TRVL Token Economics

LKK153
LKK153
Sep 2 · 2 min read

Dtravel Token Generation Event (TGE) and Distribution

As we get closer to our platform and the TRVL token launch, we’re excited to share information about the economics and distribution of the TRVL token with our community!

The TRVL token will be launched in Q4 2021 on the Ethereum Network (ERC-20) and will be launched on Binance Smart Chain (BEP-20) in the future. The total supply of TRVL will be 1 billion (1,000,000,000). TRVL will be distributed in the following manner:

Community Treasury: 25% TRVL

As per the token distribution, the Community Treasury retains 25% of the entire TRVL supply. This amount will vest over a period of 48 months.

The Community Treasury funds are allocated toward operational expenses and grants related to: the development and management of the Dtravel platform and associated services; governance participation; and funding the Grants DAO and Community DAO.

Community Growth Fund: 25% TRVL

As per the token distribution, the Community Growth Fund retains 25% of the entire TRVL supply. This amount will vest over a period of 60 months.

The Community Growth Fund is focused on growing the Dtravel ecosystem through growth initiatives such as rewarding referrals, early adopters and booking volume.

Foundation Reserve: 20% TRVL

The Foundation Reserve is established to foster the development of Dtravel’s platform and ecosystem through grants, acquisitions and other actions to benefit from value-adding opportunities.

Core Contributors and Advisors: 10.5% TRVL

Subject to 5-year lock-up with a 6-month vesting cliff, starting at the token generation event (TGE), vesting monthly in equal amounts afterwards.

Seed Sale: 10% TRVL

Subject to 1-year lock-up, 10% unlocked at TGE, vesting monthly in equal amounts afterwards.

Strategic Sale I: 7% TRVL

Subject to 1-year lock-up, 10% unlocked at TGE, vesting monthly in equal amounts afterwards.

Strategic Sale II: 2.5% TRVL

Subject to 1-year lock-up, 10% unlocked at TGE, vesting monthly in equal amounts afterwards.

Based on the vesting periods, the TRVL unlocking schedule is as follows.

For more information on Dtravel please see the Dtravel White Paper, DAO paper and upcoming posts on Medium.

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Dtravel Community

More travel, less fees. Welcome to the future of home sharing. Welcome to Dtravel.

Dtravel Community

Dtravel is a home sharing community that chooses to structure and govern itself as a decentralized autonomous organization (DAO). The Dtravel DAO economy is built around the TRVL token, and therefore all TRVL token holders are Dtravel community members.

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Dtravel Community

Dtravel is a home sharing community that chooses to structure and govern itself as a decentralized autonomous organization (DAO). The Dtravel DAO economy is built around the TRVL token, and therefore all TRVL token holders are Dtravel community members.