According to BlockBeats, Chameleon Travel Club, a Web3 project focused on island travel, announced on June 25th that it is entering the Real World Assets (RWA) sector. The Chameleon Travel platform has been fully developed and is currently undergoing internal testing. The global island vacation villa booking platform, Chameleon.travel, has linked up with hundreds of luxury vacation homes, with assets exceeding $300 million.

The team revealed that Chameleon will gradually introduce luxury property assets from top vacation destinations around the world. Through on-chain leasing and sales, it aims to provide users with a seamless experience. With the popularization of the RWA sector, real assets are being put on the blockchain, creating a new asset management model for the Web3.0 era.