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South Korean city of Jeju to issue NFT cards for tourists

South Korean city of Jeju to issue NFT cards for tourists

HappyCoinNewsHappyCoinNews2025/01/07 08:11
By:HappyCoinNews

According to local media, officials in the South Korean city of Jeju are planning to launch production NFT - cards for tourists that will allow them to visit its attractions.

According to journalists, Korean tourists who have obtained the so-called digital resident tourist card will be able to use various benefits. Launch NFT - cards are scheduled for the second half of 2025.

With the new solution, authorities plan to encourage millennials and Generation Z to visit the island and increase the number of return visits.

Jeju plans to provide tourism subsidies, memberships and discounts on tourist destinations to Korean tourists who have obtained a digital resident card. The funds are expected to be paid in local currency. Officials hope this will have an economic revitalization effect.

In March 2024, city officials held a series of meetings to explore how blockchain and non-fungible tokens ( NFT ) can help the island's economy. During the meetings, the issue of using NFT in the tourism industry, in particular for museums, restaurants and for the fishing industry.

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