GOeureka ─ The First Online Ordering Platform Based on Block Technology

What is GOeureka?

GoEureka is a travel technology company that uses blockchain technology to create a hotel booking platform. Our mission is to decentralize the hotel booking sector and provide better transparency that allows hotels to connect directly to their customers. Hotels, focus on providing a digital experience, dynamically for users and removing the high commission structure charged by online travel agents.

The reservation mechanism may also allow users to get the cryptocurrency badges (Go Tokens issued by GoEureka) for online orders built on the platform, that may then be utilized for future orders on the GoEureka portal. "Think about Head out Tokens as loyalty tips that users may use to unlock several benefits on our system. With that said, the essential benefit of our tokens can be its usefulness on our system, "explained ManEye Rai, founder, and CEO of GoEureka. GoEureka also ideas to add payments using traditional strategies,

The business's goal is to supply greater transparency in the booking process and increase value for the buyer, allowing users to conduct transactions with resorts through smart contracts directly. Different functions that the business plans release a are to help the conversation of loyalty things in resorts and a reservation program that may provide the maximum price for travelers. "We've recognized a simple problem with the existing ecosystem, where accommodations and OTA operate in isolated circumstances. For example, the current user, who generally deals with the literature on a third-get together portal, does not reap the benefits of loyalty to loyalty. Furthermore, to rewarding our Head out Tokens users, anyone who prospects through the GoEureka system will also acquire loyalty points immediately from the hotel,

GoEureka will remove the current commission version, adopted by agents of the web travel agency, and can work with a lot more cost-effective fixed-fee version with their hotel companions.

GOure transparency and blocking Key top features of the blockchain accountability. Go use the blockchain to make sure accounting and transparency in the ecosystem. Choose will replace the payment device for the game, employed by most travel firms. The program will be impartial; no commission will come to be billed to users. Move, you won't need to purchase visibility. All effects and SERP's will be dependant on the effectiveness of the resort and user reviews.

Product Overview

The GO platform includes the following:

Website with booking and payment functionalities
Mobile application for customers and hotels to communicate directly with each other
A centralized database and server to store Personal Identity Information (PII), customer booking details, and data from hotels
Utilize Ethereum blockchain and smart contract to generate decentralized GO Tokens and execute payout requests

GO will store the PII, customer booking details, and hotel data off-chain to avoid pushing up network transaction fees and ensuring the immediate execution of user activity. GO will look to move its entire platform on-chain in the future, with the introduction of new blockchain technology (i.e., Raiden) that allows instant execution at minimal to no cost.

It is a key goal that the GOeureka platform provides for widespread usage, therefore utmost priority will be given to platform performance, user interface and experience. Majority of the system will be built in off-chain components but critical information will be stored in persistent smart contracts. The critical factors addressed are:

The design of a secure mobile wallet that the average user feels comfortable using and is recoverable by the same user in the event of a lost device.
The GO token which can be held, spent or traded.
The GO credits which offers preferential rates when purchasing products and services. An exchange allowing the purchase of GO credits in exchange for GO tokens
A management system to allow booking and recording of scarce, non-fungible resources (e.g. room-nights). Making this booking comes from:

payment of deposit in GO credits (automatic)
acknowledgement by the payment facilities during deposit through classic methods

A booking and payment system for less scarce resources - e.g. spa sessions, meals, activities etc.

The Strategy

The GO Token that is indeed a digital form of token or virtual currency that is designed to facilitate currency transactions on the very GO platform for the actual purchase of room nights, unique hotel services, and other internal processes and payments within the GO infrastructure. Move Tokens are honored to preliminary members during the small deal and may get bought and sold on exchanges in the potential or spent on the Get system.

The move might provide a good 5%-15% personal savings on all Head out Expression redemptions on the program. This provides a motivator for the token holders and make them to spend the tokens on the Head out system instead of offering them on exchanges as they will certainly not come to be subject matter to exchange costs and could potentially earn on the 5%-15% savings. Head out will as well pay back token owners for the spending of tokens in buy to create an even more getting environment. Apart from changing a regular membership position and obtaining even more discount rates, Head out Token holders will as well get called to a further spectrum of rewards on the GO system. All buyers on the Head out system will possess their facts captured when affixing your signature to up (Passport/No .). Coming from to KYC methods in place presently, it is quite time-consuming to open an account with an exchange-wide. Once the GO small is certainly outlined on exchanges, Get will job alongside the own exchanges to simplify their KYC strategies hence getting tokens from any exchange that Move is stated on will get better and quicker.

GO Credits are actually cash values credited to customer account wallets. Move Credits may simply end up being spent on the Head out the program and will be non-transferrable. Customers will come to be recognised with Times quantity of getting Credits to spend on GO’s own platform. Consumers might after that subsidize their total expense of getting applying to GO Credits. Move Credits will also come to be issued on the part of hotels that perform not really have got customer loyalty programs to make certain that every customer on the Get platform is certainly paid for their contribution.

Buyers retain the alternative to convert tips earned from accommodations to GO Credits. Change can be certainly not compulsory, and buyers can choose to carry on to lodge details to maintain its full worth or get benefits with the regular straight. The value of inn faithfulness items will come to be designated founded on the hotel’s own Fiat money worth allocated to each stage. Upon alteration, buyers can dedicate Head out Credits to booklet bedrooms at various other Head out spouse accommodations. As clients receive lodge details for getting Credits, accommodations are right away allayed of their balance-sheet pressures from retaining on to unredeemed items.

Mission GOeureka

"GOeureka leads to the re-booking function, which waits for patents for clients to get the best possible value for the room. If the rates go down, the re-booking feature automatically detects existing orders at a lower level and gives them new," Rai added.

GOeureka also proposed an interoperable loyalty program that will benefit hotels and customers by promoting their own hotel loyalty program with the option to change hotel loyalty points to GO Credit which can be used on the GOeureka platform.

"For consumers who have subscribed to several loyalty programs, the corporate loyalty program solution from GOeureka can facilitate instant exchanges and exchanges for multiple loyalty points on one platform," said Rai. "Blockchain acts as an eternal and safe directory of all transactions related to the issuance of GO credits, creating a transparent supply of loyalty points that can be verified without the need for intermediaries."

GOeureka will launch the first alpha version of their hotel booking platform on September 10th.

"We will do test work directly on the platform for the next few weeks and have the MVP Platform Order feature ready on September 10," said Rai.

Problems We Solve

Lack of Transparecy Leading to Higher Prices , Inequitable commissions to OTAs ultimately decrease hotels' margins and increase consumer prices
Neglected Hotel Loyality Programs, Consumers miss out accruing points and subsequently free hotel rewards
Search Bias, The manufactured bias through modified and reordered search results on OTA's ultimately costs consumers choice and value

Why Choose GOeureka

Zero Commission Fee
Automated Rebooking Feature
Interoperable Loyalty Points
Fiat & Cryptocurrency Payment Method
Worldwide Coverage At Launch

Platform GOeureka

GOeureka Hotel Booking Loyalty Programs With The Blockchain

If a hotel wishes to integrate, the GO ecosystem will offer an API where a hotel can link their inventory with the reservation system. There will be guides offered to the hotel’s IT department to make the integration seamless. Go will also integrate with the property management software of a hotel via strategic partnerships.

One issue that GO will solve is the disconnected loyalty programs. Today, every airline, car rental service, and the hotel will have its own loyalty program. This makes it hard for ordinary consumers to accumulate enough points to redeem for significant rewards.

An integrated loyalty program powered by the blockchain is the future. Go will create an interoperable program that is powered by this technology. Users will have the option to convert the loyalty program points of a hotel in GO credits. With this system, loyalty points earned from a car rental service can be converted into GO credits. This can then be used to pay for a hotel room.

How does GOeureka do the job?

The resort manages the inventory procedure and passes the commission on a free of charge blockchain basis.
Customers browse, e-book and receive unique rewards in the kind of rewards for devoted customers, automatic reset, Head out tokens and credits as dedicated customers, support services. Specialized help and Head out the debit card.
The customer’s quest is from reserving to repayment with the GOeureka App.

GO Token

The GO Token is a digital token or virtual currency designed to facilitate transactions on the GO platform for the purchase of room nights, hotel services, and other internal processes and payments within the GO infrastructure. GO Tokens are awarded to initial investors during the ICO token sale and may be traded on exchanges in the future or spent on the GO platform.

Go’s marketing initiative

Digital activation 40%

Programmatic marketing is essentially the use of software to purchase digital advertising. It is powered by audience data and machine learning and allows marketers to connect with their best customers and prospects across all touch points. This will allow us to run data-driven digital activation campaigns at scale to drive their customer acquisition program. Through our DSP partnership, they will be able to take an audience-centric approach to media buying, target consumers at scale, and reduce media wastage.

Marketing team 5%

To support their marketing activities, they plan to apportion part of the ICO funds to hire a team of advertising and media specialists. They have budgeted for the following personnel:

Social media and community managers
Programmatic campaign specialist
SEM specialist
Loyalty program manager
PR manager
Social media 10%

In addition to paid media activities, GO will also have a presence on all the main social media channels such as Facebook, LinkedIn, Instagram, Line, Twitter, WeChat, and Snapchat. They will run various paid social media campaigns across the abovementioned platforms to drive brand messaging and complement other digital media activation campaigns.

Branding 10%

To build the GO brand identity, we will be running a series of advertising campaigns across digital and traditional media outlets such as TV, print, and radio. GO’s brand advertising campaign will concentrate on promoting our brand equity and marketing to a mass audience to drive awareness of their platform and product offering.

Promotions 30%

GO will incorporate a range of different promotional tools that reward our customers for signing up, making repeat bookings, and referring people to the platform. They will offer first-time sign-up bonuses for the first 250,000 users and implement a customer referral program for all new users. The referral program will be one of our many recruiting strategies where current customers are rewarded for referring new users to GO.