Takeaways:

An ETH and BSC-based decentralized home-sharing platform launched in June 2021.

1）Powered by former Airbnb and Travala.com director.

2）Supported by Kenetic Captial, Future Perfect Ventures, etc.

3）With Mcap~$45M & FDV~$180M.

1. Background

As one of the most famous homestays rental platforms in the world nowadays, Airbnb’s innovative model of home-sharing economy has enabled its homestays rental business to expand rapidly around the world in a short period of time, and its company market value was once close to $100 billion, making it a veritable giant in this industry. So in the web3, will it be reshaped or even disrupted by blockchain?

2. Introduction

The project we are analyzing today is Dtravel, which is a decentralized homestays rental platform, based on Ethereum and BNB chain, started in June 2021, officially launched in July 2021, with DAO governance adopted.

The token can be used for incentivizing hosts and tenants and vote on the direction of Dtravel through DAO governance. Thus ensuring that the long-term vision of the project is aligned with that of the Dtravel community, creating a competitive advantage against traditional businesses in the home-sharing economy.

According to the official information provided by the team, the platform already has 20000 destinations and 250000 vacation rentals in December 2021, with approximately 70% of tokens used for ecosystem development, with approximately 9% of tokens for directly incentivizing hosts and renters, allowing fiat and cryptocurrency payments for bookings, with both hosts and renters receiving up to25% token rebates upon order amount. The first 100000 registered hosts will be eligible to split $35 million worth of TRVL token rewards.

3. Team

Nigel, Head of Business Development and Partnerships, worked as Direction of Business Development at Publics, one of the world’s largest advertising and communications agencies, for over 2 years, then worked as Director of Client Services at Crimson for 2 years, then worked as Strategic Partner Manager, North American Sales Manager, and North American Regional Director at Airbnb for 7 years.

Cynthia, Head of Marketing, worked as Senior Associate Manager of Strategic Ventures at BCAA for 1 year, then as Head of Product Marketing and Market Development at GrowFlow for 1 year, and then as co-Founder of Airhosts Forum, the world’s #1 Airbnb host community, for 7 years.

Thai, Technical Director has over 15 years of technology development experience, worked as the founder of NKB Technology for nearly 2 years, then as co-founder and CTO of VNTRIP OTA for 7 years.

Head of Finance, Drew, CFA holder, worked as a Corporate Development Analyst at Christopher Guy, for 2 years, then as a Business Analyst at Christopher Guy, for 2 years, then as a Business Analyst at De Beers Group for 2 years, then as a Senior Analyst at Forte for 1.5 years, then as CFO at Travala.com for 3 years.

4. Roadmap

2022 Q1 Beginning of Early Bird Call

2022 Q2 Booking Platform V2

Beginning of Referrals

Mobile App

Beginning of Star Host Growth Action

Beginning of Star Guest Growth Action

5. Funding

In November 2021, raised $500K from IDO through Polkastarter and raised $860K from IEO through Gate.io, MEXC Global and Bybit; In June 2021, totally raised $5M from:

6.Tokenomics

Ticker:TRVL

Circulating supply: 250M

Total supply: 1B

Price: $0.18

Market cap: $45M

Fully diluted Valuation: $180M

Listed by: Gate.io, KuCoin, MEXC Global, PancakeSwap, Uniswap, etc.

7. Risks

Firstly, the success of the project depends heavily on the platform’s ability to acquire tenants, but the team has not given a clear plan for tenant acquisition.

Secondly, the DAO governance model may suffer from slow decision-making and poor execution.

Finally, the project is still in its early stages, posing some uncertainty.

Takeaways:

An ETH and BSC-based decentralized home-sharing platform launched in June 2021.

1）Powered by former Airbnb and Travala.com director.

2）Supported by Kenetic Captial, Future Perfect Ventures, etc.

3）With Mcap~$45M & FDV~$180M.

1. Background

As one of the most famous homestays rental platforms in the world nowadays, Airbnb’s innovative model of home-sharing economy has enabled its homestays rental business to expand rapidly around the world in a short period of time, and its company market value was once close to $100 billion, making it a veritable giant in this industry. So in the web3, will it be reshaped or even disrupted by blockchain?

2. Introduction

The project we are analyzing today is Dtravel, which is a decentralized homestays rental platform, based on Ethereum and BNB chain, started in June 2021, officially launched in July 2021, with DAO governance adopted.

The token can be used for incentivizing hosts and tenants and vote on the direction of Dtravel through DAO governance. Thus ensuring that the long-term vision of the project is aligned with that of the Dtravel community, creating a competitive advantage against traditional businesses in the home-sharing economy.

According to the official information provided by the team, the platform already has 20000 destinations and 250000 vacation rentals in December 2021, with approximately 70% of tokens used for ecosystem development, with approximately 9% of tokens for directly incentivizing hosts and renters, allowing fiat and cryptocurrency payments for bookings, with both hosts and renters receiving up to25% token rebates upon order amount. The first 100000 registered hosts will be eligible to split $35 million worth of TRVL token rewards.

3. Team

Nigel, Head of Business Development and Partnerships, worked as Direction of Business Development at Publics, one of the world’s largest advertising and communications agencies, for over 2 years, then worked as Director of Client Services at Crimson for 2 years, then worked as Strategic Partner Manager, North American Sales Manager, and North American Regional Director at Airbnb for 7 years.

Cynthia, Head of Marketing, worked as Senior Associate Manager of Strategic Ventures at BCAA for 1 year, then as Head of Product Marketing and Market Development at GrowFlow for 1 year, and then as co-Founder of Airhosts Forum, the world’s #1 Airbnb host community, for 7 years.

Thai, Technical Director has over 15 years of technology development experience, worked as the founder of NKB Technology for nearly 2 years, then as co-founder and CTO of VNTRIP OTA for 7 years.

Head of Finance, Drew, CFA holder, worked as a Corporate Development Analyst at Christopher Guy, for 2 years, then as a Business Analyst at Christopher Guy, for 2 years, then as a Business Analyst at De Beers Group for 2 years, then as a Senior Analyst at Forte for 1.5 years, then as CFO at Travala.com for 3 years.

4. Roadmap

2022 Q1 Beginning of Early Bird Call

2022 Q2 Booking Platform V2

Beginning of Referrals

Mobile App

Beginning of Star Host Growth Action

Beginning of Star Guest Growth Action

5. Funding

In November 2021, raised $500K from IDO through Polkastarter and raised $860K from IEO through Gate.io, MEXC Global and Bybit; In June 2021, totally raised $5M from:

6.Tokenomics

Ticker:TRVL

Circulating supply: 250M

Total supply: 1B

Price: $0.18

Market cap: $45M

Fully diluted Valuation: $180M

Listed by: Gate.io, KuCoin, MEXC Global, PancakeSwap, Uniswap, etc.

7. Risks

Firstly, the success of the project depends heavily on the platform’s ability to acquire tenants, but the team has not given a clear plan for tenant acquisition.

Secondly, the DAO governance model may suffer from slow decision-making and poor execution.

Finally, the project is still in its early stages, posing some uncertainty.