A key factor that differentiates Dtravel from other sharing economy organizations is that Dtravel operates as a Decentralized Autonomous Organization (DAO). With membership in a DAO represented through blockchain-based tokens, it is possible to have more engaged and loyal community members who contribute long-term value to a DAO because of well structured token economics.
One example of well structured token economics is the blockchain-based game Axie Infinity, which have captured widespread attention due to hyper growth of users and token value resulting from their unique Play-to-Earn system. Although there are several Play-to-Earn games, what they usually have in common is that they give gamers full control over their in-game assets and reward their value-adding participation to games through tokens. The impact of Play-to-Earn has led some to say it has changed the business of gaming.
While games were arguably the first to usher in this style of participant-led token economics, they won’t be the last industry vertical to do so.
With the TRVL token, Dtravel will encourage community participation in a new world for home sharing. This means, at last, we will have a sharing economy where hosts, guests and other community members all play for the same team. We are calling this concept Support-to-Earn and hope it will have a lasting impact on contributor-led communities and ecosystems today and for years to come.
Support-to-Earn will position Dtravel at the forefront of innovation by allowing contributors to trade their time, expertise and loyalty for real value tokens. In doing so, Dtravel will be the world’s first true multi-dimensional sharing economy - not only because the token is designed to be shared with community members, but because members can share their contributions with the home sharing community as a whole.
By letting the range of tasks to which community members can contribute be wide and open for extension, Dtravel envisions that Support-to-Earn will be a major factor in the creation of a multidimensional home sharing economy.
Non-exhaustive examples of range of tasks and their complexity levels
Initially Dtravel will keep the majority of support-related tasks within the core team before passing more and more responsibility to community contributors. As Dtravel progresses in its journey of progressive decentralization, tasks of increasing complexity will be made available to community members. There will be status levels for contributors: Apprentice; Certified; Pro; Elite; Master. And a contributor's status will depend on their commitment, expertise and loyalty. The extent to which community members can contribute under the Support-to-Earn model will depend on their statutes, with tasks of greater complexity or criticality requiring higher status levels.
The amount a contributor can earn in tokens from Support-to-Earn tasks will depend on the task's type and complexity. The Dtravel DAO will decide the amount of tokens that can be earned from different tasks. Eventually the amount of tokens earned per task could become dynamic, adjusting automatically to supply and demand. For example, if a task is failing to attract community interest, the potential for token earnings increases over time to incentivize users to support. Also, users could be allowed to provide extra tokens as a form of bounty or tip for those who perform the tasks.
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