Photo - Azzurro
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Azzurro

Travel service on blockchain for creating individual trip.

Latvia
Market: Tourism, sport, Blockchain, Artificial Intelligence, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 08.06.2018
Min investment
$  40.000
0
Total required
$ 200.000
Rating
equalizer 225 из 1000
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Idea

Azzurro is a blockchain-based travel service. We present individual trip, based on expiriens of locals to the customer. We reward local experts for their expirience with tokens that can be used to purchase physical goods and services or exchanged these tokens to cryptocurrencies.

Current Status

We have alfa version of our product, and we are testing it now. We have already done integrations with our partners: Anywayanyday.com, Booking.com, Bookinggroup.com.

Market

1,250 trn USD Global tourism revenue.
250 bln USD our potential market (20% of GTR = 250 bln USD)
250 mln people our potential customers. Average spending for tourism for 1 person in year = 1000 USD.

Problem or Opportunity

Many people don’t have the time or can’t organize themselves to plan a trip on their own. Going to an individual travel agency can prove to be quite expensive, which is why they turn to the regular travel agency and often even go to the same places.
There are, of course, people who can quite successfully plan and organize their own trips. However, it could be hard to find something more than just the mainstream tourist attractions, such as interesting places and events only locals know about.

Solution (product or service)

Azzurro uses the experience of locals of particular areas to provide specific routes. Depending on the number of people travelling, the budget and the trip’s expected duration, it also finds the most suitable tickets, accommodation, rental services, restaurants and places of interest.

We combine all these services into one package in the end and present them and the total price to our customer.
All reservations, routes, schedules and recommendations will be saved to the customer’s account.

Competitors

Travel Block
Travelchain
Winding tree

Advantages or differentiators

1. Unique rout, made by local experts, combined with all services, which are provided by world leading aggregators.
2. Selection of the most suitable tour, using artificial intelligence.
3. Trustworthy motivation of the tour creators, based on blockchain.

Finance

1,25 bln USD Potential Azzurro forecast revenue in 5 years, 0,5% from our potential market size.

Business model

We will get about 5% cashback comission from the aggregators of travel services, 25% of it will be paid to tour creators.

Money will be spent on

50% Product Development
30% Marketing/Sales
10% Operation/Inventory
10% Legal/Other

Offer for investor

Discussion at a meeting.

Risks

Adoption of technology. The possibility that the largest players in the tourism industry will create similar services.

Incubation/Acceleration programs accomplishment

Latvian Blockchain Preaccelarator

Won the competition and other awards

Winner of Latvian Blockchain Preaccelarator.

Photos

Photo 1 - Azzurro

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address