Camino Network, a leading Web3 travel ecosystem, has made its CAM token available on two major centralized exchanges: MEXC and Gate.io. This is a significant event in the world of travel and blockchain.
Listing on MEXC and Gate.io
CAM was listed on MEXC and Gate.io on January 17th, where it is available for trading paired with USDT. This expands access to CAM and Camino Network and increases the token's liquidity. The listing is part of an expansion strategy and is regarded as a critical milestone in Camino's development in utilizing Web3 technology in the travel industry.
Role of CAM in Camino Network
CAM is a utility token with a fixed supply of 1 billion, fulfilling numerous roles within Camino Network. It’s integrated into Camino Messenger—a decentralized booking protocol that allows major airlines like Lufthansa Group to share up-to-date schedules, availability, and prices with travel agencies and booking platforms in real time. CAM is utilized to execute transactions, perform on-chain travel operations, and participate in governance processes of the network.
Future of Camino Network
Camino Network positions itself as the first L1 protocol specifically designed for the travel industry, offering solutions for payment challenges, slow transaction processing, and complex reconciliations. The network is already processing real business transactions with hundreds of brands creating decentralized B2B and B2C travel products. Camino Network will continue to expand and impact technological transformations within the sector.
With the listing of CAM on MEXC and Gate.io, Camino Network takes another step towards transforming the travel industry using blockchain technology. The expanding ecosystem and growing partner base promise significant changes in the future.
