Using virtual assets, Travala (AVA) is revolutionizing travel.Table of Contents
Using virtual assets, Travala (AVA) is revolutionizing travel.
By CoinUnited
24 Dec 2022
Travala is a vacation planning website that offers its users the chance to contribute to the development of the platform and get rewards in the form of the site's native token, AVA. More than 500,000 properties all around the world are available for booking through the platform. Although Travala is comparable to other online travel platforms like Booking.com, it is one of the few platforms to undergo a digital transformation by adopting a system created using cryptocurrency technology to produce a next-generation solution. Through the use of blockchain technology and the cultivation of a robust community, Travala is able to support reservations, present incentives for vacationing, distribute gift cards loaded with credits redeemable for trips, keep prices low, and provide a number of other key services to its clientele. The platform not only supports AVA, but also forty other cryptocurrencies including BTC, DOGE, and LTC.
Previously known as Concierge, Travala received a name change in 2018. The project's overarching objective is to provide a robust travel solution that makes optimal use of the advantages offered by blockchain technology. Funding of $2.6 million was raised from the introduction of the original coin, allowing the platform to grow and make its services available in 200 countries. Steve Hipwell, Juan Otero, and Matthew Lopez established Travala. Otero oversees operations, while Lopez serves as both chief financial officer and chief information officer. The team also has a large number of consultants and professionals in the fields of blockchain technology and tourism.
When first conceptualizing Travala, the company's founders focused on a few key sectors of the travel industry where blockchain technology might be used to make significant improvements. They found, for instance, that there was a deficiency in internationally accessible reservation systems that welcomed crypto. Travala provides its clients with assured bookings and instant confirmations, and it takes both fiat and crypto payments for bookings (with no booking fees). The company's founders also learned the hard way that many international booking sites charge exorbitant fees and conceal other, more surprising charges. That's why Travala works to provide its users more economical and open booking options. In fact, it boasts discounts of 15% or more off the going rate for its services compared to those of its rivals. At the same time, it is completely transparent about its costs, so that clients aren't caught off guard by the total price of their reservations. All client refunds are processed in AVA tokens regardless of the payment method originally used.
The Travala platform is user-friendly and intuitive. Users that sign up to utilize AVA tokens on Travala after making an account will receive an initial incentive. Cryptocurrency, AVA tokens, and fiat currency may all be used to make reservations. If you purchase using AVA tokens, you'll get a discount. As an added bonus, AVA tokens may be exchanged for a wide range of enhancements and other perks at partner establishments while on the road. Members of Travala may earn more AVA tokens after their trip by referring new users and writing reviews. On a deeper level, there are three tiers to the platform's ecology. Customers can plan their trips, make reservations, and even buy insurance all in one convenient location. Furthermore, it creates the groundwork for user-generated evaluations and helps the Travala in-app wallet function as intended. The next layer, Protocol, is responsible for managing the platform's economic operations and hosting smart contracts. It also relays messages between customers, vendors, and suppliers. Token-based transactions on behalf of service providers, property owners, and consumers are executed by proxy smart contracts at the Protocol layer. In the end, a delegated Byzantine fault tolerant (dBFT) protocol is used in the Consensus layer that was built on the NEO blockchain. Each user's AVA balance is one piece of data that is tracked and managed through proxy smart contracts. This third layer also deals with issues like user trust and record governance.
Travala is a cutting-edge booking solution for the tourism sector, and it includes several innovative tools that aren't seen on competing sites.
After staking 250 AVA tokens, individuals can participate in Travala's Smart Program. Members of the program, for instance, can receive a 13% discount on all bookings, with the savings reflected in the final total. Staking one's AVA tokens on Travala is another way for members to gain AVA. To reach Level 5 of the Smart Program, you'll need to spend 2,500,000 tokens.
To become a part of the Invite Program, all you have to do is send invites and have your friends and family book a hotel for $400 or more using the Travala platform. Invite Program members get $25 for each invited user who signs up and completes a hotel booking of at least $400, while invitees receive $25 as an incentive for joining Travala and making a booking.
Although most modern online booking systems are based on a centralized infrastructure, Travala's decentralized finance (DeFi) approach has certain significant advantages. All these features together make the platform a game-changer for the web3 industry.
Voting in the community is open to those who are members of the Smart Program (or who have staked AVA tokens).
NFTs for the Travel Tiger platform are non-fungible utility tokens that may be accessed on the Ethereum blockchain. One thousand different Travel Tiger NFTs are up for grabs. Exciting travels are taken by "Travel Tigers" so that they may cross items off their travel bucket lists. Although the narrative of owning Travel Tiger NFTs—which include trips to the Mediterranean, the Andes, the French Riviera, and more—is compelling, the tokens also provide practical benefits to their holders. Presently, Smart Diamond members and owners of a Travel Tiger NFT are eligible to participate in a giveaway to send one lucky winner to Argentina for an adventure in the Andes.
Members of the Smart Program on Travala can take advantage of a Smart Diamond membership if they have 2,500 AVA tokens or more and a Travel Tiger NFT. With Concierge.io, they may schedule trips, take advantage of metaverse and real-world events, and receive discounts on goods and services. In addition to the aforementioned perks, members of the Smart Diamond program receive a 3% booking discount, 10% in loyalty points, access to the Proof of Travel NFT program, travel experience drops, and TRVL.
The Argentine Andes Adventure Giveaway is a four-day trip for two to Mendoza, Argentina, from December 13-16, 2022, for members who own a Travel Tiger NFT with a serial number between 1 and 941. The grand prize consists of round-trip airfare for two adults, hotel accommodations for three nights at the five-star Hotel de Cielo ecolodge, and round-trip airport transportation. Three dinners a day, sightseeing, stargazing, a helicopter ride, and a guided trek are all part of the package.
A few years ago, when Travala first came out, it was one of several similar businesses competing for attention in a crowded industry. Nonetheless, it has grown rapidly to become one of the leading online travel agents because to its cutting-edge idea and user-friendly interface.
Users of the AVA token are given access to a wide range of bonuses and discounts, in addition to not having to pay any booking fees. Travel Tiger NFT owners also get discounts by submitting reviews and participating in the Smart Diamond, Smart, and Invite programs.
Users of Travala may book flights, tours, hotels, and more in an one place. That it is one of the largest booking platforms online today is supported by the fact that it provides platform to more than 3 million distinct items. Users can get bonuses and discounts by paying with AVA tokens, but they can also use other cryptocurrencies or even fiat money.
The capabilities and benefits offered by this platform's three separate levels are specific for each. The platform allows users to do anything from find and book a vacation to write reviews and customize a dashboard for their referral program. It's convenient because it works on desktop computers and mobile devices.
While Travala's features and booking services are unmatched, there are a few drawbacks to be aware of before signing up. These drawbacks may not be enough to stop some people, but they might be key obstacles for others.
Travala's capacity to help its users save money on travel costs and gain access to additional financial incentives and advantages is one of the app's main selling features. However, its cost-cutting features are accessible only to AVA token holders who keep their tokens in the AVA wallet. Those who pay for their excursions using AVA tokens are also eligible for the largest discounts.
AVA coins' blockchain protocols are backed by independent entities.
As a result, AVA tokens may be affected by protocol protocols or technical difficulties that are outside of AVA's control. Furthermore, developments in quantum computing might endanger the security and use of the protocols and the AVA token.
The platform's co-founders were able to service over 200 nations after raising around $2.6 million during its initial launch. The clientele of this online travel business come from over 230 different nations now. There are always new features added to the Travala platform. Token holders in the AVA ecosystem who are also Smart Program participants have direct say over which upgrades are implemented since they hold the keys to governance. Those who hold tokens may also think about creating new types of NFTs for use on vacations and adding support for other cryptocurrencies to the platform. FLOKI, SHIB, and CAKE are some of the prospective alternatives that would join the hundreds of other cryptocurrencies already recognized by Travala. Review Rewards is another feature Travala plans to implement, giving customers a way to earn AVA tokens in exchange for offering honest feedback about a service.
Through the Travala website and mobile app, AVA tokens may be used to pay for lodging and other travel-related services. A total of 61,000,000 tokens have been created, and over 51,000,000 have found their way into circulation. The price of this crypto, which moves up and down like all others, is currently $0.74. To further their utility as investment tokens for trade, AVA are supported by several cryptocurrency exchanges such as CoinUnited.io. Considering the platform's multiple incentives for AVA token purchases, the total supply may begin to decrease over the course of the next several months and years.
Back in 2018, when AVA first came out, a token could be purchased for about $0.15. This stayed steady for a while, and in April of 2021, it hit a high of $5.30. The price has seen numerous smaller peaks since then, and it's now hovering at $0.75 per token. From its high in April 2021 till now, AVA has attracted a lot of attention from investors. Daily fluctuations have the potential to push the price of a token up to more than $0.80 in the not-too-near future. Token prices are expected to double by 2025, reaching $1.60 each. Predictions put the price at $3.99 in 2030 and $7.98 in 2040.
While many individuals buy AVA tokens so they may take advantage of discounts and other perks offered by Travala, they may hold on keeping the coins for other reasons, such as investment or for use on a future trip. However, there are many who buy AVA tokens purely as an investment and have no plans to use them to fund a vacation anytime soon. AVA tokens may be purchased on multiple major exchanges by anyone, whether they tourists or investors. CoinUnited.io is one such site because of its superior platform that facilitates straightforward trading based on comprehensive information. Remember to take advantage of CoinUnited.io's current fee-free AVA/USDT trading promotion. Always keep in mind that Travala requires all new users to immediately link their cryptocurrency wallet (if they have one) to their account. Travel arrangements made using Travala's website or mobile app can subsequently be paid for with AVA tokens or any other cryptocurrency.
While day trading can be exciting, investing in a cryptocurrency for the long run can pay well. When compared to other tokens, AVA offers actual utility on Travala's DeFi platform, as opposed to just being a trade commodity. In addition to making safe transactions, many tourists use AVA so they can take advantage of the platform's many other perks, such as coupons and special offers. From its start, Travala has grown to become a dominant force in the travel business by delivering more services and reaching more customers. For this reason, it is not unreasonable to anticipate that AVA tokens will remain in widespread usage in the future. The AVA price has dropped from its all-time high in April 2021, but it's still trading at a premium to where it started. In addition, the value of AVA is forecast to rise more in the next years. The intraday price is quite variable, as is typical for cryptocurrencies. If you're looking for a coin to invest in for the long haul, hold no further than AVA. In addition, skilled day traders may benefit greatly from its volatility.
Travala was launched as a one-of-a-kind platform that allowed users to pay for their reservations using crypto. Although it does accept several different cryptocurrencies, utilizing its own AVA token unlocks exclusive deals and benefits. Travala has revolutionized the way cryptocurrency is used and made crypto payments commonplace in the travel sector. There is still reason to keep an eye on the development of this online travel agency platform.
Previously known as Concierge, Travala received a name change in 2018. The project's overarching objective is to provide a robust travel solution that makes optimal use of the advantages offered by blockchain technology. Funding of $2.6 million was raised from the introduction of the original coin, allowing the platform to grow and make its services available in 200 countries. Steve Hipwell, Juan Otero, and Matthew Lopez established Travala. Otero oversees operations, while Lopez serves as both chief financial officer and chief information officer. The team also has a large number of consultants and professionals in the fields of blockchain technology and tourism.
When first conceptualizing Travala, the company's founders focused on a few key sectors of the travel industry where blockchain technology might be used to make significant improvements. They found, for instance, that there was a deficiency in internationally accessible reservation systems that welcomed crypto. Travala provides its clients with assured bookings and instant confirmations, and it takes both fiat and crypto payments for bookings (with no booking fees). The company's founders also learned the hard way that many international booking sites charge exorbitant fees and conceal other, more surprising charges. That's why Travala works to provide its users more economical and open booking options. In fact, it boasts discounts of 15% or more off the going rate for its services compared to those of its rivals. At the same time, it is completely transparent about its costs, so that clients aren't caught off guard by the total price of their reservations. All client refunds are processed in AVA tokens regardless of the payment method originally used.
The Travala platform is user-friendly and intuitive. Users that sign up to utilize AVA tokens on Travala after making an account will receive an initial incentive. Cryptocurrency, AVA tokens, and fiat currency may all be used to make reservations. If you purchase using AVA tokens, you'll get a discount. As an added bonus, AVA tokens may be exchanged for a wide range of enhancements and other perks at partner establishments while on the road. Members of Travala may earn more AVA tokens after their trip by referring new users and writing reviews. On a deeper level, there are three tiers to the platform's ecology. Customers can plan their trips, make reservations, and even buy insurance all in one convenient location. Furthermore, it creates the groundwork for user-generated evaluations and helps the Travala in-app wallet function as intended. The next layer, Protocol, is responsible for managing the platform's economic operations and hosting smart contracts. It also relays messages between customers, vendors, and suppliers. Token-based transactions on behalf of service providers, property owners, and consumers are executed by proxy smart contracts at the Protocol layer. In the end, a delegated Byzantine fault tolerant (dBFT) protocol is used in the Consensus layer that was built on the NEO blockchain. Each user's AVA balance is one piece of data that is tracked and managed through proxy smart contracts. This third layer also deals with issues like user trust and record governance.
Travala is a cutting-edge booking solution for the tourism sector, and it includes several innovative tools that aren't seen on competing sites.
After staking 250 AVA tokens, individuals can participate in Travala's Smart Program. Members of the program, for instance, can receive a 13% discount on all bookings, with the savings reflected in the final total. Staking one's AVA tokens on Travala is another way for members to gain AVA. To reach Level 5 of the Smart Program, you'll need to spend 2,500,000 tokens.
To become a part of the Invite Program, all you have to do is send invites and have your friends and family book a hotel for $400 or more using the Travala platform. Invite Program members get $25 for each invited user who signs up and completes a hotel booking of at least $400, while invitees receive $25 as an incentive for joining Travala and making a booking.
Although most modern online booking systems are based on a centralized infrastructure, Travala's decentralized finance (DeFi) approach has certain significant advantages. All these features together make the platform a game-changer for the web3 industry.
Voting in the community is open to those who are members of the Smart Program (or who have staked AVA tokens).
NFTs for the Travel Tiger platform are non-fungible utility tokens that may be accessed on the Ethereum blockchain. One thousand different Travel Tiger NFTs are up for grabs. Exciting travels are taken by "Travel Tigers" so that they may cross items off their travel bucket lists. Although the narrative of owning Travel Tiger NFTs—which include trips to the Mediterranean, the Andes, the French Riviera, and more—is compelling, the tokens also provide practical benefits to their holders. Presently, Smart Diamond members and owners of a Travel Tiger NFT are eligible to participate in a giveaway to send one lucky winner to Argentina for an adventure in the Andes.
Members of the Smart Program on Travala can take advantage of a Smart Diamond membership if they have 2,500 AVA tokens or more and a Travel Tiger NFT. With Concierge.io, they may schedule trips, take advantage of metaverse and real-world events, and receive discounts on goods and services. In addition to the aforementioned perks, members of the Smart Diamond program receive a 3% booking discount, 10% in loyalty points, access to the Proof of Travel NFT program, travel experience drops, and TRVL.
The Argentine Andes Adventure Giveaway is a four-day trip for two to Mendoza, Argentina, from December 13-16, 2022, for members who own a Travel Tiger NFT with a serial number between 1 and 941. The grand prize consists of round-trip airfare for two adults, hotel accommodations for three nights at the five-star Hotel de Cielo ecolodge, and round-trip airport transportation. Three dinners a day, sightseeing, stargazing, a helicopter ride, and a guided trek are all part of the package.
A few years ago, when Travala first came out, it was one of several similar businesses competing for attention in a crowded industry. Nonetheless, it has grown rapidly to become one of the leading online travel agents because to its cutting-edge idea and user-friendly interface.
Users of the AVA token are given access to a wide range of bonuses and discounts, in addition to not having to pay any booking fees. Travel Tiger NFT owners also get discounts by submitting reviews and participating in the Smart Diamond, Smart, and Invite programs.
Users of Travala may book flights, tours, hotels, and more in an one place. That it is one of the largest booking platforms online today is supported by the fact that it provides platform to more than 3 million distinct items. Users can get bonuses and discounts by paying with AVA tokens, but they can also use other cryptocurrencies or even fiat money.
The capabilities and benefits offered by this platform's three separate levels are specific for each. The platform allows users to do anything from find and book a vacation to write reviews and customize a dashboard for their referral program. It's convenient because it works on desktop computers and mobile devices.
While Travala's features and booking services are unmatched, there are a few drawbacks to be aware of before signing up. These drawbacks may not be enough to stop some people, but they might be key obstacles for others.
Travala's capacity to help its users save money on travel costs and gain access to additional financial incentives and advantages is one of the app's main selling features. However, its cost-cutting features are accessible only to AVA token holders who keep their tokens in the AVA wallet. Those who pay for their excursions using AVA tokens are also eligible for the largest discounts.
AVA coins' blockchain protocols are backed by independent entities.
As a result, AVA tokens may be affected by protocol protocols or technical difficulties that are outside of AVA's control. Furthermore, developments in quantum computing might endanger the security and use of the protocols and the AVA token.
The platform's co-founders were able to service over 200 nations after raising around $2.6 million during its initial launch. The clientele of this online travel business come from over 230 different nations now. There are always new features added to the Travala platform. Token holders in the AVA ecosystem who are also Smart Program participants have direct say over which upgrades are implemented since they hold the keys to governance. Those who hold tokens may also think about creating new types of NFTs for use on vacations and adding support for other cryptocurrencies to the platform. FLOKI, SHIB, and CAKE are some of the prospective alternatives that would join the hundreds of other cryptocurrencies already recognized by Travala. Review Rewards is another feature Travala plans to implement, giving customers a way to earn AVA tokens in exchange for offering honest feedback about a service.
Through the Travala website and mobile app, AVA tokens may be used to pay for lodging and other travel-related services. A total of 61,000,000 tokens have been created, and over 51,000,000 have found their way into circulation. The price of this crypto, which moves up and down like all others, is currently $0.74. To further their utility as investment tokens for trade, AVA are supported by several cryptocurrency exchanges such as CoinUnited.io. Considering the platform's multiple incentives for AVA token purchases, the total supply may begin to decrease over the course of the next several months and years.
Back in 2018, when AVA first came out, a token could be purchased for about $0.15. This stayed steady for a while, and in April of 2021, it hit a high of $5.30. The price has seen numerous smaller peaks since then, and it's now hovering at $0.75 per token. From its high in April 2021 till now, AVA has attracted a lot of attention from investors. Daily fluctuations have the potential to push the price of a token up to more than $0.80 in the not-too-near future. Token prices are expected to double by 2025, reaching $1.60 each. Predictions put the price at $3.99 in 2030 and $7.98 in 2040.
While many individuals buy AVA tokens so they may take advantage of discounts and other perks offered by Travala, they may hold on keeping the coins for other reasons, such as investment or for use on a future trip. However, there are many who buy AVA tokens purely as an investment and have no plans to use them to fund a vacation anytime soon. AVA tokens may be purchased on multiple major exchanges by anyone, whether they tourists or investors. CoinUnited.io is one such site because of its superior platform that facilitates straightforward trading based on comprehensive information. Remember to take advantage of CoinUnited.io's current fee-free AVA/USDT trading promotion. Always keep in mind that Travala requires all new users to immediately link their cryptocurrency wallet (if they have one) to their account. Travel arrangements made using Travala's website or mobile app can subsequently be paid for with AVA tokens or any other cryptocurrency.
While day trading can be exciting, investing in a cryptocurrency for the long run can pay well. When compared to other tokens, AVA offers actual utility on Travala's DeFi platform, as opposed to just being a trade commodity. In addition to making safe transactions, many tourists use AVA so they can take advantage of the platform's many other perks, such as coupons and special offers. From its start, Travala has grown to become a dominant force in the travel business by delivering more services and reaching more customers. For this reason, it is not unreasonable to anticipate that AVA tokens will remain in widespread usage in the future. The AVA price has dropped from its all-time high in April 2021, but it's still trading at a premium to where it started. In addition, the value of AVA is forecast to rise more in the next years. The intraday price is quite variable, as is typical for cryptocurrencies. If you're looking for a coin to invest in for the long haul, hold no further than AVA. In addition, skilled day traders may benefit greatly from its volatility.
Travala was launched as a one-of-a-kind platform that allowed users to pay for their reservations using crypto. Although it does accept several different cryptocurrencies, utilizing its own AVA token unlocks exclusive deals and benefits. Travala has revolutionized the way cryptocurrency is used and made crypto payments commonplace in the travel sector. There is still reason to keep an eye on the development of this online travel agency platform.
