The travel and tourism industry is one of the largest industry in the world, to be more precise it is the largest "commercial service sector" industry. It is also one of the biggest source of income for any country. Tourism is an extremely lucrative business. For this reason large numbers of sub industries and businesses have risen from it, including but not limited to travel agencies, hotels, retaurants, etc. But it is also due to this reason that frauds and scams littered the industry.
For a tourist getting the best experience when traveling is a must. Unfortunately, this is easier said than done. Unless a tourist is willing to spend long hours researching all he or she needed to know about the destination he or she traveling to, like the best or the cheapest hotels and restaurants. But even this method is not fool proof, that's because its hard to determine whether the informtion they provide are accurate and trustworthy.
Normally, would-be-travelers makes use of the internet to gather information on the destination they wished to travel to. These informations can either come from online travel blogs or/and travel agencies, and here lies the problems. Online travel blogs and agencies are not accurate and trustworthy enough. For these online travel blogs and agencies to be fraud is not an uncommon occurence.
Hence, there is an urgent and great need for a platform that offers accurate, cheap, safe and trustworthy source of travel informations and services. Enters Cool Cousin.
What is Cool Cousin?
Cool Cousin is a app and site that focuses on giving the best travel experience to tourist and travelers. Cool Cousin prides itself as an alternative go-to service to travel agents. They give user the best travel service by directly connecting to locals around the world, called Cousins - hence the name Cool Cousin. Want to know the best place to stay? What about a reasonably cheap restaurant with great food? Or perhaps you're looking for the best place to buy some local souvenirs? No problem! Your Cousins at Cool Cousin got you covered.
These locals, or Cousins knows the inside and out of their respective cities, thus giving travelers and tourist the best travel advice - just like a real travel agent. Unlike real travel agents however, Cousins are not bias and will not charge you a premium for their service. They will also not overwhelm a tourist with promos and offers, instead they focused on giving personalized advice that suits the tourist taste and needs. Cousins are just like your personal travel agent that you can contact whenever and wherever you are in the world.
Millinial travelers between the age 18 - 35 is what consist a large percentage of Cool Cousin users-base. This tech-savvy group are willing spend large amount of money to get the unique travel experience they are looking for. Cool Cousin is not a new entry to the tourism industry. It has been giving tourist and travelers the best service since its beta in July 2016. To serve the needs of their user-base better, the team behind Cool Cousin decided to integrate the power of the blockchain technology.
Decentralized travel and tour service token, CUZ
"Nowadays, everything is getting decentralized, so why not do the same for the tourism industry?" This is exactly what triggers the team behind Cool Cousin to take the next big leap. The ever-growing power of the blockchain is quickly changing the world as we knows it. Taking advantage of this to greatly improved their service and meet the ever-growing demands, the team behind Cool Cousin decided to launch their very own cryptocurrency token, the CUZ. The CUZ is build upon the ethereum platform and is open-sourced so transparency is not an issue.
Building a decentralized ecosystem of locals and travelers around the world is the primary reason for the development of the CUZ. By doing so Cool Cousin aims to give travelers personalized travel services that can save them both time and money while giving locals around the world the chance to use their knowledge of the regions as a source of income. CUZ like all cryptocurrency will be available for trades at the exchangers.
Two entities as one
The Cool Cousin ecosystem is consist of two entities, the Company and the Community. Both are interdependent to each others while tactically independent. The Company is responsible for the business side of things while developing technologies that will help in its growth and that of the Community. The Community on the otherhand is responsible for creating contents and offering services to the clients. It is also responsible in settling dispute between its members and assuring the quality of the services offered. The fees from transactions are divided between the two while the community funds are put into the Reward Engine.
Both sides are necessary and is extremely important to the development and survival of its decentralized ecosystem.
Afterwords
The travel and tourism industry is growing at an extreme pace every year and demands for a more affordable alternatives to traditional travel agents is greatly increasing. To meet this ever growing demands, innovations and new technology is needed, and Cool Cousin is in the forefront of this innovation.
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