Nelly S.
Nelly S.
Oct 13, 2021

Is Travala.com (AVA) a good investment?

tl;drConcierge.io (CGE), based on the NEO blockchain, is a travel booking platform. The platform operates a centralized front-end, allowing suppliers to easily edit their listings while operating a decentralized backend incorporating the NEO blockchain governing the CGE engine. CGE aims to provide more benefits compared to potential competitors within the market and revolutionize the travel industry. It is a free business model, with 0% commission and booking fees for the suppliers with no hidden charges. It incorporates a peer-to-peer chat function between consumers and suppliers alongside the ability to pay using fiat, CGE, and other digital currencies. Moreover, the potential competitors who operate the proof-of-work protocol within the blockchain travel space usually use the Ethereum blockchain. It has only 15 transactions per second due to Scalability is presently not available for a travel booking platform. Blockchain applications are often viewed as challenging and complicated to use for those who do not currently occupy the space. With the holiday-making the market a diverse and growing one, there is a need for simplification. CGE's ROI with 393% in a year underperformed in the 'Tourism' category which had 649% growth over the past year. It's underperformed in the crypto market which had 13494% growth over the past year. CGE's Marketing Network about Twitter account saw an increase of 63% in the number of followers over the months from May 17 until October 13 of 2021. Moreover, its Reddit channel users went up by 7% and its Telegram channel users went up by 11% over the same period. CGE's ranking among the markets' cryptocurrencies in terms of market capitalization decreased over the last months, from 230 to 346. Also, its price saw a similar trend, rising from $4.59 to $2.79 today at the time of writing. However, its liquidity score is 38% under the market's average score, which means that it would be difficult to sell the CGE if the market is falling.
Is Travala.com (AVA) a good investment?
Is Travala.com (AVA) a good investment?
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Introduction 

Concierge.io (CGE), based on the NEO blockchain, is a travel booking platform. The platform operates a centralized front-end, allowing suppliers to easily edit their listings while operating a decentralized backend incorporating the NEO blockchain governing the CGE engine. CGE aims to provide more benefits compared to potential competitors within the market and revolutionize the travel industry. It is a free business model, with 0% commission and booking fees for the suppliers with no hidden charges. It incorporates a peer-to-peer chat function between consumers and suppliers alongside the ability to pay using fiat, CGE, and other digital currencies.

Moreover, the potential competitors who operate the proof-of-work protocol within the blockchain travel space usually use the Ethereum blockchain. It has only 15 transactions per second due to Scalability is presently not available for a travel booking platform. 

 Mining networks give power to the expensive transaction costs, which means it does not provide multiple benefits for a real-life use case, contribute to the unsustainable developments of this specific blockchain on both an environmental and economic level. 

How Concierge.io Could Work?

Blockchain applications are often viewed as challenging and complicated to use for those who do not currently occupy the space. With the holiday-making the market a diverse and growing one, there is a need for simplification.

Concierge.io makes its solution much more accessible by accepting traditional payment methods, as well as for cryptocurrencies, for use on its platform and, in order to not simply act as another middleman, Concierge.io claim in their whitepaper that non-crypto users will "still see considerable benefits in comparison to using already established platforms."

The Blockchain system also simply paying for the accommodation introduces a host of other benefits beyond fiat on the blockchain or cryptocurrencies. It has advantages in overbooking disputes and untruthful reviews.

Financial Analysis

Travala.com's price today (October 13, 2021) is $2.81 with a 24-hour trading volume of $7,780,630. AVA price is up 1.5% in the last 24 hours. It has a circulating supply of 53 Million AVA coins and a total supply of 61.4 Million. CGE's ROI with 393% in a year underperformed in the 'Tourism' category which had 649% growth over the past year. It's underperformed in the crypto market which had 13494% growth over the past year. You can track CGE Return On Investment (ROI) on our website for Free.

A capable marketing team and brand awareness have a direct impact on the success of any project. CGE Network's marketing team is doing a great job! According to our data, CGE's Twitter account saw an increase of 63% in the number of followers over the months from May 17 until October 13 of 2021. Moreover, its Reddit channel users went up by 7% and its Telegram channel users went up by 11% over the same period. You can follow CGE's popularity using our report, which is accessible in our website's popularity.

Our data indicate that CGE's ranking among the markets' cryptocurrencies in terms of market capitalization decreased over the last months, from 230 to 346. Also, its price saw a similar trend, rising from $4.59 to $2.79 today at the time of writing. However, its liquidity score is 38% under the market's average score, which means that it would be difficult to sell the CGE if the market is falling. You can find our report about CGE's market capitalization, price, and liquidity score on our webpage.

You are saying that Concierge.io (CGE) Network is the best cryptocurrency to invest in?

We are here to help you make smarter financial decisions by freeing up your intelligence through making it easy to compare thousands of coins. We do all the hard work for you and help you remove emotions from your decisions. However, making an investment decision requires considering your own financial situation and comparing your investment options.

To see our reports and easily compare the available investment options, check out our website.

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