Backstage: Revolutionizing the Travel Industry with Hospitality 3.0.

BKSBackstage Official
5 min readDec 27, 2022

The use of cryptocurrency in the travel and hospitality industry is on the rise, with more and more businesses adopting it as a means of payment. This trend offers numerous benefits for both businesses and customers, allowing for seamless and affordable global transactions, as well as new and innovative ways of funding and engaging with customers.

In this article, we will explore the potential of crypto and blockchain technology in the travel and hospitality industry, and how it is transforming the way businesses and customers interact.

Old Industry — New Rules

In today’s fast-paced world, consumers are looking for convenience and simplicity when it comes to their travel and hospitality experiences. They want to be able to book and pay for all their needs and expectations within a single purchase, without having to worry about the hassle and cost of multiple transactions.

This is where the use of cryptocurrency in the travel and hospitality industry can make a huge difference. By accepting crypto payments, businesses can offer their customers a door-to-door service that covers all their needs and expectations within a single purchase. This allows customers to pay for flights, hotels, rental cars, and other services with a single crypto payment, making their travel experience more seamless and affordable.

In addition, the use of crypto in the travel and hospitality industry also offers numerous benefits for businesses. With crypto, businesses can accept payments from customers located anywhere in the world, without having to worry about costly transaction fees or exchange rate fluctuations. This makes it easier for businesses to expand their reach and serve a global customer base, boosting their revenue and profitability.

Furthermore, the use of blockchain technology in the travel and hospitality industry allows businesses to connect with their customers in more intimate and engaging ways. For example, they can use non-fungible tokens (NFTs) to offer unique experiences and virtual items to their customers, or hold metaverse events and token sales to raise funds and build a loyal community of customers.

At the same time, customers also benefit from the ability to pay in crypto when they book their travel and hospitality experiences. With crypto, they can make payments quickly and easily, without having to worry about the hassle and cost of traditional payment methods. They can also take advantage of the security and privacy offered by crypto, as well as the potential for price appreciation if the value of the crypto they use increases.

Backstage at the Forefront of Hospitality 3.0.

The use of non-fungible tokens (NFTs) in the travel and hospitality industry is growing, with more and more businesses using this technology to offer unique and engaging experiences to their customers. One company that is leading the way in this space is Backstage, which offers a platform that allows businesses to offer lifetime packages to their customers using NFT technology.

With Backstage’s platform, businesses can create lifetime packages that include access to their services and experiences, such as flights, hotels, rental cars, and other travel-related services. These packages can be sold to customers as NFTs, allowing them to store the package in their Web3 wallet and access the services and experiences offered by the business anytime, anywhere.

The use of NFTs for lifetime packages offers numerous benefits for both businesses and customers.

For businesses, it allows them to offer their services and experiences in a new and exciting way, and generate revenue from repeat customers who are willing to pay for lifetime access to their services. At the same time, it allows them to build a loyal community of customers who wholeheartedly support the business and its success.

For customers, the ability to buy lifetime packages as NFTs offers convenience and flexibility. They can store the NFT in their Web3 wallet and access the services and experiences offered by the business anytime, without having to worry about expiration dates or restrictions. They can also hold the NFT as a collectible, potentially seeing an increase in demand for it if the business is successful.

In conclusion, the use of Backstage’s NFT technology for lifetime packages in the travel and hospitality industry offers numerous benefits for both businesses and customers. It allows businesses to offer their services and experiences in a new and exciting way, and generate revenue from repeat customers. At the same time, it allows customers to access the services and experiences offered by the business anytime, anywhere. Plus, each customer will get to own something unique for a lifetime.

With a Web3 wallet, customers can securely store their NFTs and access them anytime, anywhere. This allows them to easily access the services and experiences offered by the business, without having to worry about expiration dates or restrictions. That’s a convenience not offered by traditional technologies.

In addition to the convenience and flexibility offered by Web3 wallets, they also provide customers with enhanced security and privacy. Web3 wallets use blockchain technology to store and manage NFTs, providing customers with a secure and decentralized way to store their assets. This ensures that their NFTs are safe from hacks and other security threats, and that their personal information remains private.

Furthermore, the use of Web3 wallets for storing NFTs also allows customers to participate in the growing world of decentralized finance (DeFi). With DeFi, customers can use their NFTs as collateral to borrow funds, or earn interest on their NFTs by lending them out to others. This allows them to access a wide range of financial services and opportunities.

The ability for customers to buy lifetime packages as NFTs and store them in their Web3 wallet offers numerous benefits. It provides them with convenience and flexibility, enhanced security and privacy, and the ability to participate in the growing world of DeFi. By using Web3 wallets to store their NFTs, customers can access a wide range of services and experiences offered by businesses in the travel and hospitality industry, and potentially own a highly-sought after digital asset.

All of the mentioned benefits allow businesses and customers to connect in a more intimate, engaging way. Backstage is at the forefront of this exciting innovation in Web3 and crypto industry.

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