ROOMDAO - Decentralized Travel Marketplace

in blockchain •  7 years ago 

Every day Blockchain technology is breaking into many sectors of our world more and more rapidly, offering more modern, fast and transparent solutions. However, there are still many areas where this technology has not penetrated. That is why many companies have a good prospect of becoming the first in their business. For example, a team of specialists has taken action aimed at changing the tourism industry. What kind of action? Let's look at them in more detail.

Today we will talk with you about a very interesting project called – RoomDAO. This project is a range of powerful solutions for small suppliers of tourism business.

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I think many of you are familiar with such monopolists in the field of hotel booking, as Booking.com, TripAdvisor and Airbnb. All of them provide online booking services around the world. However, many tourists do not think what Commission they pay when they receive these same services. Sometimes, this Commission reaches unimaginable 20% of the total reservation amount. And given the fact that the entire tourist structure is about 160 000 000 000 dollars a year, it is difficult to imagine what multi-billion profit each of these sites receives.
While concentrating in their hands most of the hotel industry, many small companies do not survive under the onslaught of large brands. Therefore, in order to make equality in this industry, a team of specialists has developed a unique platform RoomDAO, which will allow tourists to significantly save on all stages of booking housing, car rental and other necessary services.

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Project and its features

RoomDAO - is the world's first decentralized platform for the provision of tourism services, collected in one place. As mentioned earlier, this will include not only rental housing and car, but also a number of attractions, restaurants, bars, cafes, taxis, as well as guides and various tours. Thanks to the introduction of Blockchain into its ecosystem, RoomDAO will offer its users a rating system. With the help of which, everyone will be able to trace the history of services, its quality, leave a review or read existing comments on a landlord, restaurateur or tour operator. This approach is designed to guarantee not only the quality of services provided, but also to encourage all entrepreneurs to work openly and in good faith. That in turn will protect users from various scams and charlatans.

Each operation performed within the framework of the platform will be based on smart contracts and automatically recorded in the blockchain system. Where it is no longer removed and no way to fix. At the same time, RoomDAO will provide its users with the highest level of security and privacy. Thanks to this, users will have a unique opportunity to communicate directly with managers of various companies, using a convenient form of communication, whether it is a video call or chat.

Since this option will be free for RoomDAO users, this principle will allow the tourist to save up to 30% of the funds that he paid to various intermediaries.

Another very useful function from RoomDAO is the possibility of using pumapay.io to convert any cryptocurrency and Fiats in tokens ROOMDAO. That, in turn, will allow you to easily and quickly pay for any type of service. Thus, RoomDAO aims to directly connect all travel service providers and travelers. What I think is very cool and very necessary, because he is an ardent traveler and understand how much RoomDAO will allow me to reduce my costs during the next trip.

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RoomDAO system tokens and their function

Thanks to ROOMDAO tokens, the user will have a unique opportunity to pay for any services provided within the RoomDAO platform. All tokens are created on the blockchain platform in accordance with the ERC-20 standard and supported by smart contracts. Everyone can easily register on the platform and get the opportunity to use ROOMDAO tokens, thereby increasing the level of services provided in the framework of digital tourism.

In addition, the user will have a lot of additional sources of income, with which he can earn ROOMDAO tokens. To get them, a member of the network can make a small number of actions, for example, to provide a list of hotels, houses or available cars ready to rent. Or run any action in which, other users will receive feedback or reward. Thus, the developers, RoomDAO, will be able to involve each participant of the platform in the overall economy of the tourism sector.

ICO

Total RoomDAO will release 60 000 000 ROOMDAO Coin.
The cost of which will be 1ETH = 300 RDC (ROOMDAO Coin) in Fiat is 1 RDC = 0,1$ US.

The company's ICO will start from July 1, 2018 and will last until July 30, 2018. At this time, the project developers plan to collect HardCap in the amount of 10 000 ETH. Which I think is pretty good.

The road map of the project is presented as follows:

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Project team

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Conclusion

In conclusion, I would like to note that this project is determined and strives to realize its mission, which is aimed at the democratization of the entire tourism industry, creating a transparent decentralized system.

By 2020, the developers plan to take about 10% in the field of tourism services, and by 2025 to become a full leader in this segment. As for me, the idea is very promising and in demand nowadays. Therefore, I recommend you to delve into the technical documentation of the project and study the concept of RoomDAO in more detail.

All the necessary information can be found on these links:

WEBSITE: https://roomdao.io
TELEGRAM: https://t.me/roomdao_chat
ANN THREAD: https://bitcointalk.org/index.php?topic=3130310.0
FACEBOOK: https://www.facebook.com/Roomdao-128520104510886/
TWITTER: https://twitter.com/ROOMDAOICO
MEDIUM: https://medium.com/@roomdao

MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1238493

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Very detailed roadmap​ of the project, let's hope that everything will go according to plan!

Roomdao offers an innovative solution for the tourism industry, they should make a balance in this area and allow smaller businesses to become full-fledged market participants

Very good idea! Tourists will be happy

This project is not just a start-up, it already has a partnership! I think this is a good option for investment!

How many opportunities in one service! Very cool!

Great article! Thank you for reviewing the project!

Interesting name of the project, easy to remember

Very useful project. Good luck to the developers!