A look at current NFT launches
22 Oct 2021
If not, you are missing out on one of the best cryptocurrency-friendly travel bookings. There are a lot of perks of using Travala such as cashback, cheapest price, and a lot more. And this is not all, Travala offers AVA token which is the native cryptocurrency of the Travala.com platform, offering a staking feature and a SMART program that you will learn about in this detailed review of Travala.
The first time I bumped into Travala was almost one and a half years back, but back then it was not as dynamic as it is not, and it is a good replacement for your existing travel bookings websites like Booking.com, Expedia.com, MakeMyTrip.com, and others. Now the price offered by Travala is at par with other similar non-crypto payment sites, and for crypto netizens, it could be a go-to place for booking travels with cryptocurrency.
Travala is an easy-to-use booking platform combining decentralized technologies & tokenized incentive structures. The Travala.com platform currently offers 2,200,000+ properties covering 90,124 destinations in 230 countries and territories and with prices up to 40% cheaper than mainstream travel booking platforms.
Travala was founded in 2017, and in March 2020 they strategically merged with Travelbybit, which was backed by Binance. At the time of writing, Juan Otero is the CEO of Travala. The company has offices in Australia, Vietnam, and UK.
Now, before we cover about AVA token of Travala, let’s have a look at some features of Travala.
If you have ever used an online portal for booking hotels, accommodations, or flights, you will have the same or better experience using Travala. The website is fast and offers a great user-experience.
Travala offers a fully-fledged mobile app that lets you make bookings from the comfort of your mobile phone. However the mobile app only supports the booking of hotels, and flight bookings are not yet available.
Visit Travala website || Download Android App || Download iOS App
If I have to highlight the single most important feature of Travala, that would be booking of travels using Cryptocurrencies. At the time of writing this Travala review, they support a wide range of cryptocurrencies including Bitcoin, AVA, Ethereum, ADA, BNB, XRP, LTC, and many more. Even if you make a payment via cryptocurrencies, you can get a refund for your cancellations.
Travala (backed by Binance) is also one of the major websites that integrate with Binance pay. Think of Binance pay as PayPal for cryptocurrencies. Watch the below video to learn more about Binance Pay:
I’m pretty sure you are aware that cryptocurrency transactions are irreversible, but with Travala you can get a refund for your cancelled bookings, even if the payment is done in cryptocurrencies including Bitcoin.
According to their website, this is the cancellation refund time:
Travala offers one of the best loyalty programs in the travel industry, which is available for the AVA token holders. This program is called the Smart program. You can get up to 10% savings on travel bookings and 12% APY bonus rewards.
Smart program offers up to 5% discount off the listed prices together with up to 5% loyalty reward after you have completed your stay. It works on holding a tiered amount of AVA in your wallet. When activated, it applies to hotel and accommodation bookings that have the Smart Icon available. You will also earn bonus rewards of 12% APY just for activating the membership.
There are 5 different levels of Smart program at the time of writing, and every higher tier offers an added advantage.
You can buy Travel credits under “My Profile” which can be later used for making payments for your travel. On the booking page, you will find the option to pay with Travel Credits. If the credit is sufficient, just hit the button “Pay with travel credits”. If not, you can pay partially by travel credits and pay the rest with other payment methods including Credit Card, Cryptocurrencies, and wallets. Travel credits are valid for a lifetime and once activated have no expiry date.
You can also buy and gift Travala gift cards to your friends, family, and colleagues. They can further use these gift cards to make bookings via Travala.
There are many more features of Travala.com that make it the best cryptocurrency-friendly travel booking website. However, I let you explore all the other features of your own.
For now, let’s explore the AVA token which is the native cryptocurrency of the Travala platform.
AVA is the native cryptocurrency of Travala platform, and its purpose is to incentivise user to use Travala platform, and enhance user engagement.
Travala.com’s AVA Repurchasing Plan will take place every quarter until 21,571,086 AVA are permanently destroyed. This represents 35% of the total supply (the starting supply is 61,571,086 AVA), reducing the overall total supply to 40,000,000 AVA. The amount of AVA to be repurchased each quarter is determined by Travala.com’s booking activity.
AVA can be used for payments, receiving and redeeming loyalty rewards, refunds, and as a store of value, among several other use cases
There are many practical usages of AVA, which incentives the HODLer’s and also for users who are using Travala.com for travel bookings.
Travelads and review rewards are coming soon, which will add a more practical use case to AVA token.
AVA token is currently trading on multiple popular exchanges, and some notable once are:
AVA is BEP-2 Token and can be stored in any wallet that supports the Binance chain.
Here are some popular ways of storing AVA tokens.
Useful resources of Travala:
Well, Travala seems like a brilliant solution for booking your Travel (Flights, hotels, and more) using Cryptocurrency. However, it is not only limited to cryptocurrency, and also accepts payment via Credit card/debit card which makes it an interesting proposal for a lot of users.
The user base is slowly growing, and Travala is partnering with many platforms including Expedia, Viator, and many others. Overall, for any cryptocurrency users who plan to live on Cryptocurrency or looking for more ways to spend their cryptocurrencies, Travala seems like a great option.
Now, it is your turn to let me know:
Let me know your answers in the comment section below.News appeared first on: Coinsutra.com