
{"id":33759,"date":"2025-01-07T05:15:51","date_gmt":"2025-01-07T05:15:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=33759"},"modified":"2025-01-07T05:15:51","modified_gmt":"2025-01-07T05:15:51","slug":"south-koreas-jeju-island-to-launch-nft-powered-tourism-cards-by-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=33759","title":{"rendered":"South Korea\u2019s Jeju Island to Launch NFT-Powered Tourism Cards by 2025"},"content":{"rendered":"<p>Jeju Island, South Korea\u2019s most famous tourist destination, is embracing blockchain technology to transform its tourism sector.<\/p>\n<p>Starting in the second half of 2025, the self-governing province plans to roll out NFT-based digital visitor cards, offering discounts, travel subsidies, and special membership perks at popular attractions.<\/p>\n<h2>NFT Visitor Cards<\/h2>\n<p><a href=\"https:\/\/www.mk.co.kr\/en\/society\/11210061\" target=\"_blank\" rel=\"noopener\">Reports<\/a> from local outlets indicate that the initiative targets Millennials and Generation Z travelers in a bid to boost the island\u2019s tourism industry by providing a tech-driven experience.<\/p>\n<p>The NFT cards will leverage blockchain technology to store visitor data, such as travel history, photos, and videos, on a secure and tamper-proof platform. While details about the blockchain platform and card pricing are not yet available, a trial phase will precede the full rollout to test the program\u2019s viability.<\/p>\n<p>This initiative builds on Jeju Island\u2019s history of exploring blockchain technology. For instance, back in 2019, the island launched a government-backed research project to position itself as a global blockchain hub. Subsequent projects included a COVID-19 contact tracing <a href=\"https:\/\/www.globenewswire.com\/news-release\/2020\/08\/19\/2080612\/0\/en\/South-Korea-s-Jeju-Island-Selects-ICONLOOP-Blockchain-Technology-for-Private-Secure-COVID-19-Contact-Tracing.html\" target=\"_blank\" rel=\"noopener\">app<\/a> in 2021 and an energy usage tracking <a href=\"https:\/\/content.iospress.com\/download\/journal-of-smart-cities-and-society\/scs210120?id=journal-of-smart-cities-and-society%2Fscs210120\" target=\"_blank\" rel=\"noopener\">platform<\/a> in 2022, both powered by blockchain.<\/p>\n<h2>South Korea\u2019s Web 3 Focus<\/h2>\n<p>The move also aligns with South Korea\u2019s broader focus on Web 3 and digital innovation. South Korea first started exploring NFTs in 2021 to examine the integration of this sector into its tax system. The following year, NFTs were <a href=\"https:\/\/cryptopotato.com\/south-korean-presidential-candidate-to-raise-funds-through-nfts-report\/\" target=\"_blank\" rel=\"noopener\">used<\/a> to raise funds for presidential campaigns in Seoul.<\/p>\n<p>More recently, the country\u2019s financial watchdog, the Financial Services Commission (FSC), issued <a href=\"https:\/\/www.news1.kr\/finance\/financial-policy\/5442047\" target=\"_blank\" rel=\"noopener\">guidelines<\/a> on NFTs wherein it outlined cases in which these tokens should be considered crypto assets.<\/p>\n<p>In addition, South Korea has committed significant resources to the metaverse. It had previously <a href=\"https:\/\/cryptopotato.com\/south-korea-plans-a-187-million-national-metaverse-effort\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> plans to invest more than $187 million to foster job creation and technological growth.<\/p>\n<p>Last month, South Korea\u2019s trading volume saw a massive <a href=\"https:\/\/cryptopotato.com\/south-koreas-crypto-trading-volume-hits-record-34b-amid-martial-law-controversy\/\" target=\"_blank\" rel=\"noopener\">spike<\/a> amid political tension. As a result, the country <a href=\"https:\/\/cryptopotato.com\/south-korea-experiences-dramatic-rise-in-crypto-adoption-610k-new-investors-in-nov\/\" target=\"_blank\" rel=\"noopener\">experienced<\/a> a dramatic surge in crypto adoption. By the end of 2024, the country\u2019s crypto user base had exceeded 15.5 million.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/south-koreas-jeju-island-to-launch-nft-powered-tourism-cards-by-2025\/\">South Korea\u2019s Jeju Island to Launch NFT-Powered Tourism Cards by 2025<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Jeju Island, South Korea\u2019s most famous tourist destination, is embracing blockchain technology to transform its tourism sector. Starting in the second half of 2025, the self-governing province plans to roll out NFT-based digital visitor cards, offering discounts, travel subsidies, and special membership perks at popular attractions. NFT Visitor Cards Reports from local outlets indicate that [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":33760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33759"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33759"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/33760"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}