More record numbers for Travala
More record numbers for Travala
Crypto

More record numbers for Travala

By Alfredo de Candia - 2 Oct 2020

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Travala, the famous travel platform with crypto payments, has just published its latest report, which shows that it has recorded record numbers also this month, especially compared to the previous year.

All this despite various lockdowns and declines in the tourism sector.

The main figure to take into account in the report is that of total bookings amounting to just under $400,000.

Looking at the data more closely there was:

  • An increase of 279% compared to the same month of September last year;
  • A 76% increase in bookings compared to the previous year;
  • The preferred payment method is Bitcoin (BTC) with 24%;
  • VeChain (VET) became a leading crypto in just 2 weeks;
  • 69% of users used crypto to pay for their bookings.

Looking at the tourist data, it can be seen that most travellers come from the US, Vietnam and the UK, but there are also India and Brazil, proving that this platform operates even in the most distant places.

As far as the most popular destinations are concerned, the first place in September is America and then Europe.

In particular, in second place there is Germany, then France, Italy, England, the Netherlands and Spain, certainly partly thanks to the pandemic’s ceasefire which allowed more places to be visited in freedom.

It is worth noting that Travala uses a system of discounts that are obtained for example by staking AVA tokens, to obtain discounts of up to 10% on prices.

In total, 1882 members have staked AVA, so almost all users of this platform have staked tokens, and in fact there are 7.6 million tokens locked in the SMART program, almost 20% of the entire supply of 42 million tokens.

As far as the price of the AVA token is concerned, it seems to be starting a slow recovery and is currently trading at around $0.57.

This recovery is certainly also due to the recent inclusion of the Chainlink (LINK) token and the sponsorship of the World of Warcraft tournament, which has allowed to include younger people in the platform’s community.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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