TRVL (Dtravel)

<p>We’re excited to announce the release of the <a href="https://www.dtravel.com/operators/dtravel-direct/litepaper" rel="noopener noreferrer nofollow">Dtravel Direct Litepaper</a> and cast light on a revolutionary new product that aims to redefine the short-term rental (STR) industry. This litepaper provides comprehensive insights into the challenges currently facing the STR industry and introduces a unique, decentralized solution that aims to empower STR operators and enhance the booking experience for guests.</p><p>Read the full Dtravel Direct Litepaper <a href="https://www.dtravel.com/operators/dtravel-direct/litepaper" rel="noopener noreferrer nofollow">here</a>.</p><h2 id="header-0">Introducing Dtravel</h2><p>Dtravel is a community-owned travel ecosystem on a mission to create a rewarding travel experience for everyone through direct connections and on-chain products that empower ownership. As a whole, the Dtravel ecosystem is focused on accelerating the global adoption of direct bookings, while solving for trust, reputation, connectivity and distribution in travel.</p><p>Its foundation, the Dtravel Protocol, establishes a single source of truth for data across the travel industry, eliminating the need for expensive and duplicative API builds and maintenance. <a href="https://www.dtravel.com/operators/dtravel-direct" rel="noopener noreferrer nofollow">Dtravel Direct</a>, the focal point of the litepaper, forms a core part of this ecosystem, providing the necessary infrastructure for STR operators to break away from intermediaries and build their own brands. At the same time, Dtravel Meridian, a composable NFT travel profile, allows travelers to take ownership of their travel histories, reputations, and data.</p><p>Dtravel is also pioneering the transition to a fully decentralized, community-owned travel ecosystem through the development of a sustainable decentralized autonomous organization (DAO). This innovative structure aims to empower community members to create proposals and subDAOs, thereby enabling a self-governing ecosystem.</p><h2 id="header-1">Tackling the STR Industry Challenges</h2><p>The rise of online travel agencies (OTAs) brought unprecedented convenience and standardization to the STR booking process. However, this convenience came at a steep price. High OTA fees have increased costs for guests and reduced profitability for operators, turning a personalized experience into a commoditized one.</p><p>The current system is marked by problems of cost, control, and trust, with STR operators often feeling undermined by the OTAs that have disproportionate control over terms and conditions. These issues have been further magnified by the COVID-19 pandemic, creating an environment ripe for change.</p><p>Moreover, STR operators face significant hurdles in competing with OTAs’ expansive marketing budgets, forcing them to either accept OTA terms or build their own brand amidst fierce competition. To solve these issues, we need to empower STR operators with sophisticated tools and resources, enabling them to create optimized booking experiences, foster trust with guests, and compete effectively against OTAs.</p><h2 id="header-2">The Rise of Direct Bookings</h2><p>As the solution to these challenges, the litepaper introduces <a href="https://www.dtravel.com/operators/dtravel-direct" rel="noopener noreferrer nofollow">Dtravel Direct</a>, a product designed to catalyze the global adoption of direct bookings - bookings made peer-to-peer, without the need for third-party intermediaries. The direct booking trend has seen a staggering &#43;900% increase in the past five years, indicating a growing desire among operators to establish their own brands and businesses.</p><p>Dtravel Direct leverages blockchain-native infrastructure, enabling STR operators to reduce dependence on OTAs and build their own brand through a modern, easy-to-use booking site powered by smart contract technology. Dtravel Direct acts as the backbone that powers direct booking sites, offering operators three usage options: to create a premium direct booking website, to power an existing website, or to form direct booking communities.</p><h2 id="header-3">Empowering the Ownership Economy with TRVL Token</h2><p>The entire Dtravel ecosystem is powered by the TRVL, Dtravel’s native utility and governance token. TRVL embodies the principles of the ownership economy, which contrasts with the traditional web2 platforms that extract value from users. Instead, the TRVL token, a cross-platform ERC-20 and BEP-20 token, is designed to create value for its holders.</p><p>TRVL plays four major roles in Dtravel Direct - as a means of payment, rewards, room-night tokens, and governance.</p><h2 id="header-4">What’s Next?</h2><p>The Dtravel Direct litepaper heralds a new era in the STR industry, envisioning a future where operators have greater control, guests experience enhanced convenience, and both parties benefit from lower costs. As Dtravel evolves, more utility will emerge from the ecosystem, driving the shift towards a more balanced, decentralized STR industry.</p><p>We invite everyone interested in joining the Dtravel community to <a href="https://www.dtravel.com/operators/dtravel-direct/litepaper" rel="noopener noreferrer nofollow">read the litepaper and learn more about Dtravel Direct</a>. Together, we can shape the future of the travel industry.</p><h2 id="header-5"><strong>Join the Community</strong></h2><p><a href="https://www.dtravel.com/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/DtravelDAO" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.linkedin.com/company/dtraveldao" rel="noopener noreferrer nofollow">LinkedIn</a> | <a href="https://t.me/dtravelcommunity" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://discord.com/invite/dtravel" rel="noopener noreferrer nofollow">Discord</a></p>

Introducing the Dtravel Direct Litepaper: Rewarding Travel Begins with Direct Connections

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