With the crypto bubble finally popping after a long-term deleveraging, many of us who were skeptical to begin with are silently smirking while evangelists are crafting their retractions. But much like how the dotcom bust didn’t eliminate email or the web browser, blockchain or web3 is still immensely useful, and hotel early adopters will still inevitably benefit from planning out how they hope to use such things as DAOs (decentralized autonomous organizations), DeFi (decentralized finance or NFTs (nonfungible tokens) to save costs and build new merchandizing opportunities.
Definitely Not a Priority (Right Now)
Let’s mix metaphors: The shiny new toy will forever be shiny but that doesn’t mean it’s the best tool in the shed for the job. Right now, why worry about digitally twinning your hotel in the metaverse when you can count the number of households with good VR headsets on one hand?
Your IT team is probably swamped with the travel recovery, with blockchain setup falling behind...
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