GOeureka : Forming The Future of Online Hotel Booking

GOeureka goes live giving consumers the opportunity to book from a selection of 400,000 hotels, with that number rapidly growing. The Hotel booking platform cuts out the middleman, passing the savings and rewards directly to the customer, and reducing the cost and manpower currently relied on by the hotel.

The hotel booking platform, a blockchain powered platform built on the Ethereum network, has released the alpha soft version of their platform and is about to launch its main platform that will give customers from various cities the opportunity to book hotels as easy as possible. With over 400,000 hotels listed on the platform, the developers are set to add more as time goes on.

The Ethereum network which this blockchain powered online booking platform has been built on eliminates the need for middlemen, enabling the platform and all customers to directly get access to loyalty rewards and benefits.

GOeureka is a traveling technology task that uses blockchain technology to create an online resort booking platform. GOeureka’s objective is undoubtedly to decentralize the region of resort reservation and boost transparency by allowing accommodations to hook up directly with their buyers. As a technology resort partner, Move aims to supply a dynamic digital knowledge to users and eradicate the high commission composition imposed by online travel companies. By lowering the hotel’s financial dedication to booking the third-party platform, GO’s perspective is to permit hotels to target more methods on providing essential benefit and better assistance to customers Travel all over the world.

The production of online travel agencies is an ideal exemplary case of how new technology can disrupt the general industry. These online organizations have a massive advantage over popular resorts because they are in a position to provide buyers with lower rates and more options.

The Vision GOeureka

GO has a plan to create an online ecosystem in which companies thrive, offering the best services for travelers. As a technology partner of the hospitality industry, GO will offer users simple and direct applications and web resources without high commissions on most sites. By releasing resources for hotels, GO will allow them to offer the best customer value and service with their resources.

Mission GOeureka

To decentralize the hotel booking sector and provide greater transparency, allowing hotels to connect directly to their customers
Seeks to provide a dynamic digital experience for users and eradicate high commission structures imposed by online travel agents
Reduction of financial liabilities of hotels on third-party booking platforms.

The Problem With The Online Hotel Booking Industry

There are tons of online booking sites, some have achieved higher popularity than others, but all providing exactly the same features. Most of these popular online booking sites charge about 10 to over 30% on all rooms that are booked. Asides from the outrageous fees charged, this fee is received by these sites through the backend, thus, offering customers making this payments little or no transparency. Currently, the fee for each hotel room now depends on the booking site, the type of transaction that is carried out, and the wholesaler.

These middlemen do not only charge outrageous fees, but they also prevent customers from earning loyalty rewards, bonuses, and benefits. They also make the transaction process complex for both the customers and the hotel alike.

The Problems That We Solve

With the soft alpha version of this platform been released to the general public, users are now able to book hotel rooms in various cities and states with absolutely no commission, no hidden charge or fee, at the same time being able to get all discounts, bonuses, benefits, and loyalty rewards.

With the development and launch of this platform on its way, GOeureka will become one of the very first platforms to use the blockchain technology and the Ethereum network through smart contracts to revolutionize the online hotel booking industry. This platform has an already existing infrastructure of hotels, and have amassed quite an impressive board comprising of certain C-level executives from not just Accor Hotels and Agoda, but from other renowned hotels and experts in the industry.

With the number of hotels that users can book on the platform increasing gradually, this platform will become miles ahead of all its competitors.

GOeureka Hotel Booking Loyalty Programs With The Blockchain

If a hotel wishes to integrate, the GO ecosystem will offer an API where a hotel can link their inventory with the reservation system. There will be guides offered to the hotel’s IT department to make the integration seamless. Go will also integrate with the property management software of a hotel via strategic partnerships.

One issue that GO will solve is the disconnected loyalty programs. Today, every airline, car rental service, and the hotel will have its own loyalty program. This makes it hard for ordinary consumers to accumulate enough points to redeem for significant rewards.

An integrated loyalty program powered by the blockchain is the future. Go will create an interoperable program that is powered by this technology. Users will have the option to convert the loyalty program points of a hotel in GO credits. With this system, loyalty points earned from a car rental service can be converted into GO credits. This can then be used to pay for a hotel room.

The GOeureka (GO) Platform Features

The GO platform features includes the following:

Website with booking and payment functionalities
Cellular application for customers and accommodations to talk immediately with each different
A centralized database and server to store personal identity information (PII), purchaser reserving details, and facts from lodges
Make use of Ethereum blockchain and smart agreement to generate decentralized were given Tokens and execute payout requests

Why Choose GOeureka

Zero Commission Fee
Automated Rebooking Feature
Interoperable Loyalty Points
Fiat & Cryptocurrency Payment Method
Worldwide Coverage At Launch

What is GO Token?

The GO Token is an electronic token or digital money made to facilitate trades on the GOeureka platform to purchasing room nights, resort providers and unlocking a range of different advantages and travel benefits,GO Tokens are ERC20- tokens which will be utilised to facilitate transactions that are faster and more economical .

We're wanting to interrupt the recent Online Travel Agency's (OTA) dominance. 70 percent of impacting hotel reservations reservations and gain margins are currently managed by oTAs. Terms are typically served by oTAs with commission prices and speed parity clauses. As the technology partner of the hotel, GOeureka attempts to keep their communicating and the resort's brand .

Why do you have to buy GO teken? Because GO Tokens is utilized for buying providers and merchandise on the GOeureka platform. GO Token users may appreciate discounted prices, rewards and other advantages that are value-added. The whitepaper details its applications and the GO Token market.

How does GOeureka do the job?

The resort manages the inventory procedure and passes the commission on a free of charge blockchain basis.
Customers browse, e-book and receive unique rewards in the kind of rewards for devoted customers, automatic reset, Head out tokens and credits as dedicated customers, support services. Specialized help and Head out the debit card.
The customer’s quest is from reserving to repayment with the GOeureka App.

GOeureka GO Token Information

If 1 GO token = US $ 0.10, a total of 1 billion GO tokens will be released. Once the maximum limit or booked time is reached, the bonus payout of the GO token is progressively distributed (whichever comes first). 30% is kept in the reserve pool for operational initiatives, marketing strategy grants, and other activities related to business development. During the pre-sales period, donations are accepted as US dollars, SGD, or ETH. All donations will be converted directly to ETH at the current rate. It takes about three weeks to sell tokens.

The GO will hold its first personal pre-sale a month before the Token is sold to authorized investors, with a minimum of $ 50,000. Interested parties can participate in this fund raising round with the GO. A 30% bonus will be paid to donors raised during this period. The maximum limit for this round is 150,000,000 GO tokens and ends two weeks before token sales. If you do not reach the maximum limit during the pre-sale period, it will be available to the public at least US $ 1000 (ETH equivalent). A 15% bonus will be distributed for this round. Pre-sales will close shortly after reaching the maximum limit or ending the day before the sale.

The maximum amount is met or the discount ends soon after 3 weeks of purchase. All unsigned tokens are logged.

GO founders and tokens are blocked and can be withdrawn quarterly within 24 months and consultants will receive tokens after 6 months of ICO posting. The card in the reserve pool will be used to accelerate the adoption of the GO platform. To bring this platform to market at a much faster rate, GO aims to raise $ 60 million after the first round of successful seed funding.

GO has been working with a block-chain technical expert on the token model to prepare an initial coin for the past 12 months while working on the beta version of its platform. Comparing the effectiveness of existing OTAs requires $ 60 million to expand the platform and significantly increase the total reservation cost over the next three years.

Expedia's data shows the segment's high potential for rapid revenue growth. For example, Expedia booked a total of $ 70 billion in 2016, nearly $ 7 billion more than operating costs (such as marketing and wages).

Token Details

Token Ticker: GOT

Platform: Ethereum

Type: Utility

Standard: ERC20

Total Supply: 1,000,000,000 GOT

Tokens for sale: 600,000,000 GOT

Token price: 1 GOT = 0.10 USD

Accepting: ETH, BTC, USD

Soft cap: 4,000,000 USD

Hard cap: 60,000,000 USD

Restricted Countries: USA, China