“Today I am going to take a deeper look into an interesting pr | Trader X - Official Channel

“Today I am going to take a deeper look into an interesting project which in fact you could use to book your tickets” This is Travala !

Travala, the world's leading blockchain-based travel booking platform, aims to outperform popular agencies such as booking.com, Agoda.com, and others in the field of booking of Hotels, Flights, Houses, and Activities.

But what sets Travala apart from the rest of these well-known travel agencies? Travala's benefit is that it gives your cryptos utility by allowing you to make use of your cryptos instead of only staking and receiving yield. Plus, if you're an AVA holder who has locked in at least 250 AVA to their smart program, you'll get extra discounts and receive a monthly interest rate of 12 percent APY in AVA

Furthermore, the platform will include a decentralized review feature that will enable users to earn money by leaving a review after their hotel stay. Plus The incorporation of Binance Pay, Wechat Pay would increase adoption since users would be able to book travel using a variety of payment methods.

According to their 2021 Q1 roadmap, they will solve the issue of slow search throughput by speeding up hotel bookings and integrating flight bookings directly into Travala rather than using TravelByBit, a third-party service. Hopefully, this will lower flight booking rates and allow you to check for hotels without having to wait too long.

In terms of Travala tokenomics, the total market capitalization is just 154 million $, with a circulating supply of 38 million AVA tokens. When you compare Travala's market capitalization to Booking's market capitalization of 90 billion $, you can see that there is some upside potential.

Furthermore, since users can lock their AVA in the network, price appreciation is possibly due to the AVA being taken out of supply circulation, and combined with the scheduled token burn , the maximum supply depreciation and price appreciation is already a big factor that makes Travala a more appealing project than other online travel platforms.