Jun 2, 2018
Creation a global wide Blockchain platform on hotel online booking eliminating middleman commissions and covering 20% of the hospitality market that will double by 2030 exceeding $1 trillion in volume and thus outperform major rival online travel agencies (OTA).
Since pier-to-pier architecture (P2P) is in the heart of all BlockChain platforms, NOMAD.space streamlines traveler-hotelier relations and increases hotel chain profit as hoteliers can manage and develop their value chains on their own now.
At the start point NOMAD.space acquired ABAB.io project that developed and tested a prototype of a platform for the Hospitality industry based on Ethereum Blockchain technology.
NOMAD.space uses familiar user-friendly interfaces and software compatible with the existing one so there is no need for travelers and hoteliers to change their habits.
NOMAD.space will be owned and managed by hoteliers through the Decentralized Autonomous Organization (DAO) and currently developed on EOS / Ethereum/ Side Chain technologies (Plazma). The hoteliers will choose the most efficient one.
NOMAD has the following features and strengths:• Lowest transaction costNo payments for servers. No commissions for miners, platform owners and currencies exchange;• Financial infrastructureInternal currency (NSP) and instruments to reduce volatility and increase liquidity via market maker smart-contract (MMSC);• Blockchain platformDeliberate choice of suitable blockchain platform from three testing platforms (Ethereum / EOS / Plasma). The team will finish the development of the MVPs based on several blockchains and will publish tests and justification of the basic blockchain choice before the start of ICO. The blockchain for the final product will be selected if it supports transaction rates comparable to visa and MasterCard processing services and has zero internal fees. • Big client and hotel baseEnsuring the flow of orders right after launching the project through focused M&A of aggregators and PMS. The newest-generation PMS offers a single global hotel property register that is constantly updated. • Technical infrastructureOwn blockchain-nodes installed by the hoteliers;• DAICOTransparent and easy-to-understand algorithm for taking control of the project at each stage;• DAO of hoteliersThe members of the network manage its development and solve internal issues of the touristic industry using a joint consolidated development budget from all of the participants;• Honest reviews and transparent rating systemTransparent system of ratings of hotels and rooms by real travelers;• Non-staff hotelRapid deployment of a non-staff hotel concept based on Internet of Things (IoT).
Considering that blockchain is an emerging technology, that there are optimistic forecasts concerning new blockchain platforms and Ethereum updates and the fact that there is still no consensus as to which blockchain solution will be most suitable for the hospitality industry, the NOMAD development team made a decision to build MVP on three diverse blockchain cores, i.e. Ethereum, EOS and Plasma-based Ethereum sidechain. We will publish detailed results of each trial run, and the NSP token holders will vote on the platform to base the system on.
NOMAD will have a multi-tier layered architecture. API used to connect between the layers will be standardized so that the solutions will be easily interchangeable without affecting user experience and business processes. E.g. the photo storage layer could be changed from IPFS to Swarm or the transaction storage layer could be changed from Ethereum to EOS.
Attention. There is a risk that unverified members are not actually members of the team
$57 437 905
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.