lelaapril2004: TRAVELFLEX - Decentralized social network and payment system

Hello all the people Dear Mr. And Mrs !!

Back again with me Lelaapril2004 who had the opportunity today I will present an article entitled [ Travelflex ] Let's get started ?

TRAVELFLEX

Travelflex is a new cryptocurrency that aims to solve other coin scalability problems such as Bitcoin encountered today. By using the complete new DAG algorithm, Travelflex is not just a simple clone or token.

The block rate, for example, is 1 block per second, compared to 1 block per 10 minutes for Bitcoin. It will be a real Proof-of-Work (POW) coin that can be mined and runs on its own network unlike 90% of all other coins.

Do not be confused with the name Travelflex because the coin can be used for almost everything related to payment, not just traveling.

Market Position

VISA can handle an average of about 1,700 transactions per second (tps), calling it a daily peak rate of 4,000 tps. PayPal, on the other hand, handles around 10 million transactions per day with an average of 115 tps by the end of 2014. Currently, the Bitcoin network is limited to a 7 tps survival rate due to bitcoin protocol that limits block size to 1MB.

Recently with the improvement, let's imagine blocksize doubled to 2MB, so the rate also doubled to 14 tps.

Bitcoin - 3 to 4 transactions per second for 1MB, 6 to 8 tps for 2MB (Cost = 2-10 USD +) for 1MB
Ethereal - 20 transactions per second (Cost = 0.01-0.1 USD +)
Paypal - 193 transactions per second on average
Iota 500 to 800 transactions per second on average

Travelflex (TRF) - 1200 to 1400 transactions per second and this will get faster with more users. Cost charge is zero !

The main features of Travelflex

Fast worldwide worldwide transactions and exact block size (0.5 TRF per second).
Physical Travelflex Card (can be used as credit card / ATM).
The mobile node to keep the network decentralized and faster.
Live chat, 100% secure and decentralized from wallet to wallet (peer to peer).
Connect to your favorite social media and add your friends to your friends list.
Near Field Communication (NFC) to see who is using Travelflex around you.
A centralized decentralized mining aid coin from ASIC. GPU Mining
Escrow service over the network.
Return to the charity through mining.
24/7 Support
Travelflex inspection that can be printed modern.

Mobile app features

Mining

Everyone with a mobile phone will be able to mine the Travelflex coin (TRF) with the mobile application.

Wallet

The mobile application has a built-in wallet. No need for an external wallet.

Friendlist

You will be able to add other users of the mobile application. You will have all your friends, family and other people in one friendlist.

Chat

You will be able to talk to friends, family and other users through the encrypted chat function.

Near field communication

You will be able to find other Travelflex users around you and start chatting with them.

Social media

You can link the application to social media. And when you do, you will automatically receive a mining bonus.

24/7 support

We have a team ready to help and assist you 24/7 through our live help chat function.

Charity

Whenever you mine new TRF coins, you will be able to donate coins to a wallet of your own choice.

ESCROW & price locking

Travelflex will keep your money safe until you accept the payment. It will also make sure the price is locked on the current market price when you activate TRF for payment.

ICO

An Initial Coin Offering (ICO) is a form of crowdfunding or fund raiser. During the ICO we are selling a percentage of the new cryptocurrency TRF. These coins will come with a compatible wallet. Through this ICO we are looking to receive the funds for finance our project, pay salaries, cover marketing and legal matter expenses and invest in research and development, while you will receive TRF for a low price. Also, there will be a chance to win one of five island vacation packages or a luxurious, all-inclusive 112-days cruise trip around the world. Check below for more information on how to win a vacation.

The Initial Coin Offering (ICO) will start December 14th 2017 and end January 14th 2018, or until all coins are sold, whichever comes first. There will be 100,000,000 coins for sale. 95% of the coins will be sold to the public and 5% will go the bounty program, the founders will not keep any coins for themselves. The founders will follow a founders reward model based on Zcash. When mining has started, 90% of the newly created TRF will go to the miners, 2% will be donated to charities, and 8% will go to the founders. After 4 years, this construction will stop and the coins will go to the miner and to charities. This will mean the founders have more interest in supporting the product and they will have no ability to 'pump-and-dump'. This should give you more trust in Travelflex. The founders hold NO pre-mined coins. One (1) Travelflex coin will have a price of $ 0.28.

To Bitcoin (BTC), Bitcoin Cash (BCH), DASH, Ethereum (ETH), Litecoin (LTC) or fiat currency. The exchange rate that will be used for paying in coins, will be the equivalent of the price in USD at that moment (rates will be taken from online resources, the actual exchange rate may differ from the exchange rate used due to the volatility of the cryptocurrencies). Coin will be transferred to buyers upon payment confirmation. The transfers will be done manual, it might take up to 3 weeks after the ICO to send everyone their coins. The purchased coins will not be active until the end of the ICO. There will be 15% extra coins offered as a bonus for purchases made within the first week of the start of the ICO.

Roadmap

Q4 2016

The initial idea popped up in the visionary mind of the founder. The creation of a new cryptocurrency and related secured services and dedicated to the travel industry, imposed itself as a disruptive and haunting idea.

Q1 2017

Two cryptocurrency enthusiasts joined the founder and began setting up a team behind the Travelflex concept.

Q2 2017

An initial team had been gathered for the project and the concept was being outlined. Experts started to develop a beta version of the mobile application on both Android and iOS platforms. The chat function was tested and updated until it succesfully worked.

Q3 2017

The decision to base the company in Hong Kong was made. To be in the heart of one of the most dynamic markets in Asia-Pacific. Legal matters and financial transactions are being secured. The Travelflex logo and trademark are registered.

Q4 2017

Travelflex is setting up for the Initial Coin Offering. Final testing of the beta version of the mobile application is completed. The live chat team is ready to answer all your questions.

ICO

2017

Initial Launch of Initial Travel Coin Offers There will be 95,000,000 coins to sell, 5,000,000 coins will go to the Travelflex Bounty program. Unsold coins will be burned with burning evidence.

Q1 2018

TRF coin mining begins. Checks and Travelflex cards are still in progress. Travelflex will list TRF in all major exchanges for trading purposes.

Q2 2018

Printable checks are available. Establishing partnerships with leaders in the travel industry, enabling the Travelflex community to use their TRF in transactions through booking services, airlines and hotel companies.

Q3 2018

Travelflex cards are removable and can be used at ATMs. Loyalty program is being developed. Partnership with the GDS industry will begin to enable more users to benefit from the Travelflex service.

Q4 2018

Travelflex cards should work as planned and be accepted at many points.

Q1 2019

Travelflex continues to develop new relationships with partners. This is to give money more receipts and usage to the holder. The support team is still there to help when needed.

Q2 2019

The team will continue to work on existing applications. New ideas may have been born and under construction. At this time, the crypto-cardiac industry may be regulated and Travelflex is prepared with funds and lawyers if necessary to keep the TRF 100% functioning according to existing regulations. This is the same if a special requirement is required before this time.

TravelFlex TEAM