The very famous hotel booking site, accepts cryptocurrency, among the other forms of payment. With Travala.com, you have access to 500,000 properties, in more than 200 countries, and more than 80,000 destinations. After 10 years, the market, has been driven to an oligopoly, where the 10 top sites, belong to two players. The blockchain, is a core technology for Travala. First it was voice telephony, then data transmission, and now, with the help of the blockchain, there is real value exchange, between, the network, participants.
The oligopoly, forces hotels, and other travel service providers, to play by their rules. Each consumer, has it's own preferences, in the travel booking market, but, most of them choose among the top five participants. The businesses, are under constant pressure, to maximize, the oligopoly's profit. The lack of true consumer choice, was hidden until recently, but slowly and steadily, cracks, are appearing.
Travala, is the first next generation, on line travel agency. With integration of the NEO blockchain, the consumer, can connect to the largest and best-value wholesale providers, in the travel industry. The Travala value proposition, is powered, by the AVA token. As it is, the native digital asset, users can benefit, of 15% discounts, it is a reward, for users, with authentic reviews, and it is paid as fuel by other platforms, to use the Travala infrastructure. The token is based on the NEO NEP-5 standard, and it uses the NEO blockchain. They can be held, in any NEO address, using any wallet software, that supports the NEO blockchain.
It is very nice to see travel specific, tokens, as travel, is a huge industry nowadays. The future will bring more. Have fun!