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DRACO · 119w

Travel around the Globe spending Cryptocurrencies

All of us like to travel, this is the main reason that a lot of sites have given travellers the opportunity to book with cryptocurrencies.

The following idea has brought this project to life by creating a travel club for members with benefits and more. Drachmae Project Founder Lee Gibson Grant gives an interview to CoinIdol:  

CoinIdol: What made you start the Drachmae Project last year?

Lee Gibson Grant: “When we originally created Coinstructors as a consultancy, many people submitted some really good ideas but these could not be realized for various reasons - either funding or some other obstacle. We realized that, although the blockchain technology and the ideas seemed solid, there was something else. Massive success stories in conventional technologies were contrasted by grandiose ideas fielded by the crypto community that were just not making progress. There was clearly a massive disconnect between the crypto technologists and real world users. So my curiosity kicked in, and the events in Greece in April 2015 offered many problems that promised to be addressed by blockchain solutions. Coinstructors was closed down and now I am enjoying the pursuit of provable use cases for blockchain.”

CI: What is Drachmae Travel Club and how did you come up with the business model?

Lee Gibson Grant: “Drachmae Travel Club is a take-away from the use cases explored in Greece. It provides a simple way for regular users to use a digital token and blockchain technology without getting caught up in the technology. It also offers a very lucrative business model, even with low membership volumes. What is of key interest is what we are doing under the hood. The solution can be expanded across the travel industry, and into other travel clubs, as a way of reducing costs and exploiting Big Data in a meaningful and...

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