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Data source: CoinMarketCap
LockTrip (LOC) to 0x (ZRX) Conversion Table
What problem does LockTrip solve? LockTrip enters the industry of Online Travel Agencies, dominated by established middlemen like Booking.com, Expedia.com, and Airbnb.com. Hoteliers and Property owners are forced to use their centralized platforms, paying 10-25% commission. LockTrip is here to remove this commission and add this value to the customers. Property owners will receive their short-term rental/hotel bookings money using LockTrip (LOC) Tokens in a transparent, secure, trustless and commission-less way. They will be able to transfer their existing property listings with a single click, add new ones using a user-friendly panel, manage all listings and improve sales with in-depth data dashboards and analytics by LockTrip. Travelers will be empowered to book the same listings but 10-25% cheaper, thanks to blockchain technology, skipping the online travel agencies as current middlemen The goal is to build new kind of supply in travel. One which is with 0% commissions and this way to attract the extremely price sensitive retail users. Hosts already identify "free exposure" and are extremely happy to list in our marketplace. The combination of the decentralized engine and the centralized retail application create a self-sufficient project with zero relying on third parties for its validation. Long term plan is to be able to penetrate the $500 Billion travel industry and to slash prices by as much as 20%. To prove ourselves as one of the few actual utility tokens that unlock access to an extremely valuable service. And most importantly to build the value of our company based on the actual adoption of the technology. For the people that own LOC, this means access to global travel which is -20% in prices when compared to the cheapest current alternatives. LockTrip is the first project to build a 0% commissions online travel bookings engine with a dedicated retail application. Development of our marketplace began mid-2017 and is currently live (https://alpha.locktrip.com) with over 1000 bookable properties and another 100,000 hotels worldwide. Because of the extremely high profile of team members (president of an EU member state and a member of EU parliament), we have taken security and delivery of our product of extreme priority. Our project is against hype and as a result, our community is composed of well educated and informed investors. LOC is a strict ERC20 utility token with a solid legal opinion.