Cryptocurrency

<ul>
 <li>A South Korean island to launch NFT-powered visitor cards to boost local tourism.</li>
 <li>Visitors can link the cards to their NFTs and get discounts and travel subsidiaries.</li>
 <li>With this move, Jeju Island aims to boost local tourism among the young generation.</li>
</ul>
In a bid to boost its local glory, Jeju Island in South Korea has proposed a unique idea to leverage tourism in its vicinity. To attract the younger and tech-savvy tourists, the island has proposed to issue a ‘tourist resident card’, that can be linked to the users’ non-fungible tokens (NFTs) for discounts and travel subsidiaries.
The project is integrated with the local stablecoin, Tamna Jeon, and will be referred to as ‘Tao’. These cards are said to be rolled out in the latter half of 2025, focusing especially on the MZ generation (millennials and Zoomers) to boost the rate of return visits. Earlier in 2019, the stablecoin was used to enhance the local economy and many residents used rechargeable prepaid cards, with the incentives being offered for both merchants and customers. <a href="https://cryptotale.org/south-korean-island-to-issue-nft-powered-cards-for-tourists/" rel="noopener noreferrer nofollow">Read More on Crypotale </a>
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South Korean Island to Issue NFT-Powered Cards for Tourists

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Other articles published on Jan 6, 2025

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