TRVL TRVL Price $ 0.0595

Being a decentralized autonomous organization, or DAO, Dtravel is community owned and governed by platform users like hosts, guests and community members. Anyone holding the TRVL token is a member of the Dtravel community that represents home-sharing marketplace. There are many benefits to a community-controlled structure, including: lower fees for both hosts and guests, more payment options such as crypto, fiat or credit, community votes on initiatives etc.

Transaction fees on Dtravel are set at 7.5%, which are held in a community-governed treasury and used to grow the ecosystem. This means it costs less for guests to book stays and hosts retain more earnings for accommodating guests.

Hosts are better able to communicate directly with their guests and have the opportunity to earn additional revenue by participating in certain platform operations, such as customer service.

TRVL token is a utility token for community that provides such benefits as payments for stays, rewards for every booking, voting of platform initiatives and VIP memberships and partner service.

Hosts can earn rewards, guests can book stays, participate in the loyalty program and get discounts with TRVL, and all community members can earn TRVL for participating in platform operations.

The Premium Member NFTs have been implemented according to the ERC721 Standard and will be deployed on the Ethereum blockchain as well.