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Community

Tourcom’s Ecosystem Enhanced by its Unique Investment Opportunity

TOURCOM | 07.15| 142

Blockchain ecosystem can be seen as the interaction of many parts that constitute a whole system, and how these parts interact harmoniously with each other effectively to create a growth opportunity.

For instance, the Bitcoin ecosystem is composed of 1) users transacting payments, 2) developers monitoring the system, 3) miners generating more coins, and 4) investors buying coins. All 4 parts are critical to the system and must work harmoniously to maintain and grow the ecosystem.

Tourcom, a major travel agency in South Korea, is creating a travel blockchain with a comprehensive ecosystem involving guides, travel companions, travel agencies, developers, investors, and users who are led to participate actively in its ecosystem. Utilizing company’s wealth of experience, global network, and vast amount of database, the company is creating an innovative AI-based platform for independent travelers to enrich their travel experience by helping them find compatible travel companions, local guides, and customized schedules that reflect travelers’ interests.

In this ecosystem, users not only utilize the platform but also recommend travel schedules and suggest changes. They can also post reviews about schedules, guides, and travel companions. The more users partake in the platform, the more incentives they receive in form of tokens with which they can purchase goods and services within the system, thereby ensuring active ecosystem and its growth.

To further activate the ecosystem, unique features are embedded to attract investors: 1) profit sharing for participating in improving travel schedules and 2) staking (depositing) of tokens.

Profit Sharing:

When a user recommends a travel schedule, other users collaborate to improve the content, and rank the finalized schedule through voting. The highly ranked travel schedules are placed in the premium pool. When premium travel schedule generates revenue, users who contributed to improving the schedule are rewarded with tokens as a form of profit sharing.

Staking:
Travel agencies can add economically-priced airline and lodging to the schedules in the premium pool and sell as a package to travelers to generate revenue. However, to access the premium schedule pool, they must stake a certain number of tokens in the system. Likewise, guides must stake a certain number of tokens for the authority to provide services within the system.

This is where staking comes in: Any user of the platform can stake tokens as an investment on behalf of a promising travel agency (with great reviews, etc.) to help it reach the minimum staking amount (number of tokens) required to sell their products. Likewise, any user can stake tokens as an investment on behalf of a guide for their authority to provide services within the system.

Although required minimum number of tokens exists (for staking) for travel agencies and guides, there is no maximum number that investors can contribute, and the distribution of revenue will be in accordance with the contributed percentage of tokens staked.

With such an incentive system and innovative investment opportunities, users will actively participate in the platform, thereby ensuring Tourcom ecosystem to grow exponentially.

Tourcom is a well-grounded company established in 2007 with an unprecedented concept of “travel-now-pay-later. This company that records 20 million dollars in yearly sales is expected to be listed on a major exchange in July or August of 2019 to raise funds to expand its existing services by leveraging blockchain technology. With over 130,000 existing members and 1400+ affiliated sales people, Tourcom ecosystem is expected to take off with ease. Its global DApp is expected to be launched in early part of 2020.

To learn more about this project click here.

Tourcom homepage: tourcom.io

Telegram online community: https://t.me/tourcom_blockchain_official

Related article: https://joind.io/english?id=105

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