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Travala.com will Move to Binance Chain and Initiate a Buyback and Burn Program for AVA

September 3, 2019 2 min read

“The leading blockchain-based hotel booking platform with over 1,700,000 properties globally will migrate to Binance Chain to maximize its token economics, usability, security and speed.” London, United Kingdom –– September 3, 2019 — After months of research Travala.com is thrilled to announce it will be joining the Binance Chain ecosystem. This is part of Travala.com’s determination to improve the token economics of its native token (AVA), while offering faster processing times, better performance and ease of on-chain use of AVA within the platform. Travala.com has also announced that it will integrate Binance Coin (BNB) as a preferred payment method for booking travel worldwide and will submit a proposal for listing on Binance DEX. Travala.com will provide more details about the migration in due course. In the meantime, users currently holding AVA (NEP5) on the NEO blockchain will still be able to trade, deposit and withdraw AVA tokens as usual. Matthew Luczynski, Travala.com’s CEO, said, “As the world’s leading blockchain-based hotel booking platform, we’re thrilled to support Binance Chain in a common mission to grow the blockchain ecosystem and to promote the adoption of cryptocurrencies globally.” Travala.com’s new bu...
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