Neutral LockTrip opinions

LockTrip
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So far,1 of opinions have been recorded for LockTrip. These opinions are not investment recommendations but the community's perspective on LockTrip. Please do not make a purchase decision based on these LockTrip opinions.

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LockTrip opinion #1

Neutral opinion by Anonymous on 29.11.2020 3 of 5

The LockTrip (LOC) Blockchain was created to provide a platform for hoteliers and holiday homes. In concrete terms, the aim is to simplify and fight against Airbnb, TUI, Bookin.comm and other hotel booking portals which are discouraging excessive commissions. The platform should give holidaymakers the possibility to book rooms directly and at traceable costs without the need for a security through a tourism portal. Users can book over 100,000 different hotels and even pay directly with the LOC token.
Another interesting aspect is the artificial shortage of tokens with a maximum number of only 18 million LOC.
I find the motivation of the project praiseworthy, as the block chain can create more transparency and decentralisation in the tourism industry.
Unfortunately, despite its great ambitions, this project has not really taken off and the market capitalisation is only just under $2 million. At the moment the price is rising, but this is more due to the ERC-20 and the DeFi hype.