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About AVA
Key Points
- AVA is a utility token developed by the AVA Foundation.
- AVA functions as a key to accessing the AVA Smart Program, a web3 loyalty program.
- The token is used as a payment alternative and governance tool for the AVA community.
- The AVA Foundation aims to create a decentralized, self-sufficient, and interconnected blockchain-based loyalty ecosystem.
Numbers and Figures
- 53,090,627: Circulating supply of AVA tokens as of November 2023.
- 100,000,000: Maximum supply of AVA tokens.
- 15%: Annualised
About AVA
AVA is a decentralized, open-source, and community-driven cryptocurrency ecosystem that empowers users to create, issue, and manage digital assets seamlessly.
Introducing AVA: A Revolutionary Blockchain Ecosystem
The AVA utility token, pioneered by the AVA Foundation, epitomizes the innovative concept of harnessing blockchain technology to revolutionize customer loyalty programs, thereby transcending the limitations of traditional models and unlocking unprecedented applications.
At its core, AVA serves as the gateway to the AVA Smart Program, a pioneering web3 loyalty initiative that offers a diverse range of benefits to end users, including loyalty rewards, exclusive discounts, gated access privileges, AVA bonuses, and more. Furthermore, the token facilitates alternative payment options for the procurement of goods and services on partner platforms, while also empowering the AVA community through its governance capabilities.
The overarching mission of the AVA Foundation is to establish a decentralized, self-sustaining, and interconnected blockchain-based loyalty ecosystem, with AVA at its nucleus. The AVA Foundation strives to actualize this vision by introducing the AVA Smart Program, which enables partner projects to seamlessly integrate via a plug-and-play approach, thereby providing participants with substantially enhanced utility, transparency, and autonomy over their rewards.
This innovative approach fosters a seamless and inclusive experience, empowering users to leverage a diverse range of partner projects through a unified loyalty program ecosystem, thereby creating a multitude of use cases, bridging community gaps, and exponentially expanding the AVA token’s reach.
The Circulating Supply of AVA Coins: A Closer Look
As of November 2023, AVA boasts a circulating supply of 53,090,627 tokens, with a capped maximum supply of 100,000,000 AVA.
Where to Acquire AVA: A Comprehensive Guide
For those looking to buy, sell, or trade AVA, the following exchanges provide a platform for these transactions:
- The esteemed Binance exchange
- KuCoin, a prominent cryptocurrency trading platform
- Gate.io, a renowned digital asset exchange
- MXC.com, a leading cryptocurrency trading platform
- Uniswap, a decentralized exchange (DEX) pioneer
- Bybit, a prominent cryptocurrency derivatives exchange
Ava’s Diverse Applications
AVA is poised to revolutionize the infrastructure of loyalty programs, empowering participants to reap rewards for their multifaceted contributions to the ecosystem. These contributions can take various forms, including completing purchases as a customer, fostering ecosystem growth as a community member, or providing inventory as a supplier.
AVA Payment Solutions
Users can utilize AVA to acquire goods and services on select websites that accept cryptocurrency, as well as on partner platforms, such as Travala.com, where they can purchase travel bookings, Travel Credits, and gift cards. When paying with AVA on partner platforms, users may also be eligible for exclusive benefits, including discounts or special pricing reserved solely for AVA users. Furthermore, any future web3 products introduced by or in partnership with the AVA Foundation will be purchasable with AVA, with revenue generated from sales contributing to the AVA Community Pool, Ecosystem Incentives, and Foundation Reserve, thereby ensuring the long-term sustainability of the AVA ecosystem.
Seamless Access
Users necessitate AVA tokens to unlock access to select products and services within partner ecosystems. For instance, the AVA Smart Program empowers users to stake AVA, thereby gaining access to their preferred tier and reaping benefits, including exclusive perks such as travel drop giveaways, Ambassador Bonuses, and services like the Open Passport. Furthermore, governance activities within partner ecosystems can be established, enabling members to exercise their voting power on pivotal platform decisions.
AVA Earn Programs: Unlock Your Earning Potential
Earn programs for accumulating AVA are offered by third-party platforms and exchanges, allowing users to lock up their AVA for varying periods, including short, flexible, and long-term durations. Furthermore, web3 earn programs may be introduced if proposed and approved by the community through the AVA Community Governance feature.
AVA Community Governance: Empowering Collective Decision-Making
Decentralized governance features for the AVA ecosystem are accessible through vote.avafoundation.org, facilitating voting on use cases related to the AVA token, Travel Tiger NFTs, and the broader AVA ecosystem, as well as the future submission of community proposals as part of the progressive decentralization of the AVA ecosystem. To participate in the voting process, individuals must hold AVA tokens, with voting power determined by their respective AVA balances.
AVA Rewards: Empowering Community Engagement
The capacity to receive AVA as a reward for completing purchases serves as a potent supply-side instrument, effectively introducing new users to the AVA ecosystem while fostering long-term user loyalty. As a key component of the AVA Smart Program, partner projects can seamlessly integrate AVA givebacks into their purchase experiences, whereby customers receive a predetermined percentage of their purchase cost reimbursed in the form of AVA, contingent upon their membership tier.
Introducing AVA Smart Bonus: Unlocking New Heights of Rewards
The AVA Smart Bonus offers a unique opportunity for Smart members to earn rewards in the form of AVA tokens, simply by participating in the AVA ecosystem on a quarterly basis. The amount of the AVA Smart Bonus is periodically determined through a democratic Community Vote, which also enables the possibility of benefiting from the AVA Smart Bonus Booster, should it receive the necessary votes.
Currently, the AVA Smart Bonus mechanism is in effect, offering an annualized rate of 15% for all Smart members, with the exception of Diamond members, who enjoy a preferential annualized rate of 20%.
Ava Token Burn Mechanism
The AVA Burn utility, currently in its conceptual phase, aims to foster increased payment transactions on partner platforms, while introducing a deflationary mechanism to AVA by incrementally reducing its supply through the burning of a percentage of transaction volumes on partner platforms.
Incentivizing Loyalty: Rewarding Commitment
AVA fuels innovative web3 loyalty initiatives, including the esteemed AVA Smart Program, which unlocks a plethora of benefits when AVA is staked, featuring exclusive discounts, loyalty rewards, bonuses, ambassador incentives, payment discounts, and more.