Hi people this is my first blog post here on steemit.
I came across some interesting altcoin that i want to share here. I think it might be an interesting project but do your own due diligence. I don't want to shill.
The altcoin i want to share with you is named Travala, token ticker: AVA. It's an online travel marketplace build on the Neo blockchain. Basically it's the same like booking.com or expedia where you can book a place to sleep but the fees are not that high. Travala will ask 15 to 40% less fees to hotels for listing on their website. By cutting the middle man and using blockchain technology the fees will be lower making it an interesting alternative to the competition to list on.
Because the fees are lower the rooms that you can book will be 15 to 21% cheaper. Both the hotels and customers benefit.
The AVA token will be used with every booking that is made on the platform. Even when people choose to pay with fiat money it will be converted to AVA and hold in the smart contract. This means the greater the demand for this service the higher the price of AVA tokens will become. When there are done more bookings on the website, the price of the token will go up and you as a token holder will benefit.
The total market of traveling is worth more than 1 trillion dollar annual. Even when Travala can only take 1% of the total market share we are still talking about more than a billion dollar. It's not impossible if you take into account they are 20% cheaper and booking.com fees are ridiculously high.
Currently the website of travala is already live, so it's a working product in early stage. You can already book a vacation on the website. There will come more updates in august and more properties from over the world will be added.
http://travala.com
Https://coinmarketcap.com/currencies/travala
This coin is currently only for sale on switcheo network. No binance unfortionately
