Nomad Space
Last Update
Jun 2, 2018
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1 NSP=0.1 USD
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1 NSP=0.04 USD
About Nomad Space
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.
Features
NOMAD has the following features and strengths:
• Lowest transaction cost
No payments for servers. No commissions for miners, platform owners and currencies exchange;
• Financial infrastructure
Internal currency (NSP) and instruments to reduce volatility and increase liquidity via market maker smart-contract (MMSC);
• Blockchain platform
Deliberate 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 base
Ensuring 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 infrastructure
Own blockchain-nodes installed by the hoteliers;
• DAICO
Transparent and easy-to-understand algorithm for taking control of the project at each stage;
• DAO of hoteliers
The 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 system
Transparent system of ratings of hotels and rooms by real travelers;
• Non-staff hotel
Rapid deployment of a non-staff hotel concept based on Internet of Things (IoT).
Technical Info
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.
Nomad Space Roadmap
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1Q2017
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Idea of ABAB project
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2Q2017
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MVP of ABAB project
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4Q2017
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ABAB acquisition by Chalk Fund at pre-sale
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1Q2018
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Concept development, rebranding, team strengthening, white paper
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2Q2018
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Event for hoteliers
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2Q2018
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Signed preliminary agreements with aggregators and PMS developers
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3Q2018
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Pre-ICO
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3Q2018
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Completed MVP. Choice of suitable blockchain platform of three tested: EOS, Plasma, Ethereum
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4Q2018
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ICO Round 1
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1Q2019
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Partnership with aggregators and PMS developers
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1Q2019
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Release of platform alfa-version. Start of transactions via platform. Token placing on stock exchange
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2Q2019
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ICO Round 2
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3Q2019
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150 000 nights booked
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2020
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ICO Round 3
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4Q2025
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500 mln. nights booked
Activity
Nomad Space Team
Verified 58%
Attention. There is a risk that unverified members are not actually members of the team
Advisors
Verified 50%
Attention. There is a risk that unverified members are not actually members of the team
Former members
Nomad Space Interviews
In NOMAD project I give an overall support on business-related fields with key focus on growth strategies, right monetization and market entry.
NOMAD is a brand new solution with the latest technologies. By taking each and every middlemen out from the booking process it is the very first tool which is able to give you thousands of accommodation options and at the same time it is ensuring that you book on the best price.
And that makes the big difference.
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