According to BlockBeats, Chameleon Travel, the first direct booking platform for island vacation homes, has seen a significant increase in the value of its NFTs. On June 18, the floor price of Chameleon Travel NFTs was reported to be 1.5 ETH, marking a single-day increase of 66.85%. This surge in value may be influenced by the internal testing information of the Chameleon Travel platform.
Chameleon Travel is characterized by its on-chain DID identity function. It is fully open to the Web3.0 industry and prioritizes well-known NFT and token projects. As long as one possesses digital assets that can be pledged on-chain, they can obtain credit services from Chameleon and travel freely around the world. The first phase of internal testing for the Chameleon Travel Club platform began on June 16.
The platform's unique approach to integrating blockchain technology into the travel industry, particularly through the use of NFTs, may be a contributing factor to the recent increase in the value of its NFTs. However, it is important to note that the market for NFTs can be highly volatile, and prices can fluctuate rapidly.