EVER caught a travel bug, headed off to a new destination and wished you could summons up some trusty reliable local advice?
Look no further than Cool Cousin, an app using blockchain to create a network of local guides, offering up insider city tips for intrepid travelers.
The concept has been a huge worldwide success and now project backers have put their brand new cryptocurrency Cuz Token on a public sale to help exchange information and give incentives for users.
Travel accounts for 1 in 10 global jobs
Launched in Tel Aviv, Israel in 2016, Cool Cousin is a VC-backed travel company, used by over 500K travelers worldwide.
It operates in over 65 cities housing more than 1000 Cousins who provide insider tips and advice to intrepid travelers.
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And next month it’s to launch its Cuz token to improve the app’s performance, and grow the Cool Cousin community.
The start-up has monthly double-digit growth and is well positioned to become a major player in the global travel industry thanks to its unique and down to earth offering which hones in on travel loving millennials.
The company says: “Cool Cousin is on its way to becoming a game-changing decentralized travel agency for the Millennial and Gen Z traveler: Using blockchain technology and powered by the crypto token CUZ, Cool Cousin will offer travelers diverse and affordable premium services, while creating a new source of income for locals around the world, without compromising the content’s trustworthiness.
User incentives
“Cool Cousin is also riding the cryptocurrency application of Blockchain technology to create the CUZ token.
“The CUZ token is an open source cryptographic token that will be used for the exchange of information on travel services and local information on the Cool Cousin platform.
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“CUZ will serve as a tool to incentivize Cousins to provide unique content that fills an information gap for travelers.
“The supply of the CUZ token is limited to 300,000,000 with the bulk of it being available in an ICO and only 10% going to the founding team.
“The instrumentality of a coin exchange also ensures that all members of the Cool Cousin community get to participate in keeping the platform alive sustainably without sacrificing the quality of content at the altar of growth and scale.”
Active Users will be allowed to become contributors and with that earn CUZ tokens.
The tokens can be earned by adding to the user experience by helping to keep content on the APP relevant, clean and updated.
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Users are encouraged to update bad photos, attract new Users, review recommendations and after a period time through active engagement and valuable contributions they will be given Editor status.
More CUZ tokens can be earned by helping to develop the content and making corrections of the sites other contributors.
Key Dates
1. Private pre-sale ends: March 10, 10 UTC
2. Public Pre-sale starts: March 29, 00:01 UTC
Ends: April 1ˢᵀ, 22:00 UTC
3. Public Sale starts: April 3rd, 00:01 UTC
Ends: April 23 22:00 UTC