Travala announced a new round of crowdfunding, as they expand into new opportunities within the Trillion $ travel industry. Decentralization and Web3 have created an incredible dynamic for disruption in many industries and when a group of innovative individuals manage to harness the power of these new technologies, it is always amazing to see the dreams realized and hard work generating amazing results. Not only from a financial aspect but also in an industry that has seen an incredible amount of companies going bankrupt due to the Coronavirus Pandemic. 

With many brick and mortar travel agencies closing their doors, which was a growing trend even before the Pandemic started, more and more travelers prefer the convenience of booking online, with the ability to pay via FIAT and now cryptocurrencies the entire industry is going through an unprecedented shift in consumer behavior. The old ways are giving way to new ways and it is so true the saying - Nothing stays the same, the world is in constant change. 

So to continue support growth Travala.com is raising up to £1.5 million on Crowdcube a leading European investment crowdfunding platform. They are offering the community of qualified investors the ability to get an equity stake from as little as £10. Of course, in order to realize any real ROI one would have to invest a reasonable amount of money, it is however great that the everyday person can participate in this crowdfunding round. 

There are of course many incentives to be a part of the Travala ecosystem which include rewards in the form of bonus AVA tokens as well as real discounts (up to 40%) on bookings across a wide variety of properties and travel options. AVA token holders can also stake the tokens for bonuses through their "Smart program". Over the course of the growth of Travala into a burgeoning juggernaut in the travel industry, they have forged strategic partnerships that have exponentially increased not only their community and user base but also their credibility in the market. I think a little known fact is that Binance.com, the world’s largest crypto exchange, is also an investor and partner in Travala.com. The strategy they have deployed has ensured a steady pace of growth in general with upwards of 150,000 monthly active users. 

Travala has consistently achieved revenue growth averaging around 40% per month since inception back in 2017 which is impressive. They have successfully integrated with leading industry goliaths such as Booking.com, Expedia, Agoda, and Priceline, which allows them to offer 3 million travel products, including hotels, homes, flights, and more—across 90,000 destinations worldwide. 

So in summation as someone interested in innovation and disruption in the travel industry and with blockchain in general, my humble opinion is that despite the incredible challenges that we are facing worldwide, there are still opportunities for growth and wealth creation, with the right mindset and enthusiasm when one loves what you do a job is less like a job and more akin to making the most out of life no matter what we face today. 

You can read all about their crowdfunding campaign below, direct from the Travala team, thanks for reading my ramblings, please do comment if you want to. 

https://blog.travala.com/by-popular-demand-travala-com-to-offer-one-last-chance-for-equity/