Camino Network, a blockchain platform for the travel industry, has joined Ascent, Outlier Ventures’ token launch program, as reported to Finbold on Tuesday, September 17.
This partnership aims to prepare Camino Network for the highly anticipated token launch later this year.
The Ascent Accelerator Program
Ascent is a global accelerator program designed to support later-stage projects addressing tokenization challenges.
As part of the program, Camino Network will gain access to the resources needed to ensure a successful Web3 token launch.
The partnership brings Outlier Ventures’ expertise to Camino Network, focusing on critical areas such as token strategy, technology development and market growth.
Outlier Ventures selects just a handful of promising companies each year, and its partnership with Camino Network reflects its potential as a leading travel technology innovator.
The launch of the CAM token
With its robust decentralized ecosystem, Camino Network is positioned to become the leader in travel industry infrastructure.
Although the original token, CAM, has yet to be launched, Camino Network has already recorded more than 200,000 transactions, with more than 200 brands and startups using the platform.
There are currently more than 40 use cases in development, highlighting the growing interest in Camino’s innovative travel solutions.
Thomas Stirnimann, Board Chairman of the Camino Network Foundation, expressed his excitement about the future of the project, saying:
“With strong support from global travel leaders, Camino Network is poised to transform the travel industry. The web3 travel ecosystem will accelerate the integration of advanced Web3 technologies to build a more efficient, interoperable and future-proof travel industry. With Outlier Ventures at our side, we are perfectly prepared to scale globally and lead the mass adoption of Web3 in the travel industry.”
Matt Law, Chief Commercial Officer at Outlier Ventures, echoed his colleague’s sentiment, saying:
“As the first blockchain platform dedicated to the travel sector, Outlier Ventures sees tremendous opportunity with Camino Network to improve processes and create innovative travel products that will benefit the industry and customers worldwide. Through our Ascent token launch program, we are excited to support Camino Network in its mission to transform the travel industry for all stakeholders. This partnership aligns with our commitment to supporting leading Web3 companies tackling real-world challenges and expanding the reach of blockchain to global industries such as travel.”
As Camino Network moves forward with its token launch, its partnership with Outlier Ventures marks a new phase of growth, aiming to bring the benefits of blockchain to the travel industry on a global scale.