This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.
This is revision number 1, signed May 22, 2023 by rGG872YXwmsxkercxBbBpYwPkCutPrWPLk
Description: Jourvoy is a XRPL-powered platform that aims to democratize travel and make it accessible to everyone. Our project is driven by the belief that everyone deserves the opportunity to explore the world and create unforgettable experiences.
By leveraging the power of blockchain technology, Jourvoy eliminates the middlemen, reduces costs, and enhances transparency in the travel industry. Our platform connects travelers directly with service providers, cutting out unnecessary fees and streamlining the booking process.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
Jourvoy token (JRV) offers several unique selling points that set it apart from the broader landscape of tokens:
1. Purpose-built for the travel industry: JRV is specifically designed to cater to the needs of the travel industry, providing a dedicated token for seamless and secure transactions within the Jourvoy ecosystem. This focus allows us to tailor the token's functionalities and features to meet the unique requirements of travelers and service providers.
2. Enhanced efficiency and cost savings: By leveraging blockchain technology, JRV enables direct peer-to-peer transactions between travelers and service providers, eliminating the need for intermediaries and reducing associated fees. This streamlined approach leads to significant cost savings for both parties, making travel more affordable and efficient.
3. Global acceptance and accessibility: JRV is designed to be globally accepted, allowing travelers from around the world to use the token for their travel-related transactions. With the increasing adoption of cryptocurrencies and blockchain technology, JRV provides a convenient and accessible means of payment for travelers across various destinations.
4. Transparent and secure transactions: Built on a robust blockchain infrastructure, JRV ensures transparency and security in travel transactions. The immutable nature of blockchain technology provides a tamper-proof record of transactions, enhancing trust and mitigating the risk of fraud or data manipulation.
5. Community-driven governance: Jourvoy embraces a community-driven approach, giving token holders the opportunity to participate in the decision-making process through governance mechanisms. This ensures that the interests and voices of the community are represented in shaping the future of the platform.
JRV stands out as a token that is purpose-built for the travel industry, offering enhanced efficiency, global acceptance, transparency, and community engagement. With these unique selling points, Jourvoy aims to revolutionize the way people travel and experience the world.
Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?
The issuance of the Jourvoy token (JRV) serves a specific purpose within the Jourvoy ecosystem that is not achievable with existing tokens, including the native XRP token or other tokens in the market. Here are the key reasons for issuing a new token:
1. Customization for the travel industry: JRV is purpose-built to cater specifically to the unique requirements and dynamics of the travel industry. By creating a token dedicated to travel-related transactions, we can customize its features and functionalities to provide seamless, efficient, and tailored experiences for travelers and service providers.
2. Alignment with Jourvoy's vision and features: The JRV token is designed to align with the vision and features of the Jourvoy platform. It serves as the native currency within the ecosystem, facilitating secure and instant transactions for booking accommodations, transportation, tours, and other travel-related services. This alignment ensures optimal integration and functionality between the token and the platform.
3. Ecosystem incentives and rewards: JRV token enables the implementation of various ecosystem incentives and reward mechanisms within the Jourvoy platform. By utilizing JRV, we can offer loyalty programs, discounts, exclusive offers, and other benefits to incentivize user engagement, loyalty, and participation within the travel community.
4. Governance and community participation: The issuance of a new token allows for the implementation of community-driven governance within the Jourvoy ecosystem. Token holders can actively participate in decision-making processes, voting on proposals, and shaping the future development and direction of the platform. This level of community engagement is essential for fostering a sense of ownership and decentralization within the Jourvoy community.
While existing tokens like XRP have their own use cases and benefits, the issuance of JRV as a dedicated travel token allows us to tailor its features and functionalities specifically for the travel industry, align it with the vision and features of the Jourvoy platform, implement ecosystem incentives, and empower community governance. These unique attributes make JRV a vital component of the Jourvoy ecosystem, offering enhanced value and utility to travelers, service providers, and the entire travel community.
Whitepaper/sales material: https://www.notion.so/jourvoy/JOURVOY-9f78f1039649491aa6c802f6b4b08692
The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.
Risk reminder: The issuer has disclosed a warning or a reminder of the risks associated with crypto/tokens.
Bug bounty program: This is not applicable for this token.
The self-assessment is made on behalf of a legal entity (for example the issuer is a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).
Website: https://jourvoy.com/Website information: The website should disclose the following information:
- Details of the legal entity: official name and registry code, company headquarters mailing address
- Contact information: e-mail and other contact information
- Core team members
- Whitepaper if available
The website contains relevant information.
Business plan: A business plan should entail:
- the amount of revenue and expenditure by area of activity
- obligations related to the issuing of the token
- the technical administration of the company
- operational strategy
- the intended activities related to the token
- general principles of risk management and strategy of risk management
- policy for the financing of activities.
The issuer has developed a business plan for the next 3 years.
Risk assessment: A risk assessment should include identification of, assessment of impact and likelihood and mitigation measures and status of implementation for applicable risk scenarios.
The issuer has conducted risk assessment and implemented risk management activities.
Internal policies: Critical internal policies are necessary to manage risks.
The issuer has adopted and implemented appropriate internal policies and procedures in the areas of information security, business continuity, risk management and accounting.
Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.
The issuer has assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).
|Revision 1||May 22, 2023|