Archive for the 'News' Category

Weekly AVA Update (12 Sep ’25)

Sep 12 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 5-11 September 2025.

AVA Updates

📊 Updated Weekly Metrics: We’ve updated the metrics we report on each week to present them in a cumulative year-to-date (YTD) format! These stats show the cumulative figures dating all the way back to 2019 and will compare to the same date the previous year. For example, today’s metrics encompass all cumulative data for each metrics from 2019-11 Sep 2025 and compare the change against the cumulative data from 2019-11 Sep 2024.

📣 Upcoming AMA: Our upcoming AMA is scheduled on Telegram for 15 Sep at 2AM UTC (10PM EST)! View post

Year-to-Date AVA Metrics

The key $AVA metrics from 2019 to 11 Sep 2025 with year-to-date (YTD) comparison against 11 Sep 2024:

🤝 Total AVA Smart Program members: 79,733 (+184.1%)

🔒 Total AVA locked in the AVA Smart Program: 9,526,550 (-0.9%)

💰 All-time Total AVA Givebacks: 6,128,690 AVA worth $3,618,901 (+41.5%)

🛍 All-time Total Saved via Smart Discounts: $3,056,303 (+11.1%)

🏨 All-time Total Room Nights Booked with AVA: 36,502 (+21.4%)

✈️ All-time Total Flights Booked with AVA: 3,738 (+54.5%)

💱 All-time Total $ Value of AVA Travel Bookings: $12,862,534 (+17.4%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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AVA Monthly Update: August 2025

Sep 05 2025 Published by under News

Welcome to the AVA monthly update for August!

Read on for the key news across the AVA ecosystem in the past month and what’s coming up.

Key Events

📣 Upcoming AMA: Announced our upcoming AMA scheduled for 15 Sep at 10PM EST! Submit your questions NOW until 7 September. Submit questions

🏦 Monthly Buyback: 179,704 AVA was repurchased as part of the August 2025 Buyback. View transaction

🏝 Travel Drop: Announced the winner of the 14th Travel Drop for Diamond members to Canada! See winner

Development Progress

AVA Membership Trial

Frontend and backend in final review.

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🫴 AVA+ Rewards

Smart contract in testing (independent audits to follow). Frontend and backend development in progress.

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🛍 AVA Deals

Logic complete, page design in progress.

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ICYMI

✈️ Book Multi-city Flights with AVA: You can now book multi-city flights with AVA on Travala! Add up to 4 one-way flights in a single booking. Book now

July Stats

💰 Givebacks:$135K ($102K AVA | $17K BTC | $16K TCs)

🛍 Member Discounts: $34K

🤝 Smart Members: 78.4K (+187% YoY)

🔒 AVA Locked: 9.52M (13.61% of circulating supply)

🐯 NFT Volume: $104K

🏦 AVA Buybacks: 180K AVA

 

🔗 View more AVA stats in Travala’s August Update

 

Tune in next month for the monthly update!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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Weekly AVA Update (29 Aug ’25)

Aug 29 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 22 August-28 August 2025.

AVA Updates

In this week’s round-up of AVA news:

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn until 9 September. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,972 (+0.34%)

🤝 Total AVA Smart Program members: 77,878 (+1.18%)

🔒 Total AVA locked in the AVA Smart Program: 9,523,550 (+0.03%)

💰 AVA givebacks last 7 days: 37,366 AVA worth $21,281 (-12.19%)

🛍 Total saved via Smart discounts last 7 days: $6,581 (-5.39%)

✈️ Number of room nights & flights booked with AVA last 7 days: 148 (-30.84%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $45,807 (-1.03%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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Weekly AVA Update (22 Aug ’25)

Aug 22 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 15 August-21 August 2025.

AVA Updates

In this week’s round-up of AVA news:

🏆 Bonus Task Winners: Congratulations to the 3 winners of the bonus Contributor Tasks! 3x $100 Travel Credit prizes have been distributed. View winners

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,830 (+0.24%)

🤝 Total AVA Smart Program members: 76,967 (+1.58%)

🔒 Total AVA locked in the AVA Smart Program: 9,520,800 (+0.18%)

💰 AVA givebacks last 7 days: 42,587 AVA worth $24,236 (+6.90%)

🛍 Total saved via Smart discounts last 7 days: $6,956 (-24.04%)

✈️ Number of room nights & flights booked with AVA last 7 days: 214 (-8.55%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $46,284 (-54.88%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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Weekly AVA Update (15 Aug ’25)

Aug 15 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 7 August-14 August 2025.

AVA Updates

In this week’s round-up of AVA news:

📈 AVA Bookings Soar: Trips payed with AVA on Travala soared this week, surpassing $100,000 in the last 7 days—an increase of over 230%! Book with AVA

🏝 Travel Drop: Congratulations to Travel Tiger #512 on winning the latest travel drop package! The winner and one guest will enjoy a luxury 5-night stay at Fairmont Chateau Lake Louise, Canada! View post

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,728 (+0.27%)

🤝 Total AVA Smart Program members: 75,770 (+1.56%)

🔒 Total AVA locked in the AVA Smart Program: 9,503,550 (+0.06%)

💰 AVA givebacks last 7 days: 37,571 AVA worth $22,671 (+4.36%)

🛍 Total saved via Smart discounts last 7 days: $9,158 (-0.06%)

✈️ Number of room nights & flights booked with AVA last 7 days: 234 (+36.05%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $102,590 (+232.64%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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Weekly AVA Update (8 Aug ’25)

Aug 08 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 1 August-7 August 2025.

AVA Updates

In this week’s round-up of AVA news:

🎁 Claim Bonuses: The Claim Period for the AVA Smart Bonus & Ambassador Bonus is OPEN until 12 August. Claim now

🏦 Monthly Buyback: 153,248 AVA was repurchased as part of the July 2025 Buyback. View transaction

🏝 Travel Drop: We’re sending a lucky Diamond member on a 5-night luxury trip to the Fairmont Chateau Lake Louise in Canada! The prize will be drawn on 13 August. See package

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,617 (+0.22%)

🤝 Total AVA Smart Program members: 74,607 (+1.12%)

🔒 Total AVA locked in the AVA Smart Program: 9,497,550 (+0.03%)

💰 AVA givebacks last 7 days: 40,088 AVA worth $21,724 (+7.14%)

🛍 Total saved via Smart discounts last 7 days: $9,164 (-26.30%)

✈️ Number of room nights & flights booked with AVA last 7 days: 172 (-24.89%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $30,841 (-55.23%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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AVA Monthly Update: July 2025

Aug 05 2025 Published by under News

Welcome to the new AVA monthly update for July!

Read on for the key news across the AVA ecosystem in the past month.

Key Events

🎁 Claim Bonuses: The Claim Period for the AVA Smart Bonus & Ambassador Bonus is OPEN until 12 August. Claim now!

🤝 New Contributor: We welcomed Chester Szeen as the new Lead Growth Contributor at the AVA Foundation! Read more

🏦 Monthly Buyback: 153,248 AVA was repurchased as part of the July 2025 Buyback. View transaction

🏝 Travel Drop: Announced the upcoming 14th Travel Drop for Diamond members to Canada! See package

Development Progress

AVA Membership Trial

Design complete, frontend and backend in development.

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🫴 AVA+ Rewards

Smart contract, frontend and backend development in progress.

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🛍 AVA Deals

Logic and design in progress.

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ICYMI

📈 AVA Bookings: +50% MoM increase in travel bookings paid with $AVA directly from Travala account wallets, the highest in 6 months. View post

🎉 Member Milestone: We reached 70,000 Smart members in July! View post

📊 Q2 Report: The Q2 2025 report containing Travala updates and AVA Smart Program stats was published. View report

July Stats

💰 Givebacks: $131K ($89K AVA | $22K BTC | $20K TCs)

🛍 Member Discounts: $34K

🤝 Smart Members: 73.9K (+187% YoY)

🔒 AVA Locked: 9.49M (13.78% of circulating supply)

🐯 NFT Volume: $122K

🏦 AVA Buybacks: 153K AVA

 

🔗 View more AVA stats in Travala’s July Update

 

Tune in next month for the monthly update!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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Weekly AVA & Crypto Market Update (1 Aug ’25)

Aug 01 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 25 July-31 July 2025.

Crypto Market Update

The top stories from the broader market:

🛒 PayPal Launches ‘Pay with Crypto’: PayPal’s new Pay with Crypto product will allow 30 million US merchants to accept 100+ cryptocurrencies and instantly receive USD. The introductory transaction rate of 0.99% reduces transaction costs by up to 90% in comparison to international fees, with the option to settle in PYUSD and grow funds by 4% annually when held in PayPal.

⚖️ SEC Permits New ETP Rules: The SEC announced the approval of in-kind creations and redemptions of crypto exchange-traded products (ETP) on Wednesday. This allows investors who invest in approved crypto ETFs to redeem their shares for the underlying asset (such as BTC or ETH) instead of cash, while the ETPs themselves can now also be created with crypto. This increases efficiency, reduces selling pressure on the market, and may help reduce transaction costs.

✍️ White House Releases Crypto Report: A 168-page report containing recommendations for establishing a regulatory framework for crypto was released by the White House this week. The report, part of President Trump’s Executive Order issued in January, made recommendations related to banking, payments, stablecoins, compliance, and taxes to encourage regulation that boosts confidence across the board and embraces innovation.

AVA Updates

In this week’s round-up of AVA news:

🎁 Claim Bonuses: The Claim Period for the AVA Smart Bonus & Ambassador Bonus is OPEN until 12 August. Claim now!

🏝 Travel Drop: We’re sending a lucky Diamond member on a 5-night luxury trip to the Fairmont Chateau Lake Louise in Canada! The prize will be drawn on 13 August. See package

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,524 (+0.29%)

🤝 Total AVA Smart Program members: 73,782 (+1.29%)

🔒 Total AVA locked in the AVA Smart Program: 9,494,300 (-0.17%)

💰 AVA givebacks last 7 days: 34,102 AVA worth $20,277 (-18.14%)

🛍 Total saved via Smart discounts last 7 days: $12,434 (+138.11%)

✈️ Number of room nights & flights booked with AVA last 7 days: 229 (+13.93%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $68,893 (-9.30%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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Weekly AVA & Crypto Market Update (25 Jul ’25)

Jul 25 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 18 July-24 July 2025.

Crypto Market Update

The top stories from the broader market:

🏦 PNC Bank Partners with Coinbase: PNC Bank, one of the leading US banks, announced they will “develop an initial offering that will allow clients to buy, hold and sell cryptocurrencies” in partnership with Coinbase. PNC Bank will also provide its banking services to Coinbase, ensuring seamless on-ramp and off-ramp access for Coinbase clients.

💵 JPMorgan Chase Exploring Crypto-secured Loans: JPMorgan Chase customers may be able to borrow against their crypto holdings and crypto ETFs as early as next year, according to the Financial Times. The product would require regulatory approval. Full details of the product have not yet been released.

✍️ BitGo Files for US IPO: BitGo, one of the largest crypto custody providers, is the latest crypto company to file for an IPO in the US. In 2023, the company raised $100 million at a $1.75 billion valuation.

AVA Updates

In this week’s round-up of AVA news:

🤝 NEW Contributor: We welcomed Chester Szeen as the new Lead Growth Contributor at the AVA Foundation! Read more

🎁 Claim Bonuses Next Week: The Claim Period for the AVA Smart Bonus & Ambassador Bonus will open on 29 July and run for 2 weeks until 12 August.

🏝 Travel Drop: We’re sending a lucky Diamond member on a 5-night luxury trip to the Fairmont Chateau Lake Louise in Canada! The prize will be drawn on 13 August. See package

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,402 (+0.27%)

🤝 Total AVA Smart Program members: 72,843 (+1.68%)

🔒 Total AVA locked in the AVA Smart Program: 9,510,300 (-0.04%)

💰 AVA givebacks last 7 days: 38,014 AVA worth $24,771 (+25.95%)

🛍 Total saved via Smart discounts last 7 days: $5,222 (-34.28%)

✈️ Number of room nights & flights booked with AVA last 7 days: 201 (-0.98%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $75,955 (-1.17%)

 

Tune in next week for the latest news!

AVA Foundation

 

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.

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AVA Foundation Welcomes Chester Szeen as Lead Growth Contributor

Jul 22 2025 Published by under News

The AVA Foundation is delighted to announce that Chester Szeen has joined the Foundation as the Lead Growth Contributor. Chester is a Web3 advocate and FinTech entrepreneur, and was named on the Forbes 30 Under 30 List in 2020.

As the Lead Growth Contributor, Chester will drive the strategic and tactical initiatives that will fuel user acquisition, engagement, and retention. His extensive background in data science, business development, and growth hacking will help shape the future of the Foundation’s key offerings: the AVA Smart Program, AVA token, and Travel Tiger NFTs.

Prior to the AVA Foundation, Chester co-founded Mellow—a neobank for building kids’ money habits—in 2019 and served as the CEO until 2021. The project received support from MetLife, Accenture, Mizuho Bank, New World Development, and Cyberport, Hong Kong’s digital tech hub and incubator.

In recent years, Chester harnessed his experience as a founder to help incubate Web3 projects, working as the Head of Growth Ops for Seedify and as a mentor at Outlier Ventures.

Chester also lends his expertise as an advisor and committee member for several organisations, including The Chinese University of Hong Kong, the Trade and Industry Advisory Board of Hong Kong, and GLG.

Additionally, he sits on the Global Panel for the MIT Technology Review and Advisory Council of the Harvard Business Review, contributing his insights and opinions on the latest tech trends.

He also previously served as an Impact Officer for the Global Shapers Community’s Hong Kong Hub, an initiative under the World Economic Forum.

As Chester becomes a key figure within the Foundation, he will be increasingly involved in the strategic and decision-making processes alongside his contributions to the AVA community.

The AVA Foundation is excited to welcome Chester to the team and looks forward to achieving many significant milestones together.

About AVA Foundation

The AVA Foundation’s overarching mission is to create a decentralised and self-sufficient blockchain-based loyalty ecosystem with AVA at its core. The AVA token functions as the key to accessing web3 loyalty programs and provides perks to end users, such as AVA payment discounts, AVA loyalty rewards, gated access benefits, and more. AVA tokenises the concept of loyalty reward programs using blockchain technology, bringing web3 to traditional loyalty models.

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