TRAVELVEE

TRAVEL
Starts: 12/1/18 Ends: 2/15/19

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Market

Competitive Advantage

Team

Token

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Market

Competitive Advantage

Team

Token

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1

Chris Devon | ICO investor

nice product

Market

Competitive Advantage

Team

Token

Adoption

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Market

Is there a clear problem solved by this project? Can you clearly picture the customer? Is the market large and growing?

Competitive Advantage

Does the team have a moat that will keep competitors from overtaking them?

Team

Does the team have a track record of success? Deep knowledge of this industry? A large network of contacts?

Token Mechanics

Does the problem truly require a blockchain? Do you understand how the token works? Do they have a demo?

User Adoption

How likely is it that users will understand this project, and actually use it?

Quick Summary

38 Investors read this

Travelvee aims to provide a platform that enables hotels and tourist facilities to communicate directly with customers to sell unoccupied rooms exclusively.

Pros

  • Travelvee has the potential to decrease hotel vacancies while providing unique offers to potential tourists.
  • The platform enables increased communication between travelers and tourist locations.

  • Cons

  • The project may have difficulty competing with online platforms that are already established in the tourism industry.
  • Team members’ prior career experiences are not transparent.

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    Raised Amount Unreported: contact us to update this information

    How to Invest

    Please Read How to Invest in ICOs
    Then see TRAVELVEE Investment Instructions

    Investment Information:

    • How to invest: For information on how to invest in the Travelvee token sale, visit the website.
    • Discount:
    • 12/01/2018 - 12/31/2018: 30% Bonus
    • 01/01/2019 - 01/31/2019: 20% Bonus
    • 02/01/2019 - 02/15/2019: 10% Bonus
    • Eligibility: US, China, and South Korea are restricted.
    • Payments Accepted: ETH

    Market: 3

    • The project is attempting to address a common obstacle that many hotels face, namely, how to increase bookings. On average, hotels operate between 30-55% capacity, and even during seasons where travel is more common, 100% capacity is rare.
    • Travelvee intends to bring value to the market by improving pricing models, reducing hotel expenses, increasing hotel profitability, and reducing costs for consumers.
    • Travelvee will be competing with the likes of big companies such as Travelocity and Trip Advisor, in addition to other ICO projects with similar goals.
    • The tourism industry experiences consistent annual growth and is estimated to be worth around 15% of the global GDP.

    Competitive Advantage: 2.5

    • Travelvee’s platform enables early booking requests to be made by platform users specifying the details of their trip. Tourist facilities on the platform that meet the customer’s demands will, in turn, make personal offers within the first 24 hours. The offers will be anonymous and will allow direct communication between consumers and clients, all while promoting fair competition between tourist sites.
    • The platform will also allow tourist sites to make direct offers to potential consumers while providing additional communication free of fees and commissions.

    Team: 2

    • The project’s CTO, Kostadin Bashev, has good leadership experience as the CEO of BID IT and the former managing director of Webcode.
    • Travelvee’s team members do not all have their LinkedIn profiles available on the website, but there is a social media link available for all team members.
    • Travelvee’s social media manager, Jane Iyamah-Mkpa, has experience as a community manager for blockchain projects such as Pantercon, MyCryptoBank, and Musards that will likely be helpful for engaging community members and marketing the project.
    • Team Members

    • Kostadin Bashev (LinkedIn)
    • Riyadul Islam (LinkedIn)
    • Jane Iyamah-Mkpa (LinkedIn)

    Token Mechanics: 3

    • Travelvee’s MVP showcases the platform’s functionality.
    • The TRAVEL token will used as a medium of exchange between the platform and hotels. Platform users have the option to pay for hotels with fiat or TRAVEL tokens.
    • Hotels must pay for their platform subscription fee in TRAVEL.
    • Token Supply: 30,000,000 TRAVEL
    • Tokens will be burned on occasion to reduce the supply and increase the price of the token.

    User Adoption: 2.5

    • Travelvee is a project with a clear mission. The biggest obstacles that could stand in the way of user adoption are its competitors and any marketing missteps the project makes.
    • Travelvee has generated a small amount of buzz around the project with over 6,000 followers on Facebook, over 11,000 followers on Twitter, and almost 500 members in the Telegram group chat. The project does have some engagement across its social media accounts, but this activity may not be organic since most of the comments appear to be repetitive.

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