Hotel Booking Platform, Travala.com

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

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 Luczynski.

Launched earlier this year, the NEO EcoFund will be
available to projects at different phases of their life cycle, from seed phase,
through to growth, and maturity. Travala.com, currently in its growth stage,
will utilise the funding to further drive its current marketing efforts, expand
the team and advance the technology. 

Saving consumers
up to 40% on their hotel stays and with a reach of over 210 countries and
territories, Travala.com’s portfolio of over 82,000 destinations, has increased
by 2084% in the last six months. Offering a consumer-based application of
blockchain technology, Travala.com is able to provide a further-optimised
booking platform and an equitable pricing model that benefits both consumers
and hotel partners alike. In addition to offering leading cryptocurrency
payment methods on its platform, Travala.com also accepts including PayPal,
Visa and MasterCard payments.

“With our EcoFund we hope to create a supportive
environment, propelling ambitious startups to success. The overall goal here is
to provide projects, regardless of their stage, the funding and support needed
to reach their full potential. As we enter a new era of blockchain adoption and
given their proven track record of growth, I am confident, not only in
Travala.com’s capabilities but their commitment to the future of blockchain
while potentially becoming one of the leading online travel platforms,”
concluded Da Hongfei, Founder of NEO.

(Excerpt) Read more Here | 2019-07-19 02:43:55
Image credit: source

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