Investing in TravelX
Investing in TravelX
Big problem If you ever had to change a plane ticket you will probably agree that it is a painful experience. Travelers cannot transfer their tickets. It is ridiculously expensive to make changes or cancellations and the pricing policy is unclear. On top of that, Covid-19 has heavily impacted the travel industry and […]
If you ever had to change a plane ticket you will probably agree that it is a painful experience.
Travelers cannot transfer their tickets. It is ridiculously expensive to make changes or cancellations and the pricing policy is unclear. On top of that, Covid-19 has heavily impacted the travel industry and all its players, making it apparent that it is time to improve the current system and the user experience.
TravelX was created to solve this huge problem. They are building a blockchain-based distribution protocol for a secure, frictionless, efficient, and profitable Travel Industry.
TravelX technology allows airlines to tokenize their inventory in NFTs (non-fungible tokens) generating a more efficient distribution system by reducing costs, improving profitability, and allowing new distribution channels and use cases. “NFTickets” can be exchanged, transferred, or sold without cost or limitation. Reimbursements and changes are immediate and ruled by Smart Contracts.
They have deep experience, validation, and network in the Travel and Tech Industry.
Juan Pablo Lafosse is a serial entrepreneur, who founded ASATEJ and Almundo, one of the largest online travel companies in Latam reaching almost $500M in GMV. He recently sold the company to CVC Corporation. He also founded two hospitality companies and has been CCO of Argentina´s main airline.
Facundo Diaz is a former Deutsche Bank Investment Banker and Director at Accenture (15+ years as a tech consultant for Global 500 companies). He is also a “Silicon Valley” entrepreneur (VR / Blockchain) with 2 successful exits. Founder of Reality Code, a pioneer company in the use of NFTs for digital assets protection and management. He was identified as “one of the 5 global minds that are revolutionizing the audio tech” (Mashable 2016) and one of the #100 US most innovative Startup CEOs in 2015 by Inc.
@JuanPLafosse CEO of TravelX. “The industry response has been remarkably positive. Web3 will change travel and we are happy to be enabling this transformation.”
Become Travel Industry’s new distribution platform that connects travelers, travel suppliers, travel agencies, corporations, and other stakeholders represents today a $30B Opportunity.
According to research reports, the total available market (TAM) for the travel industry is approximately $6T.
A big problem, a bold solution, a group of exceptional founders, and a huge market.