Crypto Friendly Travel Booking Platform - Travala token AVA Bought

in LeoFinance2 months ago (edited)

Hey All;

Travala is the Buzz word for the Cryptocurrency Friendly Travel Booking platform. And I can further go on to say that it would be the No.1 travel booking platform that leverages blockchain and cryptocurrencies.

image.png

It's a finished product and in use. They have their App as well on Google & Apple Play Store with the name TRAVALA

Login to Travala & book your travel tickets may it be Hotel or Flight bookings with cryptos. The best part is that they accept major cryptocurrencies like BTC, ETH, LTC, DASH, XRP, and the list just goes on.

image.png

I heard about Travala a couple of times here on Leofinance. And today again Travala came to my attention via post from @trumpman - I just bought a shitload of AVA (Travala) - This is why!

I did like to Thank @trumpman for giving some insights into the Travala project. And after doing my research I thought it should be a good buy at the current price; which is close to $0.70 for 1 AVA token.

SimpleSwap to Exchange ETH for AVA

I invested close to 2.2 ETH and exchanged them for Travala token AVA. Following is the trade confirmation which showcases that I got close to 1.5K AVA tokens.

image.png

I created an account on the Travala website. And leveraging the SimpleSwap service I exchanged ETH for AVA tokens. Once the exchange was confirmed I got the tokens to my Travala Wallet.

image.png

I can either use these tokens for travel bookings or I can stake them via. the smart contract program to earn DISCOUNTS, LOYALTY AND BONUS REWARDS. A person can earn close to 24% APY bonus rewards by simply staking the AVA tokens.

My Top 3 Reasons for the Travala AVA token Purchase

I'm not going to provide a detailed summary with regards to the pick/purchase of the AVA token. Rather, the following are the high-level pointers that should give you enough information as to why I picked/bought the AVA token

  1. AVA has a token Supply of Just a mere 61+ Mil. tokens - overall good token economics
  2. Travala is a finished product with many use cases - generating revenue
  3. No.1 Travel Booking Platform that leverages Blockchain and Cryptocurrencies

Have Your Say...

Did you hear about Travala AVA token? Do you HODL AVA tokens? What are your thoughts on Travala Project overall? Let me know your valuable views in the comment box below.

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I had an interest in the Travala project and hence bought some of AVA tokens; that's iT.

PS:: Image Credits:: travala; simpleswap,

Posted Using LeoFinance Beta

Sort:  

Ah, this is on the ETH network? That is too bad. I can't imagine the scaling problems it will have versus something on the EOS network. Plus the gas fees are going to be killer. I still think it is a great concept and I hope we see some competition in this sector sometime in the future.

Posted Using LeoFinance Beta

Thanks for the headsup. I had not heard of it yet. I will have to check into it some more. I've always said it was the projects that end up making money that are going to survive. Sounds like this on is already there.

Posted Using LeoFinance Beta

I too heard about it, and the price has increased almost 50% since then. Did you see the revenue pattern ? I mean, do we see growth in their bookings ?

that is a very good question dear @sanjeevm. Yes, I saw their revenue pattern and they are burning the AVA token every quarter. Check this link and scroll to the bottom it should give you a decent idea.

https://www.travala.com/ava?crypto=AVA

As per Travala website they are going to BURN AVA token until the total supply is cut down 40 Mil. AVA Tokens.

Following was the FOURTH BURN of the AVA token done.

46,947 AVA reducing the total supply from 61,228,716 to 61,181,769 AVA

Posted Using LeoFinance Beta