GOZO : HERE COMES THE TRAVEL INDUSTRY FIRST BLOCKCHAIN ENABLED REWARD CLUB
INTRODUCTION
Since the inception of cryptocurrency and the bitcoin technology, there has been different platform and trading for blockchains, we know that the bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries, this has made it possible for inter marketing platforms to exist and vast majority of interested people to participate.
Gozo plans to be the platform of choice for travel related loyalty reward programs.
Loyalty point partner programs will reap benefits from Gozo’s tokenized loyalty reward platform.
Partners can customize the Gozo platform to fit their loyalty reward plan for their customers,
providing partners with a secure, transparent and frictionless customer experience.
Gozo is the industry-first blockchain-enabled loyalty points clearinghouse, and travel savings club.
By leveraging blockchain technology, Gozo is providing greater efficiency, liquidity and travel savings to the consumer. Gozo’s simple and user friendly app allows users to harness the power of blockchain to track and exchange valuable loyalty reward points into crypto tokens, or Gozo travel club membership. Gozo Travel Club Members benefit from wholesale priced travel and access to premium benefits such as free airport VIP lounge access, travel insurance, best price guarantee, medijet evacuation and more.
Loyalty point partner programs will also reap benefits from Gozo’s tokenized loyalty reward platform. Partners can customize the Gozo platform to fit their loyalty reward plan for their customers, providing partners with secure, transparent and frictionless customer experience.
Market Size and Potential
Both the loyalty reward and the travel industries are massive.
The first travel loyalty reward program was launched by American Airlines in 1981. The number of
loyalty reward programs has skyrocketed to the point that every major travel business has a
program or is associated with one. 66% of Americans collect reward points. Over 25% of frequent
flyer rewards expire without being used. Globally, $360 billion worth of loyalty reward points go
unredeemed each year, equal to 48 trillion points (source: Global Loyalty insights). In 2016, US
consumers alone held 3.8 billion loyalty reward memberships, a 15% increase over 2014’s 3.3
billion. Canada saw a 33% increase in loyalty program memberships during the same period
(source: COLLOQUY Loyalty Census). This waste of value translates into a multi-billion-dollar
opportunity that Gozo will help convert into value for Gozo Wallet holders.
As touted by large consulting firms, the future of loyalty reward programs will use blockchain technology. Blockchain powered loyalty points with built-in smart contract features, or as Gozo calls it
- smart points, is the next logical evolution in loyalty reward program platforms. Smart points will
simplify program management, with transferability to friends and family, acquisition and redemption through partner interoperability programs, and much more.
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Gozo will have first mover advantage with the support of tokenized loyalty reward atomic swaps,
as a new crop of loyalty point programs on the blockchain begin to emerge in the coming years.
Travel is an $8.27 trillion industry with total direct travel sales of $2.57 trillion and direct online
sales of $630 billion, recorded in 2017. This leaves a gap of $1.94 trillion of direct sales taking place
offline. Gozo aims to offer offline and off-chain users a tokenized gateway to buy their travel products and services online with loyalty reward points through the Gozo PLUS travel savings club,
capturing part of the $1.94 trillion in offline sales and part of the $630 billion of traditional online
sales.
BENEFITS
Industry-First Tokenized Loyalty Rewards Management & Exchange
Consolidate all your loyalty reward points into a single wallet.
Fluid and easy tracking, using, and exchanging of loyalty reward points with Gozo’s universal token built on blockchain technology.
Tokenized Travel Savings
Gozo PLUS members get wholesale priced rates that are unavailable in the general market for all their favorite travel destinations. Their first trip will likely save them more than the annual membership fee.
Our business model is to return to our members the usual profit margin that most travel agencies keep, making Gozo the low cost, high value provider of exciting travel opportunities for business or pleasure.
OUR TEAM
GOZO CO-CREATORS
Roy Labban
ABOUT ROY
Ziad Nassar
ABOUT ZIAD
ADVISORS
Mike Putman
ABOUT MIKE
Samar Layoun
ABOUT SAMAR
Fares Nassar
ABOUT FARES
Nancy Elias
ABOUT NANCY
Evan Sneider
ABOUT EVAN
Giuseppe Ressa
ABOUT GIUSEPPE
Charles Ralston
ABOUT CHARLES
Website : https://www.gozo.io
White paper : https://www.gozo.io/Gozo-Whitepaper-V2.0.pdf
User name Bounty0x : sobaint1