Store which connects travellers with like-minded locals in new cities, and Pally Adventures, a community marketplace where visitors can immerse themselves in new cities through unique experiences curated by local hosts.
ICO Status: Finished
To satisfy the desire of millennials in a rapidly growing youth travel
market, Pally has built a community marketplace and ecosystem. The
platform allows access to experiences that are typically unavailable
to people when they are outside their city of residence, provided by
local experience hosts who know the given city inside-out. The Pally
ecosystem is encompassed by Pally Social, an iOS application that has
been available in the Apple App Store since April 2017 in public beta
and Pally Adventures, a community marketplace where visitors can
immerse themselves in new cities through experiences hosted by locals.
Pally Adventures is a Progressive Web Application that currently is
rolled out in beta in London, UK.
Get more information
1 seed round has previously been raised at a £2.5 million valuation.
ICO Pre Sale: $250,000
The Pally ICO pre-sale round will have 10 million PAL tokens for sale. The cap
will be at $250,000 with the price per 1 PAL being $0.025.
The pre-sale will be available for 21 days from August 25 2017 or
until the cap is reached.
Proceedings will go towards further development of Pally's
decentralised applications and global marketing ahead of the ICO
Our official ICO round will have 50 million PAL tokens for sale, with
the cap for the ICO having been set to $3,750,000. The price-points
through the coin offering will be:
Week 1: 1 PAL = $0.075
Week 2: 1 PAL = $0.080
Week 3: 1 PAL = $0.090
Week 4: 1 PAL = $0.100
The ICO Token Launch will be available for 28 days in October and
November 2017 or until the cap is reached.
|ICO token Distribution:
10% pre sale
20% Pally Reserve Fund to inject to economy incrementally to users
20% Development team and stakeholders
100 million PAL Tokens
PallyCoin will be available to acquire through the major
crypto exchanges after our ICO.
- Within the Pally ecosystem to pay for experiences
- To motivate locals to use. They can earn PallyCoins through
engagement with other users which they can then themselves use on the
- Host acquisition through Miners who will be paid in PallyCoin
- 6 month Super Pally Host rewards to the most active and (by
the community) highest rated hosts
|Currently, no other travel experience start ups employing blockchain
Centralised competitors: Airbnb Experiences, Couchsurfing, Vayable
Why a decentralised model is better:
* They take a large cut of every transaction, which in turn results
in much higher end-user prices, meaning that the margins benefit a
third party who does not play a direct role in the experience.
* There is tight control on the supply and pricing of their
experiences in order to sustain high revenues. This model incentivises
expensive and provider-centric city experiences as opposed to
affordable experiences that focus on quality and on the community.
* There is no incentive and no direct involvement for the user base
and the public to help improve the platform.
Initial Coin Offering
|ICO Launch: |
Pre sale start: August 25th
ICO start: October 15th
Pre sale end: September 15th
ICO: November 30th
ICO Tradable on Exchanges since:
still not tradable
|Notting Hill, London, United Kingdom|
Team behind Pally
Co-Founder and CEO
With years of FinTech, digitalisation and technology consulting experience as well as an academic background in Behaviourism and Information Technology at world leading universities, he brings a determined mindset, a hard-working attitude and a multicultural understanding to Pally.
Co-Founder and COO
Over the last two years, Afiola has delivered multi-million pound innovation projects leveraging cloud solutions at various large companies. After leaving Durham University, he worked in business development for an Impact Investment start-up in West Africa, raising over $2M in crowd and equity funding.
Dario oversees Pally’s product development and software engineering. His 17 years of programming experience have taken him from public sector programming roles in Italy to Android mobile development in Japan.