TravelCoin (TLC)

TravelCoin is platform for financial operations in the travel industry.

Whitepaper

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What is TravelCoin

TravelCoin™ Foundation (TCF) is a not-for-profit community interest company (CIC) registered in the United Kingdom. The objectives of the Company are to carry on activities which benefit the community and in particular to commission research and software development on how Digital Currency and Blockchain technology can improve the travel experience for travellers and impact on the global economy as a whole. This will help communities to make informed decisions based on the knowledge gained about Digital Currency and Blockchain.

TCF will provide education and support to travellers and entrepreneurs and as a result they will be benefited by ease of use, improved experience and growth of their business globally, respectively. Public relations activities and events will enable TCF to pass the message to the wider audience and train people about the benefits of Digital Currency and Blockchain technology and in particular how to get the most out of what TravelCoin has to offer

TCF was first funded by a private donor in May 2017 with 100 BTC. This funding was used for the creation of the foundation, the development of TravelCoin (TLC) blockchain, initial projects and platforms. In August 2017 Global Adventures Group announced its token sales also known as Initial Coin Offering (ICO) to open the opportunity by empowering the travellers’ community. Unlike traditional ICOs, the expected subscription period is between 1 and 2 years with the conversion date completely dictated by user adoption. During the ICO, all of the 2 Billion TravelCoins from the initial coin supply will be distributed to the travellers’ community. The ICO is expected to attract over 1 Million subscribers to the TravelCoin community.

Problems:

Exchanging currencies

Managing multiple loyalty points programmes – no central place to use points

Security issues

Communication barriers

Solutions:

Upgrading hotels and airline bookings using TravelCoin Point Swap

One-stop shop for collecting loyalty points

Sharing TravelCoin with family and friends – ease of transfer

Travel communications – Secure and private communication One stop shop for all travel related information and utility apps

TCF promotes global travel to connect people and experiences

MISSION

TravelCoin Foundation (TCF) is determined to change people’s lives while meeting the needs and demands inherent in the travel industry. Through dedicated funding and development, TCF will work to allow for an easier, more humane experience for travellers worldwide. And, by offering technology to travellers’ community from around the globe, TravelCoin will allow people to change their lives while they are part of changing the world.

GOAL

TravelCoin Foundation’s goal is to gather 1 Million Subscribers of TravelCoin community.