TrustaBit

Early Stage

Service Industry Social Platform

Analytics

Raised to Date: Raised: $17,081

Aggregate Commitments $

Platform

StartEngine

Start Date

05/26/2018

Close Date

10/23/2018

Min. Goal

$10,000

Max. Goal

$107,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Pre-Money Valuation

$7,000,000

Rolling Commitments $

Status
Funded
Reporting Date

10/31/2018

Days Remaining
Funded
% of Min. Goal

171%

% of Max. Goal

16%

Likelihood of Max
Funded
Avg. Daily Raise

$114

# of Investors

47

Momentum
Funded
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Location

Aliso Viejo, California

Industry

Travel and Hospitality

Tech Sector

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

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