Travala(AVA) is going to be huge in the future
It has been a while I talked about Travala and by extension, AVA token because it just kind of took a back seat in my activities. Right now, all my AVA is staked in the smart membership program.
In one of the recent developments surrounding Travala, we got the ability to vote for proposals with our staked tokens. SOme proposals offer incentive for voting and others don't but ultimately, you contribute towards the growth of the platform.
Travala is a project that has been under the radar for quite some time now. There has not been any VC funding that I'm aware of but I do know that Binance has its hand lodged up the arse of the project.
In any case, Travala offers a solid project that enables users to book a variety of travel-based products. It is a seamless way to use your crypto to pay for booking, flights, and activities, amongst other benefits.
Earlier in the year, investors that had their AVA staked were also airdropped TRVL tokens on Binance Smart Chain. I've been holding mine as well and will keep it that way until further notice.
Travala(AVA) has been working behind the scenes for a while now, frequently updating their adoring followers on Twitter about developments in the project.
Judging by the developments and the path that the project is taking, the future of Traval looks quite secure.
At the time of writing, Travala has a fully diluted market cap of approximately $45m. In the general scheme of things, that is quite small and this ensures that the project stays under the radar.
Right now, Travala is trading at around 70 cents per token, which is a fair price, considering the general state of the crypto market. The token has reached an all time high of $6.48 sometime last year but I don't think that's the best it can do.
At 70 cents and a market cap of around $45m, AVA might not seem like much but the proof, as they say, is in the pudding. You see, Travala is not just any other crypto project that lives off pumps and dumps, so that might be the reason why you haven't noticed it.
Travala offers a genuine product with utility and creates value for investors through a variety of ways that includes a buyback scheme from revenue generated through bookings. Right now, over 30 cryptocurrencies can be used to book travel products on Travala and the generated funds will all get funnelled back into AVA.
What I like about Travala is the intentionality of the product. It kind of reminds of Leofinance and Splinterlands in that, it doesn't make outrageous promises that it can't keep.
Instead, just like the aforementioned projects on hive, Travala as a project, doubles down on development to ensure that there's a working product for investors.
On top of the product, Travala has a growing community and the backing of some renowned investors that includes Binance. In fact, right now, if you open the Binance mobile application, tap "Home" icon, select "more" and then scroll down to "others", you'll see an icon labeled "hotel" and that redirects you to Travala.
Not enough tokens
Right now, I have a small stack of about 260 AVA tokens altogether but I intend to add to my position. @trumpman is quite optimistic about this project and it is a sentiment that I also share with the radioactive Greek potato.
Considering that the crypto market is going to be horrible for the next couple of months/potentially years, there's enough time to slowly improve my position by dollar cost averaging.
I see this current price range as another opportunity to fill my bags with an asset that is destined for at least $100 at some point in its lifespan.
When the crypto industry matures and stop chasing shiny coins like the dead Luna and starts focusing on actual products, assets like AVA will be one of the top assets.
Posted Using LeoFinance Beta