TRVL Token

OTAs compete fiercely with one another and are obligated to maximize value for their shareholders. This has resulted in closed systems that concentrate most of the value with early shareholders at the expense of OTA users like travelers and operators.

As user-created value becomes more common, the next step is towards software that’s built, operated, and owned by users. While web2 platforms are designed to extract value from users, web3 equivalents create value for users. This is the ownership economy, in which platforms can leverage incentives to create network effects and a self-sustaining cycle over time.

The travel industry is well suited to the ownership economy because everyone in the world can potentially be a traveler or travel operator. In the Dtravel ecosystem, ownership is represented by TRVL.

The TRVL token plays three main roles within Dtravel:

• Staking - enhances the value of using Dtravel and generates additional rewards for TRVL holders who lock their tokens.

• Currency for travel - when used for payments, TRVL unlocks discounts inside Dtravel.

• Governance - used for creating and voting on proposals, and for choosing protocol and tokenomic parameters.

Please see TRVL Tokenomics for more information.