Sat, December 21

Lufthansa Airline Introduces NFT Loyalty Rewards on Polygon Network

Kresus Crypto Wallet Offers a Hassle-Free Solution for NFTs Storage via Sotheby's Metaverse Editors News
  • App users may trade in their boarding passes for NFT trading cards simply by scanning.
  • Travelers may earn NFTs from their airline trips and redeem them for several perks.

One of Europe’s leading airline companies, Lufthansa, has created a new loyalty program on the Polygon Network that uses NFTs. Travelers may earn NFTs from their airline trips and redeem them for perks like free flights or access to a business class lounge.

Lufthansa’s digital innovation branch, Lufthansa Innovation Hub, and the airline’s frequent flyer program, Miles & More, collaborated on the Uptrip smartphone application, which was introduced on August 31.

According to the release, app users may trade in their boarding passes for NFT trading cards simply by scanning. To mint and transfer Uptrip NFTs, users must link their cryptocurrency wallets inside the app. Passengers may earn perks like upgrades, airport lounge access, or award miles by completing certain NFT collections.

Banking on Web3

Lufthansa Innovation Hub executive Kristian Weymar stated that the Web3 is in its infancy since people are interested yet wary. Weymar emphasized that the goal of the initiative is to provide consumers with easier access to Web3.

The director of program development at Miles & More, Christopher Siegloch, says that Uptrip has received a lot of attention. Over 20,000 people have signed up, and 200,000 NFT trading cards have been minted, according to the claims.

Lufthansa has shown interest in adopting Web3 technology for internal use this year. Meanwhile, other airlines have begun making statements about their plans to adopt Web3. Emirates, the biggest airline in the United Arab Emirates, has also said it would begin accepting Bitcoin payments and launching NFTs earlier in 2022.

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