Sep 14, 2018
Asia Pacific is now the world’s largest travel market (33%) led by China (220 million outbound trips by 2025) and Southeast Asia which is the fastest growing region (increasing at 7% vs global 3%). The market for Global Travel Activities is the 3rd largest travel sector in the world and set to grow to US$129 billion by 2020.
WEGOGO is launching its own WeGold Travel Token to pioneer a new decentralized, fair-share ecosystem -‘PathFinder Model’ - to empower travel loving people to help discover and share the long tail of travel experiences. This peer-to-peer model incentivises our PathFinders to create a new stream of income doing what they love and scale the ‘Unscalable’.
Currently, WEGOGO has a proven system on WeChat, iOS and soon-to-be launched Andriod featuring over 10 islands and 400 activities with over 5,000 transactions conducted on its beta. By 2020, WEGOGO will expand to cover 125 destinations and 16,000 activities for bookings.
2020 & Beyond
Attention. There is a risk that unverified members are not actually members of the team
Positives Creates a New Sustainable Tourism: WEGOGO’s blockchain will use a micro-financing feature that enables PathFinders and Travel ASPs to start new, sustainable activities, It leads to a growing ecosystem and confident users. As a result, it will promote local economic development. Rewards for User Participation: Users who use We Gold’s platform are rewarded in a cycle manner. For instance, the PathFinders aid the WEGOGOers by providing them coins each time they use the travel app. And the travel app rewards the PathFinders with tokens for providing information to WEGOGOers who use the platform for travel purposes. Delivers Aspirational Services: Travel ASPs gain We Gold tokens by helping PathFinders and WEGOGOers have a good travel experience. If they receive high ratings from users in the system, they will be rewarded in tokens.
Negatives Competition: One this ICO will face is the multitude of travel applications that are entering the cryptosphere. Regional Acceptance: Since this ICO has started in China, it will take time for it to expand to the western hemisphere and obtain acceptance.
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