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RE: TRAVALA (AVA) Heading Up For Another Record Breaking Month!

in LeoFinance6 months ago

Dang! Big move up for AVA at the exchanges I just noticed. I suppose after the update was done yesterday, or was it already two days ago? Anyway, seems a bit late to jump in now.

Trying to understand how this buying AVA to provide the 2% free AVA to those purchasing something through the Travala website. Now I don't know what this 2% is, but I assume this is the amount of AVA equalling 2% of the $ value of the purchase. The current market cap for AVA is approx 50M$.

Now, let's assume they will have a turnover of 1,5M$ a month for the next 12 months which equals 18M$. 2% of this equals 360k$. Based on the current market cap, Travala will have to buy approx 0,72% of the market. This 1,5M$ is conservative looking at the growth they going through. Maybe more realistic is double? This is about 1,5% of the current market cap Travala has to buy to continue to provide the 2% free AVA to their customers purchasing something.

Ok ok, now getting the numbered down, it seems somehow manageable from a market cap perspective. From a profit point of view, Travala will give 2% of the revenue to the buyer, but this may be a large percentage of their projected profits. Recently they went through crowdfunding to get funds, basically telling me they may make an operating profit, but not a company-wide profit.

What happens with the AVA provided to users that don't have an AVA account? Or is an AVA wallet being opened automatically upon first purchase at the Travala?

Posted Using LeoFinance Beta


Just FOMO!

Posted Using LeoFinance Beta

I'll let the FOMO pass and then I'll FOMO 🤣🤣🤣