Triphop
A social travel and rewards platform, Triphop has launched a cryptocurrency travel program that incentivizes hotel guests to share their experiences on social media in return for exclusive benefits such as complimentary room upgrades, in-stay benefits, and the startup's own Tripcoins. So how does it work, and how does it benefit the traveler and the vendor? Triphop reduces the ordinarily high commissions hotels pay to online travel agencies (OTAs) by encouraging guests to book through its platform and then promote hotel properties to their social media followers. The company is trying to create a win-win situation, driving direct traffic to hotels while rewarding guests with exclusive benefits and its Tripcoin cryptocurrency. While it is blockchain-based, Triphop operates like a traditional rewards program.