LockTrip logo

LockTrip (LOCK)

Status
ICO

LockTrip is a Blockchain powered marketplace & technology, where hoteliers and property owners can rent their property globally, collect money and manage bookings without paying any commissions.

LockTrip White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
LOCK
Type
Utility-token
Registration countryBulgaria

What is LockTrip

Due to the advanced capabilities of blockchain technology, Hoteliers and Short Term Rental Owners can sell their rooms on the LockTrip’s integrated marketplace for 20% lower prices without affecting their profits.

LockTrip’s project consists of two parts. A decentralized booking engine - the LOC Ledger (based on the Ethereum VM), and a marketplace that will be fully integrated with the decentralized LOC Ledger.

Property owners and hoteliers are able to add their short term rentals and hotel rooms to the decentralized LOC ecosystem through a one-click seamless integration.

LockTrip’s marketplace will have a built-in exchange algorithm which will automatically convert any external currency into LOC at the time of booking and will submit the LOC into the decentralized LOC Ledger.

Token Sale Dates

Presale Period

Start date: Oct 03, 2017
End date: Oct 20, 2017

ICO

Start date: Oct 29, 2017
End date: Oct 30, 2017

Funding Details

Soft Cap 20,000 ETH
Hard Cap 9,817,600 USD
Funds Raised (as of now) 4,000,000 USD

Token distribution


Sold to Public - 50%
Retained for Team, Advisors, Community, Early Backers - 25%
Reserve for Future Development - 25%

Funds allocation


30% - Complete Platform development, future R&D
20% - Marketing and Business Development
45% - Worldwide Integration and Properties Portfolio growth
5% - Legal, Administration, Unforeseen

Token Price and Payment Options

Accepted Currencies ETH, BTC, LTC

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