The quest for mass adoption is definitely a long adventure. Most people would easily point out that bitcoin has done the most in regards to popularizing cryptocurrencies. While there’s some truth to that statement, at the moment, no one is doing more than Litecoin in favor of mass adoption. The latest endeavor by Charlie Lee has recently been revealed to be a partnership with Travala.
Travala is a blockchain-based booking platform. It’s basically another blockchain company, but its ideas will definitely serve as a model for future agreements. Expedia can also rethink their decision on not accepting bitcoin if Travala can make the Litecoin payments work.
Litecoin’s agreement with Travala will offer the company’s customers incredible deals. Clients can shred up to 40% of the hotel costs if they pay via Litecoin.
— Litecoin Foundation (@LTCFoundation) May 9, 2019
Additionally, Travala entered a partnership with the Litecoin Foundation for the upcoming Litecoin Summit. The event will be held in Las Vegas, during the Blockchain Week in October.
Travala’s efforts towards mass adoption aren’t limited only on Litecoin. The company is an official partner of the Bitcoin 2019 Conference.
Travala is also by no means going to force travelers to make compromises in luxury and/or class. Clients who choose to pay via cryptocurrencies will have full access to over 600 000 properties spread over 103 countries.
Travala and Litecoin are showing how things must be done
There is a lot of talk about the “new version” of the Litecoin foundation. Despite the coin being the 5th-largest, it has more than doubled its value from last year. Keep in mind that the majority of cryptocurrencies lost more than 85% of their value during the bear market.
Charlie Lee’s vision about Litecoin is quite simple: A faster and cheaper cryptocurrency than bitcoin. With ever new software upgrade he seems to be getting closer. With the release of Litecoin Core 0.17.1 default transaction fees were lowered. The result was a 0.0001 LTC/kB minimum transaction fee.
With bitcoin fees going up more than 250% recently, Litecoin might just become what Charlie Lee hopes it to be.
Needless to say, there is still a lot of work to be done. Mass adoption is inevitable, but only a few will be able to take credit when the world fully embraces cryptocurrencies.
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Tags:Charlie Lee partnershipfaster and cheaperLitecoin FoundationLitecoin growthLitecoin TravalaTravala