Marco Airdrop is a Peer-to-Peer app and online marketplace that connects people who want to rent out their homes with people who are looking for accommodations in that locale. Marco is giving away a total of 1,000,000 MRCto 1,000 lucky participants. Complete simple social tasks and submit your details to the giveaway page for a chance to win 1,000 MRC.
The travel industry is one of the largest global vertical markets, valued at over 8 trillion USD1. In 2016, over 1.24 billion cross-border trips were made, generating 1.22 trillion USD in revenue. It is also a highly centralized industry where a few powerful platforms control the user data, content, marketplace and dictate the terms of business. This leads to an inefficient ecosystem that marginalizes both consumers and businesses.
This paper outlines the case for the development of the Marco Protocol a next-generation travel protocol that connects all consumers and businesses to a distributed smart network for data, content, and transactions. Consumers can own their digital identity, transactional data and receive compensation for the content they create and the data that they disclose.
A total of 1,000 winners will be randomly selected to win 1,000 MRC each.
Become a Host
You can present your place on Marco application and you will be able to use the app to rent out your places like your house or apartment.
How Marco app works
Marco Airdrop application is a Peer-to-Peer app and online marketplace that connects people who want to rent out their homes with people who are looking for accommodations in that locale. Payment method in Marco app is fascinating, because you will pay/get the rent by cryptocurrencies. For hosts, participating in Marco is a way to earn some income with crypto from their property and for the guests, the advantage can be relatively reduce their costs during their trip.
You are just a few clicks away from knowing your host, read past guest reviews, and more detail about cancellation options. You can pay by BTC, ETH, USDT, and MRC on the Marco app.
Set to Go
Connect with your host via the app for local recommendations, questions, and advice. You may also reach out to Marco’s customer service at any time for extra assistance.
Problems in the Travel Industry
Despite being one of the world’s largest and oldest industries, global travel consumption is still rapidly growing, driven by emerging markets like China (Which contributed 21% of international spending in 2016), fresh demand by a new generation of travelers and technological advancements that make traveling easier and more accessible.
Marco Airdrop industry is plagued by monopolized interests and a centralization problem. A few powerful middlemen in the market effectively dominate the data, content, and traffic and have created a lucrative business model in monetizing them. While such centralization may have brought about certain efficiencies, it has also led to the creation of a bottleneck in relationships between businesses and consumers, a great many of which have become one-sided in favor of the middlemen.
Monopolization of the Middlemen
Over the past two decades, built on the revolution of the internet, Online Travel Agencies (OTAs) started to aggregate accommodation, transport, and experiences, selling them to consumers online. Through a series of mergers and acquisitions, a powerful few conglomerates now control between 60-95% of the market.
The largest online travel agency (OTA) in the western world is Booking Holdings (Previously called Priceline Group), which owns travel aggregators and metasearch engines like booking.com, priceline.com, agoda.com, kayak.com, rentalcars.com, and opentable.com. In 2016, consumers booked 556 million room nights and rented 66 million cars on their platforms.
The Marco Solution
Marco Review opportunity presents itself with the emergence of blockchain technology to truly disrupt the highly centralized travel ecosystem of data, content, and transactions, to solve the problems described in the previous chapter. The goal is to create the Marco Protocol, a universal protocol layer for the travel industry.
Marco will provide a smart-contract-based protocol that connects all consumers and businesses in the travel industry on a decentralized travel ecosystem that incentivizes content creation, transactions, and consent-based sharing of user data.
It gives control back to the user over his/her identity, data and content IP provides businesses with a direct and transparent channel to conduct transactions and collaborations, and empowers all 3rd party travel companies to create their application logic and token economics.
Key Value Propositions
Incentivize Content Creators
To kick-start the ecosystem, they will first need to address user traffic. Some of the biggest traffic owners in today’s internet world are content websites and apps such as Facebook, Instagram, YouTube, Pinterest, and TripAdvisor. Research proves that good, relevant, and abundant content is the most effective way in attracting user traffic. Users are always in need of quality and relevant travel and lifestyle suggestions for hotels, restaurants, bars, retail, and activities. Content creators will play a vital role in the development of the Marco ecosystem.
A key aspect of the Marco ecosystem is a content platform with a decentralized incentive mechanism. Marco will use its part of the token reserve and annual supply of new tokens to incentivize content producers to generate location-based content. Content creators will be fairly rewarded for their creations, which will be determined by an up-voting mechanism. Content on other existing platforms can also be easily migrated to Marco.
Give Data Ownership Back to Users
Each user will have a complete user profile that includes transactional history and live purchase data across all vendors in the ecosystem, which will be stored on the blockchain. Users can securely own and control their user data and opt-in to monetize it for product recommendations and direct marketing from businesses.
Travel businesses can now pay for access to user profiles, engage in consent-based direct marketing with customers as well as promote transactions, and rewards loyalty through the use of Marco tokens. All these can be done without the middlemen. Smart Contract feature will be the means of engagement between consumers and businesses.
Zero Commission Market Place
Marco Airdrop provides a decentralized and commission-less infrastructure between vendors and consumers to engage in transactions of goods and services. Vendors can manage their inventory and pricing, and consumers can use tokens to make direct purchases. This will provide significant savings for the vendors (vendors typically pay 15-25% commission to centralized platforms) and re-align incentives in the ecosystem. Transacting with tokens will also save on the various transaction costs associated.
What is Marco (MRC)?
Marco Token (MRC) is hosted by Binance Smart Chain, and its sole purpose is to function as a form of currency, storing value over time and allowing businesses to account for and pay for services. MRC is a functional utility token and a digitally encrypted virtual currency that is used as a unit of exchange on Marco. The Marco.Travel platform’s native cryptocurrency, MRC token, is at the core of both current and future use cases pursued by Marco.Travel. With MRC, the desire to use Marco.Travel grows even greater because it offers additional benefits and increased user interaction.
Marco can be used not only to incentivize content, but also as a means of trade for actual products and services, as well as a variety of other use-cases that ecosystem participants can come up with. MRC is the ecosystem’s currency, which can be used by travel companies and third-party developers.
Via the use of Marco tokens, travel companies can now pay for access to user profiles, participate in consent-based direct marketing with consumers, promote transactions, and reward loyalty. All of this is possible without the use of middlemen. Consumers and businesses will be able to interact via the Smart Contract functionality.
Venues can use MRC to engage and reward content producers for creating content about their venues. Businesses may use MRC as the base currency for their loyalty and incentive program, offering more meaningful consumer benefits and the ability to redeem through various vendors in the Marco ecosystem. Use Marco Token amd benefits more.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.