Thank you for your support in building and growing the Camino ecosystem in 2024. This update will provide an overview of where the network stands today and what lies ahead.
Network Transactions and Wallet Addresses: 20 months after the launch of the Camino Mainnet, the network surpassed 315,000+ transactions in December, a significant achievement. Additionally, the ecosystem counts over 45,000+ wallet addresses, highlighting the increasing adoption and engagement across the network.
Camino Messenger Success: The Camino Messenger alpha version is live on the mainnet, enabling seamless B2B data exchange for global travel product distribution. With 14 message types for the standardization of travel products, it continues to expand its capabilities. By standardizing the way of exchanging information, like bookings and payments, companies worldwide can work at reducing integration and operational costs. The Lufthansa Group and several other of our 200+ partnering companies are looking at the Camino Messenger as a new distribution channel.
Engaged Builders and Validators: The network boasts over 50 active builders from leading brands such as MTS, Lufthansa, or Finmont, creating cutting-edge B2B and B2C travel products. The validator community has grown to 100+ validators (60% online) and 200+ supporters, reflecting increasing decentralization and network robustness.
Hackathons and Grant Programs: Central to our strategy, in-person events, conferences, and hackathons continue to drive collaboration and accelerate innovation. Camino Partners hosted three successful hackathons and one business-focused community event this year, yielding impressive results—new builders, innovative applications, and out-of-the-box ideas for the travel industry. Supported by grants and mentoring, these initiatives have significantly contributed to the tangible growth of the Camino ecosystem.
Monerium Integration: The partnership with Monerium introduces regulated Euro stablecoins to Camino Network, unlocking new business use cases by bringing payment on-chain.
Fireblocks Integration: Fireblocks integrated Camino in September, enabling secure digital asset management and access to over 2,000 institutional liquidity partners. This enterprise-grade infrastructure enhances travel transactions' security, efficiency, and scalability.
Outlier Ventures Partnership: We are proud to have partnered with Outlier Ventures as a strategic collaborator. This partnership solidifies our position in the web3 space and will enhance Camino's visibility, adoption, and utility as we enter 2025 with renewed momentum.
In 2025, we anticipate a significant leap forward in adoption. Our current focus is on:
Scaling Industry Adoption: The flagship dApp, Camino Messenger, shall lead the charge, connecting businesses across the travel ecosystem and showcasing the benefits of blockchain, which include efficiency gains, cost savings, and improved transparency. With 68 active projects ranging from insurance products to hotel rooms and airline seats and support from major players like the Lufthansa Group, Camino is setting a new standard in travel distribution and sourcing.
Supporting the launch of new dApps and Use Cases: Supporting builders delivering innovative solutions built on Camino to address specific industry pain points.
Expanding Partnerships: Collaborating with global players to bridge the gap between traditional travel and web3 technology. Additionally, engaging with governmental organizations and initiatives, aiming to position travel amidst the evolving landscape of digital payments and identity.
CAM in 2025: Improving the reach and accessibility of CAM remains a strategic focus for 2025. Several Centralized Exchanges have shown interest in listing CAM. Due to broader market conditions, including industry-wide backlogs at exchanges, those processes are a work in progress. Stay tuned for further updates communicated via our social media channels.
2025 promises to bring more travel into web3 and more web3 into travel as we continue to lead the industry toward a decentralized, more efficient future.
Merry Christmas and a Happy New Year from Switzerland!
