To make money in the cryptocurrency world, you need to find the right positioning.
If you are doing long-term investing, hold on firmly, be as steady as a rock, pursue ultimate purity, and your value will emerge; If you are doing short-term trading, be bold in chasing and charging, engage with the community, seize hot opportunities, and be quick, accurate, and ruthless.
The worst scenario is being indecisive: wanting long-term but unable to hold, wanting short-term but hesitant, lacking both determination and flexibility, and being repeatedly harvested by the market. #ETH
CZ's shout-out for the encrypted version of "Trip.com", $AVA soars by 342%
The travel platform supporting cryptocurrency payments @travalacom announces annual revenue exceeding $100 million, further promoting the application of cryptocurrency in the travel industry and revealing its native token AVA's funding reserve strategy with Bitcoin. Following the announcement, CZ retweeted, attracting market attention, and the price of AVA surged.
Below, we provide a detailed introduction to AVA, the "Trip.com" of the crypto world.
Travala was founded in 2017 and is a major travel booking platform aimed at improving the booking experience through blockchain technology. Initially, Travala operated its AVA token on the NEO blockchain and later announced its migration to Binance Chain by the end of 2019.
Joterovila is the co-founder and CEO of Travala, a serial entrepreneur, and an innovation advocate. Previously, Juan was the founder and CEO of Restaurantes, which is Europe's leading online restaurant booking service and was recognized by Wired magazine as one of the fastest-growing digital companies in Europe in 2012.
Travala's annual revenue has surpassed $100 million, primarily driven by flight and hotel bookings, reflecting significant growth compared to $59.6 million in 2023. Since its annual revenue of $4.4 million in 2020, Travala surged 830% to $41 million during the 2021 bull market, with revenue further growing to $60.5 million in 2022, though slightly declining in 2023.
Travala has made progress in recent years:
1. Diverse Payments: Supports over 90 cryptocurrencies and credit card, PayPal payments. 2. Service Expansion: Covers over 220 countries, expanding from hotel bookings to flights, activities, etc. 3. Partnership Expansion: Collaborates with travel giants like Booking and Expedia. 4. Community Incentives: AVA staking rewards and governance participation. 5. Pandemic Recovery: Launched a travel points program, with sales returning to pre-pandemic levels.
In addition to AVA, the following coins in the same sector are worth attention:
Dtravel A decentralized housing rental platform incubated by Travala, supports bookings with the $TRVL token.
Staynex Innovating hotel bookings through blockchain, collaborating with 2.5 million hotels, supports the $STAY token. Announced cooperation with Huawei in 2023.
DRIFE A decentralized ride-hailing platform with zero commission, supports payments with the $DRF token, trial operation in Dubai in 2024.
[UXLINK: The Integration of Social and Payment, Opening a New Chapter in Future Life]
In the digital age, social and payment are deeply integrated. UXLINK, with its forward-looking vision, has partnered with UOB, the largest bank in Singapore, to enter the payment arena and provide users with an unprecedented convenient experience.
The additional investment from UOB and Signum Capital Fund not only affirms #UXLINK but also reflects optimism about future payment trends. UXLINK will collaborate with UOB to create functions such as PAYFI based on social relationships, connecting various life scenarios like clothing, food, housing, and transportation, allowing cryptocurrencies to play a greater role in daily consumption.
The application scenarios of @UXLINKofficial are continuously increasing, and its market value and coin price are bound to grow accordingly. Choosing UXLINK means choosing a future full of infinite possibilities. Let us witness how UXLINK transforms our lives and opens a new chapter in digital payments!
Merlin, as the premier ecosystem for Bitcoin (BTC), is receiving widespread attention and discussion.
It is no accident that Merlin Layer 2 (L2) has become a leader in the BTC ecosystem. It has won the support and recognition of the community with its unique advantages and characteristics. Let's briefly explore these advantages and understand why it deserves our unity and support.
BTC/Ordinals and Long-termism: As a native BTC Layer 2 solution, Merlin Chain has a total locked value (TVL) of $3.6 billion, of which 91% comes from Bitcoin native assets. This achievement reflects the strong support and long-term perspective of the Bitcoin community, which has contributed to the prosperity and development of the ecosystem.
BRC-420 and Community Driven: Merlin adopts a bottom-up asset issuance approach, that is, assets first and narratives later, and builds consensus around assets through community-driven assets. This approach not only promotes close integration of the community, but also enables successful assets to evolve into symbols with strong cohesion.
Uniting public chains and win-win cooperation: Merlin Chain has demonstrated an open attitude to cooperate with other chains, especially strong teammates in the Ethereum ecosystem. Even in the face of challenges such as Manta's attack on Blast, Merlin cooperates with other chains by implementing measures such as re-staking, reflecting the transformation from zero-sum game to win-win cooperation.
Gathering leaders in subdivided tracks to quickly establish an application ecosystem: Taking advantage of Bitcoin's advantages in funding and community support, Merlin Chain quickly established an application ecosystem, bringing together leading companies and projects in various subdivided tracks, and complementing the application advantages in the Ethereum ecosystem.
In summary, Merlin's success as a leader in the BTC Layer 2 ecosystem is not accidental. It has demonstrated strong ecological construction capabilities by integrating Bitcoin's funding and community advantages, adopting innovative asset issuance and community building methods, promoting ecological win-win with an open and cooperative attitude, and quickly gathering leading companies in subdivided tracks. Therefore, supporting and embracing Merlin is not only a recognition of its current achievements, but also an investment of confidence in its future potential. I believe that Merlin's future will be brighter.
Let’s see how Merlin develops in the future and think about how we can keep up.
LIVE
Snowball
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Wu Shuo’s dialogue with Merlin Chain founder Jeff’s highlights: Let retail investors “harvest” institutions in reverse
Preface #内容挖矿 #Merlin #热门话题 #BTC #Airdrops A few days ago, a news about Merlin Chain detonated the community. The tvl of Merlin Chain mainnet in 14 days was close to 2 billion. This data exploded by 10%, exceeding the blast of 3 months. This proves two things:
1. The popularity of Merlin Chain chain is like a volcanic eruption. All web players should participate in this popularity. Rather participate than miss out.
2. This side proves the huge potential of the BTC ecosystem. As a behemoth with a market capitalization of trillions, BTC’s ecological potential has grown exponentially compared to the eth ecosystem.