LockTrip.com is a blockchain-based travel marketplace that allows users to save up to 60% on their bookings by cutting out middlemen and their commissions. It is possible to choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. LockTrip's stated mission is to make travel more accessible by bringing down prices for the average user.
More than 2.1 Million Hotels & Properties
LockTrip is working with the strongest brands in the travel industry to offer its customers first class inventory around the globe. Thanks to its vast network of partners and its unique reverse-auctioning model, LockTrip is letting brands compete with each other to strip down commissions as much as possible. This ensures that customers are always presented the lowest price possible.
More than 1,000 Airlines to Choose From
With more than 1,000 Airlines to choose from globally, LockTrip is better connected than any other marketplace in the industry. Hotels, Homes & Flights are bookable from within the same marketplace in a one-stop shop solution.
About the LOC Token
LockTrip's business model funnels the entire economy through the LOC token. Each booking made on the marketplace results in 3% of the booking value being used to buy LOC from exchanges and burn them. The process is fully automated and can be verified transparently on the blockchain. The LOC token is powered by the Hydra chain, which unifies the best features of Bitcoin, Ethereum and Qtum chains and introduces additional economic features to its ecosystem.
Deflationary Model
Contrary to most other tokens and coins, the LOC supply is not growing or remains stagnant. Indeed it is shrinking with each booking and it's subsequent burn. This mechanism will continue indefinitely as there is no limit in time or number of LOC to be burnt.
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The live LockTrip price today is $0.559702 USD with a 24-hour trading volume of $1,136.85 USD. We update our LOC to USD price in real-time. LockTrip is up 0.51% in the last 24 hours. The current CoinMarketCap ranking is #6191, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy LockTrip at the current rate, the top cryptocurrency exchanges for trading in LockTrip stock are currently KuCoin, HitBTC, and FMFW.io. You can find others listed on our crypto exchanges page.