Global tourism reached approximately $1 trillion in value by the end of 2021.
To continue to thrive, however, property companies and tourism cities need a constant influx of new and repeat clients, and for that to happen, the hospitality industry desperately needs to keep up with the latest technological advances.
LynKey employs these latest advances to mitigate the major portion of challenges industry players face in meeting these objectives.
Most recently, LynKey, a Singapore-based developer of property tech and smart tourism, announced plans to tokenize on blockchain and provide more than $8 billion in Metaverse and NFT solutions for the travel and tourism industry.
A blockchain-powered smart property and tourism tech startup out of Singapore, Lynkey is building a token ecosystem and market using blockchain to tokenize more than $8 billion dollars at launch-time alone in property value throughout Vietnam, Australia, Singapore and elsewhere worldwide.
LynKey’s mission is to connect people worldwide with top-of-the-line digital property solutions like NFTs and Metaverse VR and AR to empower companies in the hospitality industry to create premium smart tourism experiences.
To that end, Lynkey is scaling property and tourism digitization to new heights, with such initiatives as digitizing luxury tourism properties, hotels and resorts throughout the world.
LynKey is a decentralized global platform empowering vacation and luxury resort property with modern digital tech for tourism utility and property rights to use. That tech now includes its own blockchain-based token, LYNK and the LYNK Wallet which leverages the cryptocurrency markets to allow investors to get in on the action.
It also includes an NFT marketplace, a secondary trading exchange and earnings incentive systems like staking.
Next, the platform aims to harness AI and Metaverse AR (Augmented Reality) and VR (Virtual Reality) for the benefit of the hospitality industry. Plans for the coming year also include offering DeFi staking, DeFi mortgages and margin trading.
TechCrunch founder Michael Arrington introduced the concept of real estate tokenization into public awareness in 2017 when he bought the first apartment on the Propy blockchain-backed real estate transaction platform. In 2021, he sold that Kiev apartment for 36 ETH.
Just some of the collaborative projects LynKey already has going with international tourism and property groups include Crystal Holidays Harbor in Van Don, Crystal Holidays Marina in Phu Yeh, Crystal Holidays Heritage Ly Son, Van Don Heritage Road Smart City and Xuan Dai Bay.
LynKey’s aims to tokenize every element of property development, from purchasing to leasing to land use and associated tourism entertainment into a global ecosystem powered by blockchain.
LynKey’s solutions improve processes around travel ticketing; travel VISAs; resort, events and tour experiences; hotel accommodations; dining establishments; and entertainment rewards systems.
To do so, it employs, creates and fosters smart tourism, smarter cities, the latest property tech, a token utility community marketplace ecosystem, like NFT-powered timeshares, and a global ecosystem community.
LynKey currently allows transactions in Bitcoin (BTH), Ethereum (ETH), Binance Coin (BNB, Binance USD (BUSD), US Dollar Tether (USDT) and US Dollar Coin (USDC). At its April 2022 public exchange listing, LynKey will have 250M tokens available, amounting to 25 percent of total supply.
Track pricing and stats of the LYNK token on the real-time cryptocurrency pricing chart.