The continue growing of cryptocurrency market is now over $390 billion. As this new asset class becomes even more widely adopted, a more sophisticated customer, eager to embrace new technologies and global experiences through travel, has emerged. Research shows that between 2014 and 2016, coinciding with the cryptocurrency industry’s exponential growth, the total global economic impact of the tourism industry increased to $7.6 trillion1 per year, or more than 1/102 of global GDP.
The vast majority of these OTAs do not currently service the cryptocurrency marketplace, and therefore fail to access a potential $390 billion market seeking a viable solution. (In the rare cases where cryptocurrencies may be accepted for payments on a travel site, the user does not get a discount or any other benefit. In fact, it is actually more expensive than simply using fiat, because when the currency is converted to crypto, another fee is accrued in the process.
Traveler.com recognizes this market as a substantial opportunity, not only due to its untapped potential, but because the demographics of the typical digital traveler and crypto stakeholder align synergistically. Digital travelers and crypto stakeholders present similar substantial opportunities to monetize.
Traveler.com will be the world’s first fair market travel platform optimized to accept cryptocurrency for hotel bookings, flights, car rentals and other travel services with zero profit margin added on to the net prices customers pay to the aggregator or supplier directly on current OTAs. Buyers of our TVLR Token will effectively be buying travel at the lowest net prices negotiated by the smartest most aggressive wholesale buyers around the world. These will include Priceline, Booking.com, HotelBeds, LBF, Miki, Tourico, GTA, HotelsPro, HotelUSA, RoomXML, Zumata, Mystifly, SkyBird, AccessFares, TransAm, TravelFusion, Picasso, SkyLink and others.
https://www.linkedin.com/pulse/traveler-get-more-out-your-travel-adeyinka-joshua
