Implemented on the NEO blockchain, operating with a dBFT protocol the NEP-5 token is the asset that powers the whole Travala economy.
I personally think AVA is one of if not the ONLY token in the crypto world right now you can assign a hard dollar value to it based on savings and platform usage.
One example instance you hold "X" number of tokens to get discounts on your bookings based on holding teirs.
Based on this you can look at your holiday, say it's going to cost "Y" you can then calculate what "X" discount is and the value vs "Y" of your holiday. If it costs less than to purchase the AVA tokens needed to give you the discount then you will buy the token and they have an assigned value of "YX" to you .
Don't for get these tokens are tradable after your booking if you want to risk selling again after your trip and rebuy at a (possible) higher price in the future. Once again, this is my personal musing.
Booking .com makes over 1 million bookings PER day.
If Travala had as little as 20 bookings per day of people who are a SMART member taking the average holding.
(AVA x Bookings x daysmonth)
2500 x 20 x 30 =1,500,000 With a current circulating supply of 35,103,443 AVA what will happen to the price ?
Certainly an AVA token valuation must rise when the demand increases so dramatically ?
This is only ONE of the uses cases, doesn't even take into account loyalty rewards, invite programs etc.. You can very easily see a very sharp incoming demand for the token once mass adoption (or even limited adoption) hits. Bookings have already increased month by month on the live and operational platform so stay posted..
The below gif is a depiction of AVA tokens flowing from the left hand side the "Open Market" or "Circulating supply" into the Travala.com platform.
By having a large number of uses cases for the AVA token such as the SMART program the tokens will naturally and gradually migrate into the Travala booking platform.
You can imagine each of the Use Cases talked about HERE as one of the water droplets below.
It's simple More bookings = more being used in the platform, less available on the open market..
What can we expect of price per AVA when the sell books thin out ?
Can we look at historical data and utilise Supply, Demand and price curves ?
A Decrease in Supply & an Increase in Demand
When there is a decrease is supply and an increase in demand, the new equilibrium occurs at a higher market price . The new equilibrium quantity may be larger, smaller, or unchanged depending on the magnitudes of the shifts.