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LockTrip (LOCK)

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.

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Overview

Project industryTravel & Tourism
Product typePlatform
WhitepaperLockTrip White Paper Open

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.

Details

Pre-sales: Oct 03, 2017 - Oct 20, 2017
Public sales: Oct 29, 2017 - Oct 30, 2017
Soft cap: 20,000 ETH
Hard cap: 9,817,600 USD
Raised: 4,000,000 USD

Legal

Registration country: Bulgaria

Token info

Ticker: LOCK
Type: Utility-token
Accepted currencies: ETH, BTC, LTC
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

Social media

LockTrip web-siteLockTrip RedditLockTripYouTubeLockTrip TelegramLockTrip X (Twitter)LockTrip FacebookLockTrip Github

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