GOeureka2

GOeureka: Next-Gen Solution Shaping the Future of Online Hotel Booking

GOeureka is a travel technology company that uses blockchain technology to build a hotel booking platform. Our mission is to decentralize the hotel booking sector and provide better transparency by enabling hotels to connect directly with their customers. As a technology partner for hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structure imposed by online travel agents. By reducing the hotel's financial commitment to third-party booking platforms, GO's vision is to enable hotels to focus more resources to provide better intrinsic value and services to travelers around the world.

By reducing hotel financial commitments for third-party booking platforms, GO's vision is to enable hotels to focus more resources to provide better intrinsic value and services to travelers around the world.

About Goeureka

GOeureka is a travel technology company that uses blockchain technology to build a hotel reservation platform. Our mission is to decentralize the hotel reservation industry and provide greater transparency by allowing hotels to connect directly with their customers. As a technology partner of hotels, the GO aims to provide a dynamic digital experience to users and eradicate high commission structures imposed by online travel agents. To reduce hotels' financial commitments to outsourced booking platforms, GO's vision is allow hotels to concentrate more resources on offering better value and intrinsic services to travelers around the world.

The GO vision for the long term from the travel industry strongly supports the web ecosystem where all businesses are left to have the opportunity to develop and benefit from providing the best materials or solutions for travelers. As a technology partner for resorts, GO expects to offer internet knowledge and applications directly to users without the high cost construction imposed by the current OTA. By reducing the economic commitment of the resort to third-party reservation systems, GO will enable hotels to focus more resources to provide better intrinsic customers and valuable services, Goeureka

GO Token Economy

GO will provide a 5%–15% savings on all GO Token redemptions on the platform. This provides an incentive for token holders to spend tokens on the GO platform instead of selling them on exchanges as they will not be subject to exchange fees and could potentially earn on the 5%–15% savings.

GO will also reward token holders for spending of tokens in order to create a more engaging environment. Following is one example of how GO can reward token holders for spending:

· If token holders spend X amount on the platform within a two-month period, they will be upgraded to Silver membership status and be entitled to an additional 5% discount on all bookings across the platform.

· If token holders spend Y amount on the platform within a four-month period, they will be upgraded to Gold membership status and be entitled to an additional 10% discount on all bookings across the platform.

· If token holders spend Z amount on the platform within a six-month period, they will be upgraded to Platinum membership status and be entitled to an additional 15% discount on all bookings across the platform.

Ordering & Inventory Platform

The web application platform will host booking platforms for travelers and hotel inventory systems for hotels. Travelers will be able to search and book hotels. Hotels can update room inventory and prices directly or integrate with channel managers. Most hotels manage their inventory using the channel manager as a management point, therefore GOeureka will provide the necessary API (Application Programming Interface) for integration. GOeureka will also work directly with the main channel manager to automate the integration process for hotels.

Rebooking feature

Travelers will enjoy automatic post-booking discounts for their stays through the Patent rebooking feature that is delayed by GOeureka. GOeureka's rebooking algorithm detects when hotel rates go down, and automatically re-booked existing orders (orders that meet requirements that have not yet passed and are in a valid cancellation policy) at a lower rate. Travelers will be notified of their discounted stay times.

When hotels choose to lower their rates on the GOeureka platform, they will receive a summary report about the affected orders and the total discounts given by the tariff deduction. This will allow the hotel to make informed decisions that are beneficial to themselves and their guests.

GO store

GO Store is an exchange in the application for token holders to buy GO credit using GO tokens. This is a safe and fast liquidation option for token holders to convert tokens into spent fiat value credits. Users enjoy discounts on products and services on the GOeureka platform when buying with GO credit. GO credits is credit in a fiat-valued application that allows for instant transactions and off-chain settlement. The Token Holder will exchange GO credit according to the prevailing market rate at the time of exchange. GOeureka will rely on data sources from various exchanges and custom oracle numbers to get the average token price on the market. Users will use a proxy wallet specified below to exchange GO tokens for GO credit.

Blockchain And Smart Contract

All transactions on the App will operate on GO’s smart contract. The smart contract acts as a communication layer between the platform and the blockchain. All transaction data will be sent to the smart contract to execute its terms, and the transaction will be stored in the blockchain. This removes the need for a middleman and facilitates lower transaction costs throughout the platform.

The GO platform utilizes the widely-used Ethereum blockchain. Ethereum’s smart contracts provide multiple language implementations that will facilitate future integration. An audit of all transactions on the platform will be kept on the blockchain each time the smart contract is executed.

Roadmap