Trying to join the hype wagon, airBaltic is now issuing non-fungible tokens (NFTs) to celebrate its aircraft and local destinations. The company says the effort is part of its marketing strategy, helping airBaltic to gain global recognition, helping to promote tourism in Latvia, with the funds raised a small side benefit.
They mention on their blog:
After being the first airline to accept Bitcoin as a form of payment it is the next step for us in blockchain technology to offer non-fungible tokens (NFTs).
airBaltic announces that it has become the world’s first airline to issue limited collector non-fungible tokens (NFTs). The artwork showcase an individual Airbus aircraft with its registration as well as one of the most beloved Latvian cities – Kuldiga.
How NFTs will develop in the aviation space will be interesting to see. I can foresee airlines selling NFTs with collector pieces, just as they sell merchandise and other items today on their shops (KLM, AirFrance, American Airlines).
First Airline To Launch And Sell NFTs
One interesting case I though of is the possibility to get KLM Delft Houses as NFTs along with the physical one (on business class flights). It would be a nice addition, but it will def some time until they get implemented (if they ever do). I love those houses and have over 40 in my collection!
You can also watch the official statement from airBaltic on their NFTs on their YouTube channel:
Let us know in the comments if you plan on buying (or already bought) any of them!