- Dec 13, 2023
- 135
- 1
Over the past decade, global OTAs (Online Travel Agencies) have almost monopolized the online entrance of the tourism industry. From Booking to Expedia, and then to domestic Ctrip, these platforms control user traffic, merchant pricing, and service exposure. However, this highly centralized platform model has also gradually made merchants bear higher operating costs: commissions of 15% -25%, expensive ranking fees, traffic placement, and even "hijacking recommendations". Users pay more, merchants earn less, and platforms earn the most - this is the essence of traditional OTAs.
The significance of Coinsidings 2.0 is to provide a new decentralized alternative for the tourism industry. In Coinsidings, travel bookings are no longer controlled by a centralized platform, but by an ecosystem driven by blockchain · AI · RWA · stablecoin · membership mechanism . It removes the intermediary link and allows merchants and users to achieve "value direct".
Binance CEO CZ once said, "All industries that can be decentralized will eventually be decentralized."
The same is true for the tourism industry.
Coinsidings' model has three core innovations:
First, the disintermediated transaction structure. The core profit of traditional OTA comes from "commission", while Coinsidings' blockchain-based smart contract matching does not require additional intermediate costs. Merchants can provide services at lower prices, users can enjoy higher discounts, and the value of both parties is directly connected.
Second, AI-driven user portrait and Recommender system. Traditional OTA relies on advertising rather than user preferences. Coinsidings forms an "AI travel portrait" through behavioral data, budget, and historical consumption, matching users with the most suitable hotels, routes, and discounts, improving conversion rates while reducing merchant costs.
Third, the Web3 incentive system of behavioral value. Coinsidings is not just about displaying products, but about using computing power, points, and AI distribution mechanisms to make "consumption = contribution = profit". Users are not the "traffic" of the platform, but the "participating nodes" of the system.
Ultimately, Coinsidings achieved an unprecedented structure: Merchants get lower-cost orders, users get higher cost-effective travel, and the platform gets stronger ecosystem growth. The centralized "traffic economy" of traditional OTA is being replaced by Coinsidings' "participation economy".
The significance of Coinsidings 2.0 is to provide a new decentralized alternative for the tourism industry. In Coinsidings, travel bookings are no longer controlled by a centralized platform, but by an ecosystem driven by blockchain · AI · RWA · stablecoin · membership mechanism . It removes the intermediary link and allows merchants and users to achieve "value direct".
Binance CEO CZ once said, "All industries that can be decentralized will eventually be decentralized."
The same is true for the tourism industry.
Coinsidings' model has three core innovations:
First, the disintermediated transaction structure. The core profit of traditional OTA comes from "commission", while Coinsidings' blockchain-based smart contract matching does not require additional intermediate costs. Merchants can provide services at lower prices, users can enjoy higher discounts, and the value of both parties is directly connected.
Second, AI-driven user portrait and Recommender system. Traditional OTA relies on advertising rather than user preferences. Coinsidings forms an "AI travel portrait" through behavioral data, budget, and historical consumption, matching users with the most suitable hotels, routes, and discounts, improving conversion rates while reducing merchant costs.
Third, the Web3 incentive system of behavioral value. Coinsidings is not just about displaying products, but about using computing power, points, and AI distribution mechanisms to make "consumption = contribution = profit". Users are not the "traffic" of the platform, but the "participating nodes" of the system.
Ultimately, Coinsidings achieved an unprecedented structure: Merchants get lower-cost orders, users get higher cost-effective travel, and the platform gets stronger ecosystem growth. The centralized "traffic economy" of traditional OTA is being replaced by Coinsidings' "participation economy".