peer economy to spur creativity and innovation in the travel industry.
1.3 Pre-ICO
Pre-Launch Offering (23 NOVEMBER 2017)
Trivecoin pre-sale target of 500,000 Trivecoins with the price of $0.50 against $233,700 was hit on 10 DECEMBER 2017. Proceedings will go towards further development of Trivecoin’s decentralized applications and global marketing ahead of the ICO.
Pre-ICO Launch
Our pre-ICO coin sale will have 12,600,000 TRVC to be sold and the price through the launch will be:
Tier 1: TRVC (500,000 coins to be sold in this tier)
Tier 2: TRVC (4,000,000 coins to be sold in this tier)
Tier 3: TRVC (3,800,000 coins to be sold in this tier)
Tier 4: TRVC (3,200,000 coins to be sold in this tier)
Tier 5: TRVC (1,100,000 coins to be sold in this tier)
The pre-ICO coin Launch will be ongoing from NOVEMBER 23th 2017 until MARCH 30th 2018 or our cap is reached with each tier becoming available following the previous tier's coin allocation is sold out.
PProceedings will go towards integration and implementation of TRVC coins into the Trivecoin travel ecosystem, realization of the product roadmap as well as global expansion and team growth.
Target sold: 12,600,000 TRVC
Scheduled Start: NOVEMBER 23th 2017
Planned End: MARCH 30th 2018
Raised Amount allocation:
30% Tech Research & Development
20% Marketing & Business Development
45% Intergration of Hotel & Travel business
5% Legal
Trivecoin Distribution:
15% Pre-sales
5% Marketing
10% Team
10% Community
60% Mining
1.4 Trivecoin crytocurrency summary
Genesis Block Created:
Thursday, March 01, 2018 11:00:00 GMT
Name:
Trivecoin
Symbol / Tag:
TRVC
Website:
www.trivecoin.ioGithub / Source Code:
Will be released after the ICO
Algorithm used:
X11
Forum:
www.trivecoin.orgConfirmation:
6
Hash Algorithm:
x11 algorithm
Proof Scheme:
Proof-of-Work, Proof-of-Stake
Coins to be Issued:
33,600,000 form the ICO + 50,400,000 coins after 60 years of mining will lead to a total of 84,000,000 coins.
Block Time:
Starts at 2.5 minutes on x11 algorithm
Block Reward:
50 TRVC per block
BizContract:
Yes
Difficulty Retarget:
DGW algorithm/Time-warp
CRYPTOCURRENCY FOR THE NEW AGE
Join the travel evolution!Website:
https://www.trivecoin.ioFacebook:
http://www.facebook.com/trivecoinTelegram:
http://t.me/trivecoin
