Hello Travala Team, please tell us a little bit about Travala.

Travala is a decentralize travel booking marketplace build on the NEO-blockchain. We aim to create a smart travel economy for the ecosystem incorporating multiple layers within our token economy. The platform operates with a 0% commission fee reducing costs for suppliers and consumers alike.

Can you please tell us about the team’s background in blockchain and experience with cryptocurrencies?

The team has an extensive background in travel, approximately 75 years collectively. The team also understand the key fundamentals of the blockchain and the benefit we will bring to the travel industry.

What is the current state of functionality for the travel booking marketplace?

Currently, the marketplace is undergoing key backend developments and will be releasing a testnet version of the platform Tuesday 12th of June 2018. This will allow our community to provide us with feedback on the design and functionality of the platform. Following this, a working version, Alpha V.2, is scheduled for release within 4–6 weeks of the testnet launch. The Alpha V.2 will be fully functional and give users who hold the AVA token ability to book listings which are available. We estimate to have between 5,000–10,000 listings for the V.2 launch.

How are you aiming to provide scalability to your service?

We aim to scale the platform with strategic developments and the incorporation of targeted communities. We understand the mechanism of building a foundation of users which will initially come from the NEO community. We also have a number of potential listings which have global coverage, however, this is yet to be confirmed.

Does Travala have any close competitors? If so, who?

Our competition is with the likes of booking.com or Expedia for example. They dominate the travel sector and we welcome any other travel-related product or service to the blockchain space which also aims to achieve what we do. The travel industry is vast and there’s room for more than 1 travel related blockchain product/service.

I noticed that you guys have recently rebranded. What is the reason for this?

We initially planned to migrate the platform from concierge.io to concierge.com. However, during our funding rounds, the domain got purchased by a major corporation. This then leads us to broaden our horizons and developed a plan to move forward with our new brand, Travala.com. Travala is unique, yet covers exactly what we are doing. The token swap and rebrand we decided to do prior to the exchange listing to make sure it was done with minimal hassle for our community as possible, which we believe we achieved.

Thinking about the future, do you have any roadmap with relevant upgrades or partnerships?

Yes, we are currently working on developing our token economy and will be incorporating some additional features to the platform moving forward. These are yet to be finalized but once ready we will release this information to our community. Partnerships, we have a number of potential partnerships scheduled for release and more will come as we develop. Again, our token economy will develop and incorporate more partnerships are we move forward with the project.

Is there anything else that you would like the people to know?

Make sure you’ve joined our telegram announcement channel and Reddit to stay up to date with all things happening with Travala.com. AVA is now available on Switcheo exchange.

Answered by Matthew Luczynski, Co-Founder, Travala.com

Thank you