Sun 25 Sep 2022 ▪ 10:00 am ▪
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FlyBondi, the Argentinian discount airline, has announced that it will now integrate Non-Fungible Tokens (NFT).) at the ticket office. By introducing non-fungible tokens into its business operations, the company wants to expand its options and offer more flexibility to its customer base. So users will have the option to sell or transfer NFTs to other travelers within a certain time frame.
Flybondy integrates NFT tickets with its trading strategy
NFT travel tickets are seen as the future of tickets. If they are so successful at this point, it is because they create a unique connection between travel companies and their customers. Moreover, they generate engagement and interest of new types of travelers, thus creating an additional source of income. All these benefits encourage airlines to invest Non-fungible tokens. The latest is Flybondy, an Argentinian company known for its affordability In fact, he decided he was going now Issue tickets to NFT. A commercial activity that must allow expanding the possibilities offered to its customers.
To execute this project, he requested its services Travelx, a framework working on technological development. Travelx will develop a solution that allows customers to transact using blockchain technology. Users can Transfer, exchange or sell ticket by changing name 3 days before flight.
The collaboration between FlyBondi and Travelox will allow passengers to purchase tickets Binance Pay with some stablecoins. Currently, only USDC is supported, but TravelX promises to include several more stablecoins in the future to increase user options. As you understand, NFT tickets allow passengers to plan their travel in advance. They can thus avail the best price without any risk or delay.
The market for non-fungible tokens is growing
enter Web technology 3 And NFTs will drive new markets in commercial projects. For Travelx, the inclusion of this new technology takes customers to a new level “Where the travel industry and the new Web3 world come together to provide a much more flexible experience for travelers, creating new sources of revenue and significantly reducing transaction costs for airlines. “
It must be recognized that very Some companies are currently investing in NFT ticketing. FlyBondi is one that offers tickets in non-fungible tokens. He knows that many structures will soon follow if his results are final.
The NFT-based business activities 2022 has become much more democratic. Organizations like the European Union use NFTs for security purposes. Because, with the technological innovation of blockchain, it will be easier to protect intellectual property by fighting counterfeiting.
According to a recent report by analytics firm Grand View Research, non-fungible tokens are still far from their true potential. This same report states that by 2030, the NFT industry could reach $200 billion..
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Doctoral student in financial law and experienced SEO web editor, Cédrick Aimé is passionate about cryptocurrencies, trading, etc. He naturally participates in the daily Blockchain Revolution thanks to his articles for the better democratization of DeFi.