Unlock the Future of Tourism: Top 5 Travel Crypto
The convergence of cryptocurrency and travel is fostering innovative solutions that elevate the travel experience. Here are the top five travel cryptocurrencies for 2024 and their applications.
The convergence of cryptocurrency and travel is fostering innovative solutions that elevate the travel experience. Here are the top five travel cryptocurrencies for 2024 and their applications.
1. AVA (Travala.com)
Travala.com is a blockchain-based travel booking platform that uses its native token, AVA, to provide various services and incentives. AVA is an ERC-20 token enabling 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, partnering 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, incentivizing frequent use and community engagement.
- Discounts and Staking: Holding AVA tokens entitles users to discounts on bookings and special deals. Users can also stake AVA to earn annual rewards, promoting token retention and usage.
Upcoming Features:
Travala.com will soon introduce AVA Deals, offering discounts of up to 60% on thousands of travel products, which can be booked using AVA. The AVA Open Loyalty API will be available, providing a 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. TRVL, the native cryptocurrency of the platform, enhances the travel experience for both hosts and guests.
Use Cases:
- Decentralized Booking: Dtravel allows direct bookings with vacation rental operators without centralized marketplaces, reducing fees and giving users greater control.
- Governance: Governed by a Decentralized Autonomous Organization (DAO), TRVL holders have voting rights to influence the platform’s direction, aligning it with users’ interests.
- Incentives: Vacation rental operators earn TRVL for each completed booking powered by Dtravel.
Upcoming Features:
Travelers will soon 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 encompasses a travel portal (Ariva.World), a payment gateway (Ariva.Finance), a metaverse (Ariva Wonderland), and a portal (Ariva.Club).
Use Cases:
- Travel Payments: ARV facilitates smooth and borderless transactions within the travel and tourism industry.
- Loyalty and Rewards: Travel companies can integrate ARV into their loyalty programs, allowing travelers to use rewards across various services and platforms.
- B2B Transactions: ARV simplifies business-to-business transactions in the travel sector, making settlements faster and more transparent.
Upcoming Features:
ARV plans to expand its reach through strategic partnerships and collaborations in the travel and tourism sectors, enhancing the adoption of ARV’s platforms and solutions, driving growth and innovation.
4. LockTrip (LOC)
LockTrip.com is a blockchain-driven travel marketplace that enables users to save up to 60% on bookings by eliminating intermediaries and their fees. Customers can pay with credit cards, popular cryptocurrencies, or the native LOC token, avoiding additional payment fees.
Use Cases:
- Hotel and Vacation Rentals: LockTrip allows users to book hotels and vacation rentals directly with cryptocurrencies, including LOC, 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)
AVINOC is revolutionizing the aviation industry through blockchain technology, aiming to streamline and enhance aviation operations.
Use Cases:
- Innovative Aviation Projects: AVINOC is implementing projects like VOO, the world’s first digital B2B marketplace for private jet charter flights, enabling seamless flight search, booking, payment, and management.
- Attracting Investment: The success of VOO attracts investors, funding further innovative aviation projects.
- Efficiency and Safety: AVINOC connects all aviation and travel industry participants through new technologies, making aviation operations smoother, more efficient, safer, and less expensive.
Upcoming Features:
Future plans include the implementation of airline tickets and jet fuel payments in cryptocurrency and the development of complete charter management via blockchain.
How to Start Accepting Crypto Payments
Accepting cryptocurrency payments is a great way for travel businesses to enhance their services. Benefits include attracting a broader customer base, reaching a global market, lowering transaction fees, increasing security, and offering a modern payment experience.
Interested in accepting crypto payments? NOWPayments makes integration easy with user-friendly plugins and comprehensive documentation. Follow these steps:
- Start by creating an account on the NOWPayments website.
- Go to the API section and create a new API key, essential for integrating NOWPayments with your website or booking platform.
- Follow the documentation to complete the integration.
- Choose which cryptocurrencies to accept. NOWPayments supports various digital currencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). With NOWPayments’ real-time fiat conversion, you can receive payments in either cryptocurrency or fiat currency while allowing customers to pay with crypto.
- 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.
