Travala ltd
Name
Travala ltd
Summary
-Travala is an online booking platform for hotels and flights that accepts both cryptocurrency and standard payment methods. -It was founded by Steve Hipwell, Matt Luczynski and Juan Otero. -It uses the dBFT (Delegated Byzantine Fault Tolerant) protocol.
Rating
Symbol
AVA
Overview
Travala.com's fundamental purpose is to make cryptocurrency payments a mainstream choice in the travel industry. Travala.com also promotes itself as a less expensive alternative to typical booking methods due to its lack of hidden fees and more transparent business procedures.The Travala token (AVA) is at the center of this system, allowing the platform to provide tokenized incentives to its consumers and any other user who can help the platform flourish. This is typically accomplished through offering reviews of lodging accommodations and services, as well as developing related content and attracting new customers to the platform.
Historical Price Movement (in INR)
Technology
The Travala Consensus Layer is responsible for the Travala platform's underlying records. The dBFT (Delegated Byzantine Fault Tolerant) protocol, which combines the capabilities of the Delegated Proof of Stake system, is used since this layer is based on the NEO blockchain foundation.
It supports the use of the NEP-5 contract standard throughout the layer.
Use of Native tokens in the ecosystem:
AVA, Travala.com's native token, enables an unrivaled loyalty program that offers real-value tokenized rewards that can be stored or spent on all sorts of travel.
Token Allocation
N.A
Volume ( as of 11th april 2022)
$5,018,876
Total Supply
61,011,389 AVA
Circulating Supply
50,831,287.23 AVA
Crowd Sales
Travala.com has raised £2 million ($2615866) in three rounds of investment.
Funding
26/10 /2020-Equity Crowdfunding -£1.3M ($1700312.90)
24/12/2019-Equity Crowdfunding -£353.2K ($461961.94)
15/03/2019-Equity Crowdfunding -£377.9K ($494267.88)
Country
United Kingdom
Year Incorporated
2017
Registered Address
Unit H, Grove Mill, Eccleston. The UK. PR7 5TZ
Dispute Resolution and Governing Law
United Kingdom
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Juan Otero | Co-founder & CEO | Universidad Europea: NA | 16 Yrs |
| Matt Lucz | Founder | Leeds University Business School: Ba (Hons), International Business Studies | 4 Yrs |
| Steven Hipwell | Co-Founder and COO | Abergele High School: Business Technology | 11 Yrs |
