Travala

Travala AVA

$0.5734
Market Cap $ 24.277 MM (#271)
24h Volume $ 892.003 K
Chg. 24h: -9.73%
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Travala project purpose and description

Travala clarity of purpose

Travala purpose and aspects

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. AVA 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. 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.

Travala categories

Build dappsMarketplaceSmart contracts

Short description

Utilising blockchain technology, Travala.com will be a global online travel booking marketplace. Travala.com is building its online booking platform upon the NEO decentralized engine and blockchain. (The Travala.com Travel Booking Marketplace). The AVA booking ledger will be the core of the ecosystem. Travelers and merchants are offered peer to peer communication, enabling direct dealing with 0% commission. Travala.com aims at being the go-to travel marketplace worldwide.

Abstract

Current online platforms have such power over vendors they issue an average of 30% fee on each booking (In some cases we have seen up to 50% fees). Due to the dominance of the key players, it’s hard for vendors from small to large groups to go elsewhere, until now. Travala.com provides a user-friendly booking and exchange platform utilizing the NEO blockchain. The platform will be beneficial for vendors, offering them considerable lower costs to use the platform. Thus, allowing vendors to set a lower price for consumers but retain a higher profit they are entitled to. The platform will provide a transparent, safe and non-influential environment for consumer something which we haven’t yet seen within the industry.

Link to Roadmap: https://project.travala.com/#roadmap
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