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– Established a close partnership as part of a UAE business mission to launch a global Web3.0 project
– The first incubating project, NEOPIN supports the web3 transition of web2 technology companies.
On April 6, NEOPIN, a global CeDeFi platform, announced a Memorandum of Understanding (MOU) with Tripbtoz to develop a Web 3.0-based travel platform.
Tripbtoz is a travel platform based on short video content created by users. In addition to simple travel commerce, Tripbtoz also offers features such as a “community” for sharing travel videos and a “reward system” in the form of “travel cash”. These features have created a positive travel cycle that has led to rapid growth in gross revenue, monthly active users (MAU) and user-generated content since the platform launched in 2017. After in-depth discussions, NEOPIN and Tripbtoz established a connection as an official of a business delegation accompanying the Korean government to the economic summit held with the United Arab Emirates (UAE) in January last year, and decided to cooperate on a Web3.0 project in the Middle East.
This collaboration between NEOPIN and Tripbtoz is particularly significant as it is the first incubation project of NEOPIN to support web2 technology companies in their web3 transition. NEOPIN will help Tripbtoz’s existing travel platform into a Web 3.0 version, showcasing the “Travel Web3.0” ecosystem for young travelers to communicate. Through this MoU with Tripbtoz, which is the first use case to apply Web3.0 to tourism natural economy, NEOPIN intends to maximize its resources to support Tripbtoz’s global success.
NEOPIN CEO Jake Kim said that NEOPIN participated in the incubation and supported Tripbtoz’s Web3.0 translation, and we hope to use the experience of the two companies in the blockchain and travel industry to turn the service into a successful Web3.0 travel platform. He also emphasized , the responsibility for this cooperation is greater, due to the contact of the business delegation, we will do our best to ensure high performance.
Jiha Jung, CEO of Tripbtoz, said: “The travel industry is in a period of great transformation, where the line between the real world and the virtual world is blurring. We wanted to create Tripbtoz, a high-performance ‘travel and earn money’ service perfectly suited for Web 3.0 to arouse the interest of its customers.” He also added, “The combination of tourism and future technologies will disrupt the existing ecosystem and eventually create a new form of industry.”
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