TravelCash
PRE-SALE is CURRENTLY LIVE
.39 USD per voucher with 30,000,000 vouchers available for this round.
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Travelers checks for the digital age - with you wherever you go, 24/7
TRAVELCASH = Voucher Name
TCV = Voucher’s Symbol
4 = Decimal Places Accuracy
1,000,000,000 = Max total circulation
Company Milestones:
• Desktop wallets have been completed for Windows / Linux / Mac.
• TravelCash vouchers have been successfully integrated on Ascension’s platform.
• OpenFire Server has been connected to a voucher publisher; company has successfully minted 100 TravelCash vouchers to the treasury wallet.
• Mobile framework and 82 comprehensive wireframes have been completed.
• Finalized mobile apps for Android and iOS devices are due in 3Q 2018.
• TravelCash has agreed in principle to beta test mobile transaction processing systems with Vacation Agent Nation, a large U.S.-based travel agency, beginning in Q3 2018.
• TravelCash is in talks to integrate into payment systems at Mu Aye Pu, an “eco-city” under development in Burma.
• TravelCash has initiated contact to discuss payment systems for properties at Fort Galt, Chile and La Estancia Cafayete, Argentina.
In April 2018, TravelCash successfully completed the first retail transactions at Kilwins, a national franchise candy and ice cream store, located in Dublin, Ohio, in which a cryptocurrency was used as the method of payment.
The Next-Generation Ascension Platform
TravelCash is the first cryptocurrency to trade exclusively on the Ascension platform. The Ascension Foundation's technologies are second generation cryptocurrencies that use a highly secure hybrid of blockchain and off-blockchain fintech to provide a feature-rich environment for payments, atomic swaps, p2p exchanges, and private in-wallet marketplaces. These technologies were fully developed by 2011 and have been operational with multi-currency support since 2013.
TravelCash Wallet for Mobile Devices
A TravelCash app is being developed with many of the features of the desktop/laptop wallet, but is meant for the busy traveler on the go. A safe but simplified login procedure means it’s easy to use while at ski resorts, beach resorts, on cruises, or anywhere that a traveler wants to bring their cell phone and leave their worries behind. The app provides for a quick and easy "request money" system that lets a merchant or individual request funds to be sent to a particular wallet address. The app generates a QR code for that transaction, which, when scanned by a TravelCash app will populate the "send payment" form in the app. The traveler then hits "confirm payment" and the transaction is sent with receipts going within the app to each party involved in the transaction. We recommend that holders of TravelCash retain all receipts for their records and for tax purposes. Also, we recommend holders of TravelCash treat it like traditional cash and, for their safety, never carry more in their mobile wallet than they think they will need while traveling. The Android app is expected to be complete by mid-June 2018 and an iOS version is expected to be completed by mid-July 2018. Once these apps are complete, they will also serve as point-of-sale devices for merchants and consumers.
Financial Information
In an effort to sustain the long-term health and growth of our business, TravelCash has imposed the following lock up stipulations.
The company’s founders, directors, officers, employees, and other insiders shall be restricted from selling, exchanging, and/or trading his/her vouchers until such transfers are allowed under United States federal and state securities law, which is generally one year following such individual’s acquisition of any vouchers.
TravelCash Tokenomics
TravelCash will create a total of 1,000,000,000 (one billion) vouchers, with an initial release of up to 200,000,000 during the pre-IVO (initial voucher offering) and the IVO phases. Our goal is to raise up to $11.7 million USD in the pre-IVO and up to $131.3 million USD during the IVO.
Road Map
Q1 2018
• Seed round raised $966,900 and one note outstanding for $126,000 from a buyer due the last business day of May or it is canceled
• Ascension licensing completed
• Vacation Agent Nation agreed in principle to beta test the TravelCash payment solution
Q2 2018
• Desktop wallet completed
• Mobile frame work and 82 comprehensive wire frames completed
• OpenFire Server is operational
• Minting of TravelCash vouchers is operational
• April 25th, TravelCash completes two transactions at national franchise Kilwins in Beta Test
• Pre-IVO expected to commence by mid-June
• IVO expected to commence Mid-June
• Expected delivery of both Android and iPhone applications end of July
• Will start the process to list on reputable exchanges
Q3 2018
• Will secure letters of credit with banks utilizing IVO proceeds
• Initiate a letter to acquire a license giving us a version of the entire Ascension system
• Ramp up hiring sales staff
• Beta testing with Vacation Agent Nation to process vacation sales with TravelCash
• Will begin exploring money transfer sales for large hotel holding companies with subsidiaries in different countries.
• Listing on reputable exchanges
• Will begin work on T-Lock programming and marketplace programming
• Will begin exploring and testing various payment management systems to ensure seamless integration
• Select up to 25 winners of TravelCash sweepstakes to beta test at three large hotels and two cruise companies
Q4 2018
• Will round out hiring sales, tech development, IT and management teams
• Will begin the sales process to travel merchants (hotels, cruise lines, OTA’s, etc)
• International beta test; winners of TravelCash sweepstakes to fly to Jamaica, Bahamas, Mexico and two cruise ships to beta test TravelCash internationally
• Goal to sign up 10 key clients in hospitality by end of Q4
Q1 & Q2 2019
• Will roll out Silver, Gold, Platinum awards for our TravelCash holders
• Expected completion of T-Lock feature
• Roll out of our Super Bowl commercial partnering with a key client
• Expected an additional 5 million new wallet downloads based off of 103mm viewership at 5% conversion
