Do You Know What's Travelflex?
Travelflex - At this time I would tell you more about Travelflex and everything that's related to Travelflex. Now keep read slowly and remember all of that. Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related. It's not just traveling, it's solutions to the travel industry.
Travelflex is derived from the Travelflex credit score card that humans could use at any ATM inside the world or online business that accepts credit cards. Travelflex can also function an escrow carrier. Furthermore, mining Travelflex coins (TRF) might be ASICS resistant and may be mined with GPU. In the close to future, it could be mined with a cellular utility.
The tour enterprise is one thousand billion greenback enterprise, which bills for over 10% of the employment global. The enterprise is developing progressively each year. Due to technology, touring has been made less difficult and we are able to travel similarly in much less time. However, financially things could be made easier and more comfortable. The Travelflex coin will help to change the tour industry.
Why Need Travelflex?
If you want to pay using Travelflex, you can be sure your payment would be made very secure, and without maximum fees. Travelflex is reintroducing the modern shape of the best old traveler's cheques, that has been a trusted, and at ease charge choice for humans around the world since 1891.
With Travelflex, it does not just want to replace the way you travel, Travelflex also wanna help others, and the environment. This is why Travelflex has set up wallets for various charities. When you mine coins of Travelflex through the mobile application or just using your mining rig, you would get to choose a charity you wanna donate 2% of the Travelflex coins too.
How Travelflex Mining?
Travelflex could be mining with a mobile application. The mining utility with mobile will have social capabilities, like a talk characteristic, a friend list, and it has a NFC (Near Field Communication) characteristic, which helps you to see other Travelflex users around you. Those capabilities may be switched off when you do not like to socialize with others.
For every new coin created with the aid of mining, a portion of cash may be donated to a charity of the miner’s desire. In the upcoming ICO (starting December 14th, 2017) we are able to offer 95,000,000 Travelflex coins for purchase with a beginning fee of US$0.28 and 5,000,000 coins are allocated to the bounty program.
Features of Mobile Application
Features of Mobile Application
|Initial Coin Offering (ICO)|
The Travelflex ICO crowd sale will be launched on December 14th, 2017. Check the Travelflex website at travelflex.org for the latest information. The ICO will feature 95,000,000 coins for sale and 5,000,000 coins will be reserved for the bounty program, If coins are not sold they will be burned with proof of burn after the ICO.
The founders will hold zero pre-mined coins. This is fair and may give purchasers confidence that there is no “pump and dump” going to happen by the founders. This is also why we do not hold a pre-sale. We do not want people to hold cheap coins, just to sell them right after the ICO. There will be no coin flipping at Travelflex.
On the script algorithm, 100% of the block reward goes to the miners. This even gives the founders more incentive to finish the new algorithm in time. Travelflex has decided to go with a 4-year founder’s reward model, based on the Zcash model (https://z.cash/blog/funding.html). After the ICO ends, the mining will start. 90% of the newly mined coins will go to the miners, 8% to the founders and 2% to charity. At first, there will be 1 block of 0.5 TRF per second mined.
Video Travelflex ICO
Key Features of Travelflex
- Super-fast transactions worldwide and a proper block size (0.5 TRF per second);
- Physical Travelflex card (usable as a credit/ATM card);
- Mobile nodes to keep the network decentralized and faster.
- Direct, 100% secure and decentralized chat from wallet to wallet (peer to peer);
- Connect to your favorite social media and add your friends to your friendlist;
- Near Field Communication (NFC) to see who uses Travelflex around you.
- A true ASIC resistant decentralized mining Proof-of-Work (POW) coin. GPU mining;
- Escrow service over the network;
- Giving back to charities through mining;
- 24/7 support;
- Modern printable Travelflex cheques.
Travelflex Market Position
VISA can handle on average around 1,700 transactions per second (tps), call it a daily peak rate of 4,000 tps. PayPal, in contrast, handled around 10 million transactions per day for an average of 115 tps in late 2014. Today the Bitcoin network is restricted to a sustained rate of 7 tps due to the bitcoin protocol restricting block sizes to 1MB.
Recently with improvements, let’s imagine the blocksize doubled to 2MB, so the rate also doubled to 14 tps.
Bitcoin – 3 to 4 transactions per second for 1MB, 6 to 8 tps for 2MB (Cost= 2-10 USD+) for 1MB
Ethereum – 20 transactions per second (Cost= 0.01-0.1 USD+)
Paypal – 193 transactions per second average
Iota 500 to 800 transactions per second on average
Travelflex (TRF) – 1200 to 1400 transactions per second and this will get faster with more users. Cost of fees is zero!
In The Media
|Travelflex in the media|
Roadmap of Travelflex
4th Quarter of 2016
The initial idea popped up in the visionary mind of the founder of the company. The creation of a new cryptocurrency, and related secured services, both dedicated to the travel industry imposed itself as a disruptive and haunting idea.
1st Quarter of 2017
2 cryptocurrency enthusiasts joined the founder and set up the original team behind the concept and TRF coins. The map to make it real was designed and the team started to work hard on it.
2nd Quarter of 2017
A starting team was gathered around the project and the full concept defined. Experts started to develop a beta version of our mobile mining
application on both Android and IOS platforms following the founders’ map of development. Testing of the chat was complete and all worked successfully.
3rd Quarter of 2017
The decision to have the company in Hong Kong was made, to be in the heart of the most dynamic markets in Asia-Pacific and to secure legal matters and financial transactions. Our logo and trademark were also registered.
4th Quarter of 2017
Initial Coin Offering and final testing of the beta version of our mobile mining application are complete. The live chat team is ready to answer all your questions.
December 14th, 2017 until January 12th, 2018
Worldwide launching of the Travelflex ICO, the target to reach has been set to US$28 million. Purchasers are invited to join our ICO and benefit from unique conditions. The ICO will be closed on the January 12th, 2018. 95,000,000 coins are for sale during the ICO and 5,000,000 coins are reserved for the bounty program. All unsold coins will be burned after the ICO and no coins are held by the founders.
1st Quarter 2018
Mining can start and coins will be created. TRF coins will be converted to TRF coins. Additional services will be developed such as the Travelflex wallet, the Travelflex cheques, and Travelflex cards. Our team will work hard to get TRF listed on all major exchanges for trading purposes. All legal aspects are undertaken to sign with our partners for making the Travelflex card a reality.
2nd Quarter 2018
Printable cheques will be available. Development of partnerships with leaders in the travel industries
to allow the Travelflex community to use TRF currency in their usual transactions through booking services, airlines companies, and hotels chains.
3rd Quarter 2018
The physical Travelflex credit cards will be released and usable at ATMs. Loyalty programs will be developed with travel industry leaders. Partnerships with GDS industries will be initiated to allow more users to benefit from the Travelflex unique services.
4th Quarter 2018
A merge will be conducted and TRF will switch to a new algorithm that will give the coin great scalability potential and super-fast transaction times. All old TRF coins will be burned, converted in the new, and final design.
1st Quarter 2019
Travelflex continues to develop new relations with partners in the industry to give the coin more acceptance and use for the holders. The live chat team is still there for helping out when needed.
2nd Quarter 2019
The team will keep working on the existing applications. New ideas may have been born and in development. By this time, the cryptocurrency industry may become regulated and Travelflex is prepared with funds and lawyers, if necessary, to keep TRF 100% functional within the existing regulations. This holds the same for if special requirements are needed before this time.
You Need to Work with Travelflex
Travelflex is a growing business with employees all around the world. We need driven people who love a good challenge. If you would like to apply, please send your information (motivation, and CV in PDF or doc format) to firstname.lastname@example.org.
If we think you could be a great asset to our team, we will get back to you. Right now we are still actively looking for the following:
Do You Want to Win A Trip?
Travelflex would be freely giving five holidays packages, and one cruise ride around the globe to become members of the Travelflex ICO. You do no longer have to apply, you would automatically compete for any of these holidays.
How does it work? It’s easy, all TRF coins have a unique quantity, and all six vacations would be linked to one precise quantity. If you personal the TRF coin with the specific number connected to the holiday, you may win the vacation. You do not need to do everything (except, maybe ask your boss for some time off work). You would be able to win any of those following holidays:
Win one of the five 10-day trips to:
- Bora Bora
Win a 112-days unforgettable trip around the world in a luxurious cruise ship for 2 persons!
Join With Travelflex Official
Create account: http://wallet.travelflex.org/index.php
Bitcointalk Bounty Thread: https://bitcointalk.org/index.php?topic=2547636.0
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