LockTrip, established in 2017, is a blockchain-based travel platform aiming to streamline supply management, availability synchronization, pricing, and check-in processes. It eliminates booking fees for guests and commission fees for hosts listing accommodations. Functioning as a marketplace, LockTrip reduces fees for both parties, allowing users to find accommodations by country. The platform's cryptocurrency, LOC, is an ERC20 token with a supply of 18,585,933. LOC is essential for accessing LockTrip services. Key features include hotel and homestay booking with reduced rates via decentralized technology. LockTrip boasts competitive prices, claiming 20% lower rates on average compared to traditional booking methods, and up to 60% savings by removing intermediaries. Transactions can be ma...
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