What is TourismX Project (TRMX)

TourismX Project or TRMX is an investment project aiming to support promising tourism projects. It is a worldwide project that aims to revolutionize the fast-growing tourism industry. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (TRMX/USDT – Trade it here) on our innovation Zone, check it out now!

MEXC M-Day platform will also list TRMX soon! Trade USDT-M futures to participate in the lucky draw, and stand a chance to win TRMX prizes!

What is TourismX Project (TRMX)
What is TourismX Project (TRMX)

Is The Tourism Industry Reviving After the Pandemic?

Tourism is a huge and ever-growing industry. Over the last six decades, many new tourist destinations popped up. Although the pandemic put a temporary halt on the industry, it is now back stronger. In fact, Tourism is the second-largest industry in the world! It typically accounts for 5% to 10% of the country’s GDP. It is also the primary source of foreign exchange income for developing countries.

What is The Idea Behind TourismX Project?

World Tourism Forum Institute and WTFI are the brainchildren behind TourismX. In the current tourism industry, there is a lot of wasted investment in fruitless projects and unknown money losses. Therefore, TourismX is the first comprehensive, future-proof tourism financing system on the blockchain system. It will be a financial tool for all parties in the tourism industry. It also aims to be an excellent investment tool for buyers.

The idea of TourismX revolves around their native token TRMX. The TRMX token economics will generate funds and invest these funds into handpicked promising tourism projects around the world. Once these projects are profitable, TourismX will use a portion of the profits (up to 50%) to buy back TRMX Tokens from the market. Then, the tokens will go to the Treasury, reducing the number of tokens in circulation. Furthermore, the scarcity of tokens in the future will increase their price and provide more funds for investments.

How Will TourismX Project Benefit us?

Benefits to the Investors

For starters, TourismX revolves around the rapidly expanding tourism industry. Global leaders in the hospitality industry will drive operational excellence. Furthermore, a lot of TourismX projects around the world works in collaboration with international chain hotels such as Hilton, Marriott, The Ascotts, and many more.

Additionally, the rebound in tourism after the pandemic will accelerate the market. It will also push it towards a more efficient travel system using blockchain. Meanwhile, TRMX Token allows investors to become a part of a well-balanced project portfolio. The portfolio will include various hospitality brands in one basket. In the event that a specific chain underperforms in a given year, the portfolio approach increases the likelihood of success.

Benefits to the Tourism Industry

TourismX introduces smart finance into upcoming tourism projects. It focuses especially on projects where traditional financial instruments may be ineffective or costly. Furthermore, corporate funding is becoming increasingly difficult due to inflation and global uncertainty. Bank and financial interest rates are also absurdly high. Therefore, TRMX hopes to alleviate this dilemma by becoming a new option for funding. It could become accessible funding for some promising tourism spot that has no financial backing.

Benefits to the Travelers

Travelers holding TRMX tokens will have the chance to experience tourism like no one has ever. Those in the TRMX community will constantly receive privileges, priorities, special offers, and many more. Additionally, TRMX-backed hotels will organize commercial activities that utilize TRMX tokens. It will make the tokens much more valuable and beneficial to hold.

Is TourismX Project (TRMX) a Good Investment?

TourimX project is suitable for a long-term investment. The concept of the project is great and it focuses on the currently booming tourism industry. It also has a lot of collaboration efforts with big hospitality brands. However, it is crucial for users to prepare a proper exit strategy before investing. It is also important to consult your financial adviser for any investment plans. This is not financial advice.

Where to buy TourismX Project (TRMX)

You can find TourismX Project (TRMX) here at MEXC! We are listing TRMX/USDT in our innovation zone! Trade will begin at 10:00 UTC on February 1, 2022!

What is the Price of TRMX Tokens?

The live price of TRMX tokens is coming very soon! You can check the live price of their token right here!

How to buy TRMX Tokens

You can buy TRMX Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “TRMX” using the search bar to see the available trading pairs. Take TRMX/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of TRMX you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy TRMX] to confirm your order. You will find the purchased TRMX in your Spot Wallet.

You can find a detailed guide on how to buy TRMX Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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