Travala - May results are still strong but seem to suffer from the crypto downtrend

Crypto is down and this has also some negative effects on the books of Travala, unfortunately. The new report for May 2022 that was published recently is showing decreasing revenue for May. With $5,353,849 - these where million down compared to the $6,278,867 reported for April. However, this represents still a 57% year-on-year growth compared to May 2021

Accordingly we see some lower numbers of room nights booked (10,822 vs 12,633 in April -14,3%) and in flights booked (2,566 vs 2,616 in April -1,9%).

A total of 8,955,450 AVA (vs 9,101,450 in April -1,6%) are locked by 6776 (6806 in April -0,44%) SMART program which represents 17.48% of the circulating supply which is now 51,232,537.23 AVA.

As you can see from the table below, exactly 715 Diamond Smart members are registered. The floor price of the Travel-Tiger NFT, which is needed in addition to the 2,500 AVA staked for that Diamond Smart member level is currently 4,4 ETH (up from 1,3 ETH at the time of minting).

Smart Diamond – 715
Smart Platinum – 2,114
Smart Gold – 143
Smart Silver – 491
Smart Bronze – 1,395
Smart Steel – 958
Smart Basic – 924

Smart Dimond members are able to get their share of 10% of the net revenues by completing a marketing task. For the second quarter of 2022, there is no information on what this task will be available yet. The reward for the last quarter was 160€ in Travel-Credits.

The community pool has been filled again with 3% of revenue for May 2022, representing 229,450 AVA worth $160,615, and with 50% of secondary sale royalties for May 2022 representing 4,996 AVA worth $3,497. So in total 234,446 AVA has been added to the community pool for May.

This is still one of the most interesting real-world-use cases for crypto-currencies to date. With the track record of continuous development and community engagement, this will soon be reflected also in the price of AVA.

This is @no-advice for @spinvest-leo

Image by @mariosfame

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