Why a cousin is better than your own travel research
In short, Cool Cousin is an application where travelers can connect to local inhabitants of the city/village they are visiting. These locals are known as cousins on the Cool Cousin app, as the whole concept, is that you receive authentic information, just like if you were talking to your cousin who has no agenda of feeding you marketed content or fake reviews. By building an entire ecosystem around traveling advice, Cool Cousin aims to bring the most authentic experience of whatever destination travelers might visit. Research shows that travelers, and especially millennials highly prefer to pay for a tour guide, rather than access free information on the internet, simply because they want a trip as authentic as possible. More than 80% of millennials has actually said that they want to experience their destination as a local, not a tourist. This is why Cool Cousin is a great idea, contributors aka cousins aren’t rewarded by driving traffic/customers to specific places, they are rewarded for providing real information about the local culture, spots, and destinations. All of this gives Cool Cousin a competitive edge compared to other travel-related information apps because Cool Cousin provides the information travelers want, not the information advertisers pay for to be shown.
How Cool Cousin will handle scaling issues
The Cool Cousin app has already been out on the market since April of 2016. Since then the app has definitely proven its concept. They have over 500.000 users today and have seen an incredible growth of 220% in the last 6 months. Therefore an obvious concern such an application has is how are we gonna handle further growth and scaling. The solution proposed by the Cool Cousin project, is the use of blockchain technology, more precisely the Ethereum blockchain. Through the use of their ERC20 token CUZ, contributors on the platform will be rewarded by travelers in CUZ tokens, based on how good/useful a guide or set of recommendations is. And as earlier mentioned, authentic information provided by locals are soughed after more than just advertisements, meaning that the best local information should be rewarded the most and therefore thrive to the top of the Cool Cousin ecosystem. The Cool Cousin app will also make sure to adequately display which content is contributed by the community, and what is from companies. Today more than 65 cities are available for exploration through cousins on the Cool Cousin app, where travelers on average connect with 4.5 cousins per city to get different perspectives.
To further fund their project, Cool Cousin is raising funds through an initial coin offering (ICO), selling their ERC20 token CUZ. The CUZ token will be an important part of the Cool Cousin ecosystem. One of its features is acting as a reward solution for providing useful information/guides.
The token sale starts March of 2018 and ends April of 2018
3770 CUZ = 1 ETH (Bonuses are available for different phases, see picture below)
The minimum contribution amount is 0.1 ETH
- Total amount of tokens issued is 300.000.000 CUZ
- A maximum 100.000.000 CUZ will be available for purchase during the token sale
- Hard cap is 17.500 ETH
- Soft cap is 4.000 ETH
The Cool Cousin project started back in Q2 of 2016 and have already established an app used by over 500 thousand users. They’ve created a roadmap of which things they need to accomplish by when.
Cool Cousin already has an extensive team working on their project. They have combined experience in everything from blockchain development to creating successful solutions for millions of consumers. These are some of the people behind Cool Cousin
To view the entire team and their advisors, or learn more about each member, visit their ico website: https://www.coolcousin.com/ico
If you find this project interesting and wish to learn more about it, their token sale or their bounty, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
ICO Website: https://www.coolcousin.com/ico
Bounty Thread: https://bitcointalk.org/index.php?topic=2888834.0
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