What is Travala (AVA)?

Travala (AVA) is a platform designed for travelers who want an easier way to book accommodations and flights. If you've used comparison websites before, you know how helpful they can be in finding the best or most affordable options. Travala works in much the same way, but it takes things a step further by operating as a decentralized Online Travel Agency (OTA) built on blockchain technology. This allows users to pay for hotels, flights, and apartments using cryptocurrency.

Travala supports payments in over 30 cryptocurrencies, including its own token, AVA. The AVA token is at the heart of the platform, offering users access to a loyalty program when used for bookings. This program provides significant benefits, including discounts of up to 40% and opportunities to earn free upgrades, flights, or stays. These rewards are particularly important because Travala faces stiff competition from centralized travel platforms. To stand out, the platform offers more than just crypto payments—it delivers tangible value through its loyalty features.

How Does Travala Work?

Travala operates on the NEO blockchain, a less common choice for decentralized applications but one that allows for fast and efficient transactions between cryptocurrencies and traditional fiat currencies. The platform makes it easy for users to compare flights and accommodations and complete their bookings all in one place. Hotels listed on Travala can also opt to receive their earnings in fiat money, protecting them from the unpredictable fluctuations of cryptocurrency values.

The platform boasts partnerships with eight companies and provides access to over 550,000 hotels in 220 countries. With a user base exceeding 15,000, Travala is steadily growing as a decentralized alternative in the travel booking industry.

Who Founded the Travala (AVA)?

The AVA Token is a core part of the Travala.com platform, which was founded by two entrepreneurs with a clear vision for transforming travel services through blockchain technology.

• Juan Otero: As the CEO and co-founder, Juan Otero brings his background in finance and real estate to the company. Before starting Travala.com, he gained experience in various startups and business ventures, which shaped his entrepreneurial approach.
• Steve Hipwell: Also a co-founder, Steve Hipwell has been crucial to the platform’s development and expansion. With expertise in technology and e-commerce, he has helped drive the platform's technical and operational growth.

Together, these founders and their team have created a platform where AVA serves as a functional token, powering services and rewards for Travala.com users.

What is the AVA Token?

AVA is a cryptocurrency designed to support multiple blockchain networks, including Binance Smart Chain (BEP-20), Binance Chain (BEP-2), and Ethereum (ERC-20). Initially developed as a travel-focused utility token, AVA integrates seamlessly with the Travala.com platform, allowing users to book travel services using digital currencies.

The team behind AVA aims to reshape the travel industry by emphasizing transparency, innovation, and secure interactions between stakeholders. By aligning with the principles of decentralized technology, AVA promotes open access, user governance, and peer-to-peer transactions. The ultimate goal is to create a decentralized system driven by users and controlled through software rather than traditional intermediaries.

How is Travala (AVA) Used?

Payment Option

AVA can be used directly on Travala.com as a payment method for booking travel services. Customers who choose AVA benefit from reduced costs, making it a practical and cost-effective choice.

Loyalty Program

The AVA Smart Program is Travala’s loyalty initiative, centered around the AVA token. Users can lock a certain amount of AVA to unlock benefits such as discounts, crypto rewards, and exclusive payment savings.

Discounts and Rewards

Using AVA for bookings can save users up to 13% on travel costs. Additionally, rewards are available in the form of AVA, Bitcoin, or Travel Credits. Higher tiers in the loyalty program offer even greater incentives.

Governance

Holders of the AVA token have voting rights on important proposals for the platform. This gives users a say in the development and future direction of Travala.com.

Trading and Speculation

As a tradable asset, AVA can be bought, sold, and exchanged on multiple cryptocurrency platforms. This opens opportunities for traders and investors who see potential in its value.

Beyond Travel

While AVA’s primary focus is on travel, it has applications outside this space. It can be used to purchase other goods and services or traded for various currencies, adding versatility for its holders.

SMART Program: Travala’s Loyalty Rewards

Travala’s SMART program is a loyalty system that offers multiple benefits for users booking travel services on the platform. Signing up is straightforward and free—simply create an account on Travala’s website. Once your account is set up, you’ll instantly qualify for a 10% discount on all bookings. Payments on the platform are made using cryptocurrency, which can be securely stored in the Travala wallet.

For users who store AVA tokens in the Travala wallet, there’s an additional 5% discount. The more AVA tokens you hold in your wallet, the greater the rewards you can unlock through the SMART program. This tiered system incentivizes participation and provides consistent savings for frequent users.

How to Buy AVA Tokens?

If you want to purchase AVA tokens, follow these steps:

1. Select an Exchange Start by choosing a cryptocurrency exchange that supports AVA. Popular platforms include Binance, MEXC, and KuCoin.
2. Create an Account Register on your chosen exchange by providing the necessary personal information and completing the required identity verification process.
3. Fund Your Account Deposit funds using an accepted method, such as credit or debit cards, bank transfers, or other cryptocurrencies like Bitcoin (BTC) or Tether (USDT).
4. Buy AVA Locate AVA on the exchange’s trading page. Enter the amount you’d like to purchase and complete the transaction using your deposited funds.
5. Store Your Tokens After buying AVA, transfer your tokens to a secure wallet. While most exchanges offer built-in wallets, moving your tokens to a personal wallet adds an extra layer of security.

Some platforms, like Coinbase, OKX, or DEXTools, don’t currently support direct purchases of AVA. In these cases, you’ll need to buy another cryptocurrency first and trade it for AVA. Be aware of location-specific restrictions that might apply to certain exchanges, and always review the platform’s terms and conditions before starting the process.

For more insights and updates on the crypto world, don't forget to check out our blog at Listing.Help