If you’re preparing for a trip, you’ll probably rush towards AirBnB, Booking or another famous website to rent apartments. But, there’s a blockchain startup that tries to change this. Travala is a Next-gen Online Travel Agency (NOTA) with over 82,311 destinations available and over 567,928 properties registered from 210 countries. The platform incentives the users with discounts & also – accepting crypto.
Their ICO held between 31st March 2018 and 21st April 2018 raised $2,640,110 according to ICObench and had a value per token of $0.35 USD. Right now, AVA is trading at $0.138. Taking into consideration the bear market, the startup is doing pretty well in terms of value per token loss. Travala recently announced that you can book any of their 550,000+ accommodations using Litecoin (LTC) and Ripple (XRP)
You can now book 550,000+ hotels in 210 countries using @Litecoin $LTC. Travel to 82,000+ destinations worldwide on https://t.co/CL8FxAXFXS the next-gen online travel agency@travalacom @SatoshiLite #LTC $AVA @coingatecom @LTCFoundation pic.twitter.com/xvfEh64hix
— Travala.com ✈️ ???? (@travalacom) December 16, 2018
You can now book 550,000+ hotels in 210 countries using @ripple $XRP. Travel to 82,000+ destinations worldwide on https://t.co/CL8FxAXFXS the next-gen online travel agency@travalacom #crypto #UseXRP $AVA #travel #XRP pic.twitter.com/apjHSqWeE2
— Travala.com ✈️ ???? (@travalacom) December 14, 2018
Travala now accepts Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), EOS (EOS), Binance Coin (BNB), Stellar Lumens (XLM), TrueUSD (TUSD), Ripple (XRP), Dash (DASH), their native coin – AVA – and other 30 cryptocurrencies. The full list with the tokens accepted by Travala can be found here
The price per AVA might be 63% lower than during its ICO – but the project have a lot of potential to improve the booking business by offering transparecy, discounts and most importantly – the ability to pay with cryptocurrency.
These are great news for Litecoin and Ripple. Recently, Skrill announced the success of adding Ripple to its platform. Moreover, Omni – a rental service company – declared they will accept Ripple to provide a better liquidity to its customers. Their CEO, McLeod stated:
“It became very clear that this could be a great tool for both providing vast, rapid liquidity for sort of cashing out the capital that you make through the rental side as well as in the future connecting individuals quickly with those assets.”
The Omni partnership is extremely interesting, as its one of the easiest way for people to earn XRP without the involvement of a crypto exchange. People can find things to rent and they’ll be paid for it as they prefer – being USD or XRP.
These are great news for Litecoin fans too – as they now have the ability to rent an apartment using LTC. This comes after in December 2018, Litecoin was accepted as a payment method for the HTC Exodus and after Litecoin surpassed for a few days Bitcoin Cash (BCH) – though right now BCH re-claimed its spot.
Travala took the right decision here and we’re hoping that in the future more cryptocurrencies would be accepted by their platform.
Image Source: Travala’s Twitter
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