KeyoCoin Launches Travel Challenge in 100 Cities
KeyoCoin, a blockchain project for the travel industry has launched 1000 challenges in 100 cities. It will pay participants using crypto. Travel is not free, but you could offset the cost of your next airline ticket using crypto. With this project, it will be possible to earn KeyoCoin tokens before the project officially launches next year.
There are a wide array of challenges that will take travelers to some of the most famous landmarks on earth. The project will create vast amounts of content for this platform, which it will publish on its social media channels. The viral content could be used as a secret sauce for the marketing plan for this concierge and travel rewards app.
While you might not have enough to cover the cost of travel, you could be at a pristine location, and you could get people involved. This platform will pay users for content, which is in line with the principles of the blockchain.
Some of the Challenges:
Los Angeles, CA – Challenge someone on Muscle Beach to a push-up contest and film it.
Cancun, Mexico – Visit the Tulum Ruins and wear an Indiana Jones hat as you film you cinematic exploration
Las Vegas, NV – Sing the Viva Las Vegas while standing in front of the Welcome to Las Vegas Sign and film it
Hong Kong – Find the statue of Bruce Lee, pose as if you are ready to take him and take a picture
Johannesburg, South Africa – Go to the Apartheid Museum and record a 30-review while standing outside
London, England – Pour a perfect pint of Guinness and film it
Participants will be able to earn tokens before the launch of the project next year. These tokens can be spent in about 12,000 tours, hotels, activities, and experiences. This reward and travel concierge app is available for download. It remains to be known if the coin will be a utility coin or it will capture the attention of a larger market.
What the CEO of KeyoCoin Had to Say
According to Matt Baer, the CEO of KeyoCoin, he claims that this marketplace would reward people when they book. However, this travel challenges would give people numerous chances to earn crypto without the need to make purchases. He added that independent travel business would be able to give something to the model guests, those who spend time giving a review.
The Community System Could Work
This is a novel concept will place travelers closer to the accommodation providers. In fact, it will reward them for their loyalty. It could be in the form of discounts or rewards for leaving a review that helps others make informed choices.
The models work on the concept level. Despite this, the challenge with any reward system is the network of participating partners. They can make or break the platform. This will make a world of difference to the valuation of the company.
KeyoCoin Has Some Solid Partners
KeyoCoin says that have some solid tech partners working with them include Western Union, IGN, Live Nation, Hyperloop, and Oracle. The next step is to add major hotel chains, travel sites, and other components of the travel sector.