Highlights From Our AVA Foundation AMA

Highlights From Our AVA Foundation AMA

On February 11th 2025 we sat down with Yoav Tchelet, Growth Leader from AVA Foundation, to discuss their most recent news and events. If you have a spare 30 minutes you can listen to the whole AMA session via the recording on X - there's a ton of useful and interesting information shared!

If you're a bit more pressed for time though we've narrowed down the five most interesting things we learned during the talk.

1. AVA Foundation Plans to Revolutionize Loyalty Programs

The core mission of AVA is to create a decentralized and self-sufficient loyalty points system, powered by blockchain. Existing loyalty programs are full of inefficiencies that render them frustrating or sometimes worthless, with problems like points expiring quickly, limited redemption options, and fragmentation surrounding where the points can be spent. AVA is solving this problem by providing real value through tokenized rewards, and are working hard to bring new partners into a global rewards ecosystem.

2. The AVA Smart Program is Full of Rewards

At the heart of the company is the AVA Smart Program, which provides a litany of benefits that scale up in tiers based on the amount of AVA that the user is currently staking. Users can sign up for this program to get the base benefits for free, with absolutely no obligations, and receive 2% giveback. By climbing through the tiers, users can also receive up to 5% giveback when paying in AVA, 13% savings on travel bookings, up to 20% returns on AVA, participate in airdrops with partners, get airport lounge access, and a lot more.

3. The Travel Tiger NFT Boosts Rewards Further

AVA Foundation offers special NFTs called Travel Tigers, which grant access to the Diamond rewards tier. These NFTs also provide additional benefits to the holders, such as access to exclusive travel giveaways, which result in the winners being whisked away to locations like Europe, the Superbowl, the Maldives and other exotic locations for a long holiday.

NFT Holders also earn travel credit rewards by completing contributor tasks such as helping to publicize AVA on social media, which pays out about $300 per person. Best of all, users can hold multiple NFTs to receive multiple rewards, with no limits on the number that can be held by a single person.

4. Blockchain Technology Gives AVA The Edge

When existing travel loyalty programs already exist, what sets AVA apart from all the rest? They key is in the adoption of blockchain technology, which allow the travel points that are accrued to potentially appreciate over time, while also granting increased flexibility compared to traditional loyalty programs. AVA's loyalty points also never expire, reducing the stress and confusion compared to existing programs.

5. AVA Buyback Program Helps Sustain The Coin Price

The AVA Foundation conducts a buyback every month, repurchasing AVA from the open market. The value of the buyback is determined according to the USD value of rewards that have been distributed to smart members on Travala, meaning that the buyback amount will continue to grow as the platform becomes bigger and bigger. These buybacks are completely transparent, with transaction details shared with the community every time they happen.

We thank Yoav Tchelet once again for taking the time to speak with us, and look forward to more AVA events on Bitrue in the future!

To catch more of our AMA sessions live in the future, be sure to give us a follow on our official X account.