Litecoin Foundation and Travala.com join forces

May 12, 2019

Travala.com, a blockchain-backed travel accommodation booking platform, has recently announced a partnership with the Litecoin Foundation to aid in the move to make cryptocurrencies more mainstream as a payment option.

In its business plan, Travala describes itself as "the next-gen online travel agency". Its 567,928 properties span across 82,311 destinations in 210 countries.

Travala believes that its platform offers several benefits that make it better able to serve a younger generation of consumers who "dislike the established order, have not yet formed their brand loyalties, and yet are tech-native and extremely socially aware."

These benefits include:

  • at least 15% cheaper than "traditional" online travel agencies such as Expedia.com, Booking.com, and TripAdvisor.com;
  • support for cryptocurrency payments (as well as fiat currencies);
  • "blockchain-verified" reviews; and
  • a" token-powered incentivization economy"; the AVA token "enables users to benefit from the largest possible discounts when booking their next trip, is given to contributors who help grow the platform through authentic reviews and other content, rewards those who make successful referrals and is paid as fuel cost by other platforms when they leverage Travala infrastructure to improve their own offerings."

These are Travala's current payment options:

Travala Payment Options.png

Travala says that it is "kickstarting" its partnership with Litecoin Foundation with the  #TravelWithLitecoin campaign, in which "Travala.com and Litecoin Foundation will enable users to save up to 40% on hotel bookings through Travala.com and Litecoin’s LoafWallet."

The Loafwallet is a Litecoin wallet available for iOS and Android. It was built by Litecoin creator Charlie Lee, and it is maintained by the Litecoin Foundation. 

Read more here

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.

Miabannermay12

May 12, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Prophero
PropHero Cuts Australian Staff as Focus Turns Towards Europe and Asia

PropHero, the AI-powered CRM platform that helps property buyers find investment opportunities, has confirmed changes to its Australian operations just...

Read More
Fdv Up Arrows 1
FDV Regains Positive Free Cash Flow in Q1 as Zameen Shows Signs of Recovery

The ASX-listed, Malaysia-based marketplace operator Frontier Digital Ventures (FDV) has released a report on its activities for the first quarter...

Read More
Hemnet Building With Logo Editado 2
​Hemnet Delivers Strong Q1 Results Amidst Product Innovation and Market Momentum​

Sweden's leading property portal, Hemnet, has reported impressive financial results for the first quarter of 2025, showcasing the robust growth...

Read More
Product Update 2025Apr25 3
Product and Services Roundup: Loopnet, Finn.no, REA Group, Rightmove, Housing.com, AtHome.jp

This week's Product Roundup is flush with some of the biggest names in global real estate. We'll start in Europe,...

Read More

Editor's Pick