Flybondi joined
TravelX
and became the first airline in the world to offer air tickets in NFT (Not Fungible Tokens) format, a digital asset, offering the traveler
flexibility
that was not available until now.
All tickets purchased after March 27 from the Flybondi website, to and from Argentina, are
Tickets 3.0
, as low cost calls them.
What are Tickets 3.0 and what benefits do they offer?
In technical terms, this means the “tokenization” of an air ticket via
blockchain technology
, uniting the travel industry with the world of the new Web3.
Passengers board a plane to make a low cost flight.
Photo Flybondi.
“An NFTicket allows whoever buys the ticket to be
the complete owner
and do whatever they want with it.
The owner will be able to transfer it, sell it, give it away, something that until now could not be done, ”he explained in communication with Clarín Juan Pablo Lafosse, CEO and co-founder of TravelX.
Unlike a traditional ticket, Flybondi tickets allow
the passenger's name to be changed
.
In other words, all the personal data of a passenger can be modified so that another person can travel, something that until now could not be done.
In addition, the ticket can also be
transferred
to another person.
What's the difference between these functions?
The transfer is a management to completely transfer the Ticket 3.0 to another passenger.
When a ticket is transferred, it will no longer be seen in the personal account of the person transferring it.
This is what a Flybondi Ticket 3.0 looks like.
On the other hand, when the passenger's name is changed, the Ticket 3.0 remains in one's account and one continues to have control over it to carry out any other management.
These modifications have a
transaction cost
and must meet certain
requirements
.
For example, the passage of a minor cannot be used by a major;
If a purchase is made with more than one ticket, a single Ticket 3.0 is obtained, therefore all the tickets are transferred.
In order to access this type of ticket and use its benefits, it is necessary to create a
Flybondi
account using an email and password.
Tickets 3.0 are only good for flying within Argentina.
At the moment, low cost tickets cannot be put on
sale
, but it is expected that in another stage of evolution, it will be possible.
"Passengers will be able to buy not only the ticket that the airline puts up for sale, but also those that
other people who may not be able to travel
put up for sale ," Lafosse explained months ago, when the project was announced.
This innovation would give the possibility of recovering the price paid or even
earning money
if the airfare went up.
Background
TravelX already has experience selling these types of tickets.
In April last year, they held the first auction for an NFT plane ticket.
The anonymous buyer paid just over
$1 million
.
The high value - much more than an air trip is worth - was due to the fact that it was intervened by the
Puerto Rican
artist
Carlos Betancourt
and works as a
collector
's item , since it was the first of its kind in all of history, and in the future can be revalued.
The buyer flew in May with Air Europa on the Madrid - Miami route in Business.
In addition, he used his boarding pass to access experiences during Art Week, which took place in that city in the United States.
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