TrustaBit

TrustaBit

Early Stage

Service Industry Social Platform

Service Industry Social Platform

Overview

Raised this Round: Raised: $17,081

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/25/2018

Close Date

10/23/2018

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$7,000,000

Year Founded

2018

Industry

Travel and Hospitality

Tech Sector

Location

Aliso Viejo, California

TrustaBit is the new platform that wants to help you find a bit more trust when it comes to traveling. They plan to use blockchain technology to automatically issue vouchers to passengers when flights are delayed, overbooked, or cancelled. This way, they will “mobilize the traveling customer” while also helping travel brands achieve brand loyalty. TrustaBit will work directly with airlines to remove any burden from traveler. Once the flight is cancelled, TrustaBit’s smart contracts will be activated via blockchain and send an email with a voucher out to all impacted consumers. The customer’s frustrations are alleviated, the airline stays compliant, and everyone benefits. TrustaBit is currently in the seed phase. They have a prototype of the web application complete, and the blockchain network and tokens are currently pre-prototype. This campaign will help them complete their blockchain implementation.
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TrustaBit on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,000,000
Price per Share: $1.00

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