{"id":10101,"date":"2023-08-01T19:52:27","date_gmt":"2023-08-01T19:52:27","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/08\/01\/etihad-airways-now-allows-travelers-to-earn-miles-with-their-nfts\/"},"modified":"2023-08-01T19:52:27","modified_gmt":"2023-08-01T19:52:27","slug":"etihad-airways-now-allows-travelers-to-earn-miles-with-their-nfts","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/08\/01\/etihad-airways-now-allows-travelers-to-earn-miles-with-their-nfts\/","title":{"rendered":"Etihad Airways Now Allows Travelers to Earn Miles With Their NFTs"},"content":{"rendered":"

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Want those extra airline miles? All you have to do is lock up your NFTs.\u00a0<\/p>\n

United Arab Emirates\u2019 flagship carrier, Etihad Airways, announced<\/a> its expansion today of its loyalty and rewards programs for their customers and NFT holders. <\/p>\n

The airline teased the release of a new 300-edition expansion to its Polygon-based EY-ZERO1 NFT collection<\/a>, offering NFT holders the ability to \u201cstake\u201d or lock their digital assets in exchange for air miles.\u00a0<\/p>\n

This limited-edition release marks the eleventh 3D aircraft model added to the EY-ZERO1 NFT collection, which made its initial debut in July 2022. The collection\u2019s newest NFTs are intricately designed to mirror the Boeing 787 Dreamliner<\/a>, adorned with branding from the latest addition to the Mission Impossible <\/em>franchise \u201cMission: Impossible \u2013 Dead Reckoning Part One.\u201d This cinematic association adds a layer of allure to the digital collectibles, making them coveted assets for both aviation enthusiasts and cinephiles.<\/p>\n

The original EY-ZERO1 collection offered its holders a suite of exclusive perks, such as a one-year Etihad Silver Tier status and access to a special event at the Yas Marina Circuit Formula 1 race.\u00a0<\/p>\n

The upcoming collection, however, takes the rewards a notch higher.\u00a0<\/p>\n

Holders can anticipate a 12-month Etihad Guest Silver Tier Status, priority check-in, a 25% boost in earning Etihad Guest Miles, lounge access at Abu Dhabi International Airport, and membership to the Etihad: Virtual Club. They will also receive a fast-track opportunity to upgrade from Silver to Gold Tier status and a personalized Etihad membership card.<\/p>\n

Horizon Club<\/h2>\n

Come September, Etihad is poised to unveil its Web3 loyalty program, aptly named \u201cHorizon Club.\u201d This program will introduce a staking-for-miles feature, allowing the community to \u201clock\u201d their NFTs and earn Etihad Guest Miles in return. These miles can subsequently be redeemed for flights, seat upgrades, and other exclusive benefits.<\/p>\n

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Introducing \u2018Etihad Horizon Club\u2019: one of the world\u2019s first Web3 airline loyalty programs, powered by @arcubenft<\/a>. Stake your NFTs to earn Etihad miles and spend on travel & web 3 perks.<\/p>\n

More miles per day for Etihad: Mission Impossible Livery NFT holders!<\/p>\n

Launching\u00a0in\u00a0Q3\u00a02023 pic.twitter.com\/n6b1GJlvPN<\/a><\/p>\n

\u2014 Etihad NFT (@EtihadNFT) July 28, 2023<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

This NFT expansion is a collaborative effort between Etihad Airways and Arcube, a firm specializing in real-world asset tokenization and Ethiad Airways\u2019 new official Web3 partner. For holders, they will also be able to transact with either traditional credit cards or cryptocurrency, powered by infrastructure company Crossmint in helping facilitate the payment process.<\/p>\n

Airlines flying into Web3<\/h2>\n

Etihad\u2019s flight path towards the Web3 domain is certainly indicative of a broader trend that we\u2019ve started to see take off within the airline industry.\u00a0<\/p>\n

Argentina\u2019s Flybondi<\/h4>\n

In March, Argentinian low-cost carrier Flybondi partnered with NFT ticketing company TravelX to offer all its tickets as NFTs on the Algorand blockchain.\u00a0<\/p>\n

Japan\u2019s All Nippon Airways<\/h4>\n

Japan\u2019s aviation giant, All Nippon Airways (ANA), also landed in the NFT market in June, unveiling a marketplace that encompassed a metaverse travel experience that integrates passengers\u2019 flight histories with their digital avatar.<\/p>\n

Spain\u2019s Air Europa<\/h4>\n

Similarly, Spain\u2019s Air Europa also partnered with TravelX in April 2022, launching a series of NFT tickets linked to exclusive perks and events.\u00a0<\/p>\n

What\u2019s next?<\/h2>\n

Etihad Airways\u2019 latest initiative is yet another case study for intentional applications of digital collectibles and blockchain technology that works to enhance both the airline industry and its customers through an evolving loyalty and rewards program that prioritizes real-world experiences.<\/p>\n<\/p><\/div>\n