First-ever Flight ‘NFTicket’ Sells for US$1m

DALLAS – Air Europa (UX) has become the first airline to mint a plane ticket as an NFT, making it the most valuable ticket sold in commercial aviation history.

TravelX, the company developing the travel industry’s first blockchain-based distribution protocol, and UX, the third-largest Spanish airline with flights to over 60 destinations worldwide, announced the completion of the first NFT (non-fungible token) Flight Ticket, or “NFTicket,” auction for US$1,002,000.

In simple terms, “minting” an NFT is uniquely publishing your token on the blockchain to make it purchasable. An NFT is a non-interchangeable unit of data stored on a blockchain, a form of digital read more ⇒

Source:: “Airways Magazine”

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