What is Dtravel? Details about Dtravel and TRVL . token

• Overview of Dtravel
• What is Dtravel?
• Outstanding features of Dtravel
• Dtravel's operating model
• The development team, the investor of the Dtravel . project
• Dtravel's development roadmap
• Overview of TRVL . token
• What is TRVL token?
• Detailed information about TRVL . token
• TRVL . Token Allocation
• Where can TRVL tokens be bought and sold?
• The future of the Dtravel project and should I invest in TRVL tokens?
• summary

Overview of Dtravel 

What is Dtravel?

Dtravel is a decentralized platform that helps customers find, book and pay for accommodation with fees up to 50% lower than other platforms in the same field. Customers can pay their expenses in fiat currency and popular cryptocurrencies, including Dtravel's utility token TRVL.

Dtravel is a decentralized autonomous organization (DAO), owned and managed by the community including contributors and TRVL token holders… Besides, Dtravel also has a property protection fund for guests. goods with a value of up to 1 million US dollars.

Outstanding features of Dtravel

Dtravel is building a decentralized Home-sharing network, owned by the community and managed by them. Dtravel helps travelers discover accommodation in the short and long term, and provides users with a wider choice of accommodation types. Dtravel directly addresses the challenges faced by the Home-sharing market thanks to the following characteristics:

Disintermediation : Dtravel seeks to create a free connection platform between homeowners and customers. Thereby, the project wishes to increase the coverage of Home-sharing accommodation services.

Low Fees : Through Dtravel, the cost of renting accommodation can be up to 50% lower than other platforms in the same field. 

Fair Distribution : All profits will go to the Community Treasury and be managed and distributed by the community to stakeholders or to develop the platform.

Decentralized Dispute Resolution : Dtravel will resolve disputes through the Support-to-Earn method.

Explicit Rewards : Community members with Premium, Star Host and Star Guest memberships receive TRVL tokens as rewards.

Transparency : Dtravel applies Web 3.0 technology along with practical applications of blockchain, cryptocurrency and DAO, so this platform will ensure transparency in all transactions, voting...

Through the above characteristics, Dtravel will build trust between homeowners and customers through its platform. In addition, Dtravel also empowers hosts and travelers in a peer-to-peer manner and ensures benefits for both parties.

Dtravel's operating model 

Dtravel's business model is relatively simple, as the project's main source of revenue comes from booking fees. In which, 1% of the booking fee will be charged to the Protection Pool to protect the host if an unfortunate problem occurs leading to property damage. The remaining fee will be transferred to the Community Treasury to maintain the operation of the platform or develop more features.

Dtravel chooses a self-regulatory structure as a decentralized autonomous organization (DAO). The Dtravel DAO will have a Representative Board with members elected by TRVL token holders (including hosts and guests invited to participate). Dtravel DAO will control the following funds:

• Growth Fund : This fund works for the purpose of giving rewards to the platform's customers
• Community Treasury : 10% of Community Treasury booking fee revenue is converted into Stablecoin and sent to Protection Pool (10% of each booking fee revenue received by Community Treasury). The Community Treasury together with the Foundation will fund other projects created by the community for the sake of promoting the development of the Dtravel ecosystem.

Foundation is an independent organization with its own funding and is used to promote the development of the platform and ecosystem of Dtravel through grants, acquisition of TRVL tokens. The Foundation's reserve capital is 20% of the total supply of TRVL tokens.

In addition, Dtravel also has NFTs representing Premium members. NFT holders will have their own privileges.

The development team, the investor of the Dtravel . project 

Dtravel development team 

The members of Genesys Partners are also the development team of Dtravel. Genesys Partners include former executives from Airbnb, Booking.com, Expedia, Travala.com, Cardano and Yearn Finance. Notable contributors and advisors include Bruno Paleo, former chief technical officer at Cardano, Andre Cronje, founder of Yearn Finance, and Sicco Behrens, co-founder of Booking.com. 

Investor of Dtravel 

Dtravel has raised USD 7 million in seed round (Seed Round) from investment funds such as: Kenetic Capital, Future Perfect Ventures, DHVC, Plutus Ventures, GBV Capital, AU21 Capital, Shima Capital, LD Capital and NGC Ventures, including former executives at Airbnb, Expedia, Uber and Google.

Dtravel's development roadmap 

Quarter 4 of 2021 

• Dtravel launches the first version of Booking platform.
• The project supports ERC20 contracts for TRVL tokens and ERC721 for Premium Member NFT.
• Dtravel issues and sells TRVL and Premium Member NFT tokens.

1st quarter of 2022 

• Start Early Bird Call and launch referral program.

Second quarter of 2022 

• Dtravel launches Booking platform version 2, releases Dtravel mobile app.
• Launching programs to encourage customers to become Star Host and Star Guest.

Expected in the future

• Add policies for Protection Pool.
• On-chain Booking support.
• Proposal to improve Dtravel.
• Funding from the Community Treasury to community-developed projects.
• Bridge for TRVL tokens to other blockchains.

Overview of TRVL . token

What is TRVL token?

TRVL is the official token of the Dtravel project, TRVL is used in the following cases:

• Dtravel allows customers to pay for bookings in a variety of fiat currencies and cryptocurrencies including TRVL tokens. When customers use TRVL tokens to pay, they will receive a refund of up to 25% of the booking fee
• TRVL is used as a reward to encourage the community to contribute to the development of the Dtravel project
• TRVL token holders have the right to participate in governance, vote and propose new options to help develop the Dtravel project.

Detailed information about TRVL . token

• Ticker: TRVL.
• Blockchain Network: Ethereum.
• Total Supply: 1,000,000,000 TRVL.

TRVL . Token Allocation

• Strategic Sale 1: 7%.
• Strategic Sale 2: 2.5%.
• Seed Sale: 10%.
• Community Growth Fund: 25%.
• Core Contributors & Advisors: 10.5%.
• Foundation Reserve: 20%.
• Community Treasury: 25%.

A total of 1,000,000,000 TRVL will be distributed within 60 months, details of the distribution schedule are shown in the figure below.

Where can TRVL tokens be bought and sold?

Recently, the project opened the sale of TRVL tokens on the Polkastarter platform on November 26, 2021. Currently TRVL token is not listed on any exchange. TraderH4 team will update information as soon as there is an official announcement from the project.

The future of the Dtravel project and should I invest in TRVL tokens?

Dtravel is also one of the projects that has the ability to accelerate the application of cryptocurrencies into practice. Through the payment of cryptocurrency to users when booking with many attractive incentives, Dtravel will help more customers around the world to understand more about blockchain and cryptocurrencies. 

In addition, the application of advanced blockchain technology can promote the development of the Home-sharing field. Before that, Travala.com was successful in applying cryptocurrency and blockchain technology. On Travala.com, more than 70% of bookings are paid for in crypto, and thousands of users have signed up for the platform's loyalty programs.

This opens up a potential opportunity for Dtravel to build a vision of a truly decentralized Home-sharing ecosystem that benefits all members of the platform's user community. This will contribute to boosting the value of TRVL token as it plays a core role in Dtravel's incentive programs.

summary

Above is information about the Dtravel project and the TRVL token. Dtravel platform creates favorable conditions for customers to search and book rooms with low fees. With the above information, hopefully you have been able to judge the potential of the project in the future to make the right investment decision for yourself.

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