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.

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Rating

BBB

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)

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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
NameDesignationEducationExperience
Juan OteroCo-founder & CEOUniversidad Europea: NA16 Yrs
Matt LuczFounderLeeds University Business School: Ba (Hons), International Business Studies4 Yrs
Steven HipwellCo-Founder and COOAbergele High School: Business Technology11 Yrs
Links