Appendix

  • Sustainable travel: a responsible and eco-friendly form of tourism that promotes environmental, social, and economic sustainability.

  • Blockchain: a decentralized and secure ledger technology that enables transparent and tamper-proof transactions.

  • Cryptocurrency: a digital asset that uses cryptography to secure and verify transactions and control the creation of new units.

  • Platform: a digital infrastructure that enables users to access various services and features.

  • Incentives: rewards or benefits offered to users to encourage specific actions or behaviors.

  • Whitepaper: a detailed and comprehensive document that outlines a project's goals, features, and technical specifications.

  • OTA: Online Travel Agency, a platform that enables users to book travel-related services online.

  • NOTA: Next-Generation Online Travel Agency, a decentralized and blockchain-based platform that enables peer-to-peer transactions.

  • Decentralization: the process of distributing power and authority away from a central authority or control.

  • GDP: Gross Domestic Product, a measure of the economic output of a country or region.

  • Decentralized payment options: payment methods that enable secure and transparent transactions without relying on a central authority or intermediary.

  • Smart contracts: self-executing and self-enforcing digital contracts that automatically execute and enforce the terms of an agreement.

  • Green-certified: properties that have been certified as eco-friendly and sustainable by recognized organizations.

  • AML (Anti-Money Laundering): regulations aimed at preventing the use of illegal funds for financial transactions.

  • KYC (Know Your Customer): process of verifying the identity of customers to prevent fraud, money laundering, and other illegal activities.

  • Revenue: the total income generated by a business or organization.

  • Booking commission: a fee charged to hosts or property owners for each booking made through a platform.

  • Fee: a charge or cost associated with using a service or platform.

  • TAM: Total Addressable Market, the total potential market for a product or service.

  • SAM: Serviceable Available Market, the portion of the TAM that a company can realistically target and serve.

  • SOM: Serviceable Obtainable Market, the portion of the SAM that a company can realistically capture.

  • Token burn mechanism: a process of reducing the total supply of a cryptocurrency by permanently removing tokens from circulation.

  • Staking: a process of holding and locking up cryptocurrency tokens to support the operation and security of a blockchain network and earn rewards.

  • DAO: Decentralized Autonomous Organization, an organization that operates through smart contracts and is governed by its members.

  • Tokenomics: the study of the economic and financial aspects of cryptocurrency and token systems.

  • Roadmap: a plan or strategy outlining the goals, objectives, and milestones of a project or organization.

We hope this list helps you understand some of the key terms and concepts related to our product. If you have any further questions or would like additional information, please don't hesitate to contact us.

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