How FION coin looks at the tourism business for MOON
Travel and tourism industry is a key sector for economic development and job creation. In 2018, the total contribution of the tourism sector to the global economy reached $ 8.8 trillion according to the annual analysis of the World Travel & Tourism Council (WTTC, 2019). This analysis revealed that in 2018 the sector accounted for 10.4% of global GDP, 10% of total employment, 6.5% of total global exports and 27.2% of total global exports of services.
The tourism sector has changed dramatically since the Internet has allowing customers to search and book trips directly online. As a result, many companies, such as Airbnb and Uber, have moved from traditional business models to consumer-to-consumer models. To meet customer needs, the tourism industry needs to combine money, technology and knowledge to build new and innovative platforms.
Professionals and researchers at Demetra Ico sro have been trying for years to identify how blockchain could impact the travel and tourism industry, where one of the most important problems is the customer experience.
The Demetra Group will take care of the management of the residential-hotel tourist complex including the use of FION coin in the ecosystem, and will take care of everything: ordinary and extraordinary maintenance, insurance, cleaning of common parts, payment of utility bills and will also provide, for a fee, all hotel-type services such as apartment cleaning and linen change.
The real estate units will be sold, by purchasing them in Fiorino (FION), with the tokenized time sharing formula, which consists in the purchase of the right to use an accommodation as a residence for one’s holidays, for one or more weeks a year, for a period of 15 years, with the possibility of exchanging it with other accommodations in the world, using world trade organizations, thanks to contracts with partner companies already in place.
The proposed tokenized time sharing contract also makes it possible to create a real tourist investment, thus combining the security of a real estate investment with a high income from the tourist investment, as the token holder signing the contract is offered the right to obtain from the same investment, a countervalue due to FION’s scanbio on exchanges. Furthermore, for the period of construction of the Il Molino residential complex, the token holder of the FION quota relating to the threshold period, is affiliated free of charge to a global circuit of 3 to 5 star luxury tourist-hotel facilities with the possibility of taking advantage of stays and / or free nights.
In this way, the Fiorino is structured as a utility token interconnected with the real economy, in which it will be used, becoming an asset of tangible value.