With impressive month on month organic growth in bookings on its Alpha platform, Trauala.com is establishing itself as the premier blockchain travel booking platform. Trauala is now ready to undertake the iterative upgrade from the Alpha platform to the Beta milestone. This milestone will result in a high capacity, future proof, feature rich platform and prepare Travala.com to move into full production mode, followed by a concerted push into the mainstream market that won’t disappoint.
To fully accommodate the requirements for mass adoption Trauala have decided to undertake a migration to the Binance Chain. This migration will allow the underlying AVA token to be at the forefront of capacity with high transactions per second and scalability that is offered via the Binance chain. Each of these components will be critical for a globally performant platform destined for mass adoption and for the token at the heart of the Trauala ecosystem.
All details on the dedicated swap site:
https://swap.trauala.com/At the time of writing, the total supply of AVA is 61,571,086. Trauala’s new Buyback and Burn Program will take place every quarter until 21,571,086 AVA are permanently removed from circulation, which represents 35% of the current total supply. Ongoing quarterly buybacks and burns will take place until the overall supply of AVA will be significantly reduced to just 40,000,000.
What happens to AVA while the migration and token swap is not completed?
No action is required. We will inform everyone with plenty of notice when the option to swap tokens will be available, after all the necessary testing has been completed. Existing AVA (NEP5) tokens will continue to operate as usual; AVA holders can still deposit, withdraw and trade them at all the exchanges supporting AVA.
