Decentralized travel website Dtravel facilitates crypto bookings for over 250K destinations

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Bybit

Dtrav­el, a blockchain-based trav­el web­site will now per­mit cus­tomers to make pay­ments in cryp­tocur­ren­cy. The cus­tomers will also be able to make pay­ments in its native token TRVL to book 250,000 homes spread across 20,000 destinations.

The decen­tral­ized home-shar­ing plat­form is backed by the lead­ing cryp­tocur­ren­cy exchange Binance, allow­ing cus­tomers to rent vaca­tion homes at pre­mi­um tourist des­ti­na­tions. It was launched by Travala.com, a cen­tral­ized book­ing out­let that allows cus­tomers to book accom­mo­da­tions and flights by mak­ing pay­ments in cryp­to token AVA.

Dtravel will now accept payments in cryptocurrency

Dtrav­el says that cus­tomers can now use its recent­ly launched TRVL cryp­tocur­ren­cy token to make pay­ments. Cus­tomers using TRVL will also get addi­tion­al ben­e­fits such as trav­el rewards and gov­er­nance par­tic­i­pa­tion. The plat­form fur­ther stat­ed that they will con­tin­ue to add more des­ti­na­tions to diver­si­fy their ser­vice portfolio.

The token launch which was con­duct­ed two weeks ago host­ed 60,000 par­tic­i­pants across sev­er­al cryp­tocur­ren­cy plat­forms, after which the token was list­ed on Bybit, MEXC Glob­al, and Gate exchange.

Dtrav­el pri­mar­i­ly func­tions as a Decen­tral­ized Autonomous Plat­form (DAO) allow­ing TRVL token hold­ers to take part in the company’s core deci­sion-mak­ing pro­ce­dures. The plat­form is led by the exec­u­tives of Expe­dia and Airbnb who received tokens in exchange for their funds invest­ed in the said venture.

“Offer­ing the Dtrav­el com­mu­ni­ty an expand­ed range of accom­mo­da­tion options in these ear­ly stages of the project is crit­i­cal for ensur­ing the com­mu­ni­ty con­tin­ues to grow glob­al­ly, not just in tourist hot spots. The speed at which we’ve been able to increase the num­ber of homes on Dtrav­el will be instru­men­tal in accel­er­at­ing the home-shar­ing economy’s tran­si­tion from Web 2.0 to Web 3.0 which — in the case of Dtrav­el — enables both hosts and guests to shape the plat­form through own­er­ship and gov­er­nance,” says Cyn­thia Huang of Genesys Part­ners, the ini­tial devel­op­ment team of Dtravel.

The TRVL token was recent­ly list­ed on Kucoin and is also avail­able on Binance Smart Chain’s Pan­cakeSwap. Cus­tomers can also make use of the AnySwap cross-chain bridge to seam­less­ly swap between the BEP 20 TRVL token and the E20 TRVL token.

Dis­claimer: Cryp­toSlate holds a finan­cial posi­tion in Dtrav­el and was giv­en the oppor­tu­ni­ty to par­tic­i­pate in the pre­sale of this project in exchange for news, analy­sis, and oth­er types of cov­er­age. Cryp­toSlate was NOT paid to pub­lish this article.

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