Lufthansa to offer NFT rewards program

Despite NFT trading volumes being massively down this year, companies still want to build new initiatives around them

article-image

Philip Lange/Shutterstock modified by Blockworks

share

Lufthansa and partner Uptrip announced the expansion of the German air carrier’s NFT trading card program on Thursday.

Now, all Lufthansa passengers can receive a Polygon-based NFT by simply scanning their boarding pass in the Uptrip app. That NFT can then be stored in their crypto wallet of choice. 

However, these NFTs aren’t just collectibles, Lufthansa told customers in a press release. If a frequent flyer gets their hands on enough of them to form a complete NFT collection, they can be redeemed for “airport lounge access, flight upgrades, or for status and award miles.”

Christopher Siegloch, an executive at Lufthansa’s frequent flyer program, said that he was delighted to see so much interest in the NFT offering. The program had a soft launch in the spring, and has seen 20,000 registered users and over 200,000 NFTs issued.

“Gamification elements introduce participants to Web3 technologies such as NFTs in a fun way. Furthermore, we have managed to transfer the enthusiasm for collecting that people know from trading card booklets into a digital space,” Siegloch said in a statement. 

Uptrip plans to get its own NFT marketplace up and running sometime during the second half of this year. There are also talks of expanding available rewards, though there was no elaboration on what sort of benefits could be included in the future. 

NFTs are beginning to have a much more general application in the ticketing world and with rewards programs. 

Starbucks runs one of the largest rewards programs in the world, and has been building out its Web3 side of that business since last September.

Another airline, Argentina’s Flybondi, already offers NFT tickets for its flights via the Algorand blockchain.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Tags

Upcoming Events

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research report HL cover.jpg

Research

It's increasingly apparent that orderbooks represent the most efficient model for perpetual trading, with the primary obstacle being that the most popular blockchains are ill-suited for hosting a fully onchain orderbook. Hyperliquid is a perpetual trading protocol built on its own L1 that aims to replicate the user experience of centralized exchanges while offering a fully onchain orderbook.

article-image

Resy co-founder Ben Leventhal’s newest venture involves public blockchains and free coffee

article-image

Cryptocurrencies look like they are closing out a volatile week relatively flat

article-image

Consensys filed a lawsuit against the SEC in a Texas court on Thursday

article-image

Marathon Digital’s hash rate target of 50 EH/s by the end of 2025 may be achieved a year sooner than expected, CEO says

article-image

The Algorand Foundation touts the network as first to go after pool of 10 million global developers

article-image

Drive-to-earn DePIN project MapMetrics will slowly transition to the peaq blockchain