Web3 travel platform Camino Network has listed its native token, CAM, on two prominent centralized exchanges, MEXC and Gate.io. As the first Layer 1 blockchain tailored for the $11 trillion travel industry, Camino Network introduces innovations like TravelFi, RWA tokenization, and NFT ticketing. The $CAM token already supports an ecosystem of over 200 brands, including major airlines, car rental companies, and tour operators.
On January 17th, CAM was listed on MEXC with a USDT trading pair, coinciding with its Gate.io listing. These tier-one exchange listings are set to enhance accessibility to CAM and Camino Network, improve liquidity, and increase awareness of Camino’s efforts to revolutionize the travel sector through Web3 technology.
The exchange debut follows successful seed and pre-sale funding rounds in Switzerland, raising $10 million for Camino’s infrastructure. With its mainnet live and more than 100 industry validators and 200 businesses active, Camino is poised for its next growth phase.
Thomas Stirnimann, Council President of the Camino Network Foundation, stated, “With validators and partners on nearly every continent before launch, Camino Network stands apart from other projects. Our next step is clear: driving continued growth to connect all travel on-chain.”
The CAM token, with a fixed supply of 1 billion, serves as a utility token within Camino’s ecosystem. It facilitates transactions, supports decentralized booking through Camino Messenger, and powers on-chain travel operations. Validators earn CAM rewards, while travelers benefit from exclusive offers and discounts by holding the token.
Camino Network addresses critical industry challenges such as high fees, slow settlements, and complex reconciliations. It simplifies connectivity by replacing thousands of APIs with a unified model, creating seamless travel experiences.
Matt Law of Outlier Ventures remarked, “Camino Network’s innovative approach is transformative, enhancing efficiency, security, and transparency in travel transactions. We are proud to have them in our portfolio and look forward to their continued impact on the industry.”
With major brands like Lufthansa Group and TUI already on board, Camino Network is reshaping the future of travel with Web3 technology.
