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Hotel Bookings grew 86% in the first Quarter of 2019

Hotel Bookings grew 86% in the first Quarter of 2019

Dear Community!

LockTrip is proud to release the booking statistics for yet another highly successful quarter.

During the first quarter of 2019, we were able to almost double the amount of bookings placed on our marketplace for the 4th consecutive time.

Talking in numbers, the fourth quarter saw a total of 206 bookings, which represents an increase of 86% compared to the 111 bookings recorded during the previous quarter.

This growth was also reflected by the booking value processed during the same time period. A total of 63,176 € worth of bookings were placed in Q1 2019 compared to 40,789 € in Q4 2018, representing a growth rate of 55%.

A small note that this builds on top of the already magnificent jump that we had reported in the last quarter of 2018 (+152%).

Processing more than 63,000€ on a single quarter means that we have already surpassed a yearly turnover rate of 250,000€.

The average booking volume was 307€.

Growing at 100% per quarter results in very significant compound effects. Comparing the first quarters of 2018 and 2019, we understand the true implication of repeating doublings.

One of the key data points that is of high relevance to the LOC economy is the average lock-up period of the LOC tokens in the booking smart contract.

In the first quarter of 2019, customers booked their hotels on average 25 days in advance.

This is the average time a random booking locks up LOC tokens in the smart contract, thus excluding them from the circulating supply.

We want to thank all of our users for their trust in LockTrip.

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LockTrip is the first marketplace with 0% commission where you can save on average 20% on your hotel and rental bookings compared to anywhere else. Read how to buy LOC tokens here!

Published at Thu, 04 Apr 2019 14:09:17 +0000

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Nametoken ICO Launching August 1st Offering Domain Name Investment Platform

The Nametoken ICO will create a decentralized domain name ecosystem and will launch an ICO on 1st of August 2017. 90% of the tokens will be made available for investors.

[Note: This is a sponsored article.]

Nametoken (NAT) which aims to provide a platform for investment in Internet domain names is set to begin their crowdsale on the 1st of August. It will last until September 30, 2017. The team behind the project have a domain name background with over 20 years experience both in the domain trading business and in developing applications.

The company’s founders, Frank Menze and Jens Peterssen have previously traded domains worth several million US Dollars. Furthermore, they have successfully launched e-commerce projects that have generated several million US dollars in sales.

During the ICO, NAT tokens will be available for purchase with bitcoin, Ethereum, or Litecoin. It is recommended that investors use either Mist, MyEtherWallet, Metamask or Parity to receive purchased tokens.

Domain Name Marketplace

Alpha Release

Nametoken’s Ethereum blockchain-based platform will enable users to buy and sell domain names securely and efficiently. All transactions between buyers and sellers are handled through smart contracts, allowing for fast automated payments and fulfillment. Because the platform is decentralized, users will realize significant savings on transaction fees typically associated with buying and selling domain names.

Users of the platform will be able to monetize their portfolios and earn Nametokens by registering, listing, buying, selling and parking domain names. The real ‘secret weapon’ in Nametoken’s arsenal, however, will be their proven domain appraisal algorithm which, when combined with user generated data, will mean only interesting and relevant domain matches will be shown to domain buyers.

Nametoken Exchanges

The Nametoken team cannot guarantee exactly which exchanges the tokens will be traded on once the ICO has ended, however, they have confirmed that they are currently in negotiations with multiple exchanges. The FAQ section on Nametoken’s website does say that the token will definitely be listed on at least several exchanges within 8 weeks after the ICO ends on September 30th.

Buying the tokens on an exchange will be the only option for U.S. citizens who are not allowed to invest in the ICO due to U.S. law.

Token Distribution

Nametoken Token Distribution and Revenue Alotment

As can be seen from the chart above, taken from Nametoken.io, the sale and distribution of the tokens will be very fair with the team keeping just 7% of the available tokens, allowing 90% to be made available to investors. The remaining 3% will be earmarked for advisory and legal matters. This sets Nametoken apart from other less fair ICO launches in which a far greater percentage of the initial tokens were kept in reserve for the company and its founders.

Revenue from the tokens and trading of domains will also be distributed according to the “Intended use of revenue” graph (shown above). It’s a very keen commitment to transparency in their operation and as can be seen; 40% will be reinvested back into Domain investment, with 30% going to ongoing development and 18% to marketing.

Will you be taking part in the token sale? Are you currently a domain name investor? Let us know in the comments below.

Images courtesy of Nametoken, Shutterstock

The post Nametoken ICO Launching August 1st Offering Domain Name Investment Platform appeared first on Bitcoinist.com.

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