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Ennea Capital Partners, Falkensteiner Ventures, Trips Community, Chain4Travel, and other key players in the travel sector have unveiled Tectris, a program set to nurture startups developing blockchain, cryptocurrency, and artificial intelligence (AI) technology to revolutionize the travel industry, according to the latest information shared with Finbold on June 10. Leading the charge in the quest for a Web3-oriented travel industry, Tectris will focus on advancements like tokenization, decentralized ownership, and automated trust protocols. Tectris is a remote program with a registration deadline of July 31, 2024. Semi-finals will be held in scenic Umbria, Italy, during the Web3 in Travel Conference on September 3–4, 2024, with the finals scheduled for Q4 2024 in Vienna, Austria. Picks for you Here's when Shiba Inu will hit 1 cent, acc...

This month Mastercard is launching an artist accelerator program for musicians with a catch - access to the program is only possible via an NFT member pass. Mastercard has been among legacy companies rooted in traditional finance (TradFi) to jump into the Web3 space. The company has been involved with a number of Web3 integrations in recent years.  Most recently on April 12, Mastercard announced its new artist accelerator program, however this time they added a Web3 twist. The program is nonfungible token (NFT)-gated, therefore is only accessible to holders of its Mastercard Music Pass NFT. According to the announcement, the NFT is a limited-edition and free until the end of the month to both music ians and fans. The program was created in collaboration with Polygon and offers free access to educational materials, unique AI tools and other experiences. Example of Mastercard Music Pass NFT. Source: Mastercard Raja Rajamannar, the chief marketing and communications officer of Mastercar...