GOeureka - Next-Gen Solution Shaping The Future of Online Hotel Booking

GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform. Our mission is to decentralise the hotel booking sector and deliver greater transparency by allowing hotels to directly connect with their customers. As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents. By reducing the financial commitments of hotels to third-party booking platforms, GO’s vision is to enable hotels to focus more resources on providing better intrinsic value and services to travellers around the globe.

Problem We Solve

For Concumers

• Lack of Transparency Leading to Prices: Inequitable commissions to OTAs ultimately decrease hotels' margins and increase consumer prices
• Negleted Hotel Loyalty Programs: Consumers miss out accruing points and subsequently free hotel rewards
• Search Bias: The manufactured bias through modified and reordered search results on OTA's ultimately costs consumers choice and value

For Hotel

• Impact on Hotel Direct Bookings: Online travel agents dominate the sector, driving up to 70% of all online bookings
• High Commissions: OTAs charge hotels 15%–30% commissions, impacting hotel margins
• Lack of Access: Increasing dominance of OTA's limits hotel's access to consumers

The aim of the GO project is to utilize the blockchain to create a symbiotic relationship between hotels and customers. Hotels will maintain control of their brand while customers will get more value at the same price.

The GOeureka Vision

GO has a plan to create an online ecosystem where businesses thrive by offering the best services to travelers. As a technology partner for the hotel industry, GO will offer a simple and direct app and web experience to users without the high commissions on most sites. By freeing up resources for hotels, GO will make it possible for them to offer better customer value and service with their resources.

How to Work

• Hotel - GOeureka gives hotels an opportunity to get closer to their customer by directly connecting them with one another.
• Go Platform - GOeureka’s decentralized platform provides full transparency for all bookings and transactions that occur on the platform.
• Web & App - Consumers enjoy a range of benefits with GOeureka: 1. 0% Commission: Payment with cryptocurrencies that are devoid of merchant fees thus driving best possible rates for consumers.
• Consumers - GOeureka offers the best possible prices to consumers and enables travellers to search and compare the rates across 400,000 hotels worldwide.

https://goeureka.io/

A total of 1 billion GO Tokens will be issued where 1 GO token = US$0.10. There will be a diminishing bonus distribution of GO Tokens upon meeting the maximum cap or preset time, whichever comes first. While 30% will be kept in a reserve pool for operating initiatives, funding marketing strategies, and other activities relevant to the growth of the business. During the private pre-sale, contributions will be accepted in US Dollars (USD), Singapore Dollars (SGD) or Ether (ETH). All contributions will be converted to ETH, live, at the prevailing rate. The Token Sale will last approximately three weeks.

GO will host a first-round private presale one month prior to the Token Sale with accredited investors, with a minimum contribution of US$50,000 each. Interested parties are welcome to whitelist with GO to join this round of fundraising. Contributors of funds raised during this period are entitled to bonus distributions of 30%. The maximum cap during this round is 150,000,000 GO Tokens and will close two weeks before the Token Sale. If the maximum cap is not reached during the private pre-sale, it will be opened to the public, with a minimum contribution requirement of US$1000 (equivalent ETH value). There will be a 15% bonus distribution during this round. The pre-sale will be closed early if the maximum cap is reached or will end on the day before the Token Sale.

ICO Detail

Token Detail

Token Genereted

Distribution

More details about the project:

Website: https://goeureka.io/

Whitepaper: https://goeureka.io/#download

Facebook:  https://www.facebook.com/goeurekatravel/

Twitter: https://twitter.com/goeurekatravel

Telegram:  https://t.me/goeureka
ANN: https://bitcointalk.org/index.php?topic=3382526.0;all

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