Liquid Stake with compassSOL for an 7.19% APY from staking, MEV + fees

Enjoy the freedom of liquid staking in Solana Defi while delegating your stake to the high performance Solana Compass validator. Stake or unstake at any time here, or with a Jupiter swap.

Benefit from our high staking returns and over 2 years experience operating a Solana validator, and receive additional yield from priority fees + MEV tips

Earn 6.8% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 6.8% APY yield on your SOL, while supporting us to create new guides and tools. Learn more

Stake your SOL

  1. Click to connect your wallet
  2. Enter the amount you wish to stake
  3. Kick back and enjoy your returns
  4. Unstake from your wallet or our staking dashboard

Earn 6.8% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 6.8% APY yield on your SOL, while supporting us to create new guides and tools.

Learn more

Breakpoint 2024: Product Keynote: Travala (Juan Otero)

By breakpoint-24

Published on 2024-09-21

Travala announces integration with Solana and introduces Open Loyalty program for the Solana ecosystem

The notes below are AI generated and may not be 100% accurate. Watch the video to be sure!

In a groundbreaking announcement at Breakpoint 2024, Travala, the leading Web3 travel booking platform, revealed its integration with the Solana network and introduced a revolutionary loyalty program for the entire Solana ecosystem.

Summary

Juan Otero, representing Travala, took the stage at Breakpoint 2024 to share exciting developments for the Web3 travel platform. Travala, powered by its native AVA token, aims to revolutionize the travel industry by leveraging blockchain technology to enhance the travel experience for billions of users worldwide.

The keynote highlighted Travala's impressive reach, with over 3 million travel products available globally and a user base of 300,000 monthly active users. To date, the platform has processed over a quarter of a billion dollars worth of bookings, positioning itself as a major player in the travel industry.

The most significant announcement was the integration of the Solana network into Travala's platform. This integration allows users to book travel using Solana-based assets, including USDT, USDC, and SOL, with zero transaction fees. Additionally, the AVA Foundation has deployed the AVA token on the Solana network following a community vote, further strengthening the ties between Travala and the Solana ecosystem.

Key Points:

Travala's Mission and Impact

Travala's mission is to transform the way people experience travel through Web3 technology. The platform aims to become a crypto hub for millions of travelers worldwide, connecting them with each other and fostering personal growth through travel experiences. Travala believes that travel encourages curiosity, open-mindedness, and understanding, and seeks to make these life-changing opportunities accessible to everyone in a simple and rewarding way through the power of Web3.

By targeting the 1.5 billion people who book travel products monthly, Travala positions itself as a potential catalyst for bringing the next billion users to crypto. The platform's approach combines the familiarity of traditional travel booking with the benefits of blockchain technology, creating a unique value proposition for both crypto enthusiasts and mainstream travelers.

Solana Network Integration

The integration of the Solana network into Travala's platform marks a significant milestone for both companies. Users can now book travel using Solana-based assets, including USDT, USDC, and SOL, with zero transaction fees. This integration not only expands payment options for users but also leverages Solana's high-speed, low-cost transactions to enhance the booking experience.

The deployment of the AVA token on the Solana network, following a community vote, further cements the relationship between Travala and the Solana ecosystem. This move opens up new possibilities for AVA token holders and expands the utility of the token within the Solana ecosystem.

Open Loyalty Program

One of the most exciting announcements was the introduction of the Open Loyalty program, described as the world's first interconnected Web3 loyalty program for the entire Solana ecosystem. Powered by the AVA token, this program brings on-chain loyalty to Solana, offering a range of benefits to users and creating new opportunities for Solana-based projects.

The AVA Smart program, which already boasts around 30,000 smart members, forms the foundation of this loyalty initiative. Members can enjoy benefits such as discounts, cashback rewards, airdrops, and access to exclusive travel experiences. Top-tier members holding Travel Tiger NFTs gain additional perks, including access to over 1,300 airport lounges worldwide.

The Open Loyalty program aims to create a symbiotic relationship between Travala and other projects within the Solana ecosystem. By integrating with Travala, Solana-based projects can offer more utility to their tokens and gain visibility through member airdrops and cross-marketing initiatives.

Facts + Figures

  • Travala has over 3 million travel products available globally
  • The platform has processed over a quarter of a billion dollars worth of bookings
  • Travala reaches over 300,000 monthly active users
  • 1.5 billion people book travel products monthly, which is Travala's target audience
  • The AVA Smart program has around 30,000 smart members
  • Top-tier members of the AVA Smart program get access to over 1,300 airport lounges worldwide
  • Users can get up to 13% back on bookings in AVA, Bitcoin, and soon Solana
  • Travala offers a $350 voucher for developers in the Solana ecosystem

Top quotes

  1. "We set on a mission to target these 1.5 billion travelers and change the way they experience travel with Web3 technology."
  2. "We see Travala becoming a crypto hub for millions of travelers across the world, a place where they can connect with the world, with each other, and themselves."
  3. "It is my pleasure to announce here today that the Solana network has already been integrated on Travala."
  4. "What is the point in continuing to book in Expedia and Booking.com where you can book with Travala? You can pay with crypto, you can support the industry, you get the best deals and you get real rewards."
  5. "The Open Loyalty program is the world's first interconnected Web3 loyalty program for the entire Solana ecosystem."

Questions Answered

What is Travala?

Travala is the leading Web3 travel booking platform, powered by its native AVA token. It offers over 3 million travel products globally and aims to revolutionize the travel industry by leveraging blockchain technology. Travala has processed over a quarter of a billion dollars worth of bookings and reaches over 300,000 monthly active users, positioning itself as a major player in both the travel and cryptocurrency industries.

How has Travala integrated with Solana?

Travala has fully integrated the Solana network into its platform. This integration allows users to book travel using Solana-based assets, including USDT, USDC, and SOL, with zero transaction fees. Additionally, the AVA Foundation has deployed the AVA token on the Solana network following a community vote, further strengthening the ties between Travala and the Solana ecosystem.

What is the Open Loyalty program?

The Open Loyalty program is described as the world's first interconnected Web3 loyalty program for the entire Solana ecosystem. Powered by the AVA token, this program brings on-chain loyalty to Solana, offering a range of benefits to users such as discounts, cashback rewards, airdrops, and access to exclusive travel experiences. It aims to create a symbiotic relationship between Travala and other projects within the Solana ecosystem.

What benefits does the AVA Smart program offer?

The AVA Smart program offers various benefits to its members, including discounts on travel bookings, cashback rewards, airdrops, and more. Top-tier members holding Travel Tiger NFTs gain additional perks, such as access to over 1,300 airport lounges worldwide and exclusive travel experiences. Users can get up to 13% back on bookings in AVA, Bitcoin, and soon Solana.

How can Solana projects benefit from partnering with Travala?

Solana projects can benefit from partnering with Travala in several ways. They can offer more utility to their tokens by integrating as a preferred payment method on the Travala platform. Additionally, they can gain visibility through member airdrops and cross-marketing initiatives. Travala also offers a $350 voucher for developers in the Solana ecosystem to encourage partnerships and integration.


Related Content

Breakpoint 2024: Product Keynote: Kamino (Marius C.)

Kamino announces major upgrades and expansion plans for its DeFi protocol on Solana

Breakpoint 2024: Product Keynote: Streamflow (Malisha imprfekt)

Streamflow announces major platform upgrades and token launch at Solana Breakpoint 2024

Breakpoint 2024: Product Keynote: In the Blink of an Eye

Chris Osborn introduces Blinks, a revolutionary technology changing how we interact with the internet

Breakpoint 2023: Under The Hood: Wallets and The Tech That Powers Them

An insightful peek into the Solana ecosystem's wallets and the innovative technologies ensuring both safety and user convenience.

Breakpoint 2024: Product Keynote: Data Transfers at the Speed of Light

David Rhodus introduces Pipe Network, a revolutionary content delivery system for Solana

Breakpoint 2024: Product Keynote: DRiP: Building the Consumer Application

Vibhu Norby introduces DRiP's new mobile app and announces the public beta for iOS and Android

Breakpoint 2024: Product Keynote: Tensor (Richard Wu)

Tensor announces full open-sourcing of their NFT marketplace protocols and launches a new grant program for developers

Breakpoint 2024: Product Keynote: Zeus (Jim Ironaddicteddog, Dean Little)

Zeus Network unveils groundbreaking technologies to bring Bitcoin functionality to Solana

Breakpoint 2023: ZK on Solana: Private Solana Programs

An exploration of zero-knowledge proofs for enhanced privacy on the Solana blockchain.

Breakpoint 2024: Product Keynote: Birdeye (Kha Nguyen)

Birdeye unveils major upgrades including a faster interface, personalized dashboard, and mobile app at Solana Breakpoint 2024.

Breakpoint 2024: Product Keynote: Bridge: Make Money Move

Bridge announces new stablecoin-to-card spending feature in collaboration with Squad Labs

Breakpoint 2023: Creator Economy on Solana

Exploring the rising creator economy on Solana with a focus on on-chain monetization and relationships.

Breakpoint 2023: Solang: Running Solidity Natively on Solana

An introduction to Solang, a tool that compiles Solidity code to run natively on the Solana blockchain.

Breakpoint 2024: Product Keynote: 20 Lessons for Crypto Founders

Imran Khan shares 20 key lessons for crypto founders based on his experience building startups in the Solana ecosystem

Breakpoint 2023: Buddy Link: The Future of Web3 Engagement

BuddyLink introduces a new dimension of Web3 user engagement and business marketing tools.