Prezzo Travala.com (AVA)

What Is Travala (AVA)?

Travala, founded in 2017, is one of the leading blockchain-based travel booking platforms.

Travala is a platform for hotel and accommodation booking and covers more than 2,200,000 properties, as well as 90,124 destinations in 230 countries and territories across the globe. The platform’s developers claim that it is typically up to 40% cheaper than traditional, mainstream booking platforms.

Travala uses a native token, AVA, which helps the platform to be able to offer tokenized incentives to its customers and any other users that could help the platform grow. The AVA tokens also offer a savings program, with rewards offered by the platform in proportion to the size of each holder’s stake.

The platform also allows payment for travel arrangements with any of more than 40 supported cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC) and Dogecoin (DOGE).

Travala’s mission is to fully align travel booking with the ethos of decentralized technology and promote accessibility to anyone, anywhere while also offering full censorship and peer-to-peer (P2P) transactions.

Who Are the Founders of Travala?

Travala was founded by Matthew Luczynski, who is currently the chief strategy officer at the company.

Before that, he created the Wanderlust app and was a business strategist at the Network of International Business Schools. Luczynski is a technology and marketing entrepreneur. In the past, he worked in a number of start-ups in the travel industry, all of which focused on fintech and blockchain technology.

What Makes Travala Unique?

The main principle and goal of Travala are to make crypto payments a mainstream option in the travel industry. Travala also bills itself as a cheaper alternative to the traditional booking methods due to the fact that it has no hidden costs and has more transparent practices.

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How Many Travala (AVA) Coins Are There in Circulation?

Travala (AVA) has a circulating supply of 45,682,029 tokens and a maximum supply of 61,125,269 AVA as of February 2021.

How Is the Travala Network Secured?

Travala is built on three layers that make its ecosystem possible, which are the Travala DApp, the Travala Protocol and the Travala Consensus.

The DApp layer functions as its user interface; its main goal is to allow the customers to browse offerings and book items according to their individual choice.

The protocol layer handles the economic engine of the platform and supports the implementation of the NEP-5 contract standard across the entirety of the layer. The protocol layer is also home to a host of smart contracts that govern the interactions between all stakeholders within the Travala ecosystem, including travelers and suppliers. The platform takes advantage of the Neo (NEO) blockchain’s smart contract functionality for the booking process itself.

The consensus layer handles the records on the Travala platform; this layer is completely built on the NEO blockchain and uses dBFT or delegated Byzantine Fault Tolerant protocol that uses some features of the delegated proof-of-stake consensus.

Where Can You Buy Travala (AVA)?

If you are interested in buying, selling, or trading Travala (AVA), you can do so on the following exchanges:

• Binance
• HitBTC
• Bitcoin.com Exchange
• MXC.com
• KuCoin

If you want to learn how to buy cryptocurrency, read our guide for buying Bitcoin by clicking here.