YatriPay is an ecosystem tailored specifically for Travellers. YatriPay project comprises technological and 'on ground' solutions curated to make travel easier and affordable. A fast, secure and scalable POS Blockchain fuels this model, while YatriPay's Staking platform enables users to invest and spend their YTP.
With various planned partnerships and integrations YatriPay looks forward to establishing itself in the roots of the tourism space. We look forward to building a community around our idea with the agenda of Crypto Awareness via offline and online campaigns.
The global pandemic COVID-19 severed the Tourism sector across nations. Economies where the most GDP share came from Tourism industry were totally devastated, millions of jobs and trillions of dollars were lost. Even if the pandemic is now approaching an end, this sector is still struggling to catch up with old numbers.
This is the time when this gigantic industry can use some help for getting back on its feet. Travel needs a boost while travellers need motivation as post COVID people's pockets are dwindling with inflation strikes.
YatriPay looks forward to bringing travellers and various businesses from the Tourism Sector into its ecosystem on a global level. The focus is on enabling payments with YTP for eliminating currency conversion costs. These payments would be processed by the YatriPay blockchain running on the eco-friendly POS consensus mechanism.
Under its concept of 'Learn, Earn & Travel', YatriPay will educate people about blockchain, provide them investment tools and then present them with options to spend their crypto.
1. YatriPay itself has an online travel portal for booking Hotels and Flights, these services will expand over time. On the other hand YatriPay is constantly working with Industry Players and is committed to deliver an offline network for Crypto Payments.
2. With YatriPay's online and offline reach, our community will be able to pay in YTP throughout most of their travel. Regardless of nationality, all those wanders out there will have a common mode of payment for their travel needs.
3. YatriPay's vision only would come true when it builds a strong community around its idea. Therefore YatriPay will educate people about the concept of Blockchain and Cryptocurrency via Crypto Awareness Program. Once Travelers are equipped with the right tools and knowledge, they will be able to get most of what YatriPay has to offer.
Ideas, traditions, cultures and sciences have traveled across this magnificent blue dot, and so has humankind. Travel has always been a major variable in advancement of civilizations as people have traveled across continents and oceans, sharing what they had and adapting what they came across.
If explorers like Columbus, Vespucci and Vasco da Gama had not gone on their expeditions, neither the land masses would have been discovered, nor would we have maps of seas and oceans. Rationally travel has helped us to reach where we stand today, and yet we want to travel further to Mars and space beyond. Travel has ensured survival of our species and we believe it should bloom more, spreading knowledge and experiences across our planet.
The YatriPay project strives to contribute to the journey of "modern travel" by modernizing payment ecosystems using blockchain technology. This whitepaper will walk you through how YatriPay plans to implement its idea of revolutionizing Travel & Tourism Space.
Continue reading about our vision by clicking the Download button below ....
YatriPay mobile applications provide you a seamless experience of YatriPay's services on your mobile phone. You can download the app from both Apple App Store and Google Play Store. A same account will be used across both Web and Mobile Application.
The Yatripay Team has already pre mined 35.56% YTP of the total supply and has plans to use funds in various progressive ways in order to bring growth to the project.
70% (3,236,275,000 YTP) | Locked |
---|---|
10% (4,623,250,00 YTP) | Put on Public Sale |
5% (231,162,500 YTP) | Put on Private Sale |
5% (231,162,500 YTP) | Allocated for Staking Rewards |
5% (231,162,500 YTP) | Allocated for Yatripay Team |
3% (138,697,500 YTP) | Used for Promotion |
2% (92,465,000 YTP) | Allocated for Advisors |
The Yatripay team plans to use the funds for various purposes, below is the account of how those funds would be used in order to support the network and the project itself.
1. Locked: Seventy percent (70%) of the pre-mine coins will be 'Locked' which accounts for 3,236,275,000 YTP. These coins will be unlocked after 2 years of 'Public Sale' and will be released quarterly at the rate of 5% over the next 20 quarters. This fund will be used in various ways to support the Yatripay Project.
Jan 2025 | 161813750 YTP |
---|---|
Apr 2025 | 161813750 YTP |
Jul 2025 | 161813750 YTP |
Oct 2025 | 161813750 YTP |
Jan 2026 | 161813750 YTP |
Apr 2026 | 161813750 YTP |
Jul 2026 | 161813750 YTP |
Oct 2026 | 161813750 YTP |
Jan 2027 | 161813750 YTP |
Apr 2027 | 161813750 YTP |
Jul 2027 | 161813750 YTP |
Oct 2027 | 161813750 YTP |
Jan 2028 | 161813750 YTP |
Apr 2028 | 161813750 YTP |
Jul 2028 | 161813750 YTP |
Oct 2028 | 161813750 YTP |
Jan 2029 | 161813750 YTP |
Apr 20292 | 161813750 YTP |
Jul 2029 | 161813750 YTP |
Oct 2029 | 161813750 YTP |
2. Public Sale: Ten percent (10%) of the pre-mine coins will be put on 'Public Sale' which accounts for 4,623,250,00 YTP. These coins will be offered to the general public through various platforms.
Dec 2022 | 462325000 YTP |
---|
3. Private Sale: Five percent (5%) of the pre-mine coins will be put on 'Private Sale' which accounts for 231,162,500 YTP. These coins will be unlocked after 6 months of 'Public Sale' and will be released quarterly over next 3 years. The Private Sale is meant to bring investment in the project through private investors.
Not Yet Decided |
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4. Staking Rewards: Five percent (5%) of the pre-mine coins will be allocated for 'Staking Rewards' which accounts for 231,162,500 YTP. Yatripay has its own Staking Platform available for both web and mobile, users can lock their funds for certain periods and earn rewards.
Dec 2022 | 231162500 YTP |
---|
5. Team: Five percent (5%) of the pre-mine coins will be allocated for 'Yatripay Team' which accounts for 231,162,500 YTP. These coins will be unlocked after 11 months of 'Public Sale' and will be released quarterly over the next 4 years. First five quarters will be released 2% and then 5% remaining quarters. This fund will help the Yatripay Team to expand and hence will bear the technical expenses of the project.
Nov 2023 | 4623250 YTP |
---|---|
Feb 2024 | 4623250 YTP |
May 2024 | 4623250 YTP |
Aug 2024 | 4623250 YTP |
Nov 2024 | 4623250 YTP |
Feb 2025 | 11558125 YTP |
May 2025 | 11558125 YTP |
Aug 2025 | 11558125 YTP |
Nov 2025 | 11558125 YTP |
Feb 2026 | 11558125 YTP |
May 2026 | 11558125 YTP |
Aug 2026 | 11558125 YTP |
Nov 2026 | 11558125 YTP |
Feb 2027 | 11558125 YTP |
May 2027 | 11558125 YTP |
Aug 2027 | 11558125 YTP |
Nov 2027 | 11558125 YTP |
Feb 2028 | 11558125 YTP |
May 2028 | 11558125 YTP |
Aug 2028 | 11558125 YTP |
Nov 2028 | 11558125 YTP |
Feb 2029 | 11558125 YTP |
May 2029 | 11558125 YTP |
6. Promotion: Three percent (3%) of the pre-mine coins will be used for 'Promotion' which accounts for 138,697,500 YTP. These coins will be available for bearing promotional expenses of the project, it would help us reach out among the masses and spread the idea Yatripay is built on.
Dec 2022 | 138697500 YTP |
---|
7. Advisors: Two percent (2%) of the pre-mine coins will be allocated for 'Advisors' which accounts for 92,465,000 YTP. These coins will be unlocked after 13 months of 'Public Sale' and will be released quarterly over next 4 years. This fund will help the project to hire skilled and seasoned advisors bringing valuable feedback and inputs.
Jan 2024 | 4623250 YTP |
---|---|
Apr 2024 | 4623250 YTP |
Jul 2024 | 4623250 YTP |
Oct 2024 | 4623250 YTP |
Jan 2025 | 4623250 YTP |
Apr 2025 | 4623250 YTP |
Jul 2025 | 4623250 YTP |
Oct 2025 | 4623250 YTP |
Jan 2026 | 4623250 YTP |
Apr 2026 | 4623250 YTP |
Jul 2026 | 4623250 YTP |
Oct 2026 | 4623250 YTP |
Jan 2027 | 4623250 YTP |
Apr 2027 | 4623250 YTP |
Jul 2027 | 4623250 YTP |
Oct 2027 | 4623250 YTP |
Jan 2028 | 4623250 YTP |
Apr 2028 | 4623250 YTP |
Jul 2028 | 4623250 YTP |
Oct 2028 | 4623250 YTP |
Nowadays people make use of Google and Youtube while carrying research about a possible place they would travel to. Metaspaces use AR and VR technology and the experience is very close to real life. Hence the end goal here is to let people see and feel a place virtually, this would add to virtual travel but then travellers can decide if they want to visit this place in real life. The end goal here is only to promote more travel using whatever digital means are available at our disposal.