Travelflex Coin is a new cryptocurrency that wants to connect the travel industry to block chain, to make traveling financially easier and more secure. Travelflex is a new cryptocurrency that is aiming to solve the scalability issues that other coins like Bitcoin are facing at the moment. By using a complete new DAG based algorithm Travelflex isn’t just a simple clone or a token. The block speed, for example, is 1 block per second, compared to 1 block per 10 min 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 the others coins. Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related, not just traveling.
Key Features of Travelflex:
1. Super-fast transactions worldwide and a proper block size (0.5 TRF per second).
2. Physical Travelflex card (usable as a credit/ATM card).
3. Mobile nodes to keep the network decentralized and faster.
4. Direct, 100% secure and decentralized chat from wallet to wallet (peer to peer).
5. Connect to your favorite social media and add your friends to your friendlist.
6. Near Field Communication (NFC) to see who uses Travelflex around you.
7. A true ASIC resistant decentralized mining Proof-of-Work (POW) coin. GPU mining.
8. Escrow service over the network.
9. Giving back to charities through mining.
10. 24/7 support.
11. Modern printable Travelflex cheques.
This investment round is a unique opportunity to claim your share on the next generation cryptocurrency. Most of the TravelFlex services are scheduled to be deployed and in full use by the end of the year 2018. Travelflex (TRF) – 1200 to 1400 transactions per second and this will get faster with more users. Cost of fees is zero! Bitcoin – 3 to 4 transactions per second for 1MB, 6 to 8 tps for 2MB (Cost= 2-10 USD+) for 1MB
Ethereum – 20 transactions per second (Cost= 0.01-0.1 USD+) 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.