Did you know exchange fees have always been one of the major expenses for tourists around the world? Exchange fee refers to the fees charged by agents for exchanging one currency for another. Tourists travelling to other countries for work or pleasure need local currency, which they obtain by paying a commission to these agents. But, cryptocurrencies can change that and enable a truly borderless payment system based on blockchain.
Here’s how the Orfeus token aims to become the first borderless, commission-less payment token for digital nomads around the globe.
What is Orfeus Network’s no commission travel approach?
The tourism industry is heavily dominated by agents and middlemen who charge hefty commissions for all kinds of travel-related services, from hotel bookings to flight tickets, customised packages, exclusive offers and other services. The commission charged by different travel agents can range from 10% to up to 50% for different services.
To solve this problem and ensure an affordable & seamless travel experience for everyone, the Orfeus Network is developing a decentralized self-developing tourist ecosystem. It will be a B2C type blockchain marketplace for tourists that will operate on the principle of 0% commission.
The network will basically integrate platforms and travel agents that will offer a wide range of tourist services, payment to tourist sites, purchase of tourist goods and services, payment of fees, bank transfers & more to all kinds of travellers all over the world at zero commission. So, you can book flight tickets, hotel rooms, taxis, and even get self-organized trips all at zero commission and the lowest price possible. Here’s how it works.
The Orfeus Network project aims to provide financial freedom and security not only in travel but also in the payments of travel services. For this, it will allow users to pay for various travel services within the ecosystem using cryptocurrencies, including the native ORF token and receive exclusive offers, bonuses & rewards. Also, all payments made via the ORF token will be commission-free because there are no middlemen in the Orfeus blockchain network and all transactions are peer to peer.
The two core platforms in the Orfeus Network are:
TripXv - a social tourist platform for self organization of trips
ClubXchain - a platform to book affordable flights to Europe from anywhere in the world.
ORF token is the fuel that powers the Orfeus Network and all its Services
As the native utility token of the Orfeus Network, the ORF token will fuel all services across all platforms of the network. In other words, this will be the primary means of commission-free payment of travel services on all platforms of Orfeus Network. For using ORF tokens for payments, users will also receive bonus tokens and other exclusive offers.
In addition to being used as a means for payment of travel expenses, the Orfeus token will also serve other purposes, such as a means for receiving bonuses & discounts, granting the right to vote when discussing proposals and decision-making for the development of the ORFEUS network, and crypto token trading on the open market.
The ORF token presale is live now. Join today to get up to 20% bonus tokens.