LockTrip

$LOC

$0.196721

0.73%

What is LockTrip?

"Disrupting the Travel Industry 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. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. More than 2.1 Million Hotels & Properties LockTrip is working with the strong Read more

"Disrupting the Travel Industry 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. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. 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 our vast network of partners, we are not only fulfilling the needs of our customers, but also let the strongest brands compete with each other. Thanks to our unique reverse-auctioning model, customers will always be 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. Both Hotels & Flights are bookable from the same marketplace in a one-stop shop solution. About the LOC Token LockTrip's unique 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. Deflationary Model Contrary to most other tokens and coins, the LOC supply is not growing or remaining constant. 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. LockTrip is powered by the Hydra chain, which emerged through the combination of the best features of Bitcoin, Ethereum and Qtum chains. It thus presents cutting-edge technology with unique economic features."

What is LockTrip?

"Disrupting the Travel Industry LockTrip.com is a blockchain-based travel marketplace that allows u Read more

"Disrupting the Travel Industry 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. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. 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 our vast network of partners, we are not only fulfilling the needs of our customers, but also let the strongest brands compete with each other. Thanks to our unique reverse-auctioning model, customers will always be 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. Both Hotels & Flights are bookable from the same marketplace in a one-stop shop solution. About the LOC Token LockTrip's unique 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. Deflationary Model Contrary to most other tokens and coins, the LOC supply is not growing or remaining constant. 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. LockTrip is powered by the Hydra chain, which emerged through the combination of the best features of Bitcoin, Ethereum and Qtum chains. It thus presents cutting-edge technology with unique economic features."

Website Twitter Telegram

Community Score

Platform:
All Platforms Twitter Telegram Coingecko
E 20
Follower
28,449 (#2065)
0.51% 7D
Activity
18/100
23% 7D
Sentiment
Positive
Follower
3,192 (#2203)
3.56% 7D
Activity
35/100
23% 7D
Sentiment
Positive
Follower
2,458 (#2028)
0% 7D
Activity
18/100
23% 7D
Sentiment
Positive

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Market Cap

$3.25M

Fully Diluted Valuation

$3.66M

Volume 24h

$644

All Time High Jun 27 2021

$11 98.27%

ATH Circulating Supply

$16.51M

Total Supply

$18.59M

Max Supply

$0.00

All Time Low Nov 13 2020

$0.00 5650%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@LockTripLOC
#2017 22,799 7.67 1.96
Telegram
@LockTrip
#2203 3,192 49.50 11
Coingecko
@LockTrip (LOC)
#2028 2,458

Community Score

E 20

LockTrip's community is presently carrying an 'E' grade, reflecting a low engagement per follower. It has a moderate follower base and experiencing a decrease in followers. The community is less active than most along with a generally positive sentiment among its members.

Community Metrics

Followers
28k
Small
Follower
Growth (30d)
-0.56%
Stagnant
Sentiment
29/100
Positive
Activity
18/100
+23%
The key metrics for this community indicate stability and healthy engagement, with no anomalies detected.
Development 24 h 7 d 14 d 30 d
Price 0.73% 17.53% 18.85% 43.76%
Follower 0% 0.51% 0.48% 0.56%

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

@LockTrip

2024-11-19 13:00
👋 Hello and welcome everyone to this special AMA session about the updated LOC economy! First of all we want to thank you for being patient over the past 24 hours, which will allow for a more structured format.
Score 100

@LockTrip

2024-11-19 15:07
CEX listings usually require a certain market cap and community size. With the current position it is unlikely for a relevant exchange to agree to a listing.The ones who would agree will be worthless, since it means anyone can list there 😄So the plau[...]
Score 80

@LockTrip

2024-11-19 13:16
The assumption that the new model will be slower, should be** grounded in reality** and **challenged by looking at the actual price chart of LOC**. We are largely having this discussion because of it.LOC has fallen continuously over the last years, w[...]
Score 80

@LockTrip

2024-11-20 13:10
Here is a post about the AMA from my personal account https://x.com/mshocair/status/1859221563611951249
Score 67

@LockTrip

2024-11-19 17:57
I want to express my heartfelt gratitude to the community for the loyalty and support. I am really excited about the next chapter of LOC.
Score 67

@LockTrip

2024-11-19 14:20
Thank you Nikola! That concludes the official AMA session, but we will be around for further questions and discussions, of course! Please give us a few minutes to refresh ourselves before going into the interactive part of the program 🙏We will be bac[...]
Score 67

@LockTrip

2024-11-19 13:50
At present LOC is traded on Uniswap as well as Hydradex. Uniswap is the most widely accessible DeFi platform in the world. The community can assist members who need support for acquiring LOC
Score 67

@LockTrip

2024-11-19 13:02
Since there is a lot to go through, I will try to keep the questions structured and won't add too many comments in-between. With that, let's get started!
Score 67

@LockTrip

2024-11-19 12:00
**💬 The AMA kicks off in just 1 hour! Grab your coffee, find a cozy spot, and get ready to join the conversation 👌☕️**
Score 67

@LockTrip

2024-11-19 14:05
The NFT Matrix will be pivot N4 to build a decentralized system. We've faced challenges with the originally selected service provider due to their struggles with legacy Hydra infrastructure and insufficient engagement. However, there's a silver linin[...]
Score 53

@LockTrip

2024-11-19 13:53
LockTrip.com operates as a travel agency and cannot directly promote or facilitate cryptocurrency conversions on its own due to compliance risks. Implementing a one-click LOC purchase option would effectively create a backend process that completely [...]
Score 53

@LockTrip

2024-11-19 13:43
No - LOC remains inherently deflationary through its fixed supply, which has already been reduced to less than 10M tokens. In fact, there's a silver lining to the challenges we faced: the recent restructuring enabled us to reduce the supply by more t[...]
Score 53

@LockTrip

2024-11-19 13:35
The 2M+ hotels with unmatched pricing remain the cornerstone of LOC’s utility for now. At the same time, we need to ensure the OTA stays in good shape, as it’s the backbone of this utility. Asking more from the OTA isn’t practical—it’s already doing [...]
Score 53

@LockTrip

2024-11-19 13:32
It starts with a fundamental shift in perspective. Previously, we didn't focus enough on LOC's actual utilization, which in retrospect meant we weren't emphasizing its distinct purpose in the crypto space. The first crucial milestone would be seeing [...]
Score 53

@LockTrip

2024-11-19 13:21
We cannot provide financial advice, as each individual should decide based on their own risk tolerance and strategy. Our primary focus is to ensure that LOC serves as a practical tool for reducing travel expenses. By offering an 8% discount on the va[...]
Score 53

@LockTrip

2024-11-19 13:13
While the velocity topic remains a hypothetical consideration, the real mistake of the past was disregarding the potential of users who might buy, hold, and use LOC for its utility. By offering tangible benefits like the 8% discount, we aim to attrac[...]
Score 53

@LockTrip

2024-11-19 13:10
LOC’s token economy could benefit from broader adoption and increased recognition of its utility. The 8% discount creates a clear use case to attract travelers and encourage growth in user numbers.The previous burn model offered no exposure to new us[...]
Score 53

@LockTrip

2024-11-19 13:08
The price of LOC, like any asset, will ultimately be determined by market forces, including supply and demand dynamics. The introduction of the 8% discount creates a direct, tangible utility for LOC, which is expected to incentivize active usage and [...]
Score 53

@LockTrip

2024-11-19 13:37
There are no plans at the moment for additional monetization options like allowing hotels to pay for ads in LOC. The focus right now is on stabilizing and refining the product. There are still significant UX and UI challenges, largely due to the comp[...]
Score 48

@LockTrip

2024-11-19 13:23
Currently, there are no plans to introduce additional savings for other cryptocurrencies. It is worth emphasizing that the increased utility for LOC also could reinforce the DAO to deploy LOC in joint liquidity pools with other tokens, and thus trans[...]
Score 48

@locktriploc

2024-11-19 15:51
👨‍👩‍👧‍👧 Join the LIVE LockTrip AMA:https://t.co/og4EvUwyX7
Score 43

@LockTrip

2024-11-19 14:57
Is a cex listing still possible within next year? If not, what would be needed to do so? Would it be at least possible to integrate at the end of booking process a link to changex where it would be (hopefully soon after migration) possible to buy cry[...]
7
Score 43

@LockTrip

2024-11-19 13:39
At this stage, implementing a lockup system or introducing buyable NFTs aren’t in the immediate plans. This is something we could revisit in a year or so, once we have more clarity on adoption and are confident the current strategy is heading in the [...]
Score 42

@LockTrip

2024-11-19 17:23
Nevertheless, I acknowledge that after 7 years of the project, we should be standing at a different stage in terms of organic business and overall as the number of bookings per day. We cannot definitely continue doing the same things and expecting di[...]
Score 40

@LockTrip

2024-11-19 16:19
I think the key takeaway here is that there’s a fixed geometry in the elements of just about any project with tokenomics. Let me break it down to clarify:1. **Average Community Member**Think of the average community member’s buying and holding capaci[...]
Score 40

@LockTrip

2024-11-19 14:11
LOC was sold as a utility token, designed to thrive on blockchain network effects driven by adoption and community growth. While there are no guarantees of token appreciation, the path to potential value, like with other projects, lies in growing the[...]
Score 40

@LockTrip

2024-11-19 14:01
Once a customer uses LOC tokens to book a holiday, the OTA will liquidate the tokens as needed to cover the travel expenses, either immediately or with a delay based on operational needs.The real focus is on giving the customer a great experience—one[...]
Score 40

@LockTrip

2024-11-19 13:47
The 8% discount creates a powerful networking effect through liquidity pools. Any token (let's call it TKN) can effectively access travel discounts by establishing a TKN:LOC liquidity pool. This creates interesting possibilities:- TKN holders can eas[...]
Score 40

@LockTrip

2024-11-19 13:29
The situations are fundamentally different. Let me explain why:LOC's journey is a testament to our unwavering commitment to disrupting travel, even as methods evolved. From multiple booking smart contracts pivots to the subsequent centralized OTA, fr[...]
Score 40

@LockTrip

2024-11-19 13:26
All bookings except for “Pay at hotel” are going to be eligible - including BNPL bookings.
Score 40

@LockTrip

2024-11-19 13:05
While the 8% discount will reduce margins on bookings paid with LOC, not all bookings on the platform will utilize LOC as a payment method. This leaves room for the OTA to maintain profitability through standard payment options and the bookings it ge[...]
Score 40

@LockTrip

2024-11-19 13:04
To qualify for the 8% LOC discount, a customer simply needs to select LOC as their preferred payment method during the booking process. The discount is automatically applied to the final price of their booking, making it a seamless experience for use[...]
Score 40

@LockTrip

2024-11-19 14:14
With all restructuring and optimization I think it is safe to say ~1.5 years of secured runway with a lot of steps being planned to further extend it. Improving the financial model is a key element of that plan.
Score 35

@LockTrip

2024-11-19 13:41
The enhanced utility may potentially create an interesting use case: LOC can become a strategic tool for travel planning. Instead of viewing it as a speculative asset, travelers can acquire LOC in advance to secure their annual travel discounts. Imag[...]
Score 35

@LockTrip

2024-11-19 13:51
**Question 3.2**__Do you plan to implement a user-friendly option to buy LOC within the mobile app or website? If not, how do you see wider LockTrip adoption to happen?__
Score 30

@LockTrip

2024-11-19 13:34
**Question 2.1**__Aside from an extra 3% are there more plans to increase utility? / Are there already other utility ideas on the table except the increase to 8% savings by LOC bookings?__
Score 30

@LockTrip

2024-11-19 13:00
We received plenty of questions from the community and plan to answer most, if not all of them as part of this AMA. If you feel that any of your questions were not answered, or you get new ones as part of this conversation, you will have the chance t[...]
Score 30

@LockTrip

2024-11-19 13:54
The current promoted flow is:Attention to discount -> Promote joining community -> Stimulate community onboarding and network effect -> convert visitor to LOC enthusiast -> adopt LOC according to own preferenceIt differs significantly fromFiat buyer [...]
Score 28

@LockTrip

2024-11-20 17:42
@nikolaalx Talking as a user and holder of LOC here. So I have both ""perspectives""A ""buy now and use now"" button on the website would be great for community members like me. This would require substantial liquidity available though.I use CC becau[...]
Score 27

@LockTrip

2024-11-19 15:53
The low hanging fruits are already captured… the most people who already own loc are still keeping this… I am sure… to get this 8% I personally will for sure not sell my actually loc holdings but buying new ones at that moment I need for bookings… an[...]
Score 27

LockTrip

$LOC

$0.196721

0.73%

What is LockTrip?

"Disrupting the Travel Industry 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. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. More than 2.1 Million Hotels & Properties LockTrip is working with the strong Read more

"Disrupting the Travel Industry 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. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. 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 our vast network of partners, we are not only fulfilling the needs of our customers, but also let the strongest brands compete with each other. Thanks to our unique reverse-auctioning model, customers will always be 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. Both Hotels & Flights are bookable from the same marketplace in a one-stop shop solution. About the LOC Token LockTrip's unique 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. Deflationary Model Contrary to most other tokens and coins, the LOC supply is not growing or remaining constant. 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. LockTrip is powered by the Hydra chain, which emerged through the combination of the best features of Bitcoin, Ethereum and Qtum chains. It thus presents cutting-edge technology with unique economic features."

What is LockTrip?

"Disrupting the Travel Industry LockTrip.com is a blockchain-based travel marketplace that allows u Read more

"Disrupting the Travel Industry 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. Choose among various payment methods such as credit card, popular cryptocurrencies and the native LOC token to bypass payment fees. 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 our vast network of partners, we are not only fulfilling the needs of our customers, but also let the strongest brands compete with each other. Thanks to our unique reverse-auctioning model, customers will always be 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. Both Hotels & Flights are bookable from the same marketplace in a one-stop shop solution. About the LOC Token LockTrip's unique 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. Deflationary Model Contrary to most other tokens and coins, the LOC supply is not growing or remaining constant. 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. LockTrip is powered by the Hydra chain, which emerged through the combination of the best features of Bitcoin, Ethereum and Qtum chains. It thus presents cutting-edge technology with unique economic features."

Website Twitter Telegram
Development 24 h 7 d 14 d 30 d
Price 0.73% 17.53% 18.85% 43.76%
Follower 0% 0.51% 0.48% 0.56%

Market Cap

$3.25M

Fully Diluted Valuation

$3.66M

Volume 24h

$644

All Time High Jun 27 2021

$11 98.27%

ATH Circulating Supply

$16.51M

Total Supply

$18.59M

Max Supply

$0.00

All Time Low Nov 13 2020

$0.00 5650%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@LockTripLOC
#2017 22,799 7.67 1.96
Telegram
@LockTrip
#2203 3,192 49.50 11
Coingecko
@LockTrip (LOC)
#2028 2,458

Community Score

Platform:
All Platforms Twitter Telegram Coingecko
E 20
Follower
28,449 (#2065)
0.51% 7D
Activity
18/100
23% 7D
Sentiment
Positive
Follower
3,192 (#2203)
3.56% 7D
Activity
35/100
23% 7D
Sentiment
Positive
Follower
2,458 (#2028)
0% 7D
Activity
18/100
23% 7D
Sentiment
Positive

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

@LockTrip

2024-11-19 13:00
👋 Hello and welcome everyone to this special AMA session about the updated LOC economy! First of all we want to thank you for being patient over the past 24 hours, which will allow for a more structured format.
Score 100

@LockTrip

2024-11-19 15:07
CEX listings usually require a certain market cap and community size. With the current position it is unlikely for a relevant exchange to agree to a listing.The ones who would agree will be worthless, since it means anyone can list there 😄So the plau[...]
Score 80

@LockTrip

2024-11-19 13:16
The assumption that the new model will be slower, should be** grounded in reality** and **challenged by looking at the actual price chart of LOC**. We are largely having this discussion because of it.LOC has fallen continuously over the last years, w[...]
Score 80

@LockTrip

2024-11-20 13:10
Here is a post about the AMA from my personal account https://x.com/mshocair/status/1859221563611951249
Score 67

@LockTrip

2024-11-19 17:57
I want to express my heartfelt gratitude to the community for the loyalty and support. I am really excited about the next chapter of LOC.
Score 67

@LockTrip

2024-11-19 14:20
Thank you Nikola! That concludes the official AMA session, but we will be around for further questions and discussions, of course! Please give us a few minutes to refresh ourselves before going into the interactive part of the program 🙏We will be bac[...]
Score 67

@LockTrip

2024-11-19 13:50
At present LOC is traded on Uniswap as well as Hydradex. Uniswap is the most widely accessible DeFi platform in the world. The community can assist members who need support for acquiring LOC
Score 67

@LockTrip

2024-11-19 13:02
Since there is a lot to go through, I will try to keep the questions structured and won't add too many comments in-between. With that, let's get started!
Score 67

@LockTrip

2024-11-19 12:00
**💬 The AMA kicks off in just 1 hour! Grab your coffee, find a cozy spot, and get ready to join the conversation 👌☕️**
Score 67

@LockTrip

2024-11-19 14:05
The NFT Matrix will be pivot N4 to build a decentralized system. We've faced challenges with the originally selected service provider due to their struggles with legacy Hydra infrastructure and insufficient engagement. However, there's a silver linin[...]
Score 53

@LockTrip

2024-11-19 13:53
LockTrip.com operates as a travel agency and cannot directly promote or facilitate cryptocurrency conversions on its own due to compliance risks. Implementing a one-click LOC purchase option would effectively create a backend process that completely [...]
Score 53

@LockTrip

2024-11-19 13:43
No - LOC remains inherently deflationary through its fixed supply, which has already been reduced to less than 10M tokens. In fact, there's a silver lining to the challenges we faced: the recent restructuring enabled us to reduce the supply by more t[...]
Score 53

@LockTrip

2024-11-19 13:35
The 2M+ hotels with unmatched pricing remain the cornerstone of LOC’s utility for now. At the same time, we need to ensure the OTA stays in good shape, as it’s the backbone of this utility. Asking more from the OTA isn’t practical—it’s already doing [...]
Score 53

@LockTrip

2024-11-19 13:32
It starts with a fundamental shift in perspective. Previously, we didn't focus enough on LOC's actual utilization, which in retrospect meant we weren't emphasizing its distinct purpose in the crypto space. The first crucial milestone would be seeing [...]
Score 53

@LockTrip

2024-11-19 13:21
We cannot provide financial advice, as each individual should decide based on their own risk tolerance and strategy. Our primary focus is to ensure that LOC serves as a practical tool for reducing travel expenses. By offering an 8% discount on the va[...]
Score 53

@LockTrip

2024-11-19 13:13
While the velocity topic remains a hypothetical consideration, the real mistake of the past was disregarding the potential of users who might buy, hold, and use LOC for its utility. By offering tangible benefits like the 8% discount, we aim to attrac[...]
Score 53

@LockTrip

2024-11-19 13:10
LOC’s token economy could benefit from broader adoption and increased recognition of its utility. The 8% discount creates a clear use case to attract travelers and encourage growth in user numbers.The previous burn model offered no exposure to new us[...]
Score 53

@LockTrip

2024-11-19 13:08
The price of LOC, like any asset, will ultimately be determined by market forces, including supply and demand dynamics. The introduction of the 8% discount creates a direct, tangible utility for LOC, which is expected to incentivize active usage and [...]
Score 53

@LockTrip

2024-11-19 13:37
There are no plans at the moment for additional monetization options like allowing hotels to pay for ads in LOC. The focus right now is on stabilizing and refining the product. There are still significant UX and UI challenges, largely due to the comp[...]
Score 48

@LockTrip

2024-11-19 13:23
Currently, there are no plans to introduce additional savings for other cryptocurrencies. It is worth emphasizing that the increased utility for LOC also could reinforce the DAO to deploy LOC in joint liquidity pools with other tokens, and thus trans[...]
Score 48

@locktriploc

2024-11-19 15:51
👨‍👩‍👧‍👧 Join the LIVE LockTrip AMA:https://t.co/og4EvUwyX7
Score 43

@LockTrip

2024-11-19 14:57
Is a cex listing still possible within next year? If not, what would be needed to do so? Would it be at least possible to integrate at the end of booking process a link to changex where it would be (hopefully soon after migration) possible to buy cry[...]
7
Score 43

@LockTrip

2024-11-19 13:39
At this stage, implementing a lockup system or introducing buyable NFTs aren’t in the immediate plans. This is something we could revisit in a year or so, once we have more clarity on adoption and are confident the current strategy is heading in the [...]
Score 42

@LockTrip

2024-11-19 17:23
Nevertheless, I acknowledge that after 7 years of the project, we should be standing at a different stage in terms of organic business and overall as the number of bookings per day. We cannot definitely continue doing the same things and expecting di[...]
Score 40

@LockTrip

2024-11-19 16:19
I think the key takeaway here is that there’s a fixed geometry in the elements of just about any project with tokenomics. Let me break it down to clarify:1. **Average Community Member**Think of the average community member’s buying and holding capaci[...]
Score 40

@LockTrip

2024-11-19 14:11
LOC was sold as a utility token, designed to thrive on blockchain network effects driven by adoption and community growth. While there are no guarantees of token appreciation, the path to potential value, like with other projects, lies in growing the[...]
Score 40

@LockTrip

2024-11-19 14:01
Once a customer uses LOC tokens to book a holiday, the OTA will liquidate the tokens as needed to cover the travel expenses, either immediately or with a delay based on operational needs.The real focus is on giving the customer a great experience—one[...]
Score 40

@LockTrip

2024-11-19 13:47
The 8% discount creates a powerful networking effect through liquidity pools. Any token (let's call it TKN) can effectively access travel discounts by establishing a TKN:LOC liquidity pool. This creates interesting possibilities:- TKN holders can eas[...]
Score 40

@LockTrip

2024-11-19 13:29
The situations are fundamentally different. Let me explain why:LOC's journey is a testament to our unwavering commitment to disrupting travel, even as methods evolved. From multiple booking smart contracts pivots to the subsequent centralized OTA, fr[...]
Score 40

@LockTrip

2024-11-19 13:26
All bookings except for “Pay at hotel” are going to be eligible - including BNPL bookings.
Score 40

@LockTrip

2024-11-19 13:05
While the 8% discount will reduce margins on bookings paid with LOC, not all bookings on the platform will utilize LOC as a payment method. This leaves room for the OTA to maintain profitability through standard payment options and the bookings it ge[...]
Score 40

@LockTrip

2024-11-19 13:04
To qualify for the 8% LOC discount, a customer simply needs to select LOC as their preferred payment method during the booking process. The discount is automatically applied to the final price of their booking, making it a seamless experience for use[...]
Score 40

@LockTrip

2024-11-19 14:14
With all restructuring and optimization I think it is safe to say ~1.5 years of secured runway with a lot of steps being planned to further extend it. Improving the financial model is a key element of that plan.
Score 35

@LockTrip

2024-11-19 13:41
The enhanced utility may potentially create an interesting use case: LOC can become a strategic tool for travel planning. Instead of viewing it as a speculative asset, travelers can acquire LOC in advance to secure their annual travel discounts. Imag[...]
Score 35

@LockTrip

2024-11-19 13:51
**Question 3.2**__Do you plan to implement a user-friendly option to buy LOC within the mobile app or website? If not, how do you see wider LockTrip adoption to happen?__
Score 30

@LockTrip

2024-11-19 13:34
**Question 2.1**__Aside from an extra 3% are there more plans to increase utility? / Are there already other utility ideas on the table except the increase to 8% savings by LOC bookings?__
Score 30

@LockTrip

2024-11-19 13:00
We received plenty of questions from the community and plan to answer most, if not all of them as part of this AMA. If you feel that any of your questions were not answered, or you get new ones as part of this conversation, you will have the chance t[...]
Score 30

@LockTrip

2024-11-19 13:54
The current promoted flow is:Attention to discount -> Promote joining community -> Stimulate community onboarding and network effect -> convert visitor to LOC enthusiast -> adopt LOC according to own preferenceIt differs significantly fromFiat buyer [...]
Score 28

@LockTrip

2024-11-20 17:42
@nikolaalx Talking as a user and holder of LOC here. So I have both ""perspectives""A ""buy now and use now"" button on the website would be great for community members like me. This would require substantial liquidity available though.I use CC becau[...]
Score 27

@LockTrip

2024-11-19 15:53
The low hanging fruits are already captured… the most people who already own loc are still keeping this… I am sure… to get this 8% I personally will for sure not sell my actually loc holdings but buying new ones at that moment I need for bookings… an[...]
Score 27


Coins to Watch

JUNO
JUNO
Price $0.313117 +7.44% CD-Score 42/100
LEO
LEO
Price $0.000501 +11.14% CD-Score 41/100
MAYO
Mr Mayonnaise the Cat
Price $0.001282 -6.79% CD-Score 37/100

Coins to Watch

JUNO
JUNO
Price $0.313117 +7.44% CD-Score 42/100
LEO
LEO
Price $0.000501 +11.14% CD-Score 41/100
MAYO
Mr Mayonnaise the Cat
Price $0.001282 -6.79% CD-Score 37/100