The most valuable airline ticket in history…….
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, announced the close of the first NFT (non-fungible token) Flight Ticket, or "NFTicket," auction for $1,002,000 USDC.
"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 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.