WHO ARE THE VENDORS?
IF THE MARKET LEADERS, E.G. BOOKING.COM, SWITCH TO SUCH A BUSINESS MODEL (MINIMUM MARK UP & MAXIMUM CASHBACK) – WHAT MAKES YOU THINK THAT #MOTU IS GOING TO OUTPERFORM?
The platform has a number of competitive advantages. With #MOTU, tourists can:
-create the travel experience of their dreams, incorporating a variety of options, including transport, accommodation, guided sightseeing tours in his or her native language, theaters, shows, shopping and sport and leisure activities.
-manage the total cost of the trip. If the recommended combination of activities, travel and accommodation is too expensive, a customer can vote for a cheaper option for a specific part, remodel the entire trip or remove an aspect altogether in order to fit the tour to his/her budget.
-estimate the cashback she or he will receive. Each of the tour combinations has an embedded cashback the tourist will be entitled to in the event he or she picks up the option. This allows a tourist to see in advance how many DIS-coins he or she will mine with each combination.
-#MOTU is an aggregator that puts all parts of a trip together in a one stop shop. The secondary advantages of the platform is its outstanding ability to bypass any agency fee and DIS-coin X-rate appreciation.
None of the existing industry players offers such a combination.
WHY DOES THE PROJECT NEED BLOCKCHAIN?
First, blockchain powers DIS-coin, which is the cornerstone of the platform’s business model. A public placement of DIS-coin aims to attract a large number of individual investors and companies from the outset. Embedded DIS-coin options, such as the free changeability to fiat and the ability to increase in value contribute to the #MOTU platform’s unique selling points and therefore its promotion.
Second, blockchain guarantees that customers receive high quality services and that vendors get paid. Blockchain technology provides verifiable records that confirm a transaction has followed the correct procedures, and is not biased in favor of the platform, customer or vendor. Participants will have confidence that the processing will be instantaneous, while recording the terms of the deal in smart contracts.
Furthermore, blockchain adds transparency to the platform’s review process. In the event the service does not reach #MOTU’s pre-set quality standards, the customer will be entitled to a refund, and the vendor will assume consequences by falling in rating.
Finally, blockchain’s smart-contract technology allows for direct interaction between tourists and vendors and therefore reduces third party involvement, representing the best-price option for customer.
HOW DOES DIS-COIN DIFFER FROM OTHER TOKENS?
- DIS-coin is backed by a real amount of cashback paid by the vendor as a fee for additional traffic, i.e. by the difference between the market (=parity =catalog) price and the special price the vendor offers #MOTU.
DIS-coin is a financial instrument:
- that has an initial intrinsic value, a threshold below which its price would not normally fall (equivalent of at least 2.5-5.0% of an average vendor’s service); furthermore, it can always be changed to fiat.
- for which a hold strategy is likely to generate profit. Its ’tokenomy’ is based on a deflationary model and creates a deficit by constant growth of asks from an expanding client base with the same (or marginally growing) circulating supply.
- that increases the efficiency of the entire travel industry for the benefit of tourists, vendors and investors.
WHAT ARE THE FURTHER PROSPECTS FOR DIS-COIN?
Given universal consumer behavior patterns, DIS-coin might have applications beyond the travel industry. When the growth of #MOTU participants slows, it is possible to imagine other industries offering sources of cashback (or discounts). The DIS-coin concept naturally matches with business models such as retail (e.g. Walmart, Carrefour, Tesco, Massy), mobile operators (e.g. Vodafone, AT&T) or credit card issuers (e.g. American Express, Tinkoff). This, however, might only occur at a later stage of the project, when the #MOTU community has grown enough to invoke interest from beyond the travel industry.
HOW TOKEN IS MINED (AND VERIFIED)?
The token is not mined per se: it is issued in accordance with a proof of stake algorithm and verified by NODs, installed by vendors and tourists – if they chose. Given the premium assumed for servicing the transactions, it would be rewarding to do so.
CAN TOKENS BE TRANSFERRED?
Yes, it can.