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  • Introduction
  • Papers
    • Dtravel Litepaper
      • Problems
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      • What is Dtravel?
      • TRVL Token
      • Join the Dtravel Community and Shape the Future of Travel
    • Nite Protocol Litepaper
      • Problems
      • Solutions
      • Protocol Design
        • Nite Token (Nites): A Standardized Representation of a Booking
        • Dusk: The Unifying Language for the Vacation Rental Industry
        • Protocol Listing Data Flow
        • How This is Different from Web2 Systems Today
      • TRVL Token: Promoting Nite Protocol Decentralization
        • Benefits of Using TRVL in the Nite Protocol
      • New Possibilities that the Nite Protocol Enables
      • Why Adopt the Nite Protocol
      • How Dtravel Will Support the Protocol
      • How to Contribute to the Nite Protocol
    • Dtravel DAO Governance
      • Our Guiding Principles
      • Contributing Teams
      • How Community Members Can Vote
        • How does Snapshot work?
        • Why is Dtravel using Snapshot?
        • Dtravel Snapshot
        • How do community members use Snapshot for voting?
        • How can community members get TRVL to vote?
      • Join the Dtravel Ecosystem
    • TRVL Token Economics
      • Why is TRVL Critical to the Success of Dtravel?
      • Why is Dtravel Critical to the Success of TRVL?
      • TRVL Token Model Within Dtravel
      • TRVL Utility
      • TRVL Sustainable Token Model
      • Impact of TRVL Utility and Token Model
      • Growth Incentive Programs
        • Booking Mining
        • Exploration
        • Geographical Density
        • Community Building
      • Join the Community and Shape the Future of Travel
      • Legal Notice
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  1. Papers
  2. TRVL Token Economics

Why is Dtravel Critical to the Success of TRVL?

PreviousWhy is TRVL Critical to the Success of Dtravel?NextTRVL Token Model Within Dtravel

Last updated 1 year ago

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The short-term rental market is worth an estimated $83B*, with more than half of that from direct bookings. While bookings from centralized marketplaces will grow 1-2x over the next ten years, direct bookings will grow 5-10x. Dtravel is best positioned to capture this market opportunity.

Centralized marketplaces are expensive, and no alternatives have been able to solve the complexities of global payments and trust between operators and travelers. However, within Dtravel’s ecosystem, we can formalize this market by aligning economic incentives, making it more rewarding, safe, and easier for peer-to-peer bookings to flourish.

Holding TRVL allows for economic participation in the Dtravel ecosystem. The more operators enter the Dtravel ecosystem, the more valuable it becomes for travelers. The more travelers that enter the Dtravel ecosystem, the more valuable it becomes for operators. These network effects increase revenue, which will be used to buy back tokens, creating value for all TRVL holders. Together, these mechanisms will ensure robust utility and demand for TRVL and long-term value accrual.

Dtravel Flywheel

Key Takeaways

  1. Dtravel’s ecosystem is the first implementation of TRVL utility.

  2. Dtravel uses TRVL rewards to accelerate growth in the Dtravel ecosystem, increasing the formal market size for vacation rentals, especially direct bookings.

  3. That growth leads to more revenue and TRVL buy-backs for long-term token value accrual.

*

https://www.grandviewresearch.com/industry-analysis/vacation-rental-market