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Airsave Travel – ICO Detailed Information


ICO Airsave Travel
Airsave Travel Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start May 1, 2019
End July 31, 2019
Rating 3.9
Status
KYC Yes
Founded 2019
Categories Tourism
Platform Ethereum
Token ASTC
Soft cap $1 000 000
Hard cap $10 660 000
Tokens for sale 22000000
Accepting ETH
Whitepaper Yes
Discussion
Countries UK
Social

Airsave Travel Overview

ICO description, Technical Details and Documents

Airsave Travel: Refer & Save in Crypto


Airsave Travel is a fintech company that was founded in 2015 in London. Their first digital product was an eponymous centralized mobile application that provided means for users to save money for traveling. This app was made available two years ago through Apple’s App Store.

The next stage in the company’s development occurred when they have entered into the partnership agreement with Smart Trip Platform, the blockchain project that specializes in the provision of a wide range of tourist services for individuals and businesses. This cooperation resulted in the development of the decentralized application on the basis of the Ethereum blockchain due to be released later this year.

Social saving on blockchain


Airsave Travel is based on the notion of social saving, which has nothing to do with the concept of Robert Fogel, but stipulates for the active use of social media platforms, and other means for online interaction, to promote the product at hand in exchange for Airsave Miles, the virtual points that users receive upon registration and after making initial activities.

These points can be then converted to the platform’s native ERC-20 tokens - Airsave Travel Coins (ASTC), which, in their turn, can be withdrawn as TASH - the tokens of Smart Trip Platform - or up to 80% of the total sum in Bitcoin. 

Needless to say that the travel industry is on the rise, expected to hit the $2.7 trillion mark in 2019, with a definitive prospect for further growth. Taking into account the migration of all tourism-related online activities, particularly bookings and reservation, to mobile platforms, Airsave Travel might make itself heard in the given niche.   

How Airsave Travel works


In essence, Airsave Travel is a decentralized referral application that assigns a unique referral code to each user after he completes the registration. After the dApp connects to the user’s existing social media pages, he can start saving for travel and earning rewards by inviting friends and sharing the provided referral code. For each successfully referred friend or contact acquired through the platform's social sharing feature, the user gets paid the equivalent of $5 in Airsave Miles or ASTC tokens. The condition for the referral to be regarded as successful is that the friend also saves the amount of at least $20.

To incentivize the novice users to utilize the application more actively, Airsave Travel allocates the first-time credit in the amount of $14 in ASTC directly to the intra-platform digital savings wallet.

Airsave Travel is a free-to-register but not a free-to-use platform as the company changes $6 regular service fee applicable, however, only after the user reaches the referral threshold of five contacts/friends. Apart from that, the platform will also require making a fixed monthly investment of $20. The withdrawal of saved or earned funds can be made on a quarterly basis. 

IEO details


 Airsave Travel currently holds the IEO at the ExMarkets exchange. The token sale is due to last until July 31, after which the ASTC tokens will be made available for trading. As of now, the price of 1 ASTC is $0.3 with a total of 2 million tokens allocated for sale and 5.3 million reserved for private investors. Airsave Travel offers a rather generous airdrop of 200 thousand tokens. All investors must pass the KYC procedure, though no restrictions are being applied with regard to their country of residence.

Author: Alex Paulson for: Crypto-Rating.com

Airsave Travel Milestones

* Crypto Rating accepts no liability for any errors in the Airsave Travel ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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