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NEO's EcoFund Invests in Blockchain-Based Hotel Booking Platform, Travala.com

NEO’s EcoFund Invests in Blockchain-Based Hotel Booking Platform, Travala.com

July 11, 2019 2 min read

Committed to crypto’s real-world use this investment will assist in Travala.com’s global expansion

London, United Kingdom––July 11th, 2019––Travala.com, the leading blockchain-based accommodation booking platform, will be one of the projects supported by NEO’s EcoFund. Aimed at propelling real-world use-cases, the NEO EcoFund investment will assist in the expansion of Travala.com with funds earmarked towards global growth, marketing, and talent acquisition, with an aim to double the developer team within the next six months.

Commenting on the announcement, Matthew Luczynski, CEO, and Co-Founder of Travala.com said, “The blockchain ecosystem is by far one of the most supportive industries out there. The cross-collaboration, support, and constant encouragement between projects is a true sign of our dedication to the collective goal of mass adoption. With this backing from a trailblazer within the space, we can now focus on hiring technical talent while making moves into our additional target markets.” “Over the last six months, we have seen a significant 1542% increase in the number of users on the Travala.com platform. Our priority for the next six months is to double the size of our current team in order to meet the demand in our service, which is exactly what this funding will help us to do,” added Luczyn...
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