The TRVL token was launched in Q4 2021 on both the Ethereum Network (ERC-20) and BNB Smart Chain (BEP-20). The total supply of TRVL will be 1 billion (1,000,000,000). TRVL will be distributed in the following manner:
Community Treasury: 25% TRVL
The Community Treasury retains 25% of the entire TRVL supply. This amount will vest over a period of 72 months.
The Community Treasury funds are allocated toward operational expenses and grants related to: the development and management of the Dtravel platform and associated services, governance participation, bridges to other blockchain networks, and exchange liquidity.
Community Growth Fund: 25% TRVL
The Community Growth Fund retains 25% of the entire TRVL supply. This amount will vest over a period of 72 months.
The Community Growth Fund is focused on growing the Dtravel ecosystem through growth initiatives such as rewarding referrals, airdrops (for example, the 10m TRVL allocated to Travala.com users), and Earn rewards.
Foundation Reserve: 20% TRVL
The Foundation Reserve is established to foster the development of Dtravel’s platform and ecosystem through grants, acquisitions and other actions to benefit from value-adding opportunities. The Foundation Reserve allocation vests over 48 months.
Core Contributors and Advisors: 10.5% TRVL
Subject to a 5-year lock-up with an 18-month vesting cliff, starting at the token generation event (TGE), vesting monthly in equal amounts afterwards.
Seed Sale: 10% TRVL
10% unlocked at TGE and vesting over 6 months followed by a 12-month cliff with the remaining vesting over 6 months afterwards. Seed Sale tokens were sold at an average price of $0.02.
Strategic Sale I: 7% TRVL
10% unlocked at TGE and vesting over 6 months followed by a 12-month cliff with the remaining vesting over 6 months afterwards. Strategic Sale I tokens were sold at an average price of $0.05.
Strategic Sale II: 2.5% TRVL
10% unlocked at TGE and vesting over 6 months followed by a 12-month cliff with the remaining vesting over 6 months afterwards. Strategic Sale II tokens were sold at an average price of $0.09.
Circulating Supply
The circulating supply of TRVL can be viewed on CoinMarketCap and CoinGecko.
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