TRVL in the Dtravel Ecosystem
Dtravel
0xf3D7
August 26th, 2022

The vision for the TRVL token is for it to become the web3 travel token that can be seamlessly used to interact with all web3 travel applications. The aspiration is for these web3 travel applications to all be part of the TRVL ecosystem, whether that be through accepting TRVL as payment or using TRVL to power other ecosystem activities.

The starting point for making this a reality is with Dtravel. Dtravel is the flagship product within the TRVL ecosystem and offers some of the first core use cases for the TRVL token.

By interacting with TRVL, hosts, guests and other industry participants can enjoy a more rewarding and empowering experience with significantly greater ownership over both their travel activities and use of the Dtravel platform. As the Dtravel roadmap unfolds, so too will TRVL utility.

TRVL Utility in the Dtravel Ecosystem

The following are proposed TRVL utilities we plan to build toward:

Payment Discounts

Payments within Dtravel using TRVL will receive discounts. This will be similar to how exchange users receive a discount in trading fees when the fees are paid with their native token, turning TRVL into a community currency.

Accessing Dtravel

To be able to use Dtravel as a host or guest, users will be required to hold or spend TRVL. This requirement is currently waived in order to reduce onboarding friction and foster growth. Once the requirement is implemented, we envision a future where there are millions of hosts and guests staking TRVL to access a Dtravel membership. As the number of hosts and guests grows, so too does the amount of TRVL staked.

Loyalty Points

TRVL can be used as loyalty points or rewarded as a giveback with the added benefits of transferability and liquidity. TRVL is already being used as a giveback currency for hosts generating bookings on Dtravel, with a current 5% giveback that results in a net booking fee of 0%.

Enabling Features within Dtravel

To enable additional features in Dtravel, hosts or guests will need to hold or spend TRVL. An example of an additional feature is insurance. TRVL deposited by hosts and guests can be used to protect hosts from damages caused by guests and to protect guests from last-minute cancellations by hosts.

Platform Improvements

TRVL (or an NFT bought with TRVL) allows holders to submit proposals (Dtrips) for improvements of the Dtravel platform.

Referrals

The upcoming Dtravel referral program will incentivize growing the number of hosts and guests within the ecosystem by rewarding existing hosts and guests, as well as their invitees, with TRVL rewards.

Travel Partners

In partnership with Travala.com, TRVL can already be used to purchase hotels, flights and activities. TRVL is also airdropped to Travala.com members who stake AVA in the Smart Program. Other TRVL airdrops for usage of the Dtravel platform will be considered.

Open Passport

TRVL will also be used to purchase the Open Passport and issue special edition stamps. Dtravel will support the Open Passport initiative that allows hosts to issue their guests stamps on the Proof of Travel protocol after completing a stay. This will create a system that fosters trust for peer-to-peer travel bookings.

Where to Buy TRVL

The TRVL token can be purchased at any of the following partner exchanges:

📍 MEXC

📍 Gate.io

📍 Kucoin

📍 ByBit

📍 Pancake Swap

📍 Uniswap

For more details on the total TRVL token supply and unlock schedule, please see the TRVL Token Economics.

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