Travala.com (AVA) is a travel booking platform based on the NEO blockchain. The platform itself operates both a centralised front-end allowing suppliers to easily edit their listings, whilst operating a decentralised backend incorporating the NEO blockchain governing the AVA engine. Thus, building a trusted, transparent and secure travel booking platform reducing costs associated with the travel industry. Travala.com aims to disrupt the travel industry and provides multiple benefits over potential competitors within the market. A free business model, 0% booking and commission fees for the suppliers with no hidden fees. The incorporation of a peer-to-peer chat function between supplier and consumer along with ability to pay with AVA, other crypto and Fiat-currency payment options.
Travala.com (AVA) is a travel booking platform based on the NEO blockchain. The platform itself operates both a centralised front-end allowing suppliers to easily edit their listings, whilst operating a decentralised backend incorporating the NEO blockchain governing the AVA engine. Thus, building a trusted, transparent and secure travel booking platform reducing costs associated with the travel industry.
Travala.com aims to disrupt the travel industry and provides multiple benefits over potential competitors within the market. A free business model, 0% booking and commission fees for the suppliers with no hidden fees. The incorporation of a peer-to-peer chat function between supplier and consumer along with ability to pay with AVA, other crypto and Fiat-currency payment options. Furthermore, potential competition within the blockchain travel space typically utilising the Ethereum blockchain which operates the proof-of-work protocol. Currently, this does not provide scalability for a travel booking platform [with only 15 Transactions per second]. High transaction costs powered by a mining network contributing to the unsustainable developments of this particular blockchain on both an economic and environmental level. Thus, does not offer many benefits for a real-life use case.
Travala.com was designed to be a real-world use platform and by utilising the NEO blockchain it allows us to position ourselves above potential competition operating within the crypto space. NEO operating at 1,000 transactions per second with the aim to be running at 100,000 TPS by 2020 [as mentioned in NEO Devcon]. With the current speed of a transaction taking approximately 30 seconds to complete, which is something, a travel booking platform needs to consider competing against market leaders such as booking.com, KAYAK, Expedia.com, Viator or agoda.com. Costs per transaction cost just a drop of gas [less Thant $0.001]. NEO offers an eco-friendly approach by utilising the proof-of-stake protocol. Furthermore, eliminating any associated economical and environment issues associated with other blockchains. NEO consensus offers government compliance which Travala.com will incorporate once we begin advancements in new and emerging markets and regions across the globe.
AVA token system encourages and supports multiple scenarios such as smart contracts, exchange of data, booking agreement and dispute mechanism. In addition, the AVA infrastructure supports the development and mapping of the dApp and HTML web platform enabling Travala.com to reach the mass consumer within the travel industry.
UPD. Good job, guys!
Team looks strong, using NEO blockchain is intriguing at least, the only thing I don't understand - is why do they even need a blockchain.
They are basically putting Booking on blockchain, but there is nothing beneficial in that for end users and service providers.
To fully utilise the DLT in your project you need to rely on a consensus of replicated, shared and synchronized digital data, run on multiple independent nodes without central administration and central data storage.
I could understand if they try to build some kind of extra layer to enhance service provider's performance but instead we will get another booking app.
Good team, boring idea.
The only big Pro of the project is that it is NEO based. Potentially it will be promoted by NEO community since few but good quality ICO s are conducted on NEO.
I like to see ICOs tackle the Travel and tourism industry - it's dwarfs almost all others and is one of the world's fastest-growing sectors, with bookings hitting close to $1.6 trillion in 2017 (according to Deloitte).
Nice to see a NEO project as well - diversification from the Ethereum Blockchain is always interesting and this will give them a solid chance of success in building community via NEO followers - hence building network value. Team is solid, decent Whitepaper - Good luck!
Any MVP or beta I can access? Interesting idea, taking on bookings.com - nice - the integration of a BTC option for paying for travel bookings/hotels/flights will surely be a hit in the crypto space.
Good team and interesting that this project is built on the neo platform - may have benefits to attract the explosive growth in the travel industry from the East.
Roadmap is way way too slow if you are looking to raise that kind of cash. First mover will be succesful but the milestones are way to long, 2020 for a lot of pretty basic stuff I think
Many people and a diversified team for this ICO. Also many advisors that can help the team are giving their support to this ICO. The tourism and the travel industry is a market with billion in turnover, therefore this kind of industry have many possibilities to growth during time, also using the blockchain technology. In their website is stated that the app is not available yet and a beta version of the platform will be released in Q2-Q3 of 2018. Many competitors in this market so the team has to work on competitiveness to be leader in the market. KYC report has been done, this is a good thing for investors.
Good team, good idea and nice product.
Nice project, I believe that blockchain could really be a plus with it!
love the idea.. the team is great.. but you lost some points when you said you want to decentralize travel by utilizing a centralized blockchain.... adoption will be hard as barriers to entry are strong, but i do wish you all the best would love ti use such a service :)
Great team! I like this one! Good luck guys
Very long whitepaper (42 pages).
Competitors in related sectors:
The level of competition for blockchain-related projects in this sector is fairly low.
Good team and advisers.
The product is not there yet so I can't rate 5 for it - but using Neo is innovation and it has to be rewarded. I don't see anything on data privacy and security so that is also a question to be taken care of.
Will be really hard to compete many other players on a market...
Team looks good but not sure about suitable business concept
Really interesting idea in a busy market, led by a good team
how can it be cheaper than for example booking.com? If I call directly to the hotel, it will never give me the discount that booking.com gives me.
Solid team. Good to see NEO based project instead of Ethereum. I cant percieve at the momment the added value of this project if you compare it with another "traditional" travel booking platforms.
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