Hello crypto lovers,welcome back to our exciting and expository series on the crypto ecosysytem. Series 5, will deliberate on a coin setting the pace in travel and tourism,the first Decentralized Social Travel coin - PALLY COIN
PALLY COIN - THE GENESIS
Pally is the world's first travel experience ecosystem powered by smart-contract technology.Running on the Ethereum blockchain, the convertible ERC20 based PallyCoin will be used as a payment token within the network as travelers interact with local guides.
Pally coin involves a synergy of store which connects travelers with like-minded locals in new cities,Pally Adventures, a community marketplace where visitors can immerse themselves in new cities through unique experiences,Pally Social, an iOS application that has been available in the Apple App Store since April 2017 in public beta.Users who introduce new hosts into the Pally system earn coins as a function of the popularity of the hosts they referred
FOUNDERS - BRAINCHILD
Oliver Andersen - Co-Founder and CEO
With years of FinTech, digitalisation and technology consulting experience as well as an academic background in Behaviourism and Information Technology at world leading universities, he brings a determined mindset, a hard-working attitude and a multicultural understanding to Pally.
Afiola Etomi - Co-Founder and COO
Over the last two years, Afiola has delivered multi-million pound innovation projects leveraging cloud solutions at various large companies. After leaving Durham University, he worked in business development for an Impact Investment start-up in West Africa, raising over $2M in crowd and equity funding.
Dario Ceccoli - CTO
Dario oversees Pally’s product development and software engineering. His 17 years of programming experience have taken him from public sector programming roles in Italy to Android mobile development in Japan
ICO - TOKENS SALES
Twenty million PAL tokens will be allocated from the 100 million premined tokens for rewards, with another 20 million being retained by the team. The balance of tokens is sold during the pre-ICO and ICO, with no new coins to be emitted afterwards. Pally has a reward engine that will allocate extra coins to the most active chat users and most highly rated local guides on a semiannual basis.
PLATFORM - ETHER
Pre-Launch Offering (August 25th 2017)
Pre-sale round already started on the 25th August 2017and will be available for 21 days ,with have 10 million PAL tokens for sale. The cap will be at $250,000 with the price per 1 PAL being $0.025
Official ICO round will have 50 million PAL tokens for sale, with
the cap for the ICO having been set to $3,750,000. The price-points
through the coin offering will be:
Week 1: 1 PAL = $0.075
Week 2: 1 PAL = $0.080
Week 3: 1 PAL = $0.090
Week 4: 1 PAL = $0.100
The ICO Token Launch will be available for 28 days in October and
November 2017 or until the cap is reached
VANTAGE FEATURES
Pally Social enables travelers who are visiting new cities to connect with locals of the given city, as well as with other travelers who are exploring the same place. Thus far, Pally Social has received significant public attention with a rapidly growing community of over 25,000 who engage across digital channels. Pally has also received valuable support from high-profile advisors within the travel, technology and financial services spaces.
The decentralisation of Pally’s platform will be introduced in a private environment alpha in late Q4 2017, allowing users to earn and exchange PallyCoins (PAL) by connecting, chatting and meeting up with each other. This incentivises local-visitor connections, bringing people together across borders in an age of growing isolationism. PallyCoins will also be used by members of the community to pay their local experience hosts for the Adventures they take part in when they travel.
The Pally Adventures marketplace is changing the way Millennials explore new cities on a budget. Experiences are hosted by a selection of local hosts with interesting passions in the city they host their experience and who enjoy meeting new people. Visitors are able to access these experiences through Progressive Web Application and can exchange and pay with PAL tokens. Users will be able to exchange PAL tokens directly within the Pally ecosystem via internally built exchange service, enabling fiat currency to be converted into PAL.
Locals will earn Pallycoins while sharing the favorite elements of their cities with travelers or helping visitors plan their travels by chatting with them within the Pally app. Pally argues that its use of blockchain technology will allow fees to be lower and for more of the fees to remain in the hands of hosts, compared to similar programs hosted by leading commercial travel sites such as Airbnb.
Pally will also allow young people to supplement their earnings by sharing their local knowledge–many of the most popular tourist destinations in Europe also have some of the highest instances of youth unemployment–while promoting interaction between travellers and locals.Pally intends to integrate Ethereum in order to ease the introduction to cryptocurrencies by allowing users to interact with and send payment to names rather than hexadecimal addresses.
Whether users take pleasure in playing tennis or eating the best ramen burgers in street markets, Pally will enable its community to do the things they enjoy with exciting local people in some of the world’s most visited cities – starting off in London and rolling out globally throughout 2018.
Further Resource -
Website - https://www.pally.co
Whitepaper - http://docs.wixstatic.com/ugd/2e67e5_f5297c6625a447d89e8606c3315ead24.pdf
Contact - info@pallyapp.co
Finally your comments,suggestions and analysis are always welcome,If you missed my previous series here are the links -
SERIES 1 - https://steemit.com/cryptocurrency/@detycoon/the-crypto-n-you-series-1-eos-an-x-ray
SERIES 2 - https://steemit.com/neo/@detycoon/the-crypto-n-you-series-2-neo-china-s-battle-axe
SERIES 3 - https://steemit.com/socialcoin/@detycoon/the-crypto-n-you-series-3-nexus-social-rivals-steemit
To Your Trading Success........................
