Etihad Airways 'Horizon Club' Web3 Loyalty Program Will Let You Stake NFTs for Miles

1 year ago

United Arab Emirates nationalist hose Etihad Airways volition soon merchandise a caller 300-edition enlargement to its Polygon-based EY-ZERO1 non-fungible token (NFT) collection, promising holders a slate of caller benefits similar Etihad Guest Silver Tier Status, precedence check-in, lounge entree and the quality to involvement their assets to gain miles.

The limited-edition release, which launches connected August 1, is the eleventh 3D craft exemplary added to its EY-ZERO1 NFT collection, which archetypal launched successful July 2022. The caller NFTs are designed to look similar the Mission: Impossible-brandished Boeing 787 Dreamliner unveiled arsenic portion of a promotional circuit for the recently-released "Mission: Impossible – Dead Reckoning Part One" movie.

The archetypal EY-ZERO1 postulation granted holders exclusive benefits, including Etihad Silver Tier presumption for 1 twelvemonth and entree to an NFT holders' lawsuit astatine the Yas Marina Circuit Formula 1 race. The caller postulation offers an expanded database of integer and real-world rewards, including a 12-month Etihad Guest Silver Tier Status, precedence check-in, a 25% boost erstwhile earning Etihad Guest Miles, lounge entree astatine Abu Dhabi International airport, rank to the Etihad: Virtual Club, a fast-track to spell from Silver to Gold Tier presumption and a customized Etihad rank card.

In September, Etihad plans to motorboat its Web3 loyalty programme called "Horizon Club" and volition present a staking-for-miles programme that volition let the assemblage to fastener up their NFTs to gain Etihad Guest Miles. Miles earned tin past beryllium redeemed for flights, upgrades and different perks.

The caller NFTs were created successful collaboration with real-world plus tokenization steadfast Arcube, which has signed connected arsenic Etihad Airways authoritative Web3 partner. Infrastructure steadfast Crossmint is facilitating cryptocurrency oregon recognition paper payments.

As Web3 loyalty programs gain popularity, Etihad is the latest hose to grow its blockchain-based offerings. Low-cost Argentinian bearer Flybondi successful March expanded its concern with NFT ticketing institution TravelX to offer each tickets arsenic NFTs connected the Algorand blockchain. TravelX antecedently partnered with Spanish hose Air Europa successful April 2022 to motorboat a bid of NFT tickets linked to perks and events. And successful June, Japan's largest hose radical All Nippon Airways (ANA) launched an NFT marketplace arsenic portion of plans to turn its Web3 strategy, which includes a metaverse question acquisition that volition integrate passengers' formation histories into their integer avatars.

Edited by James Rubin.

View source