Air Europa Releases the First NFT Flight Ticket
The world’s first NFT flight ticket Auctioned for $1m
NFT has been making inroads into the traveler sector for quite some time. in March MakeMyTrip an online Indian travel agency provided NFTs for Indian destinations.
Multiple hospitality firms have entered the NFTs market to digitize their high-end tourist assets, Singapore based LynKey for instance has used a token system supported by blockchain then there are customer rewards programs, which provide customers with an NFT that retains customers' information and generates a unique entry with secure data storage. This may be by using hotels and restaurants or for reward points based on transactions.
An NFT-based airline ticket has been issued and it is possibly the most costly ticket ever sold in the history of commercial flights. The NFT ticket was sold at auction for $1 million.
As per the view of TravelX, these NFT tickets will work similarly to conventional NFTs, with transactions recorded on the blockchain According to TravelX this may become the new standard in the travel business. offer customers a better-streamlined experience while growing income for travel companies.