Triphop Announces Own Social Travel And Rewards Cryptocurrency Coin
The new social travel platform Triphop gives rewards to people who stay at specific hotels and then tell others about there experience. It also operates as a social media platform that gives free upgrades to travelers in the form of upgraded tickets and hotel stays.
Triphop’s main point of the platform is to lower the price hotels charge for people who choose to pay online. Travel agencies tend to cost a lot of money to use, Triphop will change that by offering guests a more affordable payment option. They will also reward users through their primary token the Tripcoin. Guests will now book directly through the hotel, rather than the travel agency, thereby cutting out the expensive commissions that OTAs typically charge.
Travelers typically perform extensive research online to find the cheapest travel options, hotel stays, etc. But with the new platform, there is the ability to search for the best prices, find them and then book them without the use of an OTA. Along with the easy and affordable booking, Triphop is going to give incentive packages and rewards to users on the platform. Rewards range from free drinks, to upgrades to tokens.
Also, the platform is used to overcome the charges in place by OTAs, who make considerable profits off the commissions charged to travelers. Triphop uses the power of influencer marketing to give rewards out to guests then increase traffic to hotel and travel websites, rather than pay through commissions.
The solution by Triphop is simple, to help guests and hotels alike, by helping establishments make profits while saving people money who book them. By cutting out the middle man, the online blockchain-based booking services helps reduce the price people pay and encourages them to book hotels online through their personal website. The second phase of the project is to improve the experience for the customers, though way of the incentives and rewards they offer for using their services.
Triphop is aware of the problem in the travel agency where hotels are losing money due to the booking agents they use. People are sick of paying travel agencies commissions for using their services. Instead they would like to book directly through the hotel. Booking through an OTA offers no incentive to the guest or the hotel, Triphop will change that – the result is beneficial for all parties – making booking a hotel online a better experience for the everyday traveler.