As a seasoned crypto investor with roots deeply entrenched in the digital asset landscape since its inception, I can’t help but feel exhilarated by the recent partnership announcement between Camino Network and Fireblocks. Having witnessed the rise and fall of numerous blockchain projects, it’s refreshing to see one that not only has a clear use case but also boasts the backing of industry titans like TUI, Lufthansa, and Sixt.
Zug, Switzerland, September 30th, 2024, Chainwire
Camino Network, a travel industry infrastructure powered by blockchain technology, is thrilled to share that it’s now connected with Fireblocks – an enterprise platform for handling digital asset operations and constructing blockchain-based businesses. As a result of this integration, users on Camino Network will have the opportunity to link up and trade with over 2,000 liquidity partners, trading platforms, and counterparties available through the Fireblocks Network.
Camino Network is a blockchain system built for the travel industry, spearheaded by its key influencers. Already operational are numerous dApps, such as Sleap for hotel bookings, with more than 200 significant global travel companies like TUI, Lufthansa, and Sixt onboard. This network establishes a fresh digital framework for travel, challenging the monopolistic structures that have long governed the industry. By fostering innovation and competition, Camino Network aims to revolutionize the sector.
Fireblocks offers a secure platform for managing, holding, and distributing digital assets, having facilitated the transfer of more than $6 trillion in such assets. By utilizing Fireblocks, Camino Network will make the CAM token accessible to a wide variety of investors while providing travel industry firms the assurance to delve into the advantages of web3 technology. This partnership will also support significant steps on the Camino Network timeline, including exchange listings, post the successful completion of the public sale.
Thomas Stirnimann, President of Camino Network Council, stated: “Given the current expansion of our Camino Network ecosystem, it’s clear that there’s a rising need for a reliable custodial service for CAM token owners. By partnering with Fireblocks, we can connect to over 30 well-known crypto exchanges and trading partners through a single integration. Furthermore, the custody technology provided by Fireblocks is the most secure and robust digital asset management solution available in the market.
The native CAM token from Camino Network is about to debut soon, following a highly successful seed funding round and pre-sale that generated intense interest from travel industry players, amassing over 8.8 million Swiss francs (CHF). As it gears up for an exchange listing in Q4 2024, after an active institutional sale, CAM remains a captivating prospect, underscoring the pressing requirement for a top-tier custodial solution for early adopters.
In essence, Camino Token (CAM) serves as a pivotal element within our interconnected system. Being its own cryptocurrency, CAM is employed for a variety of purposes: it eases transactions, motivates validators by offering rewards, tackles business-to-business distribution hurdles, and enhances the usability of Web3 technologies for travel industry organizations through an economic structure tailored to their needs. Various partners within our ecosystem are providing incentives to CAM holders, such as discounts, loyalty programs, and even allowing payment for services using Camino Token itself.
Richard Astle, Fireblocks Network’s Vice President of Business Development, stated: “Utilizing the Fireblocks Network allows Camino Network’s users to effortlessly connect to a leading digital trading marketplace with approximately 2,000 institutional partners, thus enhancing the worldwide web3 travel network even more.
About Camino Network
The Camino Network represents a Layer 1 blockchain tailored for the global travel industry, managed by a collaborative group of key industry players. By redefining distribution models and addressing connectivity hurdles within the trillion-dollar travel market, Camino is revolutionizing the travel sector in the Web3 space. With over 200 participating brands, 100 validators, and more than $10 million in financial backing, Camino is shaping the future of digital travel solutions.
Disclaimer: This crypto-asset marketing communication has not been reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset marketing communication. NOTHING IN THIS CRYPTO-ASSET MARKETING COMMUNICATION CONSTITUTES A PROSPECTUS OF ANY KIND, AN INVESTMENT OR INVESTMENT ADVICE SOLICITATION, OR AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION”.
Contact
Avishay Litani
pr@marketacross.com
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2024-11-12 15:34