Project Update: May 2019 – The next steps

Project Update: May 2019 – The next steps

Company, Progress, Tourism, Website
The team encourages all holders and supports of Tratok to carefully read this update as it provides vital insights into the project, many of which have deadlines. These include promotion programs to the tune of 14 billion Tratok (14,000,000,000 TRAT), which as of the time of writing has a market value of  $2.55 million (USD). This month has seen the hiring and deployment of our KYC and Business Support teams finalized as management prepares to list the first UAE based properties on Tratok and verify our first travellers. It has been a challenging road, but as we draw closer to the day when Tratok Ltd can provide a world disrupting service, it is rewarding to see how much has been achieved. So many self-proclaimed experts claimed it was unachievable and…
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Project Update March 2019

Project Update March 2019

Company, Progress, Tourism, Website
An open letter to the community from Custodian and Senior Advisor Mohammed Altajir As we approach the end of our social promotion program, I wanted to take the time to write to those of you who were a part of our airdrops in November 2018 and social program commenced distribution on 20th March 2019. Since inception Tratok has come a long way, despite the efforts of many tried to harm the project. Despite this, we persevered and without the public funding of an ICO not only got the platform developed but also got Tratok listed in several exchanges and increased in value.   We did this overcoming: A massive amount of fraudsters seeking to scam the project. Sabotage from corrupt elements of the blockchain community. (For example, the corrupt team at…
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Tratok lists on Hotbit Exchange.

Tratok lists on Hotbit Exchange.

Company, Progress, Tourism, Website
As part of the Tratok team's strategy to ensure widespread public access to the Tratok travel token (TRAT), we are delighted to announce that Hotbit, a TOP 40 exchange as ranked by CoinGecko have agreed to list TRAT on their platform. The team is in advanced negotiations with eight other larger exchanges and hopes to announce new partnerships in the near future.
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2019 – Tratok’s goals for the year ahead.

2019 – Tratok’s goals for the year ahead.

Company, Progress, Tourism, Website
At Tratok, we like to be fully transparent and inform everyone supporting our project about our milestones, goals and ambitions. Despite our already ambitious roadmaps, the team has constantly found itself ahead of schedule and takes pride in pushing the limits and boundaries. We are delighted to be one of only a handful of non-ICO funded startups that has delivered a product and use cases which fixes problems and can benefit the world. This is what distinguishes Tratok Ltd from the thousands of embarrassments to the industry that thus far have only delivered empty promises. Below, we present to the public our roadmap and goals for the year ahead. As always, we will do our best to continue to deliver over and beyond what is expected and go the extra…
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Updates, the next steps and a treasure hunt? We summarize it all.

Updates, the next steps and a treasure hunt? We summarize it all.

Company, Progress, Tourism, Website
As we approach the final month of 2018, the team wanted to share a brief summary of the progress seen in the second half of the year and highlight the challenges that remain in front of us. The Tratok Project has always had the policy of leveraging blockchain technology to address the real problems in the travel and tourism sector. Unlike other projects who wished to capitalize on hype, we devoted ourselves to delivery of a working product. We didn’t raise millions from the public in an ICO to only turn into sloths and show anaemic progress, we left that to the opportunity exploiters. Instead, we have been busy: There has been progress: The smart contract was revised, audited a second time and enhanced. The white paper has been updated.…
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We have a winner! The results of Tratok Ltd’s competition are in.

We have a winner! The results of Tratok Ltd’s competition are in.

Company, Progress, Tourism
Two weeks ago, we announced a competition to the community in the third edition of our newsletter: Tratok Ltd is launching a 410,000 TRAT prize competition over the next week. To participate is very easy. Write to inspirations@tratok.net telling us where would be your favourite holiday destination to visit using Tratok and why. Please do not forget to include your wallet address in your response. The team will review the responses and vote for their favourites. The top 10 will be featured on Tratok.com and will receive prizes as follows: 200,000 TRAT 100,000 TRAT 50,000 TRAT 25,000 TRAT 10,000 TRAT 5,000 TRAT 5,000 TRAT 5,000 TRAT 5,000 TRAT 5,000 TRAT The team received a total of 912 entrants to the competition and it was honestly a daunting task to select the best.…
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International Tourist Arrivals: 8th consecutive year of robust growth

International Tourist Arrivals: 8th consecutive year of robust growth

Tourism
International tourist arrivals recorded the highest increase in seven years since 2010, some 84 million more than in 2016, reaching 1.3bn last year, up by 6.8% y/y and well above UN’s World Tourism Organization long-term forecast of 3.8% per year for the 2010-2020 period. Sustained travel demand for destinations across all world regions was evident in 2017 with the strong recovery of outbound demand from Brazil and Russia after few years of decline and the ongoing rise of India, also contributing to inbound growth in many destinations. By region, Africa and Europe grew above average at 8.7% and 8.2% y/y growth, respectively. By sub-region, North Africa and Southern and Mediterranean Europe led results in 2017, reflecting firm demand for Mediterranean destinations. Similarly, real international tourism receipts or in better words,…
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