Transforming the Travel Ecosystem with Blockchain!

A Blockchain-based payment and settlement platform for the travel industry, transforming how companies in the travel ecosystem interact with each other and their customers.

Pre-sale starts in

Autonomous Smart Travel Ecosystem

Further's disruption starts with Autonomous Smart Travel Ecosystem where any asset provider from small to large, Airline to Hotel or Tour Provider would be able to create their own assets, create their own modifiable services and publish them using their own smart contract and get real time payment throughout the system using blockchain and cryptocurrencies.

We will begin with tokenization of current assets from proprietary systems and for easy settlement and payment and continue with identity sharing and ultimately achieving a fully integrated set of systems with blockchain which will directly tokenize the assets without any midware.

Problem

Travel is one of the biggest industries in the world with a global economic contribution of 7 trillion U.S. dollars in 2016. But the process of customer booking is based on the rules that were set more than 40 years ago. Even with the arrival of e-commerce, the standards didn't change to reflect the needs of a digital-era consumer. This is why you are having a badly designed experience with not many options to suit your needs when you travel.

Further Network's token, Aton, is a Stellar based token. Further Network will issue a fixed amount of 7.000.000.000 Stellar tokens in the name of Atons when establishing it's ecosystem. Central parties including Further Network will not increase the number of Atons in the Further Network Ecosystem by issuing more of them at later times.

Settlement Currency

Institutions perform the settlement process in real time by using Further Network Platform.

Payment Currency

An end user will be able to buy tickets or make reservations from all available product issuers within our network (Airlines, Travel Agencies, Hotels, etc.) using our wallet.

Transaction Currency

ATON is the fuel for Further Network just like Ether in Ethereum. When an institution makes any transaction, issuing ticket,selling ticket or do anything else on the blockchain, it must make a payment for transaction cost of that process. Further Network will collect a transaction cost in Aton.

ICO
In our token distribution model %60 of all tokens (4.2 Billion) will be distributed in our ICO to the public to be a part of this project.

Founders&Team (%16.5)
This amount will be used for incentivise the founders and team members for the project.

Ecosystem Development (%15)
This amount will be used for building an ecosystem for travel industry and parties will be the not limited but extend by Airlines, Travel Agencies, Hotels, Car Rentals, Airports, Ground Service Providers etc.

Incentive Campaigns (%2)
This portion will be allocated to reward early adopters, airdrops, ambassador program and etc.

Advisors (%3.5)
We will incentivise our advisors for helping us the build this ecosystem and platform.

Bounty (%3)
This amount will be used for the bounty program. We would like our contributors to feel themselves as a part of our project.

Tokenomics (Price)

We are planning to offer our token in 4 stages: Private sale, Pre-ICO, ICO and exchange offering.

We aim to collect 12.500.000 USD to develop our Billing, Settlement and Payment platform with first three stages of our ICO.

1 Aton = 0,02 USD

350.000.000 Aton Available

Percentage to Total Token % 5

Minimum Digital Currency Transaction Amount

1.000 USD

Maximum
250.000 USD

Minimum Fiat Currency Transaction Amount

5.000 USD

Maximum
250.000 USD

Currency accepted
XLM, BTC, ETH, BCH, LTC, DASH, USD

 

1 Aton = 0,02 USD

350.000.000 Aton Available

Percentage to Total Token % 5

Minimum Digital Currency Transaction Amount

-

Maximum
50.000 USD

Minimum Fiat Currency Transaction Amount

1.000 USD

Maximum
50.000 USD

Currency accepted
XLM, BTC, ETH, BCH, LTC, DASH, USD

In ICO, we will offer Aton over our website.

Revenue Model

Further Network’s fee structure will reduce transaction costs especially for airlines in travel industry.

Our revenue structure is based on fixed transaction fees as opposed to the present airline solutions which base their transaction fees on Global Distribution System (GDS) and International Air Transport Association (IATA) billing, settlement & payment (BSP)

GDS fees put a pressure on most of the airlines because of its high rate (i.e. 4-14 USD per segment and money collection cost as a %2 of total Transaction). Airlines will be relieved of the high costs by moving to Further Network's Settlement and Payment Platform.

Reservation & Ticketing

Fixed Fee / STR

No additional distribution or clearance cost.

Ticket Changes

Fixed Fee / Transaction

No additional distribution or clearance cost

Billing & Settlement

Fixed Fee /per Transaction

Real Time Payment & Minimum Currency Exchange Loss

Peer to Peer Sales

%10 / Ticket Value*
(%7 of %10 be shared with Operator Airline)

Other Use-cases

LHR

London

NRT

Tokyo

3H47M242407

The ticket should be more than just a manifest of flight information. It must be customizable or even personalizable for traveler’s needs and preferences. With Further Network's unique technologies travelers will be able to change, sell, add options and customize their tickets. Moreover it will not be a simple ticket anymore but Smart Travel Record, a Further Network technology.

STR, Smart Travel Record; a smart token, unique Further technology consisting of necessary data for flight, hotel or any other reservation or any other travel product. STR will help solve the issues of settlement and payment using Aton, our digital currency. STR would also bring more structured data and automation to the operational usability for vendors to offer their travelers specific rule sets.

Advisors

Kyle Wang

IBM
Consultancy

Erol Lengerli

IBM & KPMG
IT Audit

Prof. Dr. Güner Gürsoy

Okan University
Corporate Governance

Tuna Çakırca

Chadbourne & Parke - Kinstellar and White & Case
Legal & Law

Mete Varas

Reidin & Zingat
Entrepreneurship

Joakim Everstin

Sabre
Travel Tech Evangelist

Anuj R. Khanna

Peak State
ICO

Kaan Sarıaydın

Morgan Stanley
Finance & Trade

Brenda Anichini

Kenya Airlines
Airline Quality

Maurizio Anichini

IATA
Ground Service Providers

Zafer Sönmez

Khazanah & Sabiha Gökçen Airport
Finance

Team


Kadir Özgür Oğuz
Co-Founder & CEO
Lecturer in Aviation Management

He began his career in Turkish Airlines in 2000, he is a Part Time lecturer in Aviation Management Department of Istanbul Commerce University for the last five years.

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As Managing Partner of Seven Gates Interactive Technologies he leads Software Product & Consultancy Services, Business Development & Sales departments and works as a Part Time lecturer in Aviation Management Department of Istanbul Commerce University for the last five years.

He began his career in the travel industry with Turkish Airlines in 2000 where he held variety of operational and management positions including Process Engineer, Project Leader Internal Auditor and Training Manager based in Istanbul. He was also member of IATA Load Control Work Group and Airline Messaging Work Group between 2008-2012.

He received his master’s degree in business administration at Maltepe University and his first bachelor’s degree in Electronics from Marmara University and second bachelor’s degree in Economics from the Anadolu University.


Erdem Üney
Co-Founder & CTO

During his work life he has worked in different sectors from event/concert organisations to developing web applications & sites and starting an online music magazine.

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As Managing Partner of Seven Gates Interactive Technologies he is the head of all development and IT. He currently leads the technical and functional teams of the projects. He also leads and contributes the R&D efforts of Seven Gates.

He began working at the age of 15. During his work life he has worked in different sectors from event/concert organisations to developing web applications & sites and starting an online music magazine. Completed his B.Sc. in Meteorological Engineering at Istanbul Technical University in 2005. Completed M.Sc. in Computational Science and Engineering at the same university in 2010. Founded an import export trading company at 2008 and exited at 2011.

Co-Founded Seven Gates at 2012, in order to pursue his dreams of technology development. He is also a member in Turkish Informatics Foundation.


Gökhan Koç
Co-Founder & CIO

Award Winner 17 years experience as a Leading developer, software development manager and entrepreneur.

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Cem Ersözlü
Co-Founder & CCO

15+ years of experience in UI/UX design and creative works spanning from Tokyo to Istanbul

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Eser Sevim
Co-Founder & Business Dev. Manager

He has an experience in Trading Platforms, Financial & Investment Training, Business Development, Payment Kiosks and Digital Marketing.

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Alper Türktaş
CMO

Digital Marketing Strategist with more than 15 years of experience in online communications and new media technologies.

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Gökhan İşci
Airline Analyst

He began his career in the travel industry with Turkish Airlines in 2008.

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Mehmet Duran
Lead Backend Developer

Mehmet Duran is a software consultant who worked on many award winning projects including Nike, Bing Maps and GOV.UK, with a wide area of expertise on developing software and products for finance, government and technology startups.

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Çağdaş Tatlıcı
Research Team Lead

Çağdaş is a developer, manager and entrepreneur with experience in finance, e-commerce and marketplaces.

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Armağan Can Ercan
Community Manager

Armagan is a Social Media & Community Manager with a 6 years of professional experience.

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Partners

Contact us

[email protected]