XcelTrip LLC located in San Jose, California, is working to revolutionize the travel industry by integrating Blockchain and Tokenomics on its XcelTrip web platform and mobile app.
“We believe the existing model, in which the middleman like OTAs (online travel aggregators) and GDS (global distribution systems) take away a big chunk of the business revenue without directly adding any value to anyone in the travel chain, is neither sustainable nor desirable as a business, especially when technology is allowing us to create an alternative and more efficient system” says XcelTrip’s CEO Hob Khadka.
After careful evaluation of the entire travel market and economic environment, XcelTrip has come up with a model that is not only going to change the way the travel business operates, but will also help to direct a part of the travel revenue from a few corporate executives to hundreds of thousands of service providers and users within the Travel Ecosystem, resulting in more equitable and expansive economy.
“Being an entrepreneur I had always envisioned a system that empowers the masses at large. Imagine being armed with the ability to earn when you travel. You would like that wouldn’t you? Now if you are able to earn when your friends traveled or even better when anyone traveled, wouldn’t that be fantastic? So at the core of XcelTrip we created the IMP (Independent Marketing Partner) program where any individual with an entrepreneurial spirit is entitled to a share from the earnings of XcelTrip by simply doing two things: encourage and ensure listing of vendors at XcelTrip to market, promote and sell their products or services and to consistently engage with the vendors giving them an edge over their contemporaries in the market while providing the best quality of products and services and concurrently increasing the gross margins”, says Hob.
The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.