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What other similar projects does CZ’s encrypted travel platform Travala have?
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2024-12-13 13:02 8,912

Jessy, Golden Finance

On December 12, Changpeng Zhao stated on X that Binance invested in a crypto travel platform Travala.com before the epidemic. According to the news released on the project’s

Affected by this news, AVA’s 24-hour increase reached nearly 267%. Travala was established in 2017 and has received investment and support from Binance. It is currently connected to the Binance Exchange APP, and the project interface can be found directly in the Binance APP for use.

Using cryptocurrency payment to deal with people’s daily necessities of life is an important step for cryptocurrency to truly exert its monetary properties. In addition to the use of cryptocurrency, these platforms like Travala also use the decentralization and other characteristics of blockchain technology to revolutionize traditional travel, taxi hailing, house rental, etc. In addition to Travala.com, what other outstanding projects are currently working on this track?

Travala

Travala was founded in 2017 to provide the cryptocurrency community with an affordable way to travel using a decentralized platform and cryptocurrency incentives, and is committed to making cryptocurrency Payment becomes the main option in the travel industry.

Travala currently covers 2.2 million hotel resources in 230 countries around the world, providing users with a wealth of accommodation options. . In addition to hotel reservations, it also supports users to book B&Bs and flights through cooperation with D Travel and others.

Travala supports 81 cryptocurrency payment methods including Bitcoin, Ethereum, USDC and more. In addition to cryptocurrencies, the platform also accepts payment methods such as credit cards, Crypto.comPay, Binance Pay, My Wallet, Apple Pay, Vnpay, and travel points.

Its token $AVA can currently be used as a payment medium within the platform. Holding this token can also enjoy special offers and discounts provided by the platform when booking travel services. The platform has also set up an incentive plan to reward users based on their AVA holdings and accommodation consumption. At the same time, the token is also the governance token within the platform.

The token currently has a 24-hour increase of 267%, with a market value of US$160 million

Dtravel

Founded in 2021, it is a sub-project of Travala.com , which is a decentralized shared house rental platform based on blockchain technology. People can search for vacation rentals around the world on the platform and book directly with owners without going through traditional online travel intermediaries.

Compared to AirbnbLike traditional online travel rental platforms, Dtravel eliminates the high commissions in the middle links, allowing travelers to enjoy more affordable prices.

In 2021, it received a US$5 million seed round of investment and received support from former executives of Airbnb, Expedia and other global technology companies.

Dtravel is managed by its community through a decentralized autonomous organization. The token within the platform is TRVL, which will be issued in 2021. It can be used to book accommodation and other travel services on the Dtravel platform. The token is also an incentive In this way, users who participate in various activities on the platform, such as completing reservations, making contributions to the platform, etc., can receive TRVL token rewards. At the same time, holding this token will enjoy booking discounts within the platform, etc. TRVL is also the governance token of the platform.

The token has increased by more than 30% in 24 hours, and its current market value is US$29.31 million.

Staynex

Founded in 2022, it is a solution that is transforming the travel and hospitality industry through blockchain technology. By leveraging blockchain technology, artificial intelligence and decentralized financial protocols, it provides users with hotel and resort booking services and currently has partnerships with more than 2.5 million hotels, resorts and serviced apartments. The project hopes to use blockchain technology to remove intermediate links, provide travelers with more favorable prices, save costs for hotels and resorts, and increase their profit margins.

Technically, in 2023 it announced a cooperation with Huawei, using Huawei's artificial intelligence tools within the platform. The cooperation also includes integrating Staynex into the Huawei market.

The native token within the platform is $STAY, and token holders and members can enjoy exclusive privileges, loyalty programs and special offers. Through staking and claiming options, holders can also share 20% of the platform’s revenue.

CryptoRefills

Founded in 2018, it is a crypto daily trading service company headquartered in Amsterdam, the Netherlands, which is committed to making People around the world are able to use Bitcoin and other cryptocurrencies for their daily needs, bringing blockchain-based payments into their daily lives. Its business scope mainly covers gift card purchases and mobile phone recharges. Users can use cryptocurrency to purchase gift cards from 4,500 brands around the world on its platform, and supports mobile phone recharge services for more than 600 mobile operators in 180 countries and regions around the world. .

Currently, it supports cryptocurrency payments such as Bitcoin, Litecoin, Ethereum, USDC, USDT, MIM, DAI, Euro Stable Coin (EUROC), FRAX, as well as Avalanche, Polygon, Solana, Tron, Fantom、Binance Chain, Arbitrum and other networks.

In October 2022, it completed a seed round of financing, led by Eric Barbier, founder of Singapore crypto payment provider Triple A, with participation from LXA Advocaten investment advisors Marnix Geraerts and Daniël Soons. The specific financing amount is temporarily Not disclosed.

The project has not issued tokens.

DRIFE

Founded in 2018, it is a decentralized ride-hailing platform that aims to use blockchain technology to Subvert the traditional ride-hailing service business model dominated by Uber and Lyft, and create a more fair, efficient and transparent peer-to-peer network ride economy and transportation market for drivers and passengers. The best feature of this project is its zero-commission fee structure.

On July 20, 2021, Drife announced the completion of $2.7 million in venture token financing. This round of financing was led by MasterVentures, GD10, AU21 Capital, Titans Ventures and FBG Capital.

In 2024, the project announced integration with the Sui blockchain and went online for trial operation in Dubai.

The token of the project is $DRF. Its main function is as a payment currency within the platform. It can not only be used to pay for rides, but users who hold the token can also gain loyalty. Rewards and participation in platform staking and other functions.

The token fell 2.5% in 24 hours and currently has a market value of $19.38 million.

Of course, in addition to encrypted payments, the DRIFE platform also provides users with traditional payment methods, such as cash, credit cards, etc.

Keywords: Bitcoin
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