Korea’s Jeju Island Turns to NFTs to Revitalize Tourism and Farming
Jeju Island, an autonomous region situated off the coast of South Korea, is eyeing the adoption of NFTs to rejuvenate its local economy, seeking growth in tourism, agriculture, and the fishing industry. The Governor of Jeju Province, Oh Young-hoon, declared at a recent technology forum, “This year, we are gradually making preparations to focus on digital transformation. The core of all this is Web3. We can apply Web3, including the use of NFTs, to all areas of the government. This will be a step forward.”
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