Travala Launches Dtravel - A Blockchain Powered AirBnb!

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Binance backed Travala is a leading blockchain-based Hotel & Flight booking platform which was founded in 2017. More than 40 different cryptocurrencies are accepted to make purchases on their platform in addition to Credit or Debit cards. $AVA is the native crypto (BEP2/Binance Chain) of their platform. It is utilized to redeem loyalty rewards, refunds, and also as an investment by many. Check out the various different use cases of AVA coin:

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Apart from this, you can book a certain range of activities while you are traveling. It has grown quite a lot since its inception in terms of travel bookings and the range of travel products available to book online. According to their website, you can book over 3,000,000 travel products worldwide

On June 16th, 2021 Travala has launched a new platform called DTravel which is a blockchain-based alternative to Airbnb.

Decentralizing Homestay Booking With DAO

Travala's mission is to decentralize travel by creating the biggest blockchain-based Travel Agency in the world. In order to expand the range of their products, and providing the ownership of the platform in the hands of its users, Travala is creating a decentralized, peer-to-peer homestay renting network called DTravel

Upon validating both valuable synergies with the existing Travala.com platform and market demand for a decentralized home-sharing platform, Travala.com became part of a genesis team to help take the project from concept to reality, together with other former executives from Airbnb, Expedia, and other leading technology companies.
Source: https://blog.travala.com/airbnb-rival-supported-by-travala-com/

As per their press release, Travala's executives have tried to partner up with Airbnb regarding this concept. But due to failed negotiations, they have decided to create the platform on their own with external support.

TRVL Token

TRVL is an Ethereum (ERC-20) based governance token. Holders will share the ownership of the platform through governance rights. They will follow Decentralized Autonomous Organization (DAO) system for governance. $AVA Holders will get an airdrop of TRVL tokens. Further details on it are yet to be published. Some points to note:

  1. Dtravel is going to be a separate platform from Travala. Travala will integrate Dtravel as a new "Homes" tab for booking homestays.
  2. Anyone who has TRVL Tokens can participate in DAO Voting which will eventually shape up the platforms.
  3. First 100K users to sign up on Dtravel will have a chance to get a share from $35 Million worth of TRVL tokens.
  4. Dtravel has secured over $5M seed fundraising from various institutions and angel investors.
  5. Dtravel & Travala DeFi is coming soon

Read DTravel's Whitepaper: https://whitepaper.dtravel.com/

By giving governance rights to its users, DTravel becomes the first decentralized Home Sharing network. This will enable travelers to directly contact property owners and make the booking. Travala is becoming a Travel booking engine that provides its own listings and integrates with other platforms like DTravel.

What do you guys think? Will it become the next Airbnb? Please comment below with a YES or NO.




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Not financial advice. For infotainment purposes only.

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33 comments
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(Edited)

Travala's executives have tried to partner up with Airbnb regarding this concept. But due to failed negotiations, they have decided to create the platform on their own with external support.

Interesting!

Will it become the next Airbnb?

NO. At least not in the foreseeable future. The number of people wanting to spend crypto on such things is too tiny. I would imagine it would be the same with AVA too.

It might turn out to be one of those things that was before it's time and a newer version will be very successful in the future.

I just can't see there would be enough adoption yet.

Unless both platforms are taking Fiat too and then the challenges would be different. 😁

. . . Ha, ha, ha. I wrote that comment before reading the white paper. Now I'm going to change to YES. It could be successful. If it's done well. Cheaper fees could be a big draw. 😁

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I agree that it will take time to pull things off for a new platform like Dtravel. This looks like a wild idea when you think of it. But I think it can go a long way because of the strong team backing it. Just look at these crazy numbers. They are growing quickly:

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Value of AVA token has gone from $0.332 to $3.19. Almost 10x gain in the past one year. I think Dtravel is a nice little addition in Travala's suite to dominate the travel industry.

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Wow. Those are impressive numbers. It's actually been on my buy list but I haven't gotten around to it. Too many choices. #😁

!ENGAGE 20

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Exactly Gillian. I hold some of them and I got them for cheap. But then there are so many other things I am invested in. It's better to focus on a few you believe in long-term. The ones you are passionate about. Like Hive and Leo for me.

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I need to get a new exchange sorted out so I can buy some. I'm trying to move on from Coinbase Pro. It works well for me being, based in the UK, but I know there are cheaper options. However, every time bitcoin dips and I run out of fiat there I end up sending a little bit more over. 😂

I got set up on crypto.com which is also easy from the UK but, again, not the cheapest.

Anyway, I'll get it sorted eventually. Right now I'm focussed on getting my interest earning research done. 😊

!ENGAGE 20

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Ah. It sucks! It took me years to find a decent exchange that works well for me. All the best with your research G. Cheers! ✌️

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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I believe this will only work for people who have greater security in working with cryptography.

Joining to become something bigger than AirBnB only when most people in the world are working with cryptos or a currency that is "common" for people to use. Which in the end goes contrary to the original idea hahaha

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A lot of crypto hodlers have laptop lifestyle and they travel. Dtravel will introduce a nice alternative for home owners to rent their properties. Travel industry has been hit so bad due to covid and crypto economy is the best solution for them. For now it will co-exist with Airbnb.

Hodling and using travala is like using your Debit cards. You get better rewards & grow your investment more through their loyalty programs. I understand that the Travel industry is huge. So there is a lot of scope for growth and innovation.

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Now this is a sweet piece of news. I actually heard about it prior and I look forward to the airdrop.

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I don't think it can beat ABNB right now due to fiat being more dominant in society. As we shift to digital then maybe we can see the change in about a decade.

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Are AVA token holders holding AVA on Binance eligible for airdrop?

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I am not so sure about it. Maybe you can try checking this with them on Twitter or their telegram?

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Awesome news for Travala holders. This token seems to have lot of things planned out. The Defi launch will interesting.

About it becoming the next Airbnb, not yet but probably in the foreseeable future when mass adaption becomes a thing


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Such a shit time to be involved in travel due to Covid, but I love that Travala just continues to build.

Still a while off in my opinion, but they'll be fine long term.

Exciting.

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That's true. Covid was disastrous for Travel Industry.

I hope these solutions will benefit once this shit settles.

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That's interesting... I wish to be able to travel again soon so I can try that out

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Yeah man. Next week I am going to the mountains after 1.5 years. So excited!

Sadly I don't have any coins to spend. 😂 Everything's invested.

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Wow! Great news about this token! Thanks for sharing. Travala is in my opinion a project that has good potential.

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