If you have reservations about taking reservations with cryptocurrency, then this article is not for you.
Dtravel promises to give hosts the option to have a book direct short-term rental website that accepts fiat (government-backed currency) as well as crypto.
Their website celebrates the fact that they got their first reservation in crypto was accepted in July of 2022.
Like all crypto-related questions is blockchain the future or a passing fad? No one can tell for sure but it sure is trying to cater to future Web3 technology.
They were nominated for the Skift IDEA Awards 2022 for the ‘Companies on the rise” category. Their goal is to become an alternative to Airbnb where hosts get more control over the revenue without the need to pay payment processing fees as well as the opportunity to earn their TRVL token for each booking they accept.
They claim to build trust between hosts and guests and give a voice back to the community. I don’t think you need a Peer to Peer currency to build trust or give a voice back tot hte community.
There is no way to dispute a crypto transaction once it is paid to the host, unlike a credit card charge that has built-in measures in case a booking is canceled and the payment is not refunded.
Like all things crypto, time will tell if there is any use of Dtravel in the future.
They do show their timeline for 2023 and that is definitely a good sign that they know where they are headed and what they want to accomplish in the coming year. Time will tell if there is enough demand and interest to support a Web3-based booking site.
What are your thoughts?