🪙Tokenomics

Trav3l Coin ($TRAV3L) serves as the native utility token of the Trav3l Coin platform, facilitating seamless transactions, rewarding user engagement, and powering the decentralized ecosystem for travel booking and payment. Here's an overview of the tokenomics behind Trav3l Coin:

Token Distribution:

• Platform Reserves: 40% of the total token supply is allocated to platform reserves, which will be used to fund ongoing development, marketing initiatives, strategic partnerships, and community incentives to drive platform growth and adoption.

• Community Rewards: 25% of the total token supply is dedicated to community rewards, including incentives for users who contribute to the platform through activities such as writing reviews, sharing experiences, and referring friends. These rewards encourage active participation and engagement within the Trav3l Coin community.

• Team and Advisors: 20% of the total token supply is reserved for the founding team, core developers, and advisors who have played a key role in the development and success of the Trav3l Coin project. These tokens serve as a form of compensation and incentive for their contributions to the platform.

• Partnership Expansion: 15% of the total token supply is allocated to partnership expansion, enabling Trav3l Coin to forge strategic partnerships with leading travel service providers, airlines, hotels, and tour operators to expand the range of travel services available on the platform and enhance the overall user experience.

Token Utility:

• Payment Method: Trav3l Coin tokens serve as the primary means of payment within the Trav3l Coin ecosystem, allowing users to book flights, accommodations, tours, and activities directly through the platform using TRC tokens. This provides travelers with a fast, secure, and cost-effective way to transact while enjoying the benefits of decentralization and blockchain technology.

• Rewards and Incentives: Users can earn Trav3l Coin tokens through various activities, such as writing reviews, sharing experiences, and referring friends. These tokens can be redeemed for discounts, upgrades, or even free trips, providing travelers with additional value and incentives to engage with the platform.

• Governance Participation: Token holders may also have the opportunity to participate in platform governance decisions, such as voting on proposed upgrades, new feature implementations, and strategic partnerships. This ensures that the Trav3l Coin community has a voice in shaping the future direction of the platform.

In summary, Trav3l Coin tokens play a crucial role in powering the decentralized ecosystem for travel booking and payment, offering users a seamless and rewarding experience while driving growth and innovation within the travel industry.

Details:

• Token Price: 1 ETH = 100,000 TRAV3L

• Accepted Cryptocurrencies: ETH (Base)

Note: The above tokenomics outline is subject to change based on market conditions, regulatory requirements, and community feedback. Adjustments may be made to ensure the long-term viability and success of Trav3l Coin and its native token, $TRAV3L.