📍 Austin, TX, USA. on 9th Jun 2022 at 00:00
4 mins read
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Travel and tourism are the cornerstones of global economies. Despite the pandemic, which had disrupted this and other industries, the tourism industry is sure to rebound.
According to Statista, “the forecast for direct contribution of travel and tourism to global GDP in 2029 is a little under 5,563 trillion U.S. dollars, and the total contribution to GDP worldwide is predicted to reach 18,031 trillion U.S. dollars in 2029.”
One pandemic resistant industry is our very own blockchain and cryptocurrency sector. According to Allied Market Research, the global cryptocurrency market size was valued at $1.49 billion in 2020 and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030.
With the rise in digital technology and decentralized cryptocurrency along with the travel and tourism poised to re-emerge, a group of travel and tourism experts have positioned themselves at the intersection of these two industries
TravelCare.io, which took flight in June 2021, is uniting the world of tourism and cryptocurrencies. It features a new financial asset ($TRAVEL) with utility and is backed by real assets: global travel and tourism services.
Specifically, Travel Care is an online travel booking platform – offering all your needs in travel including flights, hotels, cars, and local entertainment by accepting payment in fiat money as well as in cryptocurrencies, including $TRAVEL.
Whether utilizing the Travel Care token to enjoy the stunning architecture of Barcelona or visiting the best nightlife in Las Vegas, all token holders receive various rewards for being a $TRAVEL token holder as well as cashback for using their travel services.
The founders of Travel Care explain the benefits of their platform and token utility:
“Travel Care’s online travel booking platform offers a large number of destinations with competitive pricing. We have negotiated some of the best rates on the market with each and every service provider. We have also reduced our management costs to the bare minimum to be able to offer you unbeatable seasonal offers.”
For comparison, Expedia accepts 30 different cryptocurrencies, but they do not offer anything in return as benefits. They simply offer good price packages worldwide. Travala accepts only cryptocurrency, but it has limited offerings in terms of places to visit.
Then there’s Bitcoin.Travel, CheapAir.com, and Alternative Airlines, which only offer flights.
Travel Care accepts various cryptocurrencies including $TRAVEL, and rewards travelers with cashback and $TRAVEL coins. It rewards its users with crypto tokens rather than traditional loyalty points, creating a variety of exciting incentives and providing a more valuable experience for the loyalty members.
Unlike other rewards programs, the Travel Care rewards program allows people to start using $Travel cryptocurrency for staking the rewards that they receive when they book on the platform in addition to holding and exchanging crypto on decentralized exchanges.
By using cryptocurrency as a payment mechanism, Travel Care improves the user experience through lowered costs and intermediary fees, faster transactions, and freedom from international commissions and exchange fees.
“We believe this makes Travel Care the most interesting and worthwhile travel booking site for crypto enthusiasts.”
The team is led by travel experts and developers who focus on execution and excellence. The founding team members have a combination of tourism degrees, including Executive Master’s of Hotel Management, Master’s in Marketing, and International MBA. They have all worked previously in the tourism industry with travel agencies, hotel chains, and campgrounds within Spain and USA. Their LinkedIn profiles can be found at the end of this article.
Given their vast knowledge of and experience in the travel and tourism industry, it’s no wonder why they place high regard on exceptional customer service. They are open 24/7 to attend to their customers’ every need, with attentive, highly skilled, and informative staff from around the globe.
As one of the founders explains:
“We also have the ability to bail you out of tricky situations. Imagine that you are in the middle of a traffic jam. You only have a few minutes before your flight leaves, and you’re on the verge of a nervous breakdown. Wouldn’t it be wonderful to have an emergency telephone number that could change your ticket in an instant to catch the next flight? We provide this number in the reservation confirmation for you to use whenever the moment calls for it.”
The total supply is 1,000,000,000,000 $TRAVEL.
With every token purchase, a 6% commission is allocated as such:
One percent (1%) is redirected among all shareholders
Two (2%) is directed towards marketing efforts.
One percent (1%) is allocated to the liquidity of the token to ensure a steady and continuous rise in value.
Two percent (2%) is burned and eliminated from circulation. In reality, Travel Care will allocate 50% of its profits each year to buy back the $Travel tokens at market price and burn them, permanently withdrawing them from circulation. This ensures the continuous growth of the token price, increasing its value in the short and long term.
For the latest news, visit Travel Care’s social platforms: Twitter, Instagram, YouTube, and GitHub. Join community discussions on Telegram and Discord. For more information, check out their website and white paper.