What Is ClearCost?
The ClearCost project wants to make the travel industry more affordable by lowering prices for accommodation in hotels. Depending on the hotel and region, the cost could come down by 6%, 15%, and even up to 25%. Those who spend about $50 right now could end up gaining over $600 worth of benefits by joining ClearCost.club.
The Current Market
In 2017, online services were used to book about six billion nights in hotels. Out of these, online travel agencies booked about a billion. By any estimate, the cost of a room exceeds 100 USD. The analysis has led the team behind ClearCost to conclude that their project is needed.
The Market Opportunity
There major players in the hotel bookings industry are often called wholesalers. They purchase overnight stays in bulk. The most well-known players are GTA, Expedia, and Hotelbeds. They do not spend any money on B2B ads since they sell the rooms via a network of agents, who get a discount. In most cases, this discount is quite huge.
When the agents have to sell to customers, they are responsible for creating the ads with their resources. However, in this project, customers are already token owners. Thus, any advertising costs are excluded from the prices. Thus, the markup by ClearCost will only be a third of the markup charged by rivals. Thus, users of ClearCost will get huge cost benefits.
The target for this project is the economically active people of the upper middle class aged 25-55. Thus, this audience encompasses those that are active in the crypto world. This project will target those with a desire for benefits, those who use crypto, and those who wish to save on travel.
ClearCost CCWT Token ICO Details
Parameters Of The ICO
- Total Tokens Issued: 5,500,000
- Tokens for Sale: 3,500,000
- Tokens for Pre-ITO: 1,000,000
- Pre-ITO Date: May 21, 2018 – June 20, 2018
- ITO Date: July 1, 2018 – October 31, 2018
- Soft cap: N/A
- Accepted Payment: BTC, ETH, and other crypto coins
- Jurisdiction of Token Issue: Seychelles
- Jurisdiction of the Service Company: Estonia
After October 31, tokens will enter free circulation via at least one exchange. A token holder can obtain membership instead of the token. The founders will not be able to sell tokens if the token price drops below $2.50. It is worth noting that the service company may stop providing the described services to token holders. To do this they could offer token holders alternative tokens or placing an offer for token redemption.