avatarAlexandros Roumpos

Summary

The website content discusses the Locktrip cryptocurrency project, which aims to disrupt the travel industry by offering lower commission rates through the use of blockchain technology, and its transition from an Ethereum-based token (LOC) to its own Hydra blockchain token (HRC), with an ongoing airdrop where LOC holders can receive Hydra tokens.

Abstract

Locktrip, a cryptocurrency project initiated in 2017, has been working towards revolutionizing the travel accommodation industry by eliminating middleman fees. The project introduced an Ethereum-based token, LOC, and later developed its own blockchain, Hydra, to further its goals. Hydra blockchain not only supports Locktrip's operations but also allows others to create tokens for various tourism-related services. The project has entered a new phase with an airdrop event, where LOC token holders are rewarded with Hydra tokens at a rate of 0.6 Hydra for each LOC. This initiative incentivizes community participation and investment in the Locktrip ecosystem. The article also provides guidance on how to acquire LOC tokens, participate in the airdrop, and potentially benefit from staking Hydra tokens with a high annual percentage rate (APR) of 177%.

Opinions

  • The author has been an active participant and supporter of Locktrip since its ICO stage, demonstrating a strong belief in the project's potential.
  • The author expresses satisfaction with Locktrip's progress and its successful transition to the Hydra blockchain.
  • By providing a personal anecdote of earning 400 LOC through network testing, the author implies that active community engagement can be rewarding.
  • The author suggests that the current financial value of the Hydra airdrop is significant, using their own holdings as an example (2720€ for 400 LOC at the time of writing).
  • The author endorses the use of the

A cryptocurrency that is giving you money

Free money from Locktrip, and Hydra token airdrop.

Photo by 金 运 on Unsplash

It all started in 2017 when Locktrip have made the ICO( initial coin offering) raising money to make a huge difference in the accommodation and traveling industry.

I have been with them from the beginning, buying from the ICO state and participating in some testing with reward. ( Later on this)

The purpose of the company is to cut the middle man in the industry, allowing hotels to offer a better price because their commission is far lower than others ( Booking).

So people can book cheaper. You can visit the marketplace here and check it out.

So far they have delivered what they have announced.

The token they use is LOC and it was built on Ethereum blockchain, an ERC-20 token. While starting to develop the marketplace they have decided to build their own blockchain. Hydra blockchain was born.

They give the community the opportunity to participate, testing the network. I have participated and after installing the wallet and running it for 3 months, making some transactions to test the strength of the network, I got another 400 LOC. (The price was 0,4€ so not a big deal)

I never sold it because I have faith in it.

After the test time was over the result was successful. Hydra blockchain is working perfectly. Now the LOC token has been changed in a Hydra token, an HRC token.

Hydra blockchain is giving the opportunity to anyone to create his own token and make it work on the blockchain. Everything that is about traveling and accommodation and tourism is a good fit. For example, you can make a token about rent a car or diving or extreme sports. Of course, you should have a working product.

Let’s go to the point now.

Most cryptocurrencies are facing the problem of gas for transactions (fees). When the price of the coin is rising the same occurs to the transaction fee. Solution: develop another coin that will be used for the transaction.

The same approach is used from Locktrip, and the Hydra token is born. And where is the money you promised? Right here right now. For each LOC you have, you will get 0.6 Hydra.

When this article is written One LOC is worth 6.8€ and one Hydra 30.4€. Do you remember the 400 LOC? Just give me a moment to multiply 6.8*400=2720€. Not bad,e? Thank you Locktrip.

What you need to do, is go to KuCoin exchange, buy some LOC and then transfer them to the Hydra wallet. The airdrop has a duration of 50 weeks and each week you have the LOC in the wallet you get 2% of the total HYDRA coins.

Additionally, you can stake the coins and get more tokens. The APR is about 177%. Have in mind that the wallet must be running 24/7 to get the rewards from staking, but for the airdrop, you can close your computer and have nothing to worry about.

For more details about the airdrop, you can look here( Medium article) and here. Additionally, you can find all the information about Locktrip here ( Medium publication). To visit the marketplace and see the platform click here.

Of course, don’t hesitate to ask me in the comments about anything.

Cryptocurrency
Crypto
Money
Investing
Locktrip
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