Winding Tree: Decentralizing the Oligopolistic Travel Industry

Winding Tree ICO

Decentralizing the Oligopolistic Travel Industry
Summary
Platform
Ethereum
Token code
LIF
Total supply
10,000,000
Price
Soft capacity
0
Hard capacity
0
Accept

Crowdsale
Start date
18 Sep 2017 12:00 UTC
End date
18 Oct 2017 12:00 UTC

Social & Links

Official website

A decentralized distribution platform for the travel industry. The oligopolistic nature of the travel industry allows for superior margins, double marginalization, and inhibits competition. Today hotels pay up to 25% fees of the total booking value to intermediaries who hold a duopoly on travel distribution. Winding Tree gives the distribution power back to the individual hotels and airlines. Moving data around and charging for that service may have been a business model in 70s but is wholly outdated today. Blockchain allows for a truly free and competitive platform in the travel industry. Having previously started a successful travel startup we have great connections in the industry and are actively talking to some of the largest players in travel.

Winding Tree: Decentralizing the Oligopolistic Travel Industry