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TravelCash (TCV)

ICO

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

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Overview

Project industryTravel & Tourism
Product typeCryptocurrency
WhitepaperTravelCash White Paper Open

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.

Details

Pre-sales: May 25, 2018 - Aug 01, 2018
Pre-sale token supply: 30,000,000
Token supply: 170,000,000

Legal

Registration country: United States

Token info

Ticker: TCV
Type: Cryptocurrency
Token price in USD: 1 TCV = 0.99 USD
Accepted currencies: USD
Bonus program:
1st tranche- token price 0.49 USD
2nd tranche - 0.59
3rd tranche - 0.69
4th tranche - 0.79
5th tranche - 0.99
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%

Social media

TravelCash web-siteTravelCash TelegramTravelCash BTCTalkTravelCash LinkedInTravelCash TwitterTravelCash Facebook

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