We have already looked at diverse cryptocurrency use cases and activities that are being introduced to the world. Well, there is one, we haven’t mentioned yet - crypto tourism. So, let’s have a look at its meaning.
As we know, for the last few years, cryptocurrencies have seen huge adoption. Different digital assets entered into various sectors and industries. One of those sectors is the travel industry. Of course, with the Covid pandemic, there came a seizure on tourism and travel. Fortunately, the pandemic has started to fade and with that came the resumption in the industry. Besides that, this is an industry, quite open to innovative ideas and looking to adopt new ways to be more efficient. As you can guess, crypto dealing is one of the ways for the industry to be more efficient.
What is crypto tourism?
We can say that crypto tourism is a new way of tourism committed to a travel pattern catering to cryptocurrency enthusiasts.
Anyone, familiar with cryptocurrencies, knows that they are extremely volatile. Despite that, there is a huge amount of people investing in digital assets and embracing their use, and more and more travelers want to use cryptocurrencies to pay for their trips.
The beginning of crypto tourism came when some travel companies started to arrange their programs for crypto investors and enthusiasts. Luxurious cruises, for example, offered some incredible services to cryptocurrency users.
To give it an exact definition, we can say that crypto tourism is a form of tour service, rendered to cryptocurrency holders and includes organized travel tours that can be paid with crypto to offer some kind of courses about digital currencies, as a part of the trip.
It is hardly a surprise that the target audience of those trips are crypto-rich users. Of course, anyone interested in cryptocurrency can go on such a trip, as long as he can afford it. The most used cryptocurrency is Bitcoin, and it can be used to pay for hotels, meals, airline tickets, etc.
Those kinds of trips include not only the usual fun, but also conferences, exhibitions, lectures and other crypto-related events.
Advantages and disadvantages of crypto tourism
As anything else, crypto tourism has its advantages and disadvantages.
Although it is still a small, not well-developed industry, crypto tourism seems to have a great future ahead of it. It offers tourists a brand-new way to pay for their holidays. Not only this, but it makes provision for learning opportunities in crypto trends and investments. With this comes the chance to meet experts in the industry, which is a great opportunity for any crypto enthusiast.
One of the biggest disadvantages of crypto tourism comes from the irregularities in the cryptocurrency market, as crypto can be used as a means of promotion to pitch less valued offerings. Furthermore, it operates as a small market, as there are not so many people using cryptocurrency on a daily basis.
Examples
An example for a crypto tour is the one created by Coins bank blockchain in 2017. It was an entertaining and educative cruise in which participants from 19 countries. At the cruise were discussed crypto and blockchain issues and possibilities. It featured presentations from industry leaders.
In New Zealand, a similar activity was also offered, where tourists could pay with cryptocurrencies for their holiday activities.
Conclusion
Crypto tourism aims to provide platforms for cryptocurrency investors and to connect people with crypto offerings. Those programs contribute to the creation of networks and providing new investment opportunities.
Fortunately, today countries are opening their borders again and tourism starts to resume, which will lead to cryptocurrencies becoming more accepted in the future.
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