Categories: Trending now

Germany’s Lufthansa Airlines to Offer NFT Loyalty Rewards, Let Flyers Indulge in Web3

Germany’s Lufthansa airline is planning to soon let its flyers collect rewards in the form of non-fungible tokens (NFTs) and engage with Web3. Lufthansa is rolling out a new loyalty programme, that will let flyers collect reward points in the form of NFTs trading cards. From business lounge vouchers, to free miles and frequent traveler statuses, these NFT trading cards offered by Lufthansa will unlock a plethora of facilities for the travelers. The name of this new loyalty programme has been decided as ‘Uptrip’ and the NFTs that are part of this programme are based on the eco-friendly Polygon blockchain.

Lufthansa will allow eligible flyers to connect their digital wallets in order to Indiapress, transfer, and trade these Uptrip NFT cards.

The NFT cards being offered are divided into different categories, including cities, aircrafts, as well as Specials.

“Users will be able to choose from hundreds of cards of Cities (Lisbon, New York, Rio de Janeiro, Singapore and more), Airplanes (Airbus A320, Boeing 747, Embraer 190) and Specials (fly on New Year’s eve, cross the North Pole, etc). Since the soft launch over 20,000 users have registered and over 200,000 trading cards have been issued,” the Lufthansa Innovation Hub said in a statement on the Polygon website.

The Lufthansa Group is a major European airline company, with over 38 million members in its Miles and More reward programme. Its decision to explore Web3 could hence onboard millions to the digital assets sector.

“Web3 is in an early stage of development. Curiosity is high. But, we also encounter questions and hesitation – which is where Uptrip hits a nerve. We make it possible for people to access this new technology,” a report by Zycrypto quoted Kristian Weymar, Director of New Business Lufthansa Innovation Hub as saying.

The Uptrip app has been made available on both, Google Play Store as well as Apple’s App Store.

This however, is not the first time that a major airlines player has decided to venture into the digital assets sector. Back in May this year, Japan’s prominent Air Nippon Airways (ANA) launched its own online marketplace for the trade, sale, and purchase of NFTs themed around aeronautics.

In April last year, Emirates airline from the UAE had also jumped on the metaverse and NFT wagon.


Affiliate links may be automatically generated – see our ethics statement for details.
News Today

Recent Posts

State Department opens online passport renewal service to full public

2024-09-20 07:55:03 The days where the only option to renew your passport was mailing the…

9 mins ago

Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria

2024-09-20 07:45:02 US stocks soared, with the Dow Jones Industrial Average (^DJI) closing above the…

19 mins ago

ICYMI – Peter Barca, Angelina Cruz, and concerned constituent speak out on Bryan Steil’s extreme record on abortion and IVF – WisPolitics

2024-09-20 07:35:02 MADISON, Wis. — Today, Peter Barca, State Assembly candidate Angelina Cruz, and a concerned constituent…

29 mins ago

Body found near Exit 49 in Laurel County likely Joseph Couch, officials report

2024-09-20 07:25:02 During a press conference on Wednesday night, officials reported the body found near…

39 mins ago

Zach Bryan apologizes to Swifties for drunkenly posting ‘Kanye > Taylor,’ deactivates his X account

2024-09-20 07:15:03 Country music superstar Zach Bryan is in treacherous waters with Taylor Swift's fan…

49 mins ago

Sean ‘Diddy’ Combs joins list of Hollywood stars charged with sex crimes

2024-09-20 07:05:02 Since the #MeToo movement took off, a multitude of male celebrities have been…

59 mins ago