Champions Group announced its entry into WEB 3.0 with the acceptance of Crypto currencies for all the tourism-based businesses. It also announced the launch of NFTs from Champions Yacht Club & Champions Ranch along with its Champions Accelerator “CHAMP Coin” at the Arabian Travel Market in Dubai World Trade Center.
“WEB 3 based on Blockchain Technology will transform and revolutionize the Lifestyle, Entertainment, Travel & Tourism (LETT) industries and the Tech ecosystem soon. We are investing in WEB 3.0 initiatives focussed on Fintech, Travel Tech, MarTech and Data-Driven Marketing ecosystems with over a $100 Million investment into these start-ups in the coming year” said Mr. Subhakar Rao Surapaneni, Chairman of Champions Group.
“WEB 3 based Blockchain Technology and Cryptocurrency payment systems will boost the Travel & Tourism infrastructure and services-based industry. It will increase employment opportunities with the efficient use of accurate data, to ensure travel and entertainment is simple, seamless, and cost-effective for all masses with improved security” said Ms. Hema Malini, MD of Champions Tourism & Champions Yacht Club.