$ 0.07499 USD
$ 0.07499 USD
$ 7.916 million USD
$ 7.916m USD
$ 120,026 USD
$ 120,026 USD
$ 1.452 million USD
$ 1.452m USD
418.119 million TRVL
Issue Time
2021-11-27
Platform pertained to
--
Current coin price
$0.07499USD
Market Cap
$7.916mUSD
Volume of Transaction
24h
$120,026USD
Circulating supply
418.119mTRVL
Volume of Transaction
7d
$1.452mUSD
Change
24h
+323.05%
Number of Markets
39
Current Rate0
0.00USD
3H
+295.89%
1D
+323.05%
1W
+235.54%
1M
+100.99%
1Y
+45.69%
All
-89.98%
Aspect | Information |
Short Name | TRVL |
Full Name | Dtravel |
Main Founders | Cynthia Huang |
Support Exchanges | KuCoin, Gate, Bybit, MEXC, Uniswap, Pancake |
Storage Wallets | Desktop, Mobile, Online, Hardware, Paper Wallets |
Customer Support | Email: support@dtravel.com; Social Media: Discord, Telegram, Twitter, Facebook, Youtube, LinkedIn |
TRVL(Dtravel) is a form of cryptocurrency that primarily focuses on the travel and tourism industry. It operates on a peer-to-peer network, like many forms of digital currency. As a decentralized form of currency, its management does not lie in the hands of any regulatory authority or government, but lies with the users of the coin. The core principle behind TRVL is to provide a universal currency for travelers, and facilitate easier transactions between different parties involved in the travel process. This can include anything from paying for flights and accommodations, to buying services or goods at the destination. As with all cryptocurrencies, the value of TRVL is subject to market influences and may fluctuate. The technology backing TRVL promotes transparency and security by keeping a public ledger of all transactions known as the blockchain. The user's identity is encrypted and one person can hold multiple addresses. These addresses are generated privately by user's wallets. TRVL also offers the potential for growth and maturity, as the travel sector continues to evolve with the integration of new technologies. To obtain more information, you can visit their website: https://www.dtravel.com and try to log in or register to use more services.
Pros | Cons |
Focus on the travel and tourism industry | Value subject to market influences |
Potential for growth with the evolving travel sector | Dependent on acceptance by travel businesses |
Decentralized - not controlled by a regulatory authority | Requires digital literacy for usage |
Blockchain technology ensures transparency | Investment risks associated with cryptocurrencies |
Over the coming decades,TRVL's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.002998 and $0.5749.In 2040, our forcast suggests TRVL could reach a peak price of $4.80,with a potential minimum around $0.001425.Looking ahead to 2050, technical analysis indicates that TRVL's price could range from $3.50 to $6.01,with an estimated average trading price of about $3.50.
Community Ownership and Governance:
Dtravel Direct is owned and governed by its community of users. This means that decisions about the platform's operation, development, and future direction are made collectively by its users, giving them a direct stake in its success.
Incentivized Ecosystem:
Short-term rental operators using Dtravel Direct are rewarded with a 3% giveback in TRVL, the platform's native token, for every completed booking. This incentivizes users to participate in the ecosystem actively and contribute to its growth. TRVL can be utilized in various ways, making it a valuable incentive.
Multi-Utility Token (TRVL):
TRVL is more than just a cryptocurrency; it serves multiple purposes within the Dtravel ecosystem. It can be used as a payment option, a reward for performance, a community currency for transactions within the platform, and a governance token for decision-making. This versatility enhances its value and utility.
Unlocking Features and Products:
Holding TRVL tokens unlocks new products and features within the Dtravel ecosystem. This encourages users to acquire and hold TRVL, creating a stronger connection between the platform's growth and the value of the token.
Decentralized and Trustless Nature:
Built on blockchain technology, Dtravel Direct benefits from decentralization, which reduces the need for intermediaries, enhances transparency, and minimizes the risk of fraud. Users can transact directly and securely with one another.
Empowering Short-term Rental Operators:
Dtravel Direct is specifically designed to empower short-term rental operators by providing them with a platform for direct bookings. This allows hosts to have more control over their listings and potentially reduce fees associated with third-party platforms.
Alignment with the Sharing Economy:
Dtravel Direct aligns with the principles of the sharing economy, where users can interact directly with one another, fostering a sense of community and trust. This differs from traditional booking platforms where intermediaries play a larger role.
Transparent and Inclusive Decision-Making:
The community-based governance model ensures that decisions about the platform's rules, features, and improvements are made transparently and inclusively. Users have a say in how the platform evolves.
TRVL, or Travel Coin, operates on the basis of a peer-to-peer network, a common working mode for various types of cryptocurrency. In this decentralized model, transaction and verification processes are conducted without the intervention of any central authority, such as a government or bank. Instead, individuals within the network, often referred to as “nodes,” validate the transactions.
The core principle behind TRVL is to facilitate transactions within the travel industry by offering a universal digital currency to travelers. The idea is to simplify the transaction process for services such as flights, accommodations, and local goods in different countries, which traditionally could involve multiple currencies and forms of payment.
At the heart of TRVL's operations is blockchain technology. Blockchain is a type of digital ledger that records cryptocurrency transactions across a network of computers. It promotes transparency by publicly displaying all transactions, though the users involved in these transactions remain anonymous. Each transaction is locked into a 'block' and chained together with other transactions, forming a 'blockchain'. This system increases security and reduces fraud risk by making it virtually impossible to alter transaction data once it's been recorded in a blockchain.
However, like other cryptocurrencies, the actual use of TRVL requires the use of digital wallets to store and manage coins. These wallets generate private addresses for transactions. Also, the value of every TRVL coin is not fixed and is subject to market trends and investor sentiments.
In essence, while TRVL shares basic working modes and principles with other digital currencies, its specific focus on the travel industry distinguishes it.
KuCoin:
KuCoin is a global cryptocurrency exchange that offers a wide range of cryptocurrencies, including TRVL (TravelNote). You can create an account, deposit funds, and trade TRVL against various other cryptocurrencies like BTC and ETH.
Uniswap v2:
Uniswap is a decentralized exchange (DEX) running on the Ethereum blockchain. You can trade TRVL through Uniswap v2 by connecting your Ethereum wallet, like MetaMask, and exchanging it for other ERC-20 tokens or Ether (ETH).
PancakeSwap:
PancakeSwap is a decentralized exchange (DEX) on the Binance Smart Chain (BSC). You can trade TRVL on PancakeSwap by connecting your BSC-compatible wallet, such as Trust Wallet or Metamask, and swapping TRVL for other BSC-based tokens or BNB.
Gate.io:
Gate.io is a cryptocurrency exchange that offers various trading pairs, including TRVL. You can create an account on Gate.io, deposit funds, and trade TRVL against other cryptocurrencies.
Bybit:
Bybit is primarily a derivatives exchange, and it might not offer TRVL for spot trading. It is more focused on cryptocurrency futures and derivatives trading.
MEXC:
MEXC is a cryptocurrency exchange that offers a variety of trading pairs, including TRVL. You can create an account on MEXC, deposit funds, and trade TRVL against other cryptocurrencies.
1. Desktop Wallets: These are installed on a personal computer, offering complete control over the wallet to the user. They can be safer than online wallets, but they can still be compromised if the computer is hacked or infected by malware.
2. Mobile Wallets: Similar to desktop wallets, but designed to run as an app on a smartphone. Mobile wallets often have the added advantage of being portable and can be used in physical stores.
3. Online Wallets: These wallets run on a cloud and are accessible from any computing device in any location. While they are more convenient to access, online wallets store your private keys online and are controlled by a third party, making them more vulnerable to hacking attacks and theft.
4. Hardware Wallets: These store a user's private keys on a hardware device like a USB. Hardware wallets make transactions online, but they are stored offline which delivers increased security.
5. Paper Wallets: These are easy to use and provide a very high level of security. A paper wallet is simply a physical copy or printout of your public and private keys. It is completely immune to hacking attacks, malware, and is not dependent on potentially risky software.
Potential buyers of TRVL could include:
1. Frequent Travelers: Given TRVL's focus on the travel and tourism industry, frequent travelers who wish to streamline their transactions during their journeys might find it useful. A digital currency specific to travel could simplify transactions across borders and minimize issues related to exchange rates or the necessity to carry multiple types of physical currency.
2. Cryptocurrency Investors: Investors intrigued by the potential growth of a sector-specific coin might be interested in TRVL. As the travel and hospitality sector is a large global industry, some investors may see potential in a cryptocurrency designed to optimize transactions in this specific field.
3. Technology and Blockchain Enthusiasts: As with any cryptocurrency, individuals interested in digital currency technology and the blockchain could consider purchasing TRVL. The technology backing TRVL - involving encryption technology, the blockchain, and the principles of decentralization - may appeal to tech enthusiasts and those who support the concept of cryptocurrencies more generally.
Here are some additional points to consider before purchasing TRVL:
1. Research: Do thorough research not just on TRVL, but also on cryptocurrency as a whole. Understand how it works, the technology behind it, and its potential risks and benefits.
2. Risk Assessment: Consider your financial situation and risk tolerance. Only invest money you can afford to lose, as the market can be highly volatile.
3. Diversification: Do not put all your eggs in one basket. It's always a good idea to diversify your investments to manage risk.
4. Legal and Regulatory Requirements: Check the legal and regulatory requirements related to cryptocurrency in your country before investing.
5. Professional Guidance: For first-time investors, it might be wise to seek the counsel of financial advisors or experienced investors in the field of cryptocurrency before making any investment decisions.
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