John Books a hotel with his credit card in EUR
John
His EUR payment is converted into LOC via API connectivity with exchanges
Booking is executed with LOC at 0% commission via The LockTrip Travel Engine
After Check-out, the smart contract
that manages the booking
releases the payment to the hotel.
Hotel/Host
Hotel Liquidates LOC into Fiat
Fiat payout is made at
0% commission to the hotel
The decentralized and free-to-use LOC Travel Engine keeps all hotels, rates and availability as an open-source turnkey solution for any third party applications that wish to connect and offer retail travel services at 0% commission
Visit Live Marketplace

100,000 Hotels Already Live

LockTrip is an Ecosystem and a Marketplace where anyone can enjoy cheaper travel without paying unfair commissions to middlemen that have no added value. LOC can improve our lives by significantly lowering travel expenses.

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20% lower hotel prices than
any other site


Due to the advanced capabilities of blockchain technology, Hoteliers and Short Term Rental Owners can sell their rooms on our integrated marketplace for 20% lower prices without affecting their profits.

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Totally Decentralized
Booking Engine


Our project consists of two parts. A decentralized booking engine - the LOC Ledger (based on the Ethereum VM), and a marketplace that will be fully integrated with the decentralized LOC Ledger

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Seamless Integration for
Property Owners


Property owners and hoteliers are able to add their short term rentals and hotel rooms to the decentralized LOC ecosystem through a one-click seamless integration (import from existing listings or via a csv import) via our marketplace https://alpha.locktrip.com

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Accepting LOC Tokens, as well as BTC,
ETH and Credit Card Payments


Our marketplace will have a built-in exchange algorithm which will automatically convert any external currency into LOC at the time of booking and will submit the LOC into the decentralized LOC Ledger.

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No Commissions on Revenue,
Open-Source & Free-To-Use


LockTrip is free to use for hosts and travelers, regardless of the number of properties and size of revenue generated.

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Low Third Party Dependancy


We are building two projects into one. A centralized application with immediate adoption for all retail users (our marketplace), and a decentralized technology (our open-source LOC travel Engine). Unlike many other companies, we don't rely on third parties to add value to LOC.

Traveling Meets Blockchain

Project Essentials

Please Check the Most Important Quality Metrics of our TokenSale

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Very Low Total Supply 18.6 Million LOC

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High Project Potential $550 Billion industry

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Raised 10,500 ETH from 4.200+ backers

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Live Product - 100,000 Hotels With -20% Pricing Across The World

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Strong Team and the only Project Backed by a President of a Country

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Live product with real world value - travel cheaper around the world

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Supporting fiat payments to non-crypto audience for a broader adoption

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Dedicated Customer support to ensure you have an enjoyable experience

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Token of high value irrespective of market conditions - You can buy it and use it to improve your travel

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Strong Community of 20K+ travel lovers

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Traded on 6+ Exchanges already

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Solid Token Economy with strict utility use case

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Competes with other booking websites without requiring any change of user behavior

LOC Token Economy

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Tokensale Event

Successfully Completed in Nov 2017

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    Sold to Public - 50%

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    Retained for Team, Advisors, Community, Early Backers - 25%

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    Reserve for Future Development - 25%

Token Metrics

  • Target: 4.5M USD (100% Raised)

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  • Current Supply = 9.3 Million LOC

  • Total Supply = 18.6 Million LOC

  • Type = ERC20

  • Exchange Listed = Yes

Roadmap

Plan for project development as follow

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  • 15th October 2017

    Unofficial Alpha Marketplace Launch during tokensale with 600 properties bookable with LOC in UK

    (From this moment onward users had the possibility to book vacation rentals with LOC. Hotels not yet available.)

  • 3rd October 2017

    LOC Token Pre-Sale Started

  • September 2017

    Tokensale Smart Contract Testnet Completed

  • April 2017

    Development Started on the centralized application & DAPP Engine

  • 31st Dec 2018

    On-boarding second application to the decentralized engine

  • 30th Nov 2018

    Translating 100% of marketplace content into French, Spanish and Portuguese

  • 1st Oct 2018

    Launch of Global Air Travel Service with 0% Commission

  • 30th Sep 2018

    Official launch of the marketplace

  • 30th August 2018

    Credit Card payments support (Fiat-to-LOC as a background process through API connectivity with exchanges)

    (From this moment onward users can book vacation rentals and hotels globally with LOC and with credit cards)

  • 30th August 2018

    Major content improvement - adding high quality hotels images, descriptions and translation into Chinese and Russian

  • 30th July 2018

    Distribution of reward tokens from Airdrop marketing campaign

  • 17th October 2017

    Channel management integration with FantasticStay.com

  • 29 October 2017

    LOC Token Main Sale

  • 30 November 2017

    LOC Tokensale Successful Completion (100% Target Raise)

  • 15th December 2017

    LOC listed on HitBTC and 2 additional Exchanges

  • 30th December 2017

    Signed Agreements for Securing 100,000 hotels worldwide with average pricing of 15%-18% cheaper than current OTAs

  • 18th January 2018

    Official https://alpha.locktrip.com launch with possibility for hosts to list properties for free

  • 30th January 2018

    Design on the mobile app marketplace has been completed https://invis.io/6DV13269693R5M#/277284100_Screen-00-Welcome

  • 28 February 2018

    Launch of 100,000 hotels with global coverage

  • 28 February 2018

    Deployment of built-in private wallet management

  • 28 February 2018

    Launch of full check-out experience on the first application

    (From this moment onward users can book vacation rentals and hotels globally with LOC)

  • 30th April 2018

    1st stage DAPP/Centralized application integration (LOC tokens to be locked into smart contracts upon booking)

  • 25 May 2018

    Launch of fully functional Android & iOS mobile apps with global booking support for 100,000 hotels and 1,500 vacation rentals

  • 30 May 2018

    Beta Marketplace Launch

  • 30 May 2018

    Airdrop marketing campaign for marketplace popularization, user and token awareness

  • 20th June 2018

    Affiliate platform launch with multi-level incentives for referring travelers and hosts


Roadmap

Plan for project development as follow

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  • April 2017

    Development Started on the centralized application & DAPP Engine

  • September 2017

    Tokensale Smart Contract Testnet Completed

  • 3rd October 2017

    LOC Token Pre-Sale Started

  • 15th October 2017

    Unofficial Alpha Marketplace Launch during tokensale with 600 properties bookable with LOC in UK

    (From this moment onward users had the possibility to book vacation rentals with LOC. Hotels not yet available.)

  • 17th October 2017

    Channel management integration with FantasticStay.com

  • 29 October 2017

    LOC Token Main Sale

  • 30 November 2017

    LOC Tokensale Successful Completion (100% Targer Raise)

  • 15th December 2017

    LOC listed on HitBTC and 2 additional Exchanges

  • 30th December 2017

    Signed Agreements for Securing 100,000 hotels worldwide with average pricing of 15%-18% cheaper than current OTAs

  • 18th January 2018

    Official https://alpha.locktrip.com launch with possibility for hosts to list properties for free

  • 30th January 2018

    Design on the mobile app marketplace has been completed https://invis.io/6DV13269693R5M#/277284100_Screen-00-Welcome

  • 28 February 2018

    Launch of 100,000 hotels with global coverage

  • 28 February 2018

    Deployment of built-in private wallet management

  • 28 February 2018

    Launch of full check-out experience on the first application

    (From this moment onward users can book vacation rentals and hotels globally with LOC)

  • 30th April 2018

    1st stage DAPP/Centralized application integration (LOC tokens to be locked into smart contracts upon booking)

  • 25 May 2018

    Launch of fully functional Android & iOS mobile apps with global booking support for 100,000 hotels and 1,500 vacation rentals

  • 30 May 2018

    Beta Marketplace Launch

  • 30 May 2018

    Airdrop marketing campaign for marketplace popularization and token awareness

  • 20th June 2018

    Affiliate platform launch with multi-level incentives for referring travelers and hosts

  • 30th July 2018

    Distribution of reward tokens from Airdrop marketing campaign

  • 30th August 2018

    Major content improvement - adding high quality hotels images, descriptions and translation into Chinese and Russian

  • 30th August 2018

    Credit Card payments support (Fiat-to-LOC as a background process through API connectivity with exchanges)

    (From this moment onward users can book vacation rentals and hotels globally with LOC and with credit cards)

  • 30th September 2018

    Official launch of the marketplace

  • 1st Oct 2018

    Launch of Global Air Travel Service with 0% Commission

  • 31st Nov 2018

    Translating 100% of marketplace content into French, Spanish and Portuguese

  • 31st Dec 2018

    On-boarding second application to the engine

The Media About LockTrip

Our project has been reviewed by some of the most popular media/leading industry experts. Feel free to click on any of the logos to read the stories.

Our Team

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Nikola Alexandrov

CEO & Founder

Co-founder of Bitcoin7 - among the first bitcoin exchanges way back in 2011, 3rd in volume worldwide at its time.

4 Years of experience in the development of travel industry meta-search aggregator (BookingSpot).

Strong expertise in the field of digital marketing, e-commerce and fintech algorithmic development. Has recently been featured on the cover of the "Manager" magazine in Bulgaria.

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Hristo Tenchev

COO & Founder

Co-founder of Bitcoin7 - among the first bitcoin exchanges way back in 2011, 3rd in volume worldwide at its time. Founder of XS Software (www.xs-software.com), one of the most successful gaming companies in Europe with more than 50 million registered players worldwide. Co-founder at Software University (Softuni.bg), innovative IT education center with more than 100,000 software engineering students for its 3 years history, also pioneering blockchain education in Bulgaria.

Co-founder of 1Hub (www.1hub.io), co-working digital creative space, based in Sofia, Bulgaria.

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Rosen Plevneliev

Chief Advisor

President of Bulgaria from 2012 to 2017 and one of the founders of the innovation ecosystem of ICT in Bulgaria which has proven to be among the best ecosystems in Eastern Europe.

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Svetlin Nakov

Tech Advisor

Co-founder of the "Software University" (softuni.org) - the leading institution for training software engineers in Bulgaria, attended by tens of thousands of young developers. He is also a Chairman of the Bulgarian Association of Software Developers (BASD).

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Nikola Stojanow

Advisor

COO & Business Developer of Aeternity™. As a multi-national Business Development Executive with experience working in Germany, Eastern Europe, MENA, Asia and Pacific, Nikola is the go-to person for Strategy and Business Development.

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Ivan Yonkov

Marketplace Team Lead

Ivan is the Founder of Software Development company Codexio and is Training Director with the Softuni Establishment. He has extensive software engineering experience and is practically the person who trains software program lecturers in the Softuni Academy.

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Harold Kim

Advisor

Harold is a financial expert who was also part of NagaCoin and INS project. A crypto investor, and the founder & CEO of cryptocurrency data analysis firm Joajoa Networks based in Seoul, Korea. He has 8+ years of experience with Hyundai Capital and HSBC.

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Nevena Petrova

Head of Business Development

IATA certified travel specialist with 10 years of experience in the travel industry. Founder of Kalford Lane (HK) Limited - 6 years experience in Digital Marketing & Online Advertising - AdWords & Display Ads. 15 years of practice as a team leader.

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Krassy Kalcheva

CFO

CFO & Board member of XS Software JSC CFO in Software University Former CFO at Bitcoin7 Co-founder at Shukar Handmade, e-commerce platform for handmade apparel.

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Georgi Matev

Legal Advisor

Attorney at Law with substantial experience in the field of civil law especially ICT and corporate law. Extensive competence in VC funding and transactions.

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Eva Maydell

Advisory board (pro-bono)

Member of the European Parliament representing the European People's Party Group (Christian Democrats). Maydell worked in the International Development Law Association in Rome from 2008 to 2009 before becoming a political advisor to MEP Iliana Ivanova.

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Vince Meens

Advisor

An internationally experienced entrepreneur with over 15 years of Experience. A blockchain Expert with successfully developed decentralized platforms serving millions of people.

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Stoyan Angelov

Community Manager

Passionate entrepreneur always ready for new challenges! Part of Start It Smart entrepreneurial club (www.pre.startitsmart.com) and Co-Founder of flyevents.bg and infozone.bg.

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Georgi Spasov

BlockChain Architecture

George is a flying high blockchain developer, founder and chief of delivery of LimeLabs . He has vast experience in developing, leading and delivering successful software project for both startups (pCloud, Propy) and large corporations (IBM, Deutche Telecom and more).

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Falco Pangkey

Netherlands Operations

Experienced marketer in the employment industry. Together with Northern Europe's largest digital agency based in Amsterdam, he has been building online with the employment agency at a top 5 position in the Netherlands.

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Ivan Nikolov

Advisor

CEO of fantasticstay.com - a channel management software with 10,000+ properties worldwide and an Air BNB Host with a private portfolio of 100+ Properties in the UK.

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Jon Abrams

Canada Operations

Founder of "First Directive" - Over 15 years of M&A experience with strong network of Venture Capitalists in Canada and Israel.

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Richard Gibney

Copywriting & PR

Editor / Sub Editor / Writer at Yeah! Magazine in Ireland and award-winning fiction writer.

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Stan Staykov

Marketing Executive

SEO and growth hacking have been his professional passions for over 10 years. Previously, Stan was the CTO at the largest SEO Company in Bulgaria, awarded #1 SEO Company by Forbes Magazine.

Get in Touch

Feel Free To Get In Touch If You Need Any Additional Information

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