{"id":17918,"date":"2021-06-16T18:16:02","date_gmt":"2021-06-16T13:16:02","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=75171"},"modified":"2021-06-16T18:16:02","modified_gmt":"2021-06-16T13:16:02","slug":"introducing-dtravel-a-blockchain-based-airbnb-rival","status":"publish","type":"post","link":"https:\/\/myanmarnewsgazette.com\/introducing-dtravel-a-blockchain-based-airbnb-rival\/","title":{"rendered":"Introducing Dtravel, a Blockchain-based Airbnb Rival"},"content":{"rendered":"<h4 align=\"center\">Dtravel addresses the sharing economy\u2019s trust problem, giving hosts and guests more control, ownership, and lower fees than existing platforms.<\/h4>\n<p align=\"left\">SYDNEY, Australia, June 16, 2021 (GLOBE NEWSWIRE) &#8212; Former executives from Airbnb, Expedia, and other global technology companies have joined forces with Binance-backed\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pTl3Hkwjjo_dbR4pTsRe5Mp8QdTd5lzxGlpXv2jhKeDVfBdxnuaU6hgHU-RgNowa1hpltqQvh_D0e5arbfgvgA==\"  rel=\"nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3DpTl3Hkwjjo_dbR4pTsRe5Mp8QdTd5lzxGlpXv2jhKeDVfBdxnuaU6hgHU-RgNowa1hpltqQvh_D0e5arbfgvgA%3D%3D&amp;source=gmail&amp;ust=1623935343715000&amp;usg=AFQjCNEnikWMQp3K7vKWZCQ3s-tDVX5z4w\"><u>Travala.com<\/u><\/a>\u00a0to launch Dtravel, a decentralized platform for the home-sharing economy facilitating short and long-term stays payable with cryptocurrency and traditional payment methods.<\/p>\n<p>Dtravel is backed by a $5M seed fundraising round from Kenetic Capital, Future Perfect Ventures, DHVC, Plutus VC, GBV Capital, AU21 Capital, Shima Capital, LD Capital and NGC Ventures, as well as several angel investors.<\/p>\n<p>Governed entirely by its community via the Dtravel Decentralized Autonomous Organization (DAO) and leveraging decentralized finance (DeFi) blockchain technology to facilitate smart contracts, Dtravel repairs the broken relationship between hosts and guests created by existing centralized home-sharing platforms to deliver the world\u2019s first true sharing economy.<\/p>\n<p>Dtravel is powered by its native token TRVL \u2014 coming soon to Binance Smart Chain and the Ethereum Network \u2014 which is held by all hosts and can be used for booking stays, staking to qualify for rewards, participating in platform governance, and more.<\/p>\n<p>The first 100,000 hosts to\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tzeb3Mevuen2XFf5n9fs5g-7L67aLcMX9ZiUI-ZKNSX2EPm1Jyg3-t9O3JxQ1X5-AhnvvdNgzI3h3469JIlwuQ==\"  rel=\"nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3Dtzeb3Mevuen2XFf5n9fs5g-7L67aLcMX9ZiUI-ZKNSX2EPm1Jyg3-t9O3JxQ1X5-AhnvvdNgzI3h3469JIlwuQ%3D%3D&amp;source=gmail&amp;ust=1623935343715000&amp;usg=AFQjCNEj-2pwzT5s90PkVVYEDkTUU3GzEw\"><u>register<\/u><\/a>\u00a0are eligible to receive over $35 million worth of TRVL tokens.<\/p>\n<p>\u201cTraditional home sharing platforms are aligned with their users in the early stages, but over time this changes. With the need to return profits to shareholders, home-sharing platforms are forced to extract as much as possible from transactions on their platforms,\u201d said Juan Otero, co-founder and CEO of Travala.com. \u201cDtravel meets the needs of the home-sharing community first and forever. It\u2019s easy-to-use, highly secure, and optimized for the next generation of hosts and guests looking to take back control of their travel experience.\u201d<\/p>\n<p><strong>The Problem: Too Much Control in the Hands of Too Few<\/strong><br \/>\nOver the past decade, a limited number of corporations have risen to dominate the home-sharing economy. Though this structure has led to dramatic growth of the home-sharing economy, it has done so at a cost, including:<\/p>\n<ul type=\"disc\">\n<li><em>High fees<\/em>\u00a0&#8211; existing players charge fees up to 20% of the total booking cost<\/li>\n<li><em>Centralized and controlled communications<\/em>\u00a0&#8211; loss of direct host-guest relationships<\/li>\n<li><em>Transactional processes, not relationships<\/em>\u00a0&#8211; a shift from encouraging high-value, peer-to-peer relationships to transactional ones<\/li>\n<li><em>Lower levels of trust<\/em>\u00a0&#8211; trust between hosts and guests, as well as towards the platforms themselves, has been eroded<\/li>\n<li><em>Payment options<\/em>\u00a0&#8211; existing players don\u2019t accept payment in cryptocurrencies<\/li>\n<\/ul>\n<p><strong>The Dtravel Solution: Community-governed, Peer-to-peer, DeFi Native<\/strong><br \/>\nDtravel aims to replace the broken relationship between centralized home-sharing corporations and their hosts and guests by putting ownership, control, and decision making back into the hands of users through blockchain technology. In doing so, Dtravel can:<\/p>\n<ul type=\"disc\">\n<li><em>Reduce fees<\/em>\u00a0&#8211; instead of fees as high as 20%, fees on Dtravel are only 7.5%<\/li>\n<li><em>Give a voice back to the community<\/em>\u00a0&#8211; the Dtravel DAO enables hosts and guests to directly influence the direction, operations and governance of Dtravel<\/li>\n<li><em>Expand payment options<\/em>\u00a0&#8211; enable various cryptocurrencies, including Bitcoin, to be used for payments that lower the cost of transacting compared to traditional payment methods<\/li>\n<li><em>Align interests<\/em>\u00a0&#8211; instead of being forced into an extraction imperative common with centralized platforms, use a token to align economic interests of users<\/li>\n<li><em>Provide peace of mind<\/em>\u00a0&#8211; Dtravel will have a Protection Pool which offers Hosts up to $1,000,000 in property protection<\/li>\n<li><em>Create additional revenue streams<\/em>\u00a0&#8211; users can earn additional revenue by referring hosts and guests, as well as by participating in user support, community forums and troubleshooting<\/li>\n<\/ul>\n<p>\u201cSharing economies are authentic and sustainable only when they are governed and controlled by stakeholders, and the home-sharing ecosystem has been broken for years under outsized control from centralized corporations. It\u2019s time for a community-owned and community-governed replacement,\u201d said\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yTNWrxYGFnLwlNBcTai0D9-ii4l8yDbQ5HitSDlWitH3XD_xlII1hVndAFWgqSpyFuTF7DwvrSi77peFMmc7wDRkamu4HwMBpvKjMLK73p9HPbuJdy5gIOorRY8w8tbW\"  rel=\"nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3DyTNWrxYGFnLwlNBcTai0D9-ii4l8yDbQ5HitSDlWitH3XD_xlII1hVndAFWgqSpyFuTF7DwvrSi77peFMmc7wDRkamu4HwMBpvKjMLK73p9HPbuJdy5gIOorRY8w8tbW&amp;source=gmail&amp;ust=1623935343715000&amp;usg=AFQjCNE7Aa0w84q-Cln85ZSBjeCTgJlo8Q\"><u>Jalak Jobanputra<\/u><\/a>, Founding Partner of\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rUG386ZkEfWqnfbVEelDZy7Q0d-2QUqsFIw7-KjoFqq0FVZmTeg2cpcGeTqjJ1WA3ohAttiRGck6zSdyvht49JyEh7L2fpVK6SDvhFxHQ-lxHTeBwE8ArJ3dE31VjNpT\"  rel=\"nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3DrUG386ZkEfWqnfbVEelDZy7Q0d-2QUqsFIw7-KjoFqq0FVZmTeg2cpcGeTqjJ1WA3ohAttiRGck6zSdyvht49JyEh7L2fpVK6SDvhFxHQ-lxHTeBwE8ArJ3dE31VjNpT&amp;source=gmail&amp;ust=1623935343715000&amp;usg=AFQjCNFkAt0pvhks81BsQD02mxy-F-7slQ\"><u>Future\/Perfect Ventures<\/u><\/a>.<\/p>\n<p>\u201cWith travel starting to rebound and a record level of interest in blockchain technologies like cryptocurrencies, Dtravel gives eager people what has been missing to date: control and ownership over their own travel experiences. By allowing guests and hosts full participation in their experiences and in the economy they are creating, Dtravel fulfills the true mission of sharing economies.\u201d<\/p>\n<p>For more information and to become a host please visit:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mTf6SZmPOhBD5lpou_ij3WJShxfI51bzDnTuwfqPNrrcji-EX2K-eZG53GEb-acFV-BZNwADdvbPmkxAepHtIw==\"  rel=\"nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3DmTf6SZmPOhBD5lpou_ij3WJShxfI51bzDnTuwfqPNrrcji-EX2K-eZG53GEb-acFV-BZNwADdvbPmkxAepHtIw%3D%3D&amp;source=gmail&amp;ust=1623935343715000&amp;usg=AFQjCNFIJUDPQVsv6ZdxnyEezXimNUfRrQ\"><u>Dtravel.com<\/u><\/a><\/p>\n<p><strong>About Dtravel<\/strong><br \/>\nDtravel replaces the broken home-sharing economy with a decentralized network that diverts control away from corporations and back into the hands of hosts and guests. Dtravel is built on decentralized finance (DeFi) blockchain technology, owned and governed by its community through the Dtravel Decentralized Autonomous Organization (DAO) and powered by the network\u2019s native token TRVL, bringing more transparency and significantly lower fees to the short- and long-term home rental market.<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NCspLnyuGyKynEIo_6ZxX5lqJ_a2O1Hf-am14qU0CurRTewhwxyBs35KuyrnRaTe3hHQbmBD8c8H-sLG7EGwXw==\"  rel=\"nofollow\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.globenewswire.com\/Tracker?data%3DNCspLnyuGyKynEIo_6ZxX5lqJ_a2O1Hf-am14qU0CurRTewhwxyBs35KuyrnRaTe3hHQbmBD8c8H-sLG7EGwXw%3D%3D&amp;source=gmail&amp;ust=1623935343715000&amp;usg=AFQjCNFd5kzPa1h7rUuV-cLoLtD_ynMY_w\">Joe@serotonin.io<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dtravel addresses the sharing economy\u2019s trust problem, giving hosts and guests more control, ownership, and lower fees than existing platforms. SYDNEY, Australia, June 16, 2021 (GLOBE NEWSWIRE) \u2014 Former executives from Airbnb, Expedia, and other global technology companies have joined forces with Binance-backed\u00a0Travala.com\u00a0to launch Dtravel, a decentralized platform for the home-sharing economy facilitating short and [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Introducing Dtravel, a Blockchain-based Airbnb Rival - Myanmar News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/myanmarnewsgazette.com\/introducing-dtravel-a-blockchain-based-airbnb-rival\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Introducing Dtravel, a Blockchain-based Airbnb Rival - Myanmar News Gazette\" \/>\n<meta property=\"og:description\" content=\"Dtravel addresses the sharing economy\u2019s trust problem, giving hosts and guests more control, ownership, and lower fees than existing platforms. 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