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The Defiant 2025-01-07 20:24:04

South Korea’s Jeju Island Uses NFTs to Attract Young Tourists

South Korea’s Jeju Island is issuing NFT-based tourism cards that aim to attract young tourists to visit and return repeatedly, South Korean news agency Yonhap reported on Jan. 6. The Digital Tourist Resident Cards will entitle Korean visitors to discounts and “travel support funds” issued in the island’s local currency to keep spending at home. The island’s tourism authority hopes to issue 100,000 digital cards in time for the Chuseok holiday in September. The cards are targeted at Gen Z and Millennial tourists, and come with access to a platform where visitors can upload and share photos and videos of their visits. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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