AirBaltic Becomes the First Airline in the World to Issue NFTs

NFT mania has got everybody hyped up, including airline industries. Latvian airline, airBaltic, announced that it is joining the NFT revolution, and that it will be the world’s first airline to issue NFTs. Unfortunately, they aren’t issuing NFTs as tickets, at least for now., which is a shame as there is so much potential here. Imagine taking a flight to Paris and using a collectable NFT you purchased to board the flight, which also displays videos of some of the best places to visit during your vacation, along with special events and so on. Now THAT’s the future here. 

As it turns out, airBaltic have gone with a similar approach as everyone else by releasing limited edition artworks. These artworks will showcase an individual Airbus A220-300 with its registration as well as a piece of art of one of the most beloved Latvian cities. The NFT campaign is aimed at promoting tourism and Latvia in the world. A step in the right direction at least.

The cities represented in the drop are based on the winning votes from a poll where everyone was invited by airBaltic to pick their favourite cities and towns in Latvia. Further details about the drop will be released later in April. 

Martin Gauss, Chief Executive Officer of airBaltic said in a statement: “The blockchain technology has proven to be here long-term. After being the first airline to accept Bitcoin as a form of payment, it is the next step for us in blockchain technology to offer non-fungible tokens. NFTs are not only used for digital art transactions but may as well be expanded to tickets for concerts and other unique one-time pieces, including airline tickets. The issue of the limited collector NFTs will serve as a tourism campaign for Latvian cities, certainly still an undiscovered destination for many.”

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