Decentralizing the booking & leisure industry with blockchain
Book commission free & get paybacks
Swapping is a decentralized marketplace for online bookings, places to stay and things to do, offering accommodations, F&B, activities and more, all powered by local hoteliers, hosts or service providers. Swapping does not charge commissions, we use smart contracts for P2P transactions, which will increase profit margins up to 50% for hospitality entrepreneurs or service providers, letting them keep 100% of their rental or service income. The community will profit from better prices & services, token paybacks and in-app features such as planing a trip or activity with friends and sharing their experiences. Swapping is all about connecting people, community and trust around the world.
Over 90% of the online booking sites are controlled by Booking Holdings & Expedia. Such OTA‘s charge 15-50% commissions of the booking price. Add bank, credit card & currency exchange fees to it and you can end up paying over half of your expenses to middleman.
Consumers don‘t have data access such as availabilities, they rely on trust which is often abused by scarcity and urgency tactics to increase sales. Afterwards the personal data of travelers is distributed and stored unencrypted among several agencies susceptible to security leaks.
Every booking or purchase will be redeemed with Swapping token paybacks.
First Draft of the concept
Developing White Paper
Pre-sale / IEO Preparation & Swapping (SPG) Token Genesis
Start of DApp Development
Swapping DApp Launch
Debit Card & ongoing development