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Dtravel, offering P2P vacation rentals in Crypto, Raise Two Undisclosed Strategic Rounds from Modular Capital and Escape Velocity

Writer's picture: Jean DJean D
Dtravel

December 11, 2024


Dtravel, a decentralized platform revolutionizing the vacation rental industry, has secured backing from Modular Capital to further enhance its peer-to-peer network of vacation rental operators. The strategic funding follows previous support from Borderless Capital and underscores Dtravel's commitment to decentralizing the travel sector using blockchain technology. The company’s growth continues as it pushes to disrupt traditional vacation rental models by bypassing intermediaries and offering more control to property owners and travelers alike.


With a current network of 9,000 hosts across 110 countries, Dtravel is experiencing significant expansion, with a 4.5x year-over-year growth in bookings and a 3.5x increase in listings. The platform’s decentralized nature is built on the Nite Protocol, an open-source, on-chain data standard that tokenizes bookings into Real World Assets (RWAs) on the Base blockchain. This infrastructure supports transparency, efficiency, and innovation in a market previously dominated by centralized entities. Modular Capital’s support reinforces Dtravel's mission to provide a permissionless and decentralized data marketplace, allowing any business to access and leverage the platform.


The partnership is poised to accelerate Dtravel’s growth in 2025, with plans to expand its blockchain-powered vacation rental marketplace. Dtravel’s goal is to further enhance its platform and create an even more robust ecosystem for both its global user base and TRVL token holders. The company aims to make decentralized travel more accessible while offering travelers and hosts a transparent, community-driven experience that eliminates high fees and centralized control.


About Dtravel

Dtravel is a decentralized vacation rental platform operating as a Decentralized Physical Infrastructure Network (DePIN). Using blockchain technology and the Nite Protocol, it facilitates peer-to-peer short-term rental bookings and rewards participants through its token model. By tokenizing bookings into Real World Assets (RWAs) on the Base blockchain, Dtravel creates a transparent public database that drives innovation in the industry.


X: @DtravelDAO


About Investors

Modular Capital

Modular Capital is a crypto investment firm specializing in early-stage venture capital and liquid tokens. With a thesis-driven approach, the firm provides strategic support, research, and market insights, helping portfolio companies with go-to-market strategies, tokenomics, and liquidity.

Location: New York, New York Website: https://www.modularcapital.xyz/

Escape Velocity

Escape Velocity is a venture capital firm focused on early-stage investments in crypto and blockchain. The firm partners closely with portfolio companies, offering strategic guidance, operational support, and fundraising assistance to help drive innovation and growth in decentralized technologies.


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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