# Project Research: Dtravel By [不确定性守恒](https://paragraph.com/@uniswapv6) · 2022-06-21 --- 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: Plutus VC, ZBS Capital, Shima Capital, NGG Ventures, AU21 Capital, LD Capital, Future\\Perfect Ventures, Genesis Block Ventures, Kinetic Capital, DHVC 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. --- *Originally published on [不确定性守恒](https://paragraph.com/@uniswapv6/project-research-dtravel)*