GOeureka

I met this team personally at London Investors event. They were solid in presenting the concept.
I liked the idea and their MVP.
Hotel booking has a valid usecase of Blockchain.
Great social media presence with a great set of Medium articles.

Good team.
Great vision. Huge market.
MVP available - it's good.
Need to have more strong team and experts
Need add Medium and PR for your project.
KYC verification - passed. It's very good

Being a traveler myself, I love their vision. Hotels and travel booking platforms have always gotten away with charging what they could. But if Goeuraka can do what they have set out to, I think it will be a very big win for the travel industry in general.

MVP is easy to use and functional.
This team is excellent but compact against the scale of the project.
The market is huge, but with the advancement of technology the language barrier is collapsing.
And users of blockchains enjoy those technologies for the foreseeable future. Many of them will contact the hotel directly in the future.
Also, there is no clear description of credit card companies that can be used.

Travel and booking is a real usable market referred to a B2C target, I appreciate and I personally believe that is a good point to accept cryptocurrencies as method of payment, good luck!

Looking at the industry this project is penetrating, it surely is huge.

The challenge comes in two areas. Adoption and blockchain utilization.

The hotels as a business should benefit by the transparency of its clients the same way a the client should benefit by the discounts provided.

The team am sure it will expand with proper funding so am not really concern with that at the moment.

The MVP makes it more legit.. all the best

Indeed, industry of tourism and travel and therefore online booking is huge and growting. From one side, blockchain will throw out middleman in this field, from other - there are huge "middelman" brands like Booking.com etc, that own significant part of market and also can transform in blockchain-based companies, when regulation will allow it without significant legal risks.

So, here I can point out some clearly seen risks for this project:
1) Big competitors with huge customer base (hotels and customers, both)
2) Low crypto adoption rate for ordinary customers/hotels management
3) Big competitors from point 1 can became "tech evangelists" for hotes/customers, teaching them how to use crypto and related tech, introducing their loyalty points, this is not so complex

So, as I understand, you making booking.com in 2018 with crypto-loyalty system. It is very complex to reach out to market. But of course all is in hands of team.

Besides this, I have some questions about token economy. There is mentioned silver, gold etc status with discounts. But of course, discounts are made not by platform, discounts are made by end service providers (hotels). Is hotel from USA interesting in making significant discounts to customers, that earn their points/status in UK hotels? This will be not reward for loyalty in concrete hotel brand/group, but it is reward for all platform usage.

And also I didn't find any information about GO debit card issuer, mechanism of working with cryptocurrency exchanges, supporting liquidity etc. This is also very important for project success because it provides adoption.

Best regards for GOeureka,
Vasily Sumanov

Nice team involve in a massive business related to people real needs. Probably another approaches going on in the field but for sure a global and interesting iniciative. Waiting for next steps

A solid hotel booking platform on the blockchain to skip the middle man is long needed, but competition is stiff - so reducing the cost is ok for providers, whats the offer for consumers to jump on your platform?

There are some other projects that have a more global vision and team and with a more focused product and global partnerships may be able to scale faster.


This is no recommendation or investment advice. You are likely to lose your money when investing in ICOs or crypto.

Team : looks awesome with lot of experience and experience in industry.

Vision : One of the best project if realised. The hospitality industry needs this.

product was awesome found easily on website.

only issue the amount they are raising.

VISION: Cutting out the middleman in the hotel industry is an excellent use case for the blockchain. However, the competition in this sector is high so marketing and branding for this project need to be strong. 4/5

TEAM: The team is fairly small but appears to have experience in the industry which is reassuring. A strong board of advisors. 4/5

PRODUCT: The whitepaper is well-developed with a detailed section on how the project will be marketed which is important in such a compeitive industry. The MVP is available to use. 4/5

This is not an invitation to invest. ICOs are risky and you may lose everything you put in.

Absolutly nothing new on market. whats the offer for consumers to jump on your platform? Whoever wants to save money can use hotel direct booking website. No details about card issuer, FAQ SECTION DONT WORK on website

The team seems small, but well experienced. The project and overall vision seems like a great idea!

The ability of spending cryptocurrency for goods/services is always a plus for the community as a whole.

Not sure if giving away free hotels for life is a good use of the publics funding. Idea is simple and doesn’t seem to have many barrier to entry for competition.

Per the website, they already have hotels lined up, so I’d be open to trying it out once the platform is fully functional.

Ratings are not endorsements or financial advice of any kind. Always do your own research before investing, especially in ICOs.