Crypto is going ex-silico with Travala (AVA)

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(Edited)

Hello Leo-Community,

today Travala published it's Monthly Report May 2021, and the progress is huge. If you may live under a rock - Travala is backed by industry-giant Binance, and the leading cryptocurrency-friendly travel booking service with 2,200,000+ properties, 400,000+ activities in 230 countries and 600 airlines globally.
I will give you some details first and will later discuss, why I (@no-advice) think that we have the most relevant developments for Mainstreet crypto-adoption right in front of us. But let's see the numbers first.

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There is a lot of crazy stuff going on in cryptocurrencies for years. The whole concept of permissionless and trustless digital value transfer is a game-changer in itself. In my opinion, besides its (slow) growth and maturation over the years crypto is still lacking a robust bridge to the real world. I mean, at the moment the most applicable use-case for this "crazy internet money" is to generate more and other "crazy internet money" (DeFi) or fancy digital unicates (NFTs) or sell it back to Fiat. With Travala and its native Token AVA we have a route out of the computer (ex-silico) into the real world by directly buying accommodation, flights, or travel activities in direct exchange for that "crazy internet money". As you see from the numbers above, the growth is impressive and with "only" 183K MAU and 5,9K Smart members, we are still very very early in the game. Just consider the number of people that would buy shares of TUI or Royal Caribbean if they would give you 8% dividend yield and 10% cashback on bookings for owning their shares. Having AVA, is the same thing as having shares of TRAVALA and will give you exactly these revenues for the real-life product traveling.

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As you can see from the 180d chart, AVA has suffered from the recent dip, but might have found a bottom. With $3,22 it is currently trading 50% below its ATH. Given that travel is about to restart worldwide after COVID and given that BTC's bull-run is still intact, TRAVALA will be a highly frequented bridge translating this "crazy internet money" into a real-life travel experience. With a circulating supply of only 52.06 M AVA, staking, DeFi, and monthly burnings of part of the revenues generated, this is more than an interesting investment opportunity.

This is @no-advice for @spinvest-leo




Image by @mariosfame


Posted Using LeoFinance Beta



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16 comments
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few know what a gem this is. Doesn't matter, with revenues going up by 30-40 % every month it wont be long before its in the top 10

Posted Using LeoFinance Beta

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It is a gem indeed and the number of SMART members and MAU is still a joke compared to the benefits this services are offering. With more bookings more AVA will be burned and the Price May come more under pressure from different directions. The only risk is the centralized structure with Binance as a target. We will see what will happen...

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One of my favourite projects! Trading my way to be a smart member soon too!

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That is a very good goal, especially if you plan to travel in the not to far future.

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As soon as I can! I wanted to visit a new country every year, covid got in the way.

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I have had a few AVA for ages, not many - but this article just persuaded me to become a level 1 smart member, thanks!


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If you have these AVA already laying around, it is definitely a good idea to put them to work by staking them for Level 1 smart member. Thank you for reading and leaving a comment.

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I had to buy 110 more AVA to qualify, but it does seem really undervalued. Well worth a punt!

If i sold my Hedera hashgraph I could be a level 2 smart member but will have to give that more thought.


Posted via proofofbrain.io

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Never heard of that one (Hedera) but will have a check. There are more than 1 good projects around these days.

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(Edited)

A really impressive growth what we are seeing month to month and it looks like there is much more to come.

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Nice to see a company doing okay with its creation and use of a token to enhance a business. Hopefully we will see a few others and then the use cases for crypto expanding. One thing I do worry about is a return to "Company Script" where the only place to spend it is in the company store.

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One thing I do worry about is a return to "Company Script" where the only place to spend it is in the company store.

You are right, 50% of your Revenues are paired in Traveltoken that can only be used for bookings on Travala. 50% is in AVA token that you can swap to any other token. Given the hardships of the travelbusiness as a whole, one will struggle to find a company from this sector that pays any dividend at the moment. The other thing is that the number of hotels to choose from is very large (same as booking.com I think) and Travala is targeting customers that have the token to travel and not as an investment per se. You are right in general terms. However, I am quite comfortable with the credits, as I plan to spend them on on travels that I had to pay with fiat otherwise.

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I totally agree with you on this one. I didn't get into AVA as early as some people, but now that I am in it, it seems like a really great hedge against the bear market. Crypto is down? Oh well, you can still travel if you were smart and moved some funds over into AVA. That is what I have been doing. I think it is going to boom huge as people start getting out and about again. Plus when I am ready to travel I will have a nice pool of funds and tokens available to draw from.

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