31/03/2023 NFTickets: Argentinian Airline Flybondi Issues Every Ticket as an NFT

Argentinian low-cost airlineFlybondiis integrating Web3 into its ticketing process by issuing e-tickets as non-fungible tokens (NFT).

The new integration announced Thursday is calledTicket 3.0and is an expansion of its existing relationship with NFT ticketing companyTravelX, which launched inSeptember 2022. The NFT ticketing technology, built on theAlgorandblockchain, allows passengers to change their name, transfer or sell their "NFTickets" independently.

McDonald’s Collaboration Sparks Doodles NFT Floor Price Surge
NFTs weekly sales surge 94% as crypto market continues bullish run
Bids soar to $2.8 million for World Wide Web code NFT

Flybondisaysthe NFT ticket "offers a more flexible travel experience that allows passengers to even buy in advance without having to define their travel plans or who the travelers will be." In return, the airline is able to reduce customer service costs and increase its revenue from trading fees.

TravelX chief blockchain officer Facundo Martin Diaztold CoinDesk in Septemberthat the company does not charge a fee when users initially purchase a ticket but it does receive a 2% transaction fee when trades are made on the secondary market. Airlines also get a 2% cut, he said.

Passengers can purchase travel tickets through the Flybondi website using fiat currency, and TravelXissues a synchronized NFT ticketon top of the regular e-ticket. Travelers can then create a Ticket 3.0 account to manage and store their NFTs through Flybondi. Ticket-related rules and conditions are integrated into the NFT's smart contract by the airline.

"With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology," said Flybondi CEO Mauricio Sana in apress release. "Changing the rules of the game is never easy, but we know that it is our objective to evolve and offer our passengers a new stage of the freedom to fly."

TravelX has also made its infrastructure open so that other exchanges or marketplaces can use the TravelX API. According to the company, over 60 airlines worldwide are also exploring the use cases of its NFT tickets.

Arts

https://www.coindesk.com/web3/2023/03/30/argentinian-airline-issues-every-ticket-as-an-nft/?outputType=amp

Interesting NFTs
#93975
By OthersideDeployer
Fidenza #529
Fidenza is by far my most versatile algorithm to date. Although the program stays focused on structured curves and blocks, the varieties of scale, organization, texture, and color usage it can employ create a wide array of generative possibilities. Additional project feature(s) => Scale:Large, Turbulence:Med, Colors:Luxe-Derived, Have Margin:Yes, Spiral:No, Soft Shapes:Yes, Super Blocks:No, Collision Check:No Overlap, Outlined:No, Shape Angles:Curved, Density:Medium
Daffodil Ragdoll Blue
Yo! I'm Daffodil Ragdoll Blue. I want to live in a world where people believe the world is flat. I like to listen to Ace of Base while grooming. Don't judge me. Will you be the wasabi to my pickles?
Death Dip
#XCOPY #GIF #death #dip #lurking
David vs the Virus
"An ode to the year everything changed" - Frank Wilder The story of the underdog is a reoccurring theme throughout history, and perhaps the most famous example is that of David vs Goliath. A tale about perseverance, in which David takes on and defeats the giant warrior using only his smarts and a stone. Famously depicted by Michelangelo's David statue. Fast forward to the present day in 2020 and we as humanity are faced with our own Goliath. An uncontrollable pandemic spread around the globe. Now with the entire planet being affected by this we understand the gravity of the situation at hand, whether it be a virus we’re fighting or other forces at play, there is indeed an energy out to shift the balance of the Universe… Regardless of our differences, in this moment must unite as one. With diligence, trust and belief we as a whole can come together to triumph against "the enemy". Stay vigilant my friends. Original score created by the one and only Phoenix Wilder.