CoTravel
The simplest way to organize group trips and manage shared budgets with blockchain escrow
📍 Team Location: Bogotá - Colombia
About the Product
We provide a group trip planning platform that uses a smart contract to collect everyone’s contributions toward a shared budget, track payment milestones transparently, and enforce fair rules if someone drops out. Once the group reaches the target amount and minimum participants, the funds are held in a shared wallet and can be used to pay travel services through partner discounts or withdrawn/exported to other wallets.
Problem & Solutions
Problem
When we plan trips with friends, coordinating budgets, collecting money, and enforcing payment deadlines is messy and stressful. We end up using chats and spreadsheets, which creates trust issues, late payments, disputes, and complicated cancellations/refunds when someone drops out often causing the whole trip to fail and everyone to lose time, money, and good booking deals.
Solution
We provide a group trip planning platform that uses a smart contract to collect everyone’s contributions toward a shared budget, track payment milestones transparently, and enforce fair rules if someone drops out. Once the group reaches the target amount and minimum participants, the funds are held in a shared wallet and can be used to pay travel services through partner discounts or withdrawn/exported to other wallets.
Customer Segments
- Friend groups (18–35): planning trips together who need an easy, drama free way to collect and manage contributions.
- Trip organizers / group leaders: who coordinate budgets, deadlines, and rules, and want full transparency for everyone.
- Repeat group travelers: graduation trips, festivals, weekend getaways, who plan multiple group trips per year.
- Partner businesses: hotels, restaurants, transportation, tours, who would pay for exposure, commissions, or promo deals to attract large groups.