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Tryvium – ICO Detailed Information


ICO Tryvium
Tryvium 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 March 3, 2019
End April 3, 2019
Rating 4.1
Status
KYC Yes
Founded
Categories Tourism
Whitepaper No
Discussion

Tryvium Overview

ICO description, Technical Details and Documents

Industry: Tourism


Description

Tryvium is a modern platform for booking hotels, apartments, B&B, and other accommodations. The technology incorporates the use of blockchain along with smart contracts systems to deliver real-world solutions to the industry challenges. Using Tryvium infrastructure, users can purchase tokens to make transactions and make reservations at the platform. The assets management can be done through a multi-currency systems entertaining different economic models; both crypto and fiat currencies.

The market penetration will begin from Europe where the users of the platform will make most contribution and product feedbacks. The service will encourage users to use and support other users of the platform. The platform enables better user-experience, well-developed travel plans, lower intermediary charges, and enhanced reliability.

The platform eliminated redundant mediators hence giving low transactions and service costs. The service charges are merely 8% whereas the industry giants usually charge up to 30% of the total sales. This means Tryvium will be able to deliver better services to the users for reasonable prices. The platform is soon set to launch the Trivium Gift Experience along with the several different services.

The Gift Experience will enable you to gift your loved ones the pleasure to choose their favorite destination. It will be offering them hand-picked experiences all across Europe.
Tryvium infrastructure will deliver a decentralized network to create a cost-effective booking platform where both small-scale hotel owners and corporate giants can come ahead and create new business and tourism opportunities.

How does the project create value to the ecosystem and differs from competing projects


What we need to be, rather than better, is different. If we can, we need to share what is truly unique about what we do – not compare ourselves to others. So, what is unique about us?
We at Tryvium believe that the answer is the decentralization of the existing travel structure, through our ecosystem both travellers and hotel owners will join together in an unique ecosystem that will also be empowered through the various facets of the system including:

Blockchain Technology

Thanks to Blockchain technology ; our systems will communicate with a globally distributed ledger, where everybody is able to act without third parties, while offering user-centered design interfaces and cutting –edge fees, offering part of differences in price to charity oriented projects.

Tryvium: the ethic booking platform

Using the intuitive and user friendly feature of the Tryvium booking platform, travelers can book everywhere in the world with 0 fees. The Tryvium team is also planning to increase the role of ethics in the hospitality industry. This will be achieved through our plan to donate 5% of the net commission paid by hotel owners to project-oriented charities selected by guest.

Maximizing scarce resources

Through the facility of the transferable future contracts, clinics can outsource these contracts to other clinics that are able to perform the tasks in an even more efficient manner - for instance, due to technological advances. Equally, the patient can also sell these contracts, should the worth have increased or transfer them to friends and family.

Reducing costs

Often when dealing with transactions that transcend borders there can be concerns over exchange risks and transaction costs. However, as the payment will be in one currency exchange rate fluctuations would be removed. Furthermore, due to the technology and eliminating the need of banks, there are only minimum charges for transfers on the blockchain.

Hedging

The long-term trend, as with many other tokens, is probably for the value to rise and should that be the case, not only would the traveller ultimately receive more benefits for the same amount of tokens, but in case a travel is no longer required, they can sell the tokens for an increased value.

Empowerment

The traveller now has the option of taking control of their travels without middle man services. No longer will they be restricted to travel agencies or other professionals, but have the right, through an user friendly platform, combined with our comprehensive search and review system to make an informed choice and feel the travel as a real experience of life


Features


Founded: 2018, Malta


Social networks


Conversion Block

More on ICO


Technical details



Milestones


Team

The advisors:

Tryvium Milestones

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

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