Article Summary, Automatically Generated By AI
Summary of TRVL
Key Points
- Dtravel is a peer-to-peer vacation rental ecosystem powered by TRVL token.
- TRVL token utility is founded on 3 pillars: staking, currency for travel, and governance.
- Dtravel earns revenue through Dtravel Direct, Sensei AI, and Nite Protocol.
- TRVL token has a maximum supply of 1,000,000,000 (1 billion).
Numbers and Figures
- $7M: seed round raised by Dtravel.
- 1,000,000,000: maximum supply of TRVL token.
Case Studies and
About TRVL: Empowering a New Era of Travel
Introducing TRVL: A Revolutionary Travel Experience
Dtravel is a pioneering peer-to-peer vacation rental ecosystem, fueled by its native cryptocurrency, TRVL, which facilitates seamless interactions and transactions within the platform.
Built upon the Nite Protocol, Dtravel is revolutionizing the global travel landscape by eliminating the need for centralized marketplaces and resolving issues related to connectivity, trust, and distribution. The TRVL token serves as a catalyst to accelerate Dtravel’s growth, while enriching the experience of holders within the Dtravel ecosystem. By leveraging Dtravel’s infrastructure, vacation rental operators can establish their own booking sites and activate on-chain listings. Meanwhile, travelers can seamlessly discover and book vacation rentals directly with operators through Dtravel’s cutting-edge discovery engine, Sensei AI.
Vacation rental operators and travelers are incentivized with TRVL tokens for facilitating peer-to-peer bookings and contributing to the expansion of Dtravel’s decentralized network of listings.
The utility of the TRVL token is founded on three pillars:
Meet the Visionaries Powering the Dtravel Ecosystem
The TRVL ecosystem boasts a formidable collective of blockchain pioneers and seasoned executives from esteemed organizations, including Airbnb, Booking.com, Expedia, Travala.com, Cardano (IOHK), and Yearn Finance. Notably, the ecosystem benefits from the expertise of prominent contributors and advisors, such as Bruno Paleo, former Director of Engineering at Cardano, DeFi visionary and founder of Yearn Finance Andre Cronje, and Sicco Behrens, co-founder of Booking.com.
Meet the Visionary Investors Behind TRVL
Dtravel has successfully secured a $7 million seed funding round, backed by a prestigious consortium of investors, including Kenetic Capital, Future Perfect Ventures, DHVC, Plutus VC, GBV Capital, AU21 Capital, Shima Capital, LD Capital, and NGC Ventures, as well as a distinguished group of angel investors, featuring former high-ranking executives from esteemed companies such as Airbnb, Expedia, Uber, and Google.
Staking: Amplifying the Value Proposition of Dtravel Applications and Yielding
Distributing rewards to TRVL holders through a share of ecosystem-generated revenue.
Currency for the Modern Traveler: Unlock Exclusive Discounts with TRVL
Within the Dtravel ecosystem.
Governance: Empowering the Creation and Voting of Dtrips, and Selecting
The protocol’s underlying architecture and tokenomic parameters.
Dtravel generates revenue streams through a trifecta of innovative platforms: Dtravel Direct, Sensei AI, and the Nite Protocol.
Dtravel Direct: A Comprehensive Direct Booking Solution Empowering Seamless Vacation Experiences
Empowering rental operators to establish their own bespoke websites, showcase smart contract-driven listings, and facilitate seamless peer-to-peer booking experiences.
Sensei AI: A Pioneering AI Application That Transcends Commission Fees
By matching a traveler’s unique profile and preferences with vacation rentals that can be booked directly with owners and operators, we create a seamless experience.
Nite Protocol: A Decentralized Data Fabric for the Vacation Rental Ecosystem
For universal accessibility and development, the Nite Protocol facilitates a unified platform by tokenizing vacation rental nights, effectively converting a real-world asset (RWA) into a blockchain-based token.
Whenever fees are settled in TRVL, a discount is applied. Conversely, when fees are paid in fiat currencies or other cryptocurrencies, they are utilized to repurchase TRVL. The fees converted to or paid in TRVL are subsequently divided and allocated to:
- The Stake-to-Boost Vault
- The Stake-to-Earn Vault
- The TRVL Community Treasury
- The Burn Bin
The trifecta of TRVL utility pillars precipitates a surge in demand for TRVL, while the token model is ingeniously designed to gradually diminish the circulating supply of TRVL.
Discounted fees, rewards, and the privilege of voting on grants and shaping protocol and tokenomics parameters collectively drive demand for TRVL, thereby fostering growth in fee-paying users. The buyback mechanism effectively removes TRVL from the market, thereby reducing the circulating supply. Furthermore, the recyclable burning process renders it increasingly difficult to reintroduce TRVL into circulation by locking it, while the staking vaults incentivize users to keep their TRVL holdings out of circulation.
The total supply of TRVL is capped at a fixed amount of 1,000,000,000 (1 billion), ensuring a finite and scarce resource.
Delve into the world of TRVL by exploring
https://www.dtravel.com/token
, the ultimate resource for discovering more about this innovative token.