Jeju Island, South Korea’s largest island, is planning to launch digital vacationer playing cards linked to non-fungible tokens (NFTs).
In line with the Maeil Enterprise Newspaper’s submit on January 5, this initiative is ready for the latter half of 2025 and goals to enchantment to youthful vacationers, significantly millennials and Gen Z.
The playing cards will supply sensible advantages corresponding to journey subsidies and reductions at native points of interest, with hopes of accelerating repeat visits from these age teams.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
10 Greatest Crypto Scams & How one can Keep away from Them (ANIMATED)
Jeju’s enchantment lies in its climbing trails and luxurious resorts, which make it a high vacation spot for each home and worldwide guests.
Moreover, the island has a historical past of embracing modern know-how. As South Korea’s first self-governing province, it beforehand applied a blockchain-based contact tracing app in the course of the COVID-19 pandemic.
In the meantime, curiosity in digital property has been rising in South Korea. In November 2024, the variety of crypto customers within the nation rose by 610,000, reaching a complete of 15.6 million—roughly 30% of the inhabitants.
Jeju officers met in March 2024 to debate how blockchain and NFTs may gain advantage tourism and different sectors, corresponding to fishing and eating.
The upcoming NFT-linked vacationer playing cards are a results of these discussions, with a trial part deliberate earlier than the complete rollout.
In the meantime, Florida’s cruise line Virgin Voyages will debut its “Annual Cross” in September 2025. What’s particular about this go? Learn the complete story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Battle II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire greatest points and struggles that crypto fans face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for every part and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish freshmen.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market tendencies, and searching for the following supernova.
