Futourist is the first blockchain based travel review platform that rewards you for your reviews with tokens. On Futourist you will be able to claim the newly introduced Futourist Tokens (FTR) in return for your reviews of travel services and places, depending on the quality of that review (community upvotes).
Online content marketing industry is expected to generate more than $300 billion in revenue by the year 2019! But when it comes to sharing that revenue, content creators tend not the be a part of the story at all. Futourist’s team claims that they will change that. Their vision is to bring fairness to online content creation by creating an economy where creators are rewarded for their content with Futourist Tokens (FTR).
Futourist started with travel reviews because they’re one of the most trustworthy and helpful information on the internet. They shape how people see things on a daily basis and most importantly – they’re directly related to business revenue. The number of written reviews has reached 500 million on TripAdvisor alone. According to recent statistics, 90% of consumers read online reviews, and 88% of them trust them. Furthermore, 89% of consumers say they read more than 2 reviews.
Travel review industry is big and hasn’t been disturbed in a long time. Platforms are failing to embrace new technologies and the whole field is stagnating. So on top of rewarding reviewers with tokens, Futourist will be focusing on video reviews and catering influencers – things no other review platform has successfully exploited.
On Futourist, you will be able to review anything travel related, anywhere and at any time. From restaurants to accomodation, parks, things to do, transport etc.
Reviewers will be rewarded for participation in time-limited reviewing contests. Having limited time period contests allows the platform to distribute tokens in a straight-forward way – after the end of the contest, to all content creators which participated, with a predefined token distribution curve. After the contest ends, all applicable reviews will be sorted by their upvotes and downvotes. The platform is going to use the Pareto principle on these reviews in order to distribute rewards as fairly as possible.
Futourist will include many other features and token utilities which are described in their whitepaper. Their team has also partnered up with a popular service list site called OpenHours. OpenHours is a platform with over 1 million monthly active users and is present in 21 western countries. It has a huge database of services available in those countries. It also has service database including existing reviews, established technology infrastructure (several localized web and mobile apps) and users that will be converted to Futourist platform users. Futourist team will use OpenHours for the foundation on top of which they’ll build Futourist.
Some information regarding Futourist Token Crowdsale which starts February 20th 2018:
Futourist ICO page – futourist.io/ico
Token name: FTR token
Token standard: ERC20
Crowdsale start date: February 20th 2018
Crowdsale end date: March 20th 2018
Crowdsale hard cap: 5,600,000€
Crowdsale threshold: 700,000€
Total token supply: 1,000,000,000 FTR
Price per FTR: 0.016€
Cryptocurrency accepted: Ether (ETH)