Argentinian Airline Becomes First In The World To Launch NFT Ticketing
Milestone Date: March 30, 2023
Flybondi, Argentina’s low-cost airline, has partnered with TravelX, a non-fungible token (NFT) ticketing company, to issue e-tickets as NFTs on the Algorand blockchain. Flybondi calls this integration “Ticket 3.0.” Passengers will be able to rename their tickets, transfer ownership of their tickets to whomever they want, and even gift tickets.
Flybondi is the first airline in the world to offer NFT ticketing. Flybondi stated that the 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." Passengers can purchase tickets using fiat directly on Flybondi’s website, then a synchronized NFT ticket is created via TravelX. The travelers can then create a Ticket 3.0 account that enables them to store and manage their NFT tickets.
Flybondi CEO Mauricio Sana said in a press release, “With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology. 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."
By Elizabeth Morrison
Published:April 19, 2023