AVA Price Live Data
The Travala price today is $0.573223 USD with a 24 hour trading volume of $860.17K USD. Travala (AVA) is down -0.55% in the last 24 hours.
Travala.com (AVA) is a travel booking platform based on the Binance blockchain. The platform itself operates both a centralised front-end allowing suppliers to easily edit their listings, whilst operating a decentralised backend incorporating the Binance 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. 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.
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.