non-fungible tokens
Are NFT Hotel Room Packages the Future?
Steve Lapekas | December 14, 2022
By Steve Lapekas Hotels and guests are already banking on initiatives that tap into the growing experience economy and Web3 If, at one point, you’ve found yourself muttering the words, “what in the world is an NFT?” Well, you aren’t alone. While the modern world has set an undeniable precedent for digital adoption and savviness in the face of frequent innovation, the introduction of the metaverse and, around the same time, the popularization of cryptocurrency and NFTs left some of us feeling perplexed. Seemingly overnight, NFTs (short for non-fungible tokens) became the talk of the town, with individuals scrambling to get a...
Ten Hotel Possibilities for the Metaverse
Larry and Adam Mogelonsky | August 10, 2022
By Larry and Adam Mogelonsky Now that the current ‘crypto winter’ is weeding out all the cryptocurrency Ponzi schemes with no real applications or utility, it’s time to put on your futurist cap and ponder some actual use cases for what this coming technology will offer to hotels. For background on blockchain, cryptocurrencies, non-fungible tokens (NFTs), web3 and all the basics related to how those work, there are lots of great resources out there, and explaining it all would make this article way too long for a casual read. On that note, here are ten possibilities to consider. 1. An Extension of the Experience Economy. We’re b...
