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Blockchain travel startup Travala.com teams up with Litecoin Foundation

Fri, 10 May 2019, 06:31 am UTC

Blockchain-based hotel booking platform Travala.com has entered into a partnership with Litecoin Foundation to accelerate the use of cryptocurrency payments.

As part of this partnership, Travala.com and Litecoin Foundation are launching the #TravelWithLitecoin campaign, in which they will enable users to save up to 40% on hotel bookings through Travala.com and Litecoin’s LoafWallet. In addition, Travala.com will be the official accommodation partner for the upcoming Litecoin Summit.

“The consumer is in the driver seat when it comes to achieving mass-market cryptocurrency adoption, and we’re delighted to embark on this journey with the Litecoin Foundation with a unified goal: to bring the mainstream use of cryptocurrencies into everyday life. This is a proud milestone for us as we continue building out our platform to welcome those who share the same vision for the crypto economy,” Matthew Luczynski, CEO and Founder of Travala.com said.

The #TravelWithLitecoin campaign encourages the Litecoin community to use LTC as a form of everyday payment. In addition to booking plane tickets, gift cards, vintage collectibles, and private travel, LTC holders can now book their hotel stays with ease through the Travala.com platform and Litecoin’s LoafWallet.

Litecoin is currently the fifth largest cryptocurrency by market cap and trading at $76 at the time of writing.

With a reach of over 210 countries and territories, Travala.com’s portfolio of over 82,000 destinations serves as a gateway to a more inclusive travel booking experience. The blockchain-based platform offers an equitable pricing model that benefits both consumers and hotel partners alike. In addition to accepting Litecoin, it accepts other cryptocurrencies including Bitcoin, XRP, bitcoin cash, and Tron (TRX), as well as PayPal, Visa and MasterCard.

“We are excited to work with Travala.com to make it easier for Litecoin users to #TravelWithLitecoin," said Charlie Lee, Creator of Litecoin and Managing Director of the Litecoin Foundation. "Nothing aids mass adoption more than real-world use cases, and the opportunity to use a global currency like Litecoin to travel around the world is a powerful one."

According to the press release, Travala.com will be the official accommodation partner for the upcoming Litecoin Summit. The flagship conference will run from October 28-29, 2019 in conjunction with Evolv’s Vegas Blockchain Week and will feature some of the world’s leading blockchain and crypto experts and visionaries such as Charlie Lee, Anthony Pompliano, and Tim Draper.

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  • Bitcoin (BTC) $10,677.20 (-1.71%)
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