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Travala

Travel Booking Marketplace

Travala is an already-operational one-stop travel booking platform which combines the best of this generation’s booking website functionality with the incredible benefits enabled by next generation’s decentralized technologies and tokenized incentive structures. A globally-competitive range of travel services; Accommodation (Hotels, Resorts, Hostels), Flights, Things to do (Tours, Activities, Experiences), Restaurants, Transfers, Car Rentals, Vacation Rentals and Cruises: Always available at a minimum average of 15% lower than current mainstream OTAs; enabled through agile integration of the leading wholesale travel solution partners; With both leading cryptocurrencies and traditional (FIAT) currencies as payment options; Boosted with discounts and special offers direct from brands and suppliers; Validated through blockchain-verified reviews for 100% feedback authenticity; Underpinned by a token-powered incentivization economy which gives real rewards for valuable acts.

4.0
29 28 expert ratings
Benchy 4.0
KYC
Experts
4.4
3.9
3.7
Review: coming soon PRO
~$2,640,110
value of tokens sold in ICO
Ended
Token
AVA
Type
Price in ICO
0.3500 USD
Country
UK
Whitelist/KYC
KYC
Restricted areas
USA, China, Singapore
ICO start
31st Mar 2018
ICO end
21st Apr 2018
Visit ICO website
Report
Changelly

About Travala

Travala.com (AVA) is a travel booking platform based on the NEO blockchain. The platform itself operates both a centralised front-end allowing suppliers to easily edit their listings, whilst operating a decentralised backend incorporating the NEO blockchain governing the AVA engine. Thus, building a trusted, transparent and secure travel booking platform reducing costs associated with the travel industry.

Travala.com aims to disrupt the travel industry and provides multiple benefits over potential competitors within the market. A free business model, 0% booking and commission fees for the suppliers with no hidden fees. The incorporation of a peer-to-peer chat function between supplier and consumer along with ability to pay with AVA, other crypto and Fiat-currency payment options. Furthermore, potential competition within the blockchain travel space typically utilising the Ethereum blockchain which operates the proof-of-work protocol. Currently, this does not provide scalability for a travel booking platform [with only 15 Transactions per second]. High transaction costs powered by a mining network contributing to the unsustainable developments of this particular blockchain on both an economic and environmental level. Thus, does not offer many benefits for a real-life use case.

Travala.com was designed to be a real-world use platform and by utilising the NEO blockchain it allows us to position ourselves above potential competition operating within the crypto space. NEO operating at 1,000 transactions per second with the aim to be running at 100,000 TPS by 2020 [as mentioned in NEO Devcon]. With the current speed of a transaction taking approximately 30 seconds to complete, which is something, a travel booking platform needs to consider competing against market leaders such as booking.com, KAYAK, Expedia.com, Viator or agoda.com. Costs per transaction cost just a drop of gas [less Thant $0.001]. NEO offers an eco-friendly approach by utilising the proof-of-stake protocol. Furthermore, eliminating any associated economical and environment issues associated with other blockchains. NEO consensus offers government compliance which Travala.com will incorporate once we begin advancements in new and emerging markets and regions across the globe.

AVA token system encourages and supports multiple scenarios such as smart contracts, exchange of data, booking agreement and dispute mechanism. In addition, the AVA infrastructure supports the development and mapping of the dApp and HTML web platform enabling Travala.com to reach the mass consumer within the travel industry.

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ICO KYC Report
2 members invited
Steve Hipwell
Passed
Matthew Luczynski
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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