“This project is perfect for me! I travel to Norway and Sweden to visit friends and I just love the idea of blockchain making my airfare cost much more affordable! Thanks TravelBlock!” – Javier Ruedas
“Guys, it looks like a great idea and it solves so many injustices in the travel industry. My question is, can you make it happen?” – Andrei Vatca
Since the BETA platform launch on 28th July, we are seeing a lot of these comments everywhere on social media. TravelBlock has gotten positive reviews as well as a smattering of skeptical comments, but the good news is, travel booking on the BETA platform will continue until September when the full platform is released. Slow response times to KYC issues caused by the large numbers of people registering for the beta test have now been resolved.
Notwithstanding skeptics, TravelBlock continues to keep its ICO roadmap in sight with more partnership announcements and offers lined up for new members/token holders of the first booking platform on the blockchain:
- Earn 5% bonus TRVL reward tokens on all your travel purchases.
- Invite new friends who signed up on your referral link to buy TRVL tokens with great bonuses (get bonus TRVL tokens or bonus vacations).
- Token holders who buy 7 ETH worth of TRVL tokens will get a free 7-day vacation stay at one of TravelBlock’s signature resorts (check the site for availability).
Pre-sale token holders are automatically being given access to the beta software and discount travel search engine, but it is still possible for people who missed the pre-sale to give the beta a test drive by getting an invitation from a friend who joined the pre-sale, or through one of their beta launch token offerings coming soon. You must be a TRVL token holder to access the beta. See in the screenshot some of its features.
The TRVL token also provides a reward system for travel, so you can essentially “get paid to travel”. The more you travel, the more Reward TRVL Tokens you receive. This innovative system rewards token users, while also minimizing the volatility of the token. Reward TRVL tokens can be spent on any travel booked through the TravelBlock booking engine, but they are not tradable on exchanges like regular TRVL tokens will be.
Those who were not able to get the free vacation offer during the pre-sale will be able to qualify for a 7-for-7 special offer available soon during the ongoing beta test. Token holders who buy 7 ETH worth of TRVL tokens will get a free 7-day vacation stay at one of TravelBlock’s signature resorts (check site for availability).
Please see the terms and conditions for instructions.
What Is TRVL and how can it reduce travel costs?
For that candid query on “can you make it happen”, here’s the answer: In contrast with GDS/OTA, #TrvlBlock does not function as an intermediary agency facilitating transactions between providers and customers. Instead, it embraces a straightforward cost-plus retail model.
The TRVL token is an ERC20 based token that provides access to the TravelBlock travel network and its discounts. Holding TRVL tokens allows access to the TravelBlock Closed Consumer Group (CCG), which allows usage of the TravelBlock booking website where discounted travel offers are listed.
Because it is a closed consumer group for token holders only, there are no limitations to the types and sizes of discounts they can provide, and they can apply to any and every resort, hotel, flight, and cruise around the world. These are discounts that are not allowed to be listed publicly outside of the closed consumer group.
TravelBlock’s platform operates as a members-only system and it has effectively worked its way around “rate integrity” agreements which allows it to offer travel packages at a much lower cost to its members. This feature also guarantees that prices will not be adjusted based on the members’ spending and web browsing patterns.
One precaution, book your vacations ONLY where you see this logo:
These discounted prices are only allowed to be listed in a private closed consumer group (CCG), so TravelBlock is warning the community not to fall for pricing scams or look-a-like scams. Make sure you are logged into the TravelBlock Beta site and only access purchases through the official TravelBlock platform.
To know more, click here.