Jeju Island to Launch NFT-Powered Visitor Cards to Boost Tourism
By Ruchi Sharma
As the NFT market is rebounding, interesting developments are taking place around the world.
Jeju Island is set to launch NFT-powered “visitors’ cards” in 2025 to attract younger travelers. The digital cards, named “Tao,” will offer millennial and Gen Z tourists discounts, travel subsidies, and perks at local attractions. The NFTs will be linked to Jeju’s stablecoin, Tamna Jeon, which was introduced in 2019 to support local businesses and the economy.
The Tao cards will be issued on an undisclosed blockchain, integrating with the island’s prepaid card system. This initiative aims to modernize Jeju’s tourism sector and encourage repeat visits. Tourists who hold Tao NFTs will enjoy exclusive benefits, making the island more appealing to the tech-savvy MZ generation.
As global interest in NFTs grows, Jeju Island’s move could pave the way for a new digital tourism experience, offering a modern twist on traditional travel incentives. Whether the initiative will capture the attention of younger tourists remains to be seen, but it sets the stage for innovative tourism in the region.
Pudgy Penguins’ PENGU token rallies 13% despite declining NFT sales
Pudgy Penguins’ native token, PENGU, has seen a notable surge, rising 13% on January 5, reaching $0.040—a 250% increase since its December launch. The token’s price spike has attracted attention, with blockchain analytics revealing a large holder withdrawing 84 million PENGU, worth $3.13 million, from Binance on January 4.
PENGU Price Soars as Pokémon Collaboration Rumors Take Off
Despite the price growth, Pudgy Penguins’ NFT sales have dropped 52% in the past week, according to CryptoSlam data. However, the project continues to capture public interest, largely through viral campaigns involving GIFs and stickers. The initiative recorded over 1.1 billion views for its digital content in early January.
PENGU Potential Collaboration With Pokémon Could Spark Its Price to $0.10
Rumors of a potential collaboration between Pudgy Penguins and Pokémon have further fueled excitement, pushing PENGU’s market cap to $2.57 billion. Should the partnership materialize, PENGU’s value could soar, with analysts speculating the token could hit $0.10 or more, marking a significant milestone for the meme coin.
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