Plan to recruit new Travalaers to the AVA force keeps going as expected.
Let me make an addition to the tokenomics part (& most important one).
Although it's true that the buyback & burn scheme is a very strong force over the long term, the main point of the tokenomics for AVA is the AVA givebacks after every booking.
That basically means that every dollar used to purchase a booking has associated a 2-5% AVA buyback from the open market.
Imagine that in the future Travala reaches a revenue of 12,5$M/month in revenue (15M year, or 1% of what Booking.com did in 2019).
That means 250K$ (2% of 12,5M) worth of AVA being bought from the markets... on a MONTHLY basis.
At current prices (1,7$/AVA). That equals to 147K AVA (0,24% of all the supply of 61M) being removed from circulation.
Add on top of that more burns (20% of net revenue is being burnt until 40M total supply), smart memberships (~11M AVA removed until now) and what users & exchanges are holding.
That's true, real circulation of AVA is very, very tiny...
Hope that helps :)
In behalf of the Travala crew... hope you're enjoying your stay !
RE: AVA - A better investment than Hive so far!