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- 1 Dtravel is an innovative web3 project that builds solutions for the travel industry.
- 2 TRVL is the utility token of Dtravel which provides the ability to participate in the ecosystem of products.
Dtravel accelerates the global adoption of direct bookings and decentralized distribution through open and permissionless connectivity. It offers modern direct booking tools with minimum fees. The user can create a modern direct booking site or upgrade the existing one and can also access new distribution channels.
The online travel agencies have simplified the process of booking vacation rentals online. But, they also introduce unnecessary fees and layers, creating changes that cause an imbalance of power in the travel industry.
By incorporating blockchain and web3 technologies, the user can foster direct connections that support efficient market dynamics and empower greater ownership.
The project is crafted to complement the existing technology which grows and scales the direct booking business. Dtravel is a sustainable solution for vacation rentals.
It is built on top of a blockchain, hence it does not require intermediaries. It gives full control to property managers over their business.
Dtravel gives a seamless experience of an online travel agency. The user can retain control over payouts. Dtravel serves as a rental website builder and direct booking engine built on top of a decentralized blockchain. It enhances the trust, showcases the brand, offers diverse payment options, and distributes the listing with full control.
TRVL is the payment option that also serves as a community currency and governance token. Holding TRVL will unlock new products and features. The ecosystem is made up of blockchain veterans and former executives from Airbnb, Expedia, Travala(dot)com, Booking(dot)com, Yearn Finance, and Cardano.
Some of the investors of TRVL include Kenetic Capital, Plutus VC, Future Perfect Ventures, AU21 Capital, etc.
Facilities that Dtravel Offers
Direct booking trips: The platform makes it easy to book vacation rentals directly. It makes it easy to discover vacation rentals through metasearch, web3 apps, and partnerships.
Own the travel data: As it is on blockchain technology, the data is transparent and the details of traveling are stored permanently.
Monetize the experience: Anyone can earn from travel just by creating a profile and earn from travel by collecting proof-of-travel stamps for completed trips.
Control over the business: Property managers retain complete control over their business.
What makes Dtravel different?
Dtravel is a robust project that fosters a community of satisfied property managers and owners who recognize the important role Dtravel plays in the success of their vacation rental businesses.
The community members have the right to take part in the decisions related with the project. They can make use of their voting rights. Snapshot is a voting platform that allows DeFi protocols of NFT communities to vote easily.
The project is built on blockchain, thus avoiding the need for intermediaries and also it unlocks the potential to reach a wider audience and hassle-free booking. The property managers also retain complete control over their business.
How Does it Work?
Dtravel is a blockchain based technology where bookings are made on-chain in a peer-to-peer manner. Smart contracts maintain transparency and also govern the bookings. Hosts can accept payments in crypto in fiat currency.
By utilizing smart contracts and blockchain technology, Dtravel removes the issues caused by travel agencies. The project allows the hosts to create their terms and policies and build their unique brand with greater customizability.
Aim of Dtravel
Value the ownership: Dtravel tools are built for ownership. It empowers the host to gain full control over their business and enables guests to better shape their travel experience.
Community-driven platform: The project’s main aim is to serve the community. All the holders of TRVL are active participants in governance and planning. The community can give their inputs regarding action taken for the welfare of the project.
Transparency: The platform maintains transparency with the community and the ecosystem.
Empowers Host: Dtravel facilitated direct transactions between hosts and guests using automated cryptocurrency payments through smart contracts. The hosts pay lower fees and can accept both fiat and crypto payments.
It also empowers the host to have control of their business without spending time. The platform also helps in building direct booking websites.
TRVL market analysis
The market cap of the token is $8,078,742. The circulating supply of the token is 293,218,534 TRVL. The total supply of the token is 1,000,000,000 TRVL. The fully diluted market cap of the token is 27,554,797.
Summary
Dtravel functions as a technology provider rather than an intermediary. The communication between a host and guest is not restricted. If any dispute arises between the host and guest, then it may be settled with the policies approved by vote of the Dtravel DAO.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
