Air Europa becomes first airline to mint a plane ticket on the Algorand blockchain via TravelX, making it most valuable ticket sold in commercial aviation history ..
TravelX the company building the travel industry's first blockchain-based distribution protocol, and Air Europa, the third-largest Spanish airline flying to over 60 destinations around the world, have announced the close of their first NFT (non-fungible token) Flight Ticket, or "NFTicket," auction raising $1,002,000 USDC.
Designed by prominent Miami-based artist Carlos Betancourt and curated by Ximena Caminos, the first-ever NFTicket ( one of ten tickets to be released ), will grant its holder a first-class AirEuropa cabin from Madrid to Miami on November 29, 2022 before landing at a private event at Art Basel Miami, where the NFTicket holders and artists will celebrate this momentous event in history together.
TravelX was born to reimagine the travel industry and accelerate its adaptation to Web3, by tokenizing travel inventory into NFTs that can be exchanged through the blockchain ecosystem along with digital stablecoins. A simple integration will enable a whole new world of use cases, allowing travel suppliers to enhance and make their inventory distribution more efficient and profitable.
"We are very happy with the results of this first experience trading a NFTicket. We see this as a bet on the future, as it allows us to apply a layer of service experience that transforms our customer offering," explains Valentín Lago, CEO of Air Europa. "We hope it will become a quality leap forward for all users."
TravelX leveraged Algorand, the world's most decentralized, scalable and secure blockchain infrastructure, to mint the NFTicket. Algorand is a fully carbon-negative blockchain, designed from the beginning for minimal environmental impact.
For more information, visit www.travelx.io.