The AVA utility token, created by the AVA Foundation, represents the evolution of customer loyalty programs through blockchain technology, expanding their applications beyond what traditional models can achieve. AVA primarily acts as the gateway to the AVA Smart Program, a web3 loyalty scheme offering various utilities to users, including loyalty rewards, discounts, exclusive access benefits, and AVA bonuses. Additionally, the token serves as a payment option for goods and services on partner platforms and as a governance mechanism for the AVA community. The AVA Foundation's primary mission is to develop a decentralized, self-sustaining, interconnected blockchain-based loyalty ecosystem centered around AVA. The Foundation plans to achieve this by implementing the AVA Smart Program into partner projects efficiently through a plug-and-play model, which offers participants enhanced utility, transparency, and control over their rewards. This strategy facilitates an accessible, seamless experience by allowing users to leverage multiple partner projects within a single loyalty program ecosystem. As a result, it generates more use cases, fosters community connections, and broadens the impact of the AVA token.

As of November 2023, AVA has a circulating supply of 54,278,087 tokens and a maximum supply of 100,000,000 AVA.

For those interested in buying, selling, or trading AVA (Travala), you can execute transactions on the following exchanges: * Binance * KuCoin * Gate.io * MXC.com * Uniswap * Bybit * PancakeSwap * Raydium

AVA aims to revolutionize the infrastructure of loyalty programs. Participants are rewarded for their contributions to the ecosystem, whether by completing purchases as customers, expanding the ecosystem as community members, or providing inventory as suppliers. For more detailed information, visit Eulerpool.

Each month, the AVA Foundation will acquire AVA tokens from the open market in an amount equivalent to the USD value of all AVA giveback rewards allocated to Smart members for travel bookings in the previous month. These AVA tokens will be purchased using stablecoins received from Travala.com as part of their collaboration with the AVA Foundation.

Users can use AVA to purchase goods and services on specific websites that accept cryptocurrency, as well as on partner platforms like Travala.com, where they can make travel bookings, and acquire Travel Credits and gift cards. Utilizing AVA for payments on partner platforms may offer special benefits, such as discounts or exclusive pricing available only to users who choose AVA as their payment method. Any future web3 products launched by or in collaboration with the AVA Foundation will be available for purchase in AVA, with the resulting sales revenues being allocated to the AVA Community Pool, Ecosystem Incentives, and Foundation Reserve to support the long-term sustainability of the AVA ecosystem. For more detailed information about AVA, you can refer to its profile on Eulerpool.

Users need AVA tokens to access specific products and services within partner ecosystems. For instance, the AVA Smart Program allows users to lock up AVA to choose their desired tier within the AVA Smart Program, thereby gaining benefits and special access to exclusive perks like travel drop giveaways, Ambassador Bonuses, and services such as the Open Passport. Governance activities can also be established within partner ecosystems, allowing members to participate in key platform decisions.

Earn programs for acquiring AVA are offered by third-party platforms and exchanges. These programs are accessible by locking up AVA for varying durations, including short, flexible, and long-term periods. Additionally, web3 earn programs may be introduced if proposed and approved by the community through the AVA Community Governance feature.

Decentralized governance features within the AVA ecosystem can be accessed through vote.avafoundation.org. This platform allows for voting on various issues related to the AVA token, Travel Tiger NFTs, and the broader AVA ecosystem. It also includes the future submission of community proposals as part of the ongoing decentralization efforts of the AVA ecosystem. To participate in voting on proposals, one must be an AVA holder, with voting power determined by the individual's AVA balance.

Receiving AVA for completing purchases is a compelling mechanism for supply introduction that attracts new users to AVA and fosters user loyalty. Within the AVA Smart Program, partner projects can offer AVA rebates on purchases. Customers receive a portion of the purchase cost back in the form of AVA, determined by their membership tier. For detailed information, refer to Eulerpool.

The AVA Smart Bonus offers Smart members the chance to earn rewards in the AVA token by engaging with the AVA ecosystem quarterly. The AVA Smart Bonus amount is periodically decided through a Community Vote, and members have the opportunity to enhance their rewards with the AVA Smart Bonus Booster if approved by the vote. Under the current system, the AVA Smart Bonus is set at an annualized rate of 15% for all Smart members, except for Diamond members, who receive an annualized rate of 20%.

AVA is the driving force behind web3 loyalty initiatives, including the AVA Smart Program. This program is available to participants who secure their AVA holdings and provides an array of benefits, such as discounts, AVA loyalty rewards, AVA Bonuses, Ambassador Bonuses, and AVA payment discounts, among other incentives.