What Is TRVL?

Dtravel is a peer-to-peer vacation rental ecosystem powered by its native token TRVL.

Built on the Nite Protocol, Dtravel is eliminating the need for centralized marketplaces and solving problems related to connectivity, trust, and distribution in global travel. The TRVL token is used as an incentive to accelerate Dtravel’s growth, while enhancing the experience of holders inside the Dtravel ecosystem. Vacation rental operators use Dtravel's infrastructure to launch their own booking site and activate on-chain listings. Travelers find and book vacation rentals directly with operators through Dtravel's innovative discovery engine called Sensei AI.

Vacation rental operators and travelers earn TRVL by completing peer-to-peer bookings and growing Dtravel's distributed network of listings.

TRVL token utility is founded on 3 pillars:

**Staking:** enhances the value of using Dtravel applications and generates rewards for TRVL holders via ecosystem revenue.
**Currency for travel:** when used for payments, TRVL unlocks discounts inside the Dtravel ecosystem.
**Governance:** used for creating and voting on Dtrips, and for choosing protocol and tokenomic parameters.

Dtravel earns revenue through Dtravel Direct, Sensei AI and the Nite Protocol.

**Dtravel Direct:** a complete direct booking product suite enabling vacation rental operators to create their own website, distribute smart contract powered listings and process peer-to-peer bookings.

**Sensei AI:** a revolutionary AI application that circumvents commission fees by matching a travelers unique profile and preferences with vacation rentals that be book directly with owners and operators.

**Nite Protocol:** a decentralized data layer for the vacation rental industry for anyone to access and build on. The Nite Protocol enables a single source by tokenizing vacation rental nights, turning a real-world asset (RWA) into an on-chain token.

Whenever any fees are paid in TRVL, they are discounted. When fees are paid in fiat and other cryptocurrencies, they are used to buy back TRVL. The fees converted to or paid in TRVL are split and allocated to:

1. Stake-to-Boost Vault
2. Stake-to-Earn Vault
3. TRVL Community Treasury
4. Burn Bin

The three pillars of TRVL utility generate strong demand for TRVL, whereas the token model is designed to reduce the circulating supply of TRVL.

Discounted fees, rewards, and the possibility to vote to approve grants and choose the protocol and tokenomics parameters create demand for TRVL and encourage growth in fee-paying users. The buyback removes TRVL from the market, reducing the circulating supply. Recyclable burning makes it harder for TRVL to be brought back into circulation by locking it. The staking vaults encourage users to keep their TRVL holdings out of circulation.

The maximum supply of TRVL is fixed at 1,000,000,000 (1 billion).

Learn more about TRVL by visiting https://www.dtravel.com/token.

Who is Contributing to the Dtravel Ecosystem?

The TRVL ecosystem is made up of blockchain veterans and former executives from Airbnb, Booking.com, Expedia, Travala.com, Cardano (IOHK) and Yearn Finance. Notable contributors and advisors include Bruno Paleo, former Director of Engineering at Cardano, DeFi architect and founder of Yearn Finance Andre Cronje and Booking.com co-founder Sicco Behrens.

Who Are the investors in TRVL?

Dtravel has raised a $7M seed round from Kenetic Capital, Future Perfect Ventures, DHVC, Plutus VC, GBV Capital, AU21 Capital, Shima Capital, LD Capital and NGC Ventures, as well as several angel investors, including former executives at Airbnb, Expedia, Uber and Google.