For crypto explorers looking for something more ‘tangible’, there’s great news. A hotel in the heart of Catalonia now supports Cardano (ADA) as a form of payment. As Austin, Texas played host to one of the biggest crypto and Web 3.0 events, ‘Consensus 2022‘, Charles Hoskinson, the founder of Cardano (ADA), decided to make that the stage on which he issued the first-ever invitations to a crypto hotel.
A Hotel That Represents Cardano’s Vision
Alfred Moesker, the owner of Hotel Ginebra Barcelona, met Charles Hoskinson in a summit for IOG. Needless to say, IOG is one of the three companies behind the Cardano ecosystem. The other two being the Cardano Foundation and Emurgo.
The Cardano Foundation is situated in Switzerland, while Emurgo is a business entity in Japan, which is largely focused on researching means for the adoption of Cardano in the Asia Pacific region.
Alfred Moesker expressed his interest in the Cardano ecosystem and the concept of helping to “bank” three billion unbanked people. Hoskinson vividly describes the decisive moment the two met: “We’d never done that before, and we did. And he showed up, we had dinner together, and he said, “you know, I’m just gonna convert my hotel into a Cardano-themed hotel”. I was like, “oh sure”. Now, it is! There’s pictures and paintings. It’s called Hotel Cardano. You pay in $ADA!”
Cardano’s (ADA) Price Still Flunking
Hoskinson also revealed that Cardano is nearing the ‘Vasil’ hard fork—a highly anticipated moment for the network. The crypto community is seemingly rather positive about the Altcoin, with many members on the CoinMarketCap Estimate Tool predicting that the price of Cardano (ADA) will rise sharply following the Vasil hard fork.
Despite these positive developments for Cardano, the blockchain’s native coin, ADA, is still licking its wounds in the midst of the crypto winter. At press time, Cardano (ADA) is trading at $0.447149, which is a slight hourly increase of 1.4%. In contrast, ADA is down by 6.8% over the last 7 days, and has recorded a somewhat concerning 29.1% decline over the last 30 days.
Why You Should Care
Crypto is swiftly being adopted in the travel industry. XcelTrip is among the freshest booking agencies to enable payments with cryptos such as Shiba Inu (SHIB).