Winding TreeVISIT NOW
Decentralizing the Oligopolistic Travel Industry
Smart contract blockchain
A decentralized distribution platform for the travel industry. The oligopolistic nature of the travel industry allows for superior margins, double marginalization, and inhibits competition. Today hotels pay up to 25% fees of the total booking value to intermediaries who hold a duopoly on travel distribution. Winding Tree gives the distribution power back to the individual hotels and airlines. Moving data around and charging for that service may have been a business model in 70s but is wholly outdated today. Blockchain allows for a truly free and competitive platform in the travel industry. Having previously started a successful travel startup we have great connections in the industry and are actively talking to some of the largest players in travel.
Winding Tree slogan is pretty straight forward "Travel Distribution Without Intermediaries". They want to improve the work of travel agencies by digitizing part of the work. They noticed that many of these companies still rely on old workflow with phones and faxes and there is a lot of that can be enhanced in order to provide better quality service. In most cases it will be possible to cut the intermediaries which will make the service much more cheaper as there won't be any unnecessary fees and delays. Winding Tree platform will be basically a base for next travel related product to be build upon with the focus of all transactions taking place on their blockchain with their token. Site's design looks very interesting and entertaining, however the whole project lacks any direct power or strict focus.
User ReviewWrite review 1 reviews
I don't quite understand them, are they some fancy travel agency? Like they focus on making the travel cheaper for the ordinary person while more profitable for the travel profider. You could pay for your whole travel expenses and whole holidays with these tokens. They basically create a platform with the hope that there will be suppliers that want to provide their service there. I'm not so sure about this project, however the site's design is quite good and fun to watch.
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