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The Incubator

Travala.com Needs Your Help to Accelerate the Business

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travala-crowdfunding

Travala.com, the blockchain based hotel and accommodation booking platform, has announced a crowdfund to accelerate the growth of the business and they have already reached 107% of the target. 

Travala, according to its website, “is a Next-Gen Online Travel Agency (NOTA), providing a revolutionary, easy to use booking platform combining the latest travel technology, decentralised technologies and tokenized incentive structures.” Travala allows users to pay with 40+ cryptocurrencies as well at fiat. 

travala-screenshot-website

Since its launch in 2017, the platform looks to provide accommodation for crypto users and is one of a number of companies looking to give digital currency greater mainstream adoption. With over 40 crypto currencies accepted as forms of payment including Bitcoin, Ethereum and a host of popular tokens in between, alongside other traditional methods of payment, Travala is the go-to place for accommodation booking with Crypto.  

The advertisement for the crowdfunding said:

“Our incentive programs give cryptocurrency to each user that completes tasks on the platform, creating an interactive and valued booking experience over big players in the travel industry.”


The company has certainly made a splash since its creation, reporting an average monthly growth of 108% in hotel bookings from Nov 2018 to Feb 2019. Following the cash injection from their fundraising efforts, Travala plans to list on comparison sites such as Kayak.com with the aim of completing 174,000 bookings by the end of 2021.

Jason Lee is a writer for various crypto publications and manages a small team on Medium. His love of technology and inquisitive nature set him up with crypto back in early 2016 and he hasn’t looked back since. In his spare time, Jason enjoys rock climbing and wakeboarding.

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