About TravelChain Project
Mapala’s TravelChain is a planned decentralized platform for data exchange and direct advertising in the travel market. Users will be rewarded for sharing travel and personal data such as transaction history, reviews, visited locations/events, accommodations, personal information, interests, search history, and more. In return, companies will receive via TravelChain all the data required to create a custom advert (including even GPS data). Users will be able to specify their minimum fee for viewing an ad.
TravelTokens will be used for trading in user information, advertising, account upgrades, and purchasing additional platform and travel services, as well as paying platform operation fees and applying for decision making or management positions. The main source of TravelChain income will be fees on system transactions and fixed issue to a community reserve fund. All the fees paid on the platform will be distributed 80% to referers and 20% to a development fund.
TravelChain is planned to be a public, open-source blockchain; public information will be publicly available whereas private information will be encrypted. Administration will be comprised of Technical Supervisors (Delegates), elected by TravelToken owners (and which receive compensation in TravelTokens for their work), and Economic Supervisors (the Committee). All TravelToken owners will have voting rights (regarding the Supervisors, distribution of token funds, and community issues), weighted by the amount of TravelTokens in their possession.
According to the development roadmap, a working net will be launched in February 2018.