Fun

News Feed - 2023-08-31 07:08:30

Ezra Reguerra13 hours agoLufthansa airline launches NFT loyalty program on PolygonAirline passengers can collect NFTs and then get rewards, such as flight upgrades or airport lounge access, after completing NFT sets.3902 Total views40 Total sharesListen to article 0:00NewsJoin us on social networksLufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs that can unlock rewards, such as miles and business lounge vouchers.


On Aug. 31, Lufthansa announced the Uptrip mobile application, a project by Lufthansa Innovation Hub, the airline group’s digital innovation unit, and Miles & More, the airline’s frequent flyer program.Lufthansa"s @Uptrip_app loyalty program is building #onPolygon to turn flights into rewards

Collect NFT trading cards for every flight and claim rewards

Learn more about the new Miles & More and @LHInnovationHub experience: https://t.co/MjQihK8xUx pic.twitter.com/JfUEoUJxNR— Polygon (Labs) (@0xPolygonLabs) August 31, 2023


According to the announcement, airline passengers can scan their boarding passes using the app and exchange them for NFT trading cards. Within the app, users must connect their crypto wallets to mint and transfer their Uptrip NFTs. Once passengers complete specific NFT collections, they will be eligible for rewards, such as flight upgrades, airport lounge access, frequent flyer status or award miles. 


Kristian Weymar, an executive at Lufthansa Innovation Hub, said in the announcement that Web3 is in its early stages as users are curious but still hesitate to dive in. Weymar highlighted that the project attempts to make Web3 accessible to their customers.


According to Christopher Siegloch, head of program development at Miles & More, there has been a lot of interest in Uptrip. The announcement noted that there have been over 20,000 sign-ups and 200,000 NFT trading cards minted.


Related:Venezuelan international airport to accept Bitcoin payments: Report


Earlier this year, Lufthansa expressed interest in integrating Web3 technologies into its business. On May 12, Lufthansa Group’s Johannes Walter told Cointelegraph in an interview that decentralization and tokenization will bring about opportunities for new business models.


Meanwhile, other players in the airline industry have also been announcing their intent to implement Web3 in their businesses. In 2022, the United Arab Emirates’ largest airline company, Emirates, also announced its plans to accept Bitcoin payments and launch NFTs.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:$3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story# Blockchain# Airlines# NFTAdd reactionAdd reactionRead moreHow to actually spend your Bitcoin, ExplainedHow blockchain tech and dMRV can help carbon trading marketsIf Worldcoin can improve the world, why not give it a chance?

News Feed

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russ
Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “
ShapeShift settles pre-DAO SEC case, Uniswap hits 2-year high: Finance Redefined
Prashant Jha4 hours agoShapeShift settles pre-DAO SEC case, Uniswap hits 2-year high: Finance RedefinedAmid a marketwide bullish run, Uniswap’s UNI token has reached a new two-year high.304 Total viewsListen to article
Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam
Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled a
Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features
Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap FeaturesWith over 11 Million Bitcoin.com Wallets created, we’re building new features our users need mo
Ezra Reguerra10 hours agoTaiwan to restrict unregistered, noncompliant foreign crypto exchangesTaiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country.275
‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means
Este artículo también está disponible en español. The Bitcoin price may be on the verge of hitting new all-time highsas a crypto analyst has unveiled the emergence of a n
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm"s Assets On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region
4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
Yashu Gola10 hours ago4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warningMicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaw
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas PWC, one of the ‘Big Four’ auditors and among the largest professional service
XRP Open Interest Has Surged 36% In Two Weeks – Is Momentum Building?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip tr