[ANN] Travelcoin - The Future of Travel is Here... ICO NOW LIVE

[Travelcoinico]

i see potential in this project and in the travel sector, but the ico seem bit sudden since i just stumble across it on the 5th of July which also is ico day. Best of luck

Thanks for the good fortune, we agree it's late. Resources have been focused elsewhere but will be here to support and answer questions during the ICO.

[fudster]

Coming again new cryptocoin with travel-based interesting idea. Such a coin project will be successful if dev uses a good marketing strategy, will even achieve fantastic results.

Thank you for the positive words, we have a fantastic team behind Travelcoin and can guarantee we'll be a heavy hitter in the years to come.

And it looks like the team is going to travel far away to get away with the ICO funds without escrow. This is the first that investors wants to see in your website but you  didn't put it there and its less than a day where your ICO is going to start.

[AlexBitc]

Looks like fake ICO. I mean the founders just wanna to collect the money and won't develop product. Because landing page is awful and white paper likewise. It's doesn't sell to me. Really fake. I make like this site for 10 minutes and create a wallet for 15 min. Is it enough for ICO? Ha ha ha  Show me the product which works minimum 1 year! Why do you need your ATM for this?  It's ridiculous. Just what you work in travel in insurance industry couldn't be the right to spend the ICO. Your company started 1 month ago. Your site created 1 month ago. Your OTA doesn't work on your landing, i can't find any hotels. Your facebook created 1 month ago and it has just 5 news. Ok 1 news from Forbes just for   investors who doubt but it doesn't describe about your company and your team. Your company can't use this news in your ICO. I won't buy your token because it looks like fake and don't recommend to everybody 

[Fredomago]

Coming again new cryptocoin with travel-based interesting idea. Such a coin project will be successful if dev uses a good marketing strategy, will even achieve fantastic results.

Thank you for the positive words, we have a fantastic team behind Travelcoin and can guarantee we'll be a heavy hitter in the years to come.

And it looks like the team is going to travel far away to get away with the ICO funds without escrow. This is the first that investors wants to see in your website but you  didn't put it there and its less than a day where your ICO is going to start.

yeah escrow since a lots of this crap happen inside ico with some honest escrow the project will be entrusted and investors have chance
to regain if ever things wont go according to the plan.

[lodasama]

its impossible to speculate long term but if you believe the project has potential then hold and let it grow.
 

[Travelcoinico]

Looks like fake ICO. I mean the founders just wanna to collect the money and won't develop product. Because landing page is awful and white paper likewise. It's doesn't sell to me. Really fake. I make like this site for 10 minutes and create a wallet for 15 min. Is it enough for ICO? Ha ha ha  Show me the product which works minimum 1 year! Why do you need your ATM for this?  It's ridiculous. Just what you work in travel in insurance industry couldn't be the right to spend the ICO. Your company started 1 month ago. Your site created 1 month ago. Your OTA doesn't work on your landing, i can't find any hotels. Your facebook created 1 month ago and it has just 5 news. Ok 1 news from Forbes just for   investors who doubt but it doesn't describe about your company and your team. Your company can't use this news in your ICO. I won't buy your token because it looks like fake and don't recommend to everybody 

We really appreciate your one post to be all negative about us. The OTA isn't supposed to work, it's there to "show". And us being under marketed could be a huge advantage to early investors. Get in early while the coins are limited! And why wouldn't we use an article explaining how blockchain will take over the travel industry on our site. Thanks for your input, really appreciate the fact you made an account to throw negativity around our product. Maybe there's something to be said about the developers who take a year to start...

[Travelcoinico]

ICO Started, Visit https://www.travelcoins.io/ now to claim the biggest bonus!

[kuyachris]

Not quite sure why this post is catching so much flack. Seems like a great idea with a lot of potential tbh. Will definitely be purchasing some travelcoin.

[AKalike]

Im interested, but whats different about you guys compared to the hundreds of other coins out there?

[Travelcoinico]

Im interested, but whats different about you guys compared to the hundreds of other coins out there?

Hey,

thanks for your questions and here's your answer.

We have a huge industry to work with, we have a fantastic team with real contacts in the industry. With no other coin structured for the Travel industry, Travelcoin has captured the biggest industry in the cryptocurrency market. With our specific integration into developing the best coin to be used in the travel industry this will allow for adaptation into the real world markets to be as painless as possible and that’s a huge advantage Travelcoin can bring over any other coins in the world today.

[Ingramtg]

Coming again new cryptocoin with travel-based interesting idea. Such a coin project will be successful if dev uses a good marketing strategy, will even achieve fantastic results.

Thank you for the positive words, we have a fantastic team behind Travelcoin and can guarantee we'll be a heavy hitter in the years to come.

And it looks like the team is going to travel far away to get away with the ICO funds without escrow. This is the first that investors wants to see in your website but you  didn't put it there and its less than a day where your ICO is going to start.

exactly , why post here and ico at once ?  let people know about your teams and the detail first

and then begin it will be better than open now

[Dr Charles]

eh... this is a pass for me right now...

[Yatsan]

"I want to reserve the Filipino translation
Here is my past work:
Ann Thread: https://bitcointalk.org/index.php?topic=1967393.0         
https://bitcointalk.org/index.php?topic=1979016.0         
https://bitcointalk.org/index.php?topic=1992574.0     
whitepaper:
https://drive.google.com/open?id=0B1jHpabHUalFQ19hVDliX0dscFE

[Travelcoinico]

eh... this is a pass for me right now...

Hey, feel free to bring up and questions/concerns you have. We understand we've left this community in the dark and only just recently started reaching here.

[Sikka157]

Doesnt look like a genuine ICO. The concept is good. Something for travel industry has a huge potential. I was planning to invest 1 ETH on this ICO and started browsing their website, didnt find a lot of details about the team. I also found grammatical errors here and there. Looks like they built everything in a rush and started the ICO too fast before anyone knew it.

[WindingTree]

Travelcoin dives into a worldwide travel industry for the everyday commute as well as the vacation get away. Say goodbye to paying hidden fees, double booking seats, points you can’t spend, and say hello to real time booking and the lowest fee’s in the market.

It's somewhat unclear what Travelcoin is going to be. Will it cut the middleman? Will it be a loyalty program? How does it avoid double booking?

Major travel outlet sites like Expedia/hotels.com/Trivago/Travelocity etc charge a minimum of 7.5% fee for booking through their website. Travelcoin will offer the lowest fee of any other travel sites while offering a platform that incorporates all forms of travel and many improvements to today’s major travel sites.

First of all Expedia, Hotels.com and trivago are all the same company. One could argue that trivago is public - but Expedia owns a majority stake in it. The 7.5% fee is also somewhat pulled out of thin air. OTA fees typically reach from 10-25% and Trivago isn't even an OTA it's a CPC meta-search platform.

Travelcoin (TRV) is a blockchain protocol that is customized for the travel industry using smart contract technology. The Travelcoin protocol and its Decentralized Applications (DAPPs) targets key travel benefits and allows for instant bookings, spendable rewards points, from anywhere in the world at the lowest fees. The Travelcoin smart contracts ecosystem makes this possible by handling the sale (contract) of the ticket between the ticket holder and the traveler through the Travelcoin ecosystem. Travelcoin (TRV) tokens are required to run the Travelcoin ecosystem through the ether network as ‘fuel’. While initially you can use the TRV tokens as currency on the Ethereum network, however in the long run it is meant to keep the Travelcoin blockchain running.

"by handling the sale (contract) of the ticket between the ticket holder and the traveler" somewhat unclear whether it allows you to buy already issued tickets from ticker holders or actually source tickets from suppliers. The distribution ecosystem in travel is highly complex - would be interesting to hear what you do exactly, how you circumvent GDS, OTA, TAs, create a standard and have suppliers integrate into the platform.

Lowest Fee’s: Travelcoin will offer a 1% fee. That’s significantly lower than any other booking website!

A decentralized service which charges a booking fee? Why even use blockchain?

No double booking: Using Travelcoin’s smart contract system and the speed of the blockchain you’ll never have to worry about double booking again.

How?

Spendable Rewards Anytime: A rewards program with a set dollar figure involved for each point and spendable anytime is long overdue in the travel industry. That’s why Travelcoin will be implementing a rewards program to users that allows them to earn cash back with purchases.

How?

Reseller Services: Ever booked a trip and then tried to cancel? Not the easiest thing to do unless it’s for a medical emergency and they usually charge a hefty fee for a cancellation. At Travelcoin you’ll be able to sell previously booked vacations/tours/trips to another traveler.

How can I sell a hotel booking or airline ticket to another person as both of those bookings are in my name?


As for the rest, all numbers seem to be pulled out of thin air. No actual sources. "In the News" section of your website links to 3 random articles about blockchain which have absolutely nothing to do with you. The services you're looking to provide are absolutely impossible to integrate into today's travel distribution system. Although your whitepaper and site is very unclear about what you're actually looking to book - why do you charge a 1% fee booking? Isn't it meant to be decentralized and free?

Would be happy to read your answers and hear about some of your industry partners.

If you're interested in reading about our distribution solution to travel you can read about us here https://bitcointalk.org/index.php?topic=1946065.0 and find out whitepaper here http://windingtree.com/ you can also see us in TUI's latest video about blockchain in travel on Youtube https://www.youtube.com/watch?v=xp16S51uQUs

[kacakkipri]

No introducing time between announcement and the ico  If you had already explained your progeny and campaigns you were likely to be successful.

[WindingTree]

Doesnt look like a genuine ICO. The concept is good. Something for travel industry has a huge potential. I was planning to invest 1 ETH on this ICO and started browsing their website, didnt find a lot of details about the team. I also found grammatical errors here and there. Looks like they built everything in a rush and started the ICO too fast before anyone knew it.

You're totally right. Travel is a major area in need of a proper blockchain application, but it's also highly political at the moment due to the duopolies which have formed around it over the years. They also seem to want to do everything, from paying for your bus ticket to space travel. Travel is a vast industry and bus ticketing infrastructure is vastly complex - check out the TfL - and moreover has nothing to do with hotel and flight bookings.

We welcome competition in the travel blockchain space, but are also highly critical of new projects which claim to be "BETTER THAN OTHER CRYPTOCURRENCY" without any real explanation of what they are doing and how they will achieve their goals.

[skyline_king]

idea is there marketing and time is bad. this coin is so rushed and website is junk just a basic script.

[bubblegum86]

Sorry can you just explain to us.. why do you need 150 million to realize this project?
5 million to realize website?? 7.5 million to make app?

Please explain