Litecoin Foundation Partners With Hotel Booking Platform

On Thursday (May 9), ("Travala"), a leading crypto-friendly accommodation booking platform that has its own blockchain-powered ecosystem, announced a strategic partnership with the Litecoin Foundation to help drive the mainstream adoption of cryptocurrencies for making payments.

In its business plan, Travala describes itself as "the next-gen online travel agency." Its 567,928 properties span across 82,311 destinations in 210 countries.

Travala believes that its platform offers several benefits that make it better able to serve a younger generation of consumers who "dislike the established order, have not yet formed their brand loyalties, and yet are tech-native and extremely socially aware."

These benefits include:

  • at least 15% cheaper than "traditional" online travel agencies such as,, and;
  • support for cryptocurrency payments (as well as fiat currencies);
  • "blockchain-verified" reviews; and
  • a" token-powered incentivization economy"; the AVA token "enables users to benefit from the largest possible discounts when booking their next trip, is given to contributors who help grow the platform through authentic reviews and other content, rewards those who make successful referrals and is paid as fuel cost by other platforms when they leverage Travala infrastructure to improve their own offerings."

These are Travala's current payment options:

Travala payment options.png

Travala says that it is "kickstarting" its partnership with Litecoin Foundation with the  #TravelWithLitecoin campaign, in which " and Litecoin Foundation will enable users to save up to 40% on hotel bookings through and Litecoin’s LoafWallet."

The Loafwallet is a Litecoin wallet available for iOS and Android. It was built by Litecoin creator Charlie Lee, and it is maintained by the Litecoin Foundation.

As with the #PayWithLitecoin, the #TravelWithLitecoin campaign "encourages the Litecoin community to use LTC as a form of everyday payment wherever their journey may take them."

In the press released shared with CryptoGlobe, Travala says that it will also be the official accommodation partner for the upcoming two-day Litecoin Summit 2019 event (October 28-29, 2019 in Las Vegas).

Matthew Luczynski, CEO and Founder of said:

“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.”

Luczynski added that this partnership with the Litecoin Foundation "will enable a more inclusive and flexible travel experience for users, as they embrace the versatility of cryptocurrencies as a payment solution."

Charlie Lee, the managing director of Litecoin Foundation, had this to say:

"We are excited to work with to make it easier for Litecoin users to #TravelWithLitecoin. 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 CryptoCompare, at press time (10:25 UTC on May 9), LTC is trading at $74.42, up 0.12% in the past 24-hour period:

LTC - 24 Hour CC Chart - 9 May 2019.png

Featured Image Credit: Photo via "Payment Options" Screenshot Courtesy of

Cannabis Shops Turn to Crypto Apps Amidst Coronavirus Cash Shortages

Michael LaVere
  • Cannabis shops in Boulder, Colorado are using bitcoin payment app Strike to conduct "contactless" exchanges.
  • Cash shortages and lack of sanitation are causing businesses to find alternative means for transaction. 

Cannabis shops are using bitcoin payment services to conduct business in place of fiat amidst the coronavirus pandemic. 

According to a report by CoinDesk, cannabis dispensaries in Boulder, Colorado have been onboarded to the closed beta for Strike, a bitcoin payment service application founded by lighting network supporter Zap. 

Zap, founded by Jack Mallers, has been operating a closed beta for the payment application Strike which allows users the option of sending bitcoin or dollars and receiving funds in their bank account. The application uses a simple QR code interface, similar to Venmo, that allows users to send funds without having prior knowledge or expertise with bitcoin. 

Mallers said, 

Every Strike user is given a public domain at We’re using Lightning for really fast online settlement of value transfers. … It’s also beneficial for privacy on the sender’s side.

Johnny Kurish, general manager at Boulder’s Helping Hands Herbals cannabis shop, said the application allowed his dispensary to process $1,000 worth of purchases since being added to the beta last week. 

Kurish said the dispensary will switch to only accepting Strike payments, which allow for contactless exchanges in light of the coronavirus pandemic. 

He said, 

We’re really lucky to have curbside drop-offs. We check the ID through the roll-up window, deliver the cannabis to a podium in front of the car. We’re happy to reopen with an option that’s safe for our staff.

Featured Image Credit: Photo via