Archive for the 'News' Category

Weekly AVA Update (14 Feb ’25)

Feb 14 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 7 February-13 February 2025.

AVA Updates

In this week’s round-up of AVA news:

🐯 Win: Book or refer friends on Travala to win 1 of 3 Travel Tiger NFTs! Enter now

🥂 Milestone: The AVA Smart Program hit 50,000 members this week!

🏦 Buyback 1: 159,093 AVA repurchased as part of the AVA Smart Bonus Buyback for Q3 2024. View transaction

🏦 Buyback 2: 175,368 AVA repurchased as part of the AVA Smart Bonus Buyback for Q4 2024. View transaction

🏆 Travel Drop: Congratulations to Travel Tiger Club member #198 on winning the Prague & Budapest Travel Drop! Watch recap

🖥 Marketing: Announced new partnership with Crypto Eagles to increase AVA presence across channels. Read more

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 50,196 (+2.04%)

🔒 Total AVA locked in the AVA Smart Program: 9,128,300 (+0.44%)

💰 AVA givebacks last 7 days: 27,890 AVA worth $16,110 (-26.77%)

✈️ Number of AVA travel bookings last 7 days: 82 bookings (+20.59%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $38,519 (-14.37%)

 

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 (7 Feb ’25)

Feb 07 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 31 January-6 February 2025.

In what was a significant week for the ecosystem, the Foundation announced a new buyback initiative to accompany the current Monthly Buyback for token givebacks. The AVA Smart Bonus Buyback will see the total amount of AVA distributed as part of the quarterly AVA Smart Bonus repurchased on a selective basis, with the first TWO buybacks for Q3 2024 and Q4 2024 to be completed this month.

In the broader ecosystem, Travala’s hotel integration on trivago was unveiled – another monumental step in bringing crypto adoption and the AVA ecosystem to a new audience.

Among this news, Travala posted a second consecutive month of gross revenue over $10M, representing 60% YoY growth and a record number of AVA givebacks in dollar terms at over $112,000 for the month of January.

AVA Updates

In this week’s round-up of AVA news:

🆕 New: AVA Smart Bonus Buyback announced! Learn more

🪂 AVA Airdrop: AVA airdrop on Solana for Smart Steel-Diamond members complete! View contract address

🏦 Monthly Buyback: 106,546 AVA has been transferred to the Ecosystem Incentives Wallet, equivalent to the USD value of the token givebacks in January. View transaction

📣 Press: Travala integrated hotels on trivago with a widespread PR release on leading web3 and tech publications, generating further exposure for AVA. View announcement

🚨 Claim Bonuses: Smart members, don’t forget to claim your AVA Smart Bonus & Ambassador Bonus in your Travala account by Tuesday 11 February 7:00 AM UTC! Claim now

🎙 AMA: Our AMA with Binance Square amassed over 23K listeners! Listen now

➡️ Next Week: Twitter Spaces AMA with Bitrue

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 49,189 (+2.41%)

🔒 Total AVA locked in the AVA Smart Program: 9,088,300 (+0.30%)

💰 AVA givebacks last 7 days: 36,173 AVA worth $21,999 (+1.74%)

✈️ Number of AVA travel bookings last 7 days: 68 bookings (+4.61%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $44,982 (+2.07%)

 

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 (31 Jan ’25)

Jan 31 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 24 January-30 January 2025.

AVA Updates

In this week’s round-up of AVA news:

💰 Claim Bonuses: Ambassador Bonus & AVA Smart Bonus Claim Period is Open! CLAIM NOW by 11 Feb 7:00 AM UTC

🎆 Giveaway: Join the HTX Lunar New Year giveaway with $600K in rewards until 12th Feb, including AVA!

💱 New Listing: AVA listed on Bitunix

✔️ Vote Passed: Bitrue Marketing Campaign

🪂 AVA Airdrop: AVA Airdrop to be distributed next week

📣 Next Week: Binance Square marketing campaign begins

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 48,030 (+3.86%)

🔒 Total AVA locked in the AVA Smart Program: 9,060,800 (+0.17%)

💰 AVA givebacks last 7 days: 28,411 AVA worth $21,622 (+15.09%)

✈️ Number of AVA travel bookings last 7 days: 65 bookings (-13.33%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $44,068 (-24.24%)

 

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 (24 Jan ’25)

Jan 24 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 17 January-23 January 2025.

AVA Updates

In this week’s round-up of AVA news:

🪂 Airdrop: Join the AVA (Solana) airdrop by 27 Jan to share in $100k of AVA! Join now

🗳 New Proposal: Bitrue Marketing Campaign – Vote now

✔️ Vote Passed: Binance Square Marketing Campaign

✔️ Completed: KuCoin AMA

✔️ Completed: Gate.io AMA

📣 Next Week: Join the Binance Live AMA on Mon 27 Jan at 10AM (UTC) with AVA prizes!

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 46,243 (+2.30%)

🔒 Total AVA locked in the AVA Smart Program: 9,045,550 (+0.39%)

💰 AVA givebacks last 7 days: 21,625 AVA worth $18,787 (-29.18%)

✈️ Number of AVA travel bookings last 7 days: 75 bookings (-7.41%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $58,168 (+13.54%)

 

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 (17 Jan ’25)

Jan 17 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 10 January-16 January 2025.

⚡️ Only 2 weeks into the year and we’ve wasted no time in getting the ball rolling on marketing initiatives with leading exchanges. A total of 4 proposals were posted in the last week with Binance Square, HTX, KuCoin, and Gate.io. The majority of these proposals involve both a boosted APY on each exchange plus a supporting AMA to attract interest from new users.

📈 In 2025, the keyword is ‘growth’. More initiatives = more eyeballs = more members. We’re averaging over 1,000 new Smart members per week, and we aim to continue increasing that figure to introduce even more new loyal members to the ecosystem.

⚠️ Don’t forget, only a few days remain to complete the Contributor Tasks! Complete the 5 essential tasks by Tues 21 Jan 7 to claim your AVA Smart Bonus (Steel-Diamond members) & Ambassador Bonus (Diamond members only).

AVA Updates

In this week’s round-up of AVA news:

🗳 New Proposal: Binance Square Marketing Campaign – VOTE NOW

📖 New: AVA Binance Learn & Earn Course LIVE

💵 New: Get up to 50% APY on HTX Earn!

💵 New: Enjoy an APR of 10% with KuCoin Earn!

📣 Next Week: Join the KuCoin AMA on Mon 20 Jan at 10AM (UTC) with 1,755 in AVA rewards!

📣 Next Week: Join the Gate.io AMA on Tues 21 Jan at 10AM (UTC) with AVA rewards!

ICYMI

Airdrop: LINGO airdrop complete!

New: AVA listed on LCX

New: AMA on HTX complete

Vote Passed: KuCoin Marketing Campaign

Vote Passed: Gate.io Marketing Campaign

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 45,203 (+2.65%)

🔒 Total AVA locked in the AVA Smart Program: 9,010,550 AVA (+0.80%)

💰 AVA givebacks last 7 days: 28,420 AVA worth $26,527 (-27.97%)

✈️ Number of AVA travel bookings last 7 days: 81 bookings (-36.71%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $51,232 (-27.51%)

 

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 (3 Jan ’25)

Jan 03 2025 Published by under News

Happy new year and welcome to this week’s AVA update, everyone! This update covers news from 27 December 2024-2 January 2025.

We hope you all enjoyed a well-earned break and are putting together those new year’s travel resolutions ✈️

The latest proposal is now live for voting, which aims to increase AVA usage on Solana via an AVA airdrop on the Solana network.

Plus, don’t forget this quarter’s Contributor Tasks for Smart members kick off on 7 January!

AVA Updates

In this week’s round-up of AVA news:

📖 New: Join HTX Learn & Earn to share 7,000 USDT in AVA rewards.

🗳 New Proposal: AVA Airdrop on Solana for Smart Members – VOTE NOW

🪂 Airdrop: LINGO airdrop announcement dropping with steps on how to participate – keep an eye out!

🎁 Next Week: Contributor Tasks for the AVA Smart Bonus & Ambassador Bonus begin on 7 January. FULL SCHEDULE

📖 Next Week: Binance Learn & Earn campaign launches next week.

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 42,675 (+2.34%)

🔒 Total AVA locked in the AVA Smart Program: 8,908,550 AVA (+0.80%)

💰 AVA givebacks last 7 days: 19,879 AVA worth $26,009 (+66.30%)

✈️ Number of AVA travel bookings last 7 days: 114 bookings (+32.56%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $58,296 (-10.08%)

 

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 (20 Dec ’24)

Dec 20 2024 Published by under News

Welcome to this week’s AVA update! This update covers news from 13 December-19 December 2024.

It’s been a huge week of spot and futures listings for AVA, with spot listings on Bitget, HTX, and Bitvavo, alongside futures listings on Binance Futures, Bitget, BingX, and Bybit.

We’ve seen a significant uptick in travel bookings with AVA again, cumulatively up 80% over the last 2 weeks. We’ve also reached a member milestone, with a total of 40,000 registered Smart members!

AVA Updates

In this week’s round-up of AVA news:

New: Binance Futures launched the USDⓈ-Margined $AVA Perpetual Contract.

New: Bitget launched $AVA USDT-M Futures with up to 75x leverage.

New: Bitget launched the $AVA/$USDT spot trading pair.

New: HTX listed $AVA for spot trading.

New: BingX launched $AVA on BingX Futures.

New: Bybit launched the $AVA/$USDT Perpetual Contract with up to 50x leverage.

New: Bitvavo launched the $AVA/EUR trading pair.

ICYMI

Airdrop: $LINGO airdrop for Smart members dropping soon – more details to come.

Partnership: New strategic partnership teaser released – stay tuned!

Upcoming Bonuses: Get ready for the next AVA Smart Bonus & Ambassador Bonus. Activate your Smart membership by 31 December to participate in January!

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 40,825 (+4.21%)

🔒 Total AVA locked in the AVA Smart Program: 8,795,550 (-3.74%)

💰 AVA givebacks last 7 days: 7,732 AVA worth $15,186 (-17.36%)

✈️ Number of AVA travel bookings last 7 days: 189 bookings (+29.45%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $83,589 (-32.13%)

 

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 (13 Dec ’24)

Dec 13 2024 Published by under News

Welcome to this week’s AVA update! This update covers news from 6 December-12 December 2024.

It’s been a huge week for the AVA ecosystem, and as we approach the holiday period, we’re not slowing down. From Travala announcing its $AVA & BTC Treasury Reserve Plan in conjunction with hitting $100M revenue this year to THAT tweet from CZ, there’s still plenty happening before the year ends.

AVA Updates

In this week’s round-up of AVA news:

New: Travala achieved a monumental milestone of $100M in annual revenue and announced a $AVA & $BTC treasury reserve.

New: 90-day Binance Earn campaign is LIVE! passed Get 9.9% APR until 8 Jan, then 5% APR from 9 Jan-8 Mar.

New: $AVA trading is now LIVE on BitMart.

New: $AVA (Wormhole) trading is now LIVE on LBank.

New: Celebrate the holidays with AVA prizes for completing quests via our friends at Sensay!

ICYMI

CZ Tweet: The CZ tweet that recognised our ongoing efforts to shape the future of travel and loyalty rewards by building real crypto utility.

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 39,177 (+2.61%)

🔒 Total AVA locked in the AVA Smart Program: 9,137,300 AVA (-5.43%)

💰 AVA givebacks last 7 days: 25,151 AVA worth $18,377 (-15.80%)

✈️ Number of AVA travel bookings last 7 days: 146 bookings (+39.05%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $123,168 (-22.21%)

 

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 (6 Dec ’24)

Dec 06 2024 Published by under News

Welcome to the new AVA weekly update!

This update will be published every Friday and will cover the key news and metrics related to the AVA ecosystem from the previous 7 days.

This update covers news from 29 November-5 December 2024.

AVA Updates

In this week’s round-up of AVA news:

New: AVA Buyback Program announced and first buyback of 182,866 AVA completed! Buybacks will occur on a monthly basis based on the monthly AVA token giveback amount.

Next Week: 90-day Binance Earn campaign proposal passed and will kick off on 9 December! 9.9% APR for the first 30 days, then 5% APR for the remaining 60 days.

January: Binance Learn & Earn proposal passed and will launch in January, with 200,000 $AVA rewards targeting over 100,000 new users.

ICYMI

Brand Update: The AVA Smart Program page received a facelift on Travala! View page

Weekly AVA Metrics

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

🤝 Total AVA Smart Program members: 38,179

🔒 Total AVA locked in the AVA Smart Program: 9,662,300 AVA

💰 AVA givebacks last 7 days: 29,911 AVA worth $21,825

✈️ Number of AVA travel bookings last 7 days: 105 bookings

💱 Dollar (USD) value of AVA travel bookings last 7 days: $158,338

NOTE: from next week, metrics will include percentage changes to compare the week-on-week change.

 

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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Introducing the AVA Buyback Program

Dec 01 2024 Published by under News

Strengthening the AVA Ecosystem & Token Demand

The AVA Foundation is excited to announce the launch of the AVA Buyback Program to boost the growth of the AVA ecosystem. This powerful new initiative will further align AVA token reserves with the Foundation’s and our partners’ confidence in AVA’s long-term potential while aiming to generate greater demand and value for AVA.

Each month, the AVA Foundation will purchase AVA tokens on the open market equivalent to the USD value of all the AVA giveback rewards distributed to Smart members for travel bookings in the previous month. These AVA tokens will be bought using stablecoins received from Travala.com as part of their partnership with the AVA Foundation. The purchased tokens will be held in the Ecosystem Incentives Wallet, further supporting the ecosystem’s growth.

In the past 6 months alone, over 1,000,000 AVA tokens have been distributed in giveback rewards via the AVA Smart Program to Smart members, the majority of which have been held or used for bookings on the Travala.com platform. Going forward, tokens distributed as giveback rewards will be repurchased by the AVA Foundation as part of the AVA Buyback Program, driving sustained demand and growth for the AVA token.

This initiative further solidifies the synergies between the AVA Foundation and Travala.com, strengthening AVA’s utility, increasing AVA’s role within the ecosystem, and providing long-term benefits to the community resulting from ongoing demand for the AVA token.

With the number of Smart members growing and booking volumes on Travala setting new records, givebacks—one of AVA’s most enduring use cases—now incorporates a strong demand and supply mechanic to provide a sustainable and balanced approach to use incentivization and reward distribution.

As Travala.com continues to expand, the total AVA rewards distributed each month will grow exponentially. This will translate to an even greater amount of AVA tokens issued as givebacks, increasing the total volume of tokens repurchased by the AVA Foundation. As a result, the program will scale in parallel with our partner platform’s growth, generating greater demand for AVA tokens while strengthening the entire ecosystem.

The first monthly buyback equal to 182,866 AVA was completed based on the USD value of the token givebacks distributed to all Smart members between 1-30 November 2024. The AVA buyback amount is calculated based on the AVA/USD exchange rate on the day of the buyback. The transaction ID of the buyback deposit to the Ecosystem Incentives Wallet is provided here:

0x6fc55ae5fcd2d5ecc789aca16f8720637c785a0a9c47467e276e3b35617a4b42

The AVA Foundation implements this initiative with the strong belief that it will have positive network effects on the entire AVA ecosystem. The amount of each monthly buyback—along with the corresponding transaction ID—will be publicly shared with the community on Telegram and Twitter.

Join the AVA Smart Program today for FREE!

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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