The intersection of cryptocurrency and travel is creating innovative solutions that enhance the travel experience. Here are the top five travel crypto for 2024 and their use cases.
1. AVA (Travala.com)
Travala.com is a blockchain-based travel booking platform that leverages its native token, AVA, to offer various services and incentives. AVA is an ERC-20 token that facilitates a wide range of functionalities within the Travala ecosystem.
Use Cases:
- Booking Platform: AVA can be used to book hotels, flights, and activities on Travala.com, which partners with over 600 airlines and 3 million travel products worldwide.
- Incentives and Rewards: Users earn AVA tokens through the Smart Program by booking travel services and leaving reviews. This loyalty program incentivizes frequent use and community engagement.
- Discounts and Staking: Holding AVA tokens entitles users to discounts on bookings and access to special deals. Additionally, users can stake AVA to earn annual rewards, further promoting token retention and usage.
Upcoming features
Travala.com will soon offer AVA Deals, featuring thousands of travel products at discounts of up to 60%. These exclusive deals can be booked using AVA, enhancing the token’s utility as a payment option for travel services. The AVA Open Loyalty API will soon be available, providing projects with a versatile set of loyalty reward APIs powered by AVA. Additionally, there will be a Grants Program to support projects through milestone-based funding.
2. TRVL (Dtravel)
Dtravel is a decentralized platform for the travel industry that leverages blockchain technology to create a community-owned ecosystem. At the heart of this ecosystem is TRVL, the native cryptocurrency that powers the platform. TRVL serves multiple functions within the Dtravel network, enhancing the overall travel experience for both hosts and guests.
Use Cases:
- Decentralized Booking: Dtravel operates without the need for centralized marketplaces, allowing users to book directly with vacation rental operators. This peer-to-peer model reduces fees and gives users greater control over their transactions.
- Governance: Dtravel is governed by its community through a Decentralized Autonomous Organization (DAO). TRVL holders have voting rights and can influence the platform’s direction, ensuring that it remains aligned with the users’ interests
- Incentives: Vacation rental operators earn TRVL on every completed booking powered by Dtravel.
Upcoming features
Travelers will soon be able to earn TRVL tokens by collecting proof-of-travel stamps and sharing guides and itineraries with the community. TRVL will also function as a membership token, unlocking special features when staked. Moreover, travelers paying for bookings with TRVL will receive discounts, enhancing the token’s utility and value within the Dtravel ecosystem.
3. ARV (Ariva)
Ariva ecosystem consists of a travel portal Ariva.World, payment gateway Ariva.Finance, Metaverse Ariva Wonderland, and portal Ariva.Club.
Ariva.World is a decentralized travel and tourism portal where users can book services with cryptocurrencies. It aims to connect travelers with global and local tourism service providers based on previous travelers’ experiences and feedback. This feature allows travel service providers like hotels, airlines, and car rental companies to manage their products and services efficiently.
Use Cases:
- Travel Payments: ARV is designed to be used as a payment method within the travel and tourism industry, facilitating smooth and borderless transactions.
- Loyalty and Rewards: Travel companies can integrate ARV into their loyalty programs, providing travelers with rewards that can be used across various services and platforms.
- B2B Transactions: ARV aims to simplify business-to-business transactions in the travel sector, making settlements faster and more transparent.
Upcoming Features
Future plans for ARV include expanding its reach through strategic partnerships and collaborations within the travel and tourism sectors. These partnerships are intended to enhance the adoption of ARV’s platforms and solutions, driving growth and innovation in the travel industry.
4. LockTrip (LOC)
LockTrip.com is a blockchain-driven travel marketplace that enables users to save up to 60% on their bookings by eliminating intermediaries and their fees. Customers can make payments using credit cards, popular cryptocurrencies, or the platform’s native LOC token, which helps avoid additional payment fees. LockTrip aims to make travel more affordable for the average consumer by reducing the costs typically associated with traditional booking methods.
Use Cases:
- Hotel and Vacation Rentals: LockTrip allows users to book hotels and vacation rentals directly with cryptocurrencies, including its native LOC token, at lower prices compared to traditional platforms.
- Blockchain Marketplace: It operates a blockchain-based travel marketplace that cuts out intermediaries, passing on the savings to customers.
- Staking and Rewards: Users can stake LOC tokens to earn rewards, promoting long-term engagement with the platform.
Read more about LockTrip and their future plans in our previous article!
5. Avinoc (AVINOC)
The aviation industry is undergoing a significant transformation, and one of the trailblazers in this revolution is AVINOC. AVINOC aims to streamline and enhance the efficiency of aviation operations through the power of blockchain technology. Let’s delve into what AVINOC is, its mission, and how it is set to transform the aviation industry.
- Implementation of Innovative Aviation Projects: AVINOC is successfully implementing groundbreaking aviation projects, with VOO being the first. VOO is the world’s first digital B2B marketplace for private jet charter flights, enabling users to search, book, pay, and manage flights seamlessly.
- Attracting Investment for Future Projects: The success of VOO attracts investors, providing the necessary funding to realize further innovative aviation projects.
- Enhancing Efficiency and Safety in Aviation: AVINOC aims to connect all participants in the aviation and travel industry by implementing new technologies. This long-term vision focuses on making everyday aviation operations smoother, more efficient, safer, and significantly less expensive.
Upcoming Features
Future plans of AVINOC include implementation of airline tickets and jet fuel payment in cryptocurrency and development of entire charter management handling via blockchain.
How to Start Accepting Crypto Payments?
Accepting cryptocurrency payments is an excellent choice for travel businesses looking to enhance their services. The advantages of crypto payments include attracting a broader customer base, reaching a global market, lowering transaction fees, increasing security, and offering a seamless and contemporary payment experience.
Interested in joining innovative companies by accepting crypto payments? NOWPayments makes integration easy with user-friendly plugins and comprehensive documentation. Follow these steps:
- Sign Up for a NOWPayments Account.
- Generate an API Key. Go to the API section and create a new API key. This key is essential for integrating NOWPayments with your website or booking platform.
- Integrate NOWPayments with Your Website.
- Configure Payment Options. Choose which cryptocurrencies to accept. NOWPayments supports a variety of digital currencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more. With NOWPayments’ real-time fiat conversion, you can receive payments in either your preferred cryptocurrency or fiat currency while allowing customers to pay with crypto.
- Enjoy! Once everything is set up and tested, activate the cryptocurrency payment option on your website. Inform your customers about this new payment method through email newsletters, social media, and website announcements.