💎 INTRODUCING ONYX ARCHES 💎

PRESALE ON GEMPAD

Onyx Arches's presale is just around the corner and is starting on the 1st of July at 00:00 UTC!

Mark your calendars and set your alarms.

Presale link: https://solsale.app/presale/2fE9FWuV7vcgMAR93UeDHSJ6vCd1GTGE5kDiCxxdVhCt

INTRODUCTION

Onyx Arches is developing an innovative booking platform designed to revolutionize the travel and hospitality industry. By integrating a wide array of service providers, including hotels, airlines, and travel agents, their platform ensures seamless and efficient booking experiences for travelers worldwide.

Vision

Onyx Arches aims to leverage decentralization and blockchain technology to address travel industry bottlenecks, revolutionize payment mechanisms, and enhance processes.

Significance

Onyx Arches offers transparency, security, and immutability, reshaping payment systems, fostering trust, and combating fraudulent activities in the travel industry.

PROBLEM STATEMENT AND SOLUTIONS

There's quite a few limitations and challenges faced by the travel industry, such as:

• High payment processing fees

• Settlement delays impacting cash flow

• Limited payment options for costumers

• Lack of transparency

• Vulnerability to financial fraud

• Complex and cumbersome reconciliation processes

• Difficulty in managing international currency conversions

Here are the solutions Onyx Arches has in place:

Architecture

Onyx Arches consists of multiple system components, including a decentralized payment gateway, smart contract layer, identity verification module, user interface, and integration with external travel services.

These components interact to enable secure transactions, identity management, and seamless user experiences within the platform.

Payment Gateway

The decentralized payment gateway provided by Onyx Arches ensures secure and instant transactions between travel businesses and customers. It leverages blockchain technology to enhance security, transparency, and efficiency, facilitating seamless and trusted payment experiences within the travel industry.

Smart Contracts

Smart Contracts are employed by Onyx Arches to automate payment settlements, ensuring timely and accurate transactions. They enhance transparency, minimize disputes, and enable features like loyalty rewards, dynamic market pricing, escrow services, decentralized reviews, and community-driven platform development.

Tokenomics

The token allocation for OXA includes tokens deposited by investors to the liquidity pool, which gets locked for 2 years. The demand for OXA primarily arises from its utility in travel services, holding benefits, staking rewards, and participation in loyalty programs, ensuring equilibrium in token buy and sell pressure.

Governance

The governance structure of Onyx Arches includes a decentralized approach, involving a tiered system based on user holdings, duration, and voting rights. A separate governance token (OGT) enables participation in decision-making, including proposals, voting rights, delegation, and incentive-based engagement, fostering an active and inclusive community.

FEATURES AND FUNCTIONALITIES

Partner Integration

Travel agencies, tour operators, car rental services, hotel chains, cruise lines, airlines, travel gear retailers, and other travel businesses can seamlessly integrate with Onyx Arches.

It enables them to accept payments by integrating Onyx's gateway APIs, simplifying the process, and providing a seamless payment experience for their customers.

Multi-Currency Support

Onyx Arches enables the acceptance of multiple cryptocurrencies and traditional fiat currencies.

This expands the payment options not only for customers but also for businesses.

This flexibility accommodates diverse preferences, broadens customer reach, and enhances convenience for an inclusive payment experience in the travel industry.

Instant Settlements

The near-instantaneous payment settlement provided by Onyx Arches eliminates delays, ensuring travel businesses receive timely liquidity.This streamlined process enhances financial stability, cash flow management, and operational efficiency within the industry.

Transparency And Trust

Transactions on the blockchain provide transparency, fostering trust between partners and customers. The immutable nature of the blockchain ensures that transaction records are verifiable, creating a reliable and transparent environment for the travel industry.

Loyalty And Rewards

Onyx's loyalty program incentivizes customers and maximizes the value of the OXA token.

It incorporates user-driven feedback and decentralization to offer exclusive benefits, discounts, and early access to new features.

Onyx Arches's token-based discounts, staking rewards, and flexible redemption options enhance customer engagement and token utilization in eligible travel services.

ROADMAP

Q1
Token development, back-end OXA platform launch, phase 1 marketing, and IEO launch

Q2
Major partnerships, phase 2 marketing, Certik Audit, and publication of full specification document for payment gateway

Q3
Development of Payment Gateway MVP, Solidproof Audit, expansion plan for userbase, and benchmarking document for customer reviews platform

Q4
dApp launch, card payment integration, the launch of a private membership club, and AI-powered personalized recommendations chatbot

Telegram: https://t.me/onyxarches
X: https://x.com/OnyxArches
Website: https://onyxarches.com/