The Tratok Project comes one step closer to connecting the world

The Tratok Project comes one step closer to connecting the world

Company, Progress
The Tratok Project’s first airdrop scheduled for October 1st 2018 has been successfully completed More than 658 million Tratok was airdropped to 6986 registered wallets in this milestone achievement for the project. This gives each new holder an average of just over 94148 Tratok Tokens. The benefits of conducting operations in this way are that it allows early supporters of the project and community members to be rewarded sufficiently for their embracement and backing of Tratok, while at the same time leaving sufficient tokens to ensure widespread adoption over the medium term. This ensures stable release onto the market which will prevent initial oversupply and ensure gradual widespread adoption. In addition, it prevents early adopters hoarding the supply and manipulating the price which would be detrimental to the long-term development…
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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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Unethical market practices cause a change in Tratok’s distribution philosophy

Unethical market practices cause a change in Tratok’s distribution philosophy

Progress
The Tratok project exists to make travel more accessible. The project aims to address shortcomings in the industry by leveraging blockchain technology to eliminate fraud, hidden transaction costs, excessive commissions from financial service providers and online middle mean, and ensure a transparent marketplace with fast booking times and efficient approaches to amendments and refunds. The world-renowned team behind the project believe in the power of blockchain technology to revolutionise the existing sector models and have demonstrated that they can increase service provider profitability by more than 30% while at the same time resulting in lower costs for consumers. However, the same feasibility studies also demonstrated that in order to impact the industry with the desired effect, widespread adoption of the token was required. It was under this philosophy that the…
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The public asks, “Why do Tratok do things differently?” The reason? Tratok wants to succeed.

The public asks, “Why do Tratok do things differently?” The reason? Tratok wants to succeed.

Company, Progress
The vision behind the Tratok token has always been to make travel and tourism more cost-effective, transparent, free of fraud and fairer to all relevant stakeholders. This mission has always been taken into consideration throughout every step of the project’s life and remains the central core principle of the Tratok team. Throughout the requirements capture, team assembly, formulation and realization of the project’s strategy, the integrity of this core value has been the primary focus. The directors and developers at Tratok believe in the ability to leverage new technology to disrupt the sector and make redefining changes. In truth, the primary determining factor in whether the project succeeds is whether the application of the end product is feasible, deliverable and add long-term value. It was with this in mind and…
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Project Update

Project Update

Progress
As the project continues to move forward, management feels that it is appropriate to share an update with the community on the progress towards realizing the project's goals. Please find below an update on the current status of the project. The team remains committed to transparency and free communication of information and progress and milestones and will share regular updates with the community as appropriate. Please click here to find May's project update
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New features added to the Tratok Project following community feedback.

New features added to the Tratok Project following community feedback.

Progress
The team behind the Tratok Project genuinely believe in our product's ability to revolutionize the travel and tourism industry. Our goal is to build a needed service that addresses the requirements of all industry stakeholders. We understand that in order to realise the project’s objectives, the end product and service needs to add value to the industry.  Therefore it is of paramount importance to our vision that every stakeholder has the best possible user experience. While we have assembled a highly experienced and competent team, we understand that nothing is perfect and there are always ways to improve and therefore we place great emphasis on listening to constructive feedback from the community and implementing changes if we feel that they add value. One of our focuses has been the elimination…
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New milestone achieved

New milestone achieved

Company, Progress, Website
Today the team at Tratok are delighted to announce that we have reached a new milestone, ahead of schedule. The company Tratok Ltd has been formally incorporated in line with all the requirements of the BVI Business Companies act of 2004. This milestone has been achieved 2 months earlier than originally envisioned and has only been made possible by all the support from our existing stakeholders. The team would like to once again thank you all for your support in helping us achieve our vision of revolutionising the travel and tourism industry. The team remains unconditionally committed to continuing to strive to do our best and keep to the project's goal, making travel more hassle-free and economical for all stakeholders. It may be a challenging path, it is happening. One…
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Regulation is good for projects like Tratok

Regulation is good for projects like Tratok

Progress
There has recently been a lot of buzz generated in recent weeks concerning regulation of Cryptocurrencies and whether such an eventuality is good or bad for the concept. The team behind Tratok have thus far avoided making comments on such as we believe our efforts are best spent on ensuring that we provide the best possible solutions to the existing problems we wish to address in the Travel and Tourism sector.   However, after receiving many enquiries on how we feel this may affect the project and our visions, we have decided to publicly take a stance on the issue. We believe that regulation of the industry is a positive thing. It helps separate the illusions and magic beans from the potential growth engines that can feasibly make a difference…
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The Tratok Project is hiring

The Tratok Project is hiring

Progress
Seeking employment and wish to join a dynamic and productive team? Do you have ambition and take pride in doing the best job that you can? Due to progress being faster than forecasted, we are recruiting sooner than initially planned as there is a current need expand to the team to keep up with the workload without compromising the quality of service. If you have an interest in getting in on the ground floor on a project that has the potential to change the world, then please do get in touch. You can find more information about benefits and vacancies on our careers page located here. We are happy that demands on our time are accelerating as it shows that the public understands the value that the realization of the…
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New website launched

New website launched

Progress, Website
The team keeps making progress with Tratok and we are delighted to launch our website today. Doing so gives us a platform to help share our vision to revolutionize the travel and tourism industry. In addition, it allows us to share progress with the community so everyone can keep track of their favourite travel token. While it is still early days and the project is still in its infancy, we are proud to say that the future looks most promising. Reception of our whitepaper has been superb and the push behind the project has gone from strength to strength. We have managed to build a strong team with a proven track record of success in the industry, individuals who consistently built billion dollar revenue generating business around the world. Things…
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