What are some similar projects to CZ’s crypto travel platform Travala?

On December 12, Zhao Changpeng said on X that Binance invested in a crypto travel platform Travala.com before the pandemic. According to the news released on the project's X, the project has achieved an annual revenue of US$100 million and announced a strategy to use Bitcoin and its platform token AVA as treasury reserves.

Affected by the news, AVA's 24-hour increase reached nearly 267%. Travala was founded in 2017 and received investment and support from Binance. It has now been connected to the Binance exchange APP, and the project interface can be directly found in the Binance APP for use.

Using cryptocurrency to pay for people's daily life is an important step for cryptocurrency to truly play its monetary role. In addition to the use of cryptocurrency, platforms like Travala also use the decentralization of blockchain technology to revolutionize traditional travel, taxis, house rentals, etc. In addition to Travala.com, what other excellent projects are currently working in this field?

Travala

Travala was founded in 2017 to provide the cryptocurrency community with an affordable way to travel using a decentralized platform and cryptocurrency-based incentives, and is committed to making cryptocurrency payments a major option in the tourism industry.

Currently, Travala covers 2.2 million hotel resources in 230 countries around the world, providing users with a wealth of accommodation options. In addition to hotel reservations, it also supports users to book homestays and flights through cooperation with D Travel and other companies.

Travala supports 81 cryptocurrencies such as Bitcoin, Ethereum, USDC, etc. In addition to cryptocurrencies, the platform also accepts payment methods such as credit cards, Crypto.com Pay, Binance Pay, My Wallet, Apple Pay, Vnpay, and travel points.

Its token $AVA can currently be used as a payment medium within the platform. Holders of this token can also enjoy special offers and discounts provided by the platform when booking travel services. The platform has also established an incentive plan to give corresponding rewards based on the user's AVA holdings and accommodation consumption. At the same time, this token is also a governance token within the platform.

Currently, the token has risen by 267% in 24 hours and its market value is 160 million US dollars.

Dtravel

Founded in 2021, it is a sub-project of Travala.com, a decentralized shared home rental platform based on blockchain technology. People can search for vacation rental properties around the world on the platform and make reservations directly with the owners without going through traditional online travel intermediary platforms.

Compared with traditional online travel rental platforms such as Airbnb, Dtravel eliminates the high commissions in the middle, allowing travelers to enjoy more affordable prices.

In 2021, it received a $5 million seed round investment and received support from former executives of Airbnb, Expedia and other global technology companies.

Dtravel is managed by its community through a decentralized autonomous organization. The token on the platform is TRVL, which was issued in 2021. It can be used to book travel services such as accommodation on the Dtravel platform. The token is also a form of incentive. Users can get TRVL token rewards by participating in various activities on the platform, such as completing reservations and contributing to the platform. At the same time, holding this token will enjoy booking discounts on the platform, etc. TRVL is also the governance token of the platform.

The token has risen by more than 30% in 24 hours and its current market value is $29.31 million.

Staynex

Founded in 2022, it is a solution that changes the tourism and hotel industry through blockchain technology. By leveraging blockchain technology, artificial intelligence, and decentralized financial protocols, it provides users with hotel and resort booking services, and has established partnerships with more than 2.5 million hotels, resorts, and serviced apartments. The project hopes to use blockchain technology to remove intermediaries, provide travelers with more favorable prices, save costs for hotels and resorts, and increase their profit margins.

In terms of technology, in 2023 it announced a partnership with Huawei, using Huawei's artificial intelligence tools on the platform. The cooperation also included integrating Staynex into the Huawei market.

The native token within the platform is $STAY, and token holders and members can enjoy exclusive privileges, loyalty programs and special offers. Through staking and claiming options, holders can also share 20% of the platform's revenue.

CryptoRefills

Founded in 2018, it is a crypto daily transaction service company headquartered in Amsterdam, the Netherlands. It is committed to enabling people around the world to use Bitcoin and other cryptocurrencies to meet their daily needs and bring blockchain-based payments into daily life. Its business scope mainly covers gift card purchases and mobile phone recharges. Users can use cryptocurrencies to purchase gift cards from 4,500 brands around the world on its platform, and support mobile phone recharge services for more than 600 mobile operators in 180 countries and regions around the world.

Currently, it supports cryptocurrency payments such as Bitcoin, Litecoin, Ethereum, USDC, USDT, MIM, DAI, Euro Stablecoin (EUROC), FRAX, as well as networks such as Avalanche, Polygon, Solana, Tron, Fantom, Binance Chain, and Arbitrum.

In October 2022, it completed its seed round of financing, led by Eric Barbier, founder of Singapore's crypto payment provider Triple A, and participated by LXA Advocaten investment advisors Marnix Geraerts and Daniël Soons. The specific amount of financing has not been disclosed yet.

The project has not issued any tokens.

DRIFE

Founded in 2018, it is a decentralized ride-hailing platform that aims to subvert the traditional ride-hailing service business model dominated by Uber and Lyft through blockchain technology, creating a more fair, efficient and transparent peer-to-peer network ride economy and transportation market for drivers and passengers. The biggest feature of this project is the zero commission fee structure.

On July 20, 2021, Drife announced the completion of a $2.7 million venture token financing round led by MasterVentures, GD10, AU21 Capital, Titans Ventures, and FBG Capital.

In 2024, the project announced its integration with the Sui blockchain and went online for trial operation in Dubai.

The token of this project is $DRF, and its main function is to serve as the payment currency within the platform. It can not only be used to pay for rides, but users holding this token can also obtain loyalty rewards and participate in the platform's staking and other functions.

The coin is down 2.5% in the 24-hour period and currently has a market cap of $19.38 million.

Of course, in addition to crypto payments, the DRIFE platform also provides users with traditional payment methods such as cash, credit cards, etc.