Dtravel Secures Strategic Funding from EV3 to Propel the Future of Peer-to-Peer Vacation Rentals
We're proud to announce yet another strategic funding round backed by renowned DePIN specialists, Escape Velocity Crypto (EV3).
Dtravel, the blockchain-powered platform redefining vacation rentals through decentralized technology, is proud to announce its latest strategic funding round, backed by Escape Velocity Crypto (EV3). This marks another milestone in our journey toward building a peer-to-peer vacation rental ecosystem, in addition to support from Modular Capital and Borderless Capital.
Pioneering the DePIN Ecosystem
EV3, renowned for championing Decentralized Physical Infrastructure Networks (DePIN), is putting their support behind Dtravel to further its mission of creating an innovative alternative to centralized vacation rental marketplaces. This partnership underscores a shared vision for a future where sovereign networks empower global communities.
EV3 builds public goods for the DePIN ecosystem, including a global event series (https://www.depinsummit.xyz/) and onchain analytics platform (https://depin.ninja/), and has invested in leading DePINs such as Andrena (DAWN Internet), Daylight Energy, and Palette Labs (Nosh Delivery).
“The vacation rental industry is approaching $100 billion in global annual sales, with long-term tailwinds from younger generations increasingly opting for unique experiences over material items,” said Sal Gala, Founder at EV3. “Platforms like AirBnB and VRBO treat hosts like suppliers. On the other hand, open, blockchain-based protocols like Dtravel treat hosts like owners and first-class citizens in the ecosystem.”
Escape Velocity’s expertise in DePIN and its proven track record of supporting visionary projects make this partnership a significant milestone for Dtravel.
"This collaboration reflects a deep alignment in values and a shared commitment to creating a truly decentralized peer-to-peer vacation rental network," said Cynthia Huang, CEO of Dtravel. "EV3’s backing further validates the success we’ve had driving innovation in short-term rentals through the application of blockchain technology and DePIN fundamentals."
A Vision for Growth
With EV3’s strategic investment, Dtravel is poised to enter its next growth phase. The platform will focus on expanding its global inventory of blockchain-powered vacation rentals and enhancing the guest and host experience. These efforts aim to make decentralized travel accessible, rewarding, and trusted.
About Escape Velocity Crypto (EV3)
Escape Velocity Crypto (EV3) was founded in 2022 by institutionally trained investors with a shared belief in the inevitability of sovereign infrastructure networks. EV3 is backed by leading investors including CMT Digital, Castle Island Ventures, Ribbit Capital, Chris Dixon & Marc Andreessen, Multicoin Capital and others.
About Dtravel
Dtravel is a peer-to-peer vacation rental platform eliminating centralized control and excessive fees through it's Decentralized Physical Infrastructure Network (DePIN). Its token model drives growth and rewards participants who engage in peer-to-peer short-term rental bookings. The Dtravel ecosystem is powered by the Nite Protocol, an open-source, on-chain data standard that tokenizes bookings into Real World Assets (RWAs) on the Base blockchain, creating a public database for anyone to access and build upon.