Token Allocation
At the Token Generation Event (TGE) in Q4 2021, the TRVL token will be launched on the Ethereum blockchain as an ERC-20 token.
The maximum total supply will be 1 billion TRVL (1,000,000,000 TRVL).
The supply is initially allocated as shown in the following chart.
The sale rounds were led by institutional investors and were fully subscribed, with no single investor owning more than US$1.1 million worth of TRVL. The funds raised will assist with the initial development, set up and operation of Dtravel's booking platform, DAO, and support services.
Category
Allocation
Vesting Schedule
Community Treasury
25.0%
Vesting over 5 years, 20% at the TGE and then monthly in equal amounts.
Growth Fund
25.0%
Vesting over 4 years, 10% at the TGE and then monthly in equal amounts.
Foundation Reserve
20.0%
Vesting over 3 years, 20% at the TGE and then monthly in equal amounts.
Core Contributors & Advisors
10.5%
Vesting over 5 years from the TGE, starting 6 months after the TGE and then monthly in equal amounts.
Seed Sale
10.0%
Vesting over 1 year, 10% at the TGE and then monthly in equal amounts.
Strategic Sale I
7.0%
Vesting over a period of 1 year, 10% at the TGE and then monthly in equal amounts.
Strategic Sale II
2.5%
Vesting over a period of 1 year, 10% at the TGE and then monthly in equal amounts.
The vesting schedule above entails the following circulating supply over time:
Last modified 5mo ago
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