GOeureka:THE REVOLUTION IN ONLINE HOTEL BOOKING
INTRODUCING GOeureka
GOeureka (GO) is creating a blockchain based, smart contract enabled platform that will allow the hotels to directly interact with customers by providing a commission-free online experience. The GO platform will include a web-based inventory management system for hotels, web-based booking engines for rooms and services, that will be available for all the major software platforms, including Android and iOS.
GOeureka and its Features
Major features of the GO Platform:
No Rate parity clause: Hotels are subjected to rate parity clause, where they cannot list their rooms on prices less than those on OTA websites. GOeureka will enable hotels to set their own price to manage their own revenue stream, and utilize the GO platform to their advantage.
Open Source: The platform will be based on the Open source economy where the community can engage with the developers to propose new ideas and features for the platform. Genuine ideas will be rewarded and implemented on the platform to make it more appealing to the customers
Re-Booking Feature: The most standout feature of the platform is the ability to rebook your rooms at the lowest available price. GO is developing patent-pending Re-Booking algorithm function that will benefit the customers in a major way. Hotel room prices are updated several times a day. When the hotel rate drops, the Re-Booking feature will automatically
detect and re-book an existing booking at the lower rate.
Integration with Rewards and loyalty programs: Getting onboard the GO platform will enable the Hotels to use and integrate their systems with GO API’s that will allow better inventory and reservation management. It will allow hotels seamless access to the IT infrastructure without worrying about maintaining it. They will be able to focus on their core task of providing the best services to their customers. Hotels can also register their existing loyalty programs on the GO platform. By doing so, customers need only enter their respective loyalty program IDs to directly receive points from hotels for their bookings made via GO.
Increased transparency between customers and Hotels: The entire motive of bringing the hotel booking ecosystem on the Blockchain is to increase the trust factor among the concerned parties. GO also plans to replace traditional pay-to-play arrangements employed by OTAs by pledging to remain unbiased and not charge commissions for paid search placements or exclusive promotions on the platform. With GO, hotels no longer have to pay for visibility on its site. All displays and search results will be based on the hotels’ performance, utilization of features on the GO platform, and reviews by customers.
OTA’s have given the consumers freedom from prying travel agents, the ease-of use options on the OTA website, and convenience to book tickets, hotel stays and luxury packages from the comfort of home. In a very short span of time OTAs have became a force to reckon with in the global travel and leisure industry.
But the clear dominance of OTA’s has been a blessing as well as a curse for the customers and Hotels. While larger chain hotels are able to sign agreements and get lesser commission fees from OTA’s, small hotels either have to increase their price per room or be forced to reduce their profit margins to survive in an OTA-controlled environment. Moreover, the customers are at the mercy of OTA’s who change their prices dynamically. A hotel room/flight ticket booked today for $1000 might cost you $1200 if you try to book tomorrow. Such discretionary powers with OTA’s are opaque and have neglected customer sentiment for long.
To solve these problems, entrepreneurs around the world have gathered to bring in the next wave of innovation in the field of Online booking Industry. GOeureka (GO), is a blockchain company that is building a platform that leverages blockchain technology to position itself as an unbiased and transparent technology partner to hotels, transforming traditional loyalty systems and delivering increasing value to all hotels and their customers.
TOKEN DISTRIBUTION AND USE OF PROCEEDS
Token Distribution
Use of Raised Funds
Token Economy
Token: GOT
Platform: Ethereum
Type: ERC20
Accepting: ETH, BTC, USD
ICO Distribution: 60%
Soft Cap: 4,000,000 USD
Hard cap: 60,000,000 USD
Country: Singapore
Total Tokens: 1,000,000,000
Restrictions: USA, China
KYC Required: Yes
GOeureka Token Sale
Links for more Information
Website: https://goeureka.io/
Whitepaper: https://goeureka.io/#download
Medium: https://medium.com/@social_23833
Facebook: https://www.facebook.com/GoEurekaTravel/
Twitter: https://twitter.com/goeurekatravel
LinkedIn: https://www.linkedin.com/company/27176560/
Medium: https://medium.com/@social_23833
Instagram: https://www.instagram.com/goeurekatravel/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3382526.0;all
Youtube: https://www.youtube.com/channel/UCreMaKqzzcCmo3sNg3X2hsQ
Author:adulojuclara
My bitcointalk profile link:https://bitcointalk.org/index.php?action=profile