People around the world decide on destinations and hotels without any information other than that provided by the website and online reviews. In our opinion, there is still a place for an app that provides a place for all of those people to share their experiences and offer guidance for others who may be considering those travel options. There is still an opportunity to fix unreliable reviews and zoom in on recommendations by friends. Not just strangers on the internet.
Most people use and will continue to use apps like TripAdvisor and Instagram to find new places to live life. Over the past decade, we ended up with a top thousand of hotels & restaurants we would want to experience. We have been running a site that showcases them and we have build up a community of seventy thousand followers, not sure they are all real fans but they at least "liked" what we do.
However, when we actually visit a destination we researched extensively, we often have no clue which places to try first. We fall back on free apps like Google Maps or TripAdvisor, well knowing that because they are free, we are the product and they sell all of our data to advertisers. No bad feelings about that, that's just the way their business models work. We choose to let Instagram fuel our fear of missing out while teasing us with too-good-to-be-true lifestyles. That's fine.
But, all of them failed on us to do one simple thing: see all the nearby places that we and the people we follow have featured on our social media accounts. None of those apps help us discover these places when we are actually there. Imagine these places showing up only when you visit that area. Unlike Instagram, they only become visible when you are nearby by these recommended places. None of those apps made it easy to remember what is nearby and how to easily call to make a reservation. As we assumed there must be a way to avoid building an app to do exactly this, we downloaded pretty much every single travel app, hundreds of them, to verify if there was already a solution out there. In short, nope, none. Ok, maybe one or two, but none that gave us the user interface or experience we want.
Dedicated to the vision of web3, we are buidling a mobile app owned and governed by the contributors and users. A privacy-first location-based app, to publish, explore, and share places to Live The Life.
Through personalization, Netflix serves up “what to watch,” Amazon “what to buy,” and Spotify “what to listen to”, so what if our long-term value prop is knowing your favorite places well enough to offer “what to do, where to go and who to do it with?” Shaka Places will be the first privacy-first location-based dapp to share magic places and reward content, code & design.
Every upvote, like button, star, follower etc is powered by an underlying token and creators can participate in the DAO. We will develop software owned and governed by the contributors and users.
A decentralised application for users to:
- Never forget a place again. Save your favorite places on a digital map.
- Always know where to go. Users can discover their friends’ maps.
- Find a multitude of maps carefully made by our ambassadors.
If you have found something unique or your trip was so unforgettable, you can easily share it with your friends on social media, but what happens when, many months later, they actually end up visiting that place, will they remember that incredible restaurant you posted on Instagram, and if they do, will they know where to find it?
Social media rely on content creators for the value their platform provides, though they rarely receive rewards for it.
We change the user experience by surfacing content on your timeline, based on your current location. A platform for travel-loving creators to upload original content can be beneficial to those considering a vacation — while being rewarding for storytellers.
The app could distribute tokens to content creators proportional to the amount of content they contribute (example: number of likes their photos got each week).
Every upvote is powered by an underlying token and early customers who help build and test drive the app are actually going to participate in the upside. Owning these tokens makes you a member and lets you participate in the DAO.
Incentivise anyone using the app to travel to a location, and get rewarded for spending quality time and inspire other people to LTL.
How will customers and/or users find out about you?
The most efficient and effective marketing is our own product, plus happy customers, plus recommendations. Leverage existing social platforms for discovery & distribution, while giving a compelling enough value proposition so that power users move to a narrower, premium community like ours.
How big an opportunity is there?
Curating maps for one group of people at a time. Example: the global surfing industry, including travel is on the order of $10 billion per year with 50 Million surfers. Soon, we will tap into any passionate community (ski, yoga, wine, etc ...)
How does a token capture the value?
Experimentation and iteration will be required to optimize the model and establish best practices. The principal innovation of crypto networks is their ability to grow network effects by enabling users to share in the value they create. With each new database entry, or user, our app becomes more valuable to each individual user, generating a network effect. We have the unique opportunity to redistribute that value directly to the users who generate it. Designed correctly, an effective distribution of a fee stream can further entrench network effects by giving our users a direct economic incentive to contribute, generating more defensibility, which in turn, reinforces the viability of the fee stream in the first place.
A membership protocol, built on a blockchain can enable creators to monetize their content. Contributors can earn governance rights and fees. Readers can subscribe, which also grants them profit share and governance ability.
The wallet will be able to provide access to turn-by-turn routing, travel guides, and hotel bookings. The wallet embedded in the app will allow users to store value and earn yields. Users can also use the wallet to exchange funds, send money, and get cash back on transactions made through the app.
The app lets you reward each other with tokens of appreciation, where each “like” automatically transfers a token to the content creator. Tokens are used to support and thank users, for curation, and bonding curves. The six-digit PIN, is used for critical features like signing in, authorizing session keys, and wallet recovery. Each user is represented by a Gnosis personal multi-sig on layer 2, to manage the ownership of their tokens.