AVA (Travala)
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AVA is the native token of Travala, a travel booking platform that accepts cryptocurrency as payment for hotels, flights, and other travel services. It is designed for people who want to book travel using digital assets, reducing reliance on traditional payment rails and loyalty programs. Travala positions AVA as the means by which users can pay for bookings, earn rewards, and access discounts within its platform.
AVA is classified as a digital asset of the 'other' kind, and the stored data does not include details about a consensus algorithm, block time, or underlying blockchain of its own, which suggests it operates as a token on an existing network rather than as the native currency of a standalone chain. Within the Travala platform, AVA is used for payments, staking for loyalty tier benefits, and receiving rewards on bookings. Beyond these platform-level functions, the technical settlement mechanism is not described in the available data.
The data provided does not include a fee stream, revenue figures, or information about who collects or distributes fees within the Travala protocol, which means fee-based measures common on this site are not calculable from what is stored here. What is recorded is that at this point in time, approximately 70.23 percent of the maximum supply of 100 million tokens is in circulation, and roughly 94.43 percent of the total supply that will ever be issued has already been issued. These supply figures are point-in-time snapshots and describe the token distribution rather than any economic flow.
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