TravelCash logo

TravelCash (TCV)

Status
ICO

TravelCash is a cryptocurrency to trade exclusively on Ascension, a next-generation platform that will revolutionize the payment process for travelers and merchants.

TravelCash 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
TCV
Type
Cryptocurrency
Registration countryUnited States

What is TravelCash

TravelCash does not use blockchain ERC-20 contracts, instead opting for the Ascension platform. Ascension’s system features a login procedure, tools for wallet recovery, account name construction, and the ability to create a drop-down list of payments made with TravelCash. It also has escrow-enabled atomic swaps or Bitcoin-to-Litecoin exchanges.

Apart from their desktop wallets, TravelCash offers its users to download their mobile wallet app, where travellers will be able to buy TCV vouchers and pay for services with their mobile phones. Merchants on the TravelCash platform will be able to promote products or services on in-wallet marketplaces.

Token Sale Dates

Presale Period

Start date: May 25, 2018
End date: Aug 01, 2018

Token Allocation

Presale Token Supply 30,000,000
Total Token Supply 170,000,000

Token distribution


Pre-IVO / IVO 20%
Treasury 39.2%
Founders 15%
Expansion, Joint Ventures, Consumer Incentives 10%
Early Holders 7.4%
Charitable Foundation, Social/ Environmental Causes 5%
Management, Employees, Future Hires 3.4%

Funds allocation


Carry Over Budget 2019 -50%
Marketing / Co-Op 10%
Super Bowl Ad 9%
Ascension White Label 7%
Exchange Fees 7%
Total Payroll 5%
Rent/FF&E, Travel & Installation, Misc. 4%
Research & Development / Technology 3%
Insurance / Legal / Benefits / Bonuses 3%
Voucher Expenses 2%

Token Price and Payment Options

Token price USD 1 TCV = 0.99 USD
Accepted Currencies USD

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