ToorCoin - Addressing challenges in the travel industry

mifti (-1)(1)in #toorcoin • 6 years ago (edited)

Introduction Video

About ToorCoin:

The mission of ToorCoin is becoming the number one specialized travel coin choice and a recognized brand within the travel industry. It creates a publicly verifiable system of payments and addresses the first travel dilemma around budgeting by enabling near instant payment processing and ridding users of insurmountable international transaction fees when transacting in standard fiat currencies. Toorcoin will initially facilitate payments on the Toorister Platform (described in the subsequent section) before being used on a broader scale in the travel industry. It will also enable the travel community (“Tooristers”) to rally around a common platform and value system; this common platform and specialized focus on travel is what separates Toorcoin from other traditional tokens and cryptocurrencies.

The Toorister platform:

The Toorister platform will be a travel website providing amazing travel itineraries and city guides to top destinations of the world (Europe to begin with). It is essentially geared at refuting travel predicaments two and three – Location and Duration! Carefully curated from some of the best travel resources available, these itineraries will provide users with detailed day-by-day plans of attractions to visit to maximize their travel experience in a particular city. All you’ll need to do is pick up one of our itineraries and you’d be good to go. All itineraries will be route and time optimized saving users the hassle of hours of research scrolling through multiple travel forums and blogs figuring out how to nail down that perfect itinerary. Toorcoin will be used in the Toorister platform to facilitate payments. For more details, refer to our whitepaper.

Why blockchain ?

Toor Coin uses blockchain so that it can create a platform where traveling is democratized. The platform solves the problem by using their native currency as a way to reward people who use their platform. The more a user holds onto Toor Coin, the more they are rewarded for contributing to the community.

ToorCoin Token information:

Type ERC20: Toorcoin is an ERC20 token. Its usage is governed by a smart contract.

Token Supply: At launch, 13.5 Million tokens will be minted, and allocated towards our bounty program, marketing and development costs. Maximum supply of Toorcoin will be 100 Million.

Staking Rewards: 82 Million Toorcoin will be used to reward holders for every week they hold their tokens. These tokens will exhaust over 20 years with descending reward generation YoY.

Code: Toorcoin code is available on GitHub, check out the code repository. https://github.com/toorister/toorcoin