Smart Trip Platform ICO rating
FAQ
/FAQ
What is cryptocurrency?
A cryptocurrency is a digital currency based on a cryptographic mechanism that makes it extremely difficult to counterfeit; since it is not issued by any central authority, it is theoretically immune to government interference or manipulation.
What is blockchain?
Blockchain is a distributed database, in which storage devices are not connected to a common server. This database stores an ever-growing list of ordered records, called blocks. Each block contains a timestamp and a link to the previous block.
What are smart contracts?
Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions traceable, transparent, and irreversible.
What are the ERC-20 / EIP-20 standards?
The ERC-20 defines a common list of rules for all Ethereum tokens to follow, meaning that this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system. Ethereum's ERC-20 token standard has been recently formalized as an EIP.
What is ICO?
An initial coin offering (ICO), also known as a digital token sale or crowdsale, is a way of raising funds from the public for the development of a product to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. Usually products are blockchain-based technologies, but the crowdsale model is increasingly being used for other kinds of projects as well. In an ICO campaign, a percentage of newly created cryptocurrency is sold to early backers of the project in exchange for other cryptocurrencies (Bitcoin, Ethereum and others).
What is the Smart Trip Platform?

The Smart Trip Platform is a blockchain-based platform which offers travellers all the functionality needed for planning a safe and comfortable journey and provides related business wide possibilities of direct contact with customers. A utility token, called TripCash, will make payments within the platform easy, quick, and completely safe.

Key benefits for travellers:

  • Secure blockchain-based data storage
  • User-friendly travel-planning tools
  • Emergency assistance
  • Direct communication with other users in a certain location
  • Payments for services and goods in crypto and fiat money worldwide

Key benefits for related business

  • Easy and affordable advertising on the platform
  • Access to statistical data
  • Direct contact with customers
  • Quick and secure payments in crypto and fiat money
Why do you need an ICO?
Smart Trip Platform is created as a system of services for travelers, mutual aid between them, and interaction between travelers and the businesses serving them. Therefore, we expect future users of the Platform, their friends and business partners to be the main ICO contributors. This will allow to quickly increase the number of users, eventually achieving viral growth. The funds raised will allow finalizing and launching the Platform in the shortest possible time - much faster than it would be possible using classical venture capital schemes.
How does the Smart Trip Platform use the blockchain technology?
The use of blockchain technology allows to:
- Implement decentralized data storage;
- Set up smart contracts ensuring that payments are carried out automatically once certain conditions are met;
- Make the system as automated and decentralized as possible, reducing human involvement, transaction costs, and the number of errors;
- Dramatically increase the speed of transactions - especially cross-border transactions - since the parties will no longer need to confirm payments manually;
- Provide an efficient means of payment for advertising, rewarding users with bonuses, and resolving conflicts - all this by means of smart contracts;
- Create Universal Cryptocurrency Wallets, which will allow instant exchange between cryptocurrencies, as well as issue debit cards for external payments
How can I participate in the Smart Trip Platform ICO?

All contributors interested in participating in the Smart Trip Platform ICO will need to complete the following steps.

  1. Register an account. In order to register, one needs to proceed to http://smarttripplatform.io and click the Participate in the ICO.
  2. Determine the desired contribution amount and calculate the resulting amount of tokens and the size of the discount. The contributor needs to choose the cryptocurrency, after which the easy-to- use automatic converter on our Token Sale Platform will perform all the necessary calculations.
  3. Purchase TripCash tokens.
  4. Transfer purchased TASH tokens into the wallet. At this stage, the contributor’s ETH wallet address need to be entered (only wallets supporting the ERC-20 standard can be used), after which it becomes possible to transfer the purchased TripCash tokens into the wallet.

Further information about the token purchase procedure can be found at www.smarttripplatform.io just clicking the button How to participate.

Where can I buy cryptocurrency?
You can buy Bitcoins as follows:
- Cash and bank transfer at https://localbitcoins.net
- Bank transfer at any popular exchange, such as https://www.coinbase.com. The full list is published at https://www.cryptocoincharts.info/markets/info
- Card payments at https://www.coinmama.com/ether
- Card payments at https://cex.io/buy-ethereum
To buy Ether:
- Bank transfer at any popular exchange, such as https://www.coinbase.com. The full list is published at https://www.cryptocoincharts.info/markets/info
- Card payments at https://www.coinmama.com/ether
- Card payments at https://cex.io/buy-ethereum
You can buy other cryptocurrency at any popular exchange the full list of which is published at https://www.cryptocoincharts.info/markets/info
How will TripCash token be used?
The TripCash token is planned to be used as the internal currency of the Smart Trip Platform: to purchase and sell products and services, pay for advertising, and handle all types of rewards for user activity.
When will I get my TripCash tokens?
TripCash tokens will be transferred to your Ethereum wallet at the moment of purchase with a two-week vesting period: tokens will become available for transfer 14 days after the main ICO round is finished.
Where and how should I store my tokens? Can I transfer them into an ETH Wallet?
TripCash tokens comply with the ERC-20 standard. You can store them in your account on the Smart Trip Platform or transfer them from your account into any Ethereum wallet of your choice.
When are you going to launch the product?
A demo version is already available on the site (click Try Our Demo); please note that it illustrates only some of the features that the final version will contain. By the end of Q2 2018, we are planning to implement the main features of the platform, and by Q3 2018 we will have integrated the TripCash utility token as a means of internal payments. TripCash debit cards will be launched in Q4 2018 – Q1 2019.
What is your plan to attract Users to Smart Trip Platform?
At the early stage, the marketing campaign will be geared at countries with the largest numbers of outbound and inbound visitors, such as China, France, Italy, Germany, Korea, Russia, and Thailand. Later, we will expand into other high-potential travel markets. The marketing campaign will include social media (Facebook, Telegram, Twitter, Instagram, etc.), blogs, newsletters, participation in media events and travel fairs, cooperation with local tourism authorities, a wide use of Internet advertising, etc.
Have a question that isn’t covered here?
Send us an email at: info@smarttripplatform.io
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