Arcube collaborates with Etihad for exclusive NFT Collection
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- March 21, 2024
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Etihad Airways Teams Up with Arcube and Crossmint to Launch Exclusive NFT Collection with Unique Rewards
Etihad Airways, the national airline of the United Arab Emirates, has joined forces with tech companies Arcube and Crossmint to introduce an exciting new Non-Fungible Token (NFT) collection. This collaboration aims to provide NFT holders with distinctive rewards and experiences, revolutionizing the concept of “travel to earn.” Here’s everything you need to know about this groundbreaking initiative.
In a nutshell:
– Etihad launches a new collection of NFTs.
– The collection offers exclusive rewards such as lounge access and bonus miles.
– It introduces the innovative “Staking-for-Miles” program.
Etihad Airways Set to Elevate NFT Use Cases:
The airline’s latest NFT collection, titled EY-ZERO1, features a remarkable 3D model of Etihad’s recently revealed Boeing 787 Dreamliner themed after the popular movie franchise “Mission: Impossible.” This release builds upon the success of Etihad’s inaugural NFT collection launched in July 2022, which featured digitized models of ten iconic Etihad liveries.
Etihad aims to revolutionize customer loyalty programs with its groundbreaking “Staking-for-Miles” program. NFT holders now have the opportunity to earn Etihad Guest miles by locking up their NFTs. This pioneering web3 initiative marks a significant milestone in loyalty programs within the aviation industry.
To bring these NFTs to life, Etihad partnered once again with Arcube, experts in 3D modeling, responsible for creating the intricately detailed aircraft models underlying the NFTs. Additionally, Crossmint provided the necessary blockchain infrastructure and payments integration to facilitate this cutting-edge venture.
Limited-edition Mission: Impossible NFTs:
Only 300 limited-edition Mission: Impossible NFTs are available to collectors. By owning one of these exclusive NFTs, holders gain access to a range of exceptional rewards from Etihad Airways. These rewards include 12-month Etihad Guest Silver tier status, priority airport services, lounge access, and bonus miles. Furthermore, NFT holders become part of the exclusive Etihad: Virtual Club, unlocking additional miles and VIP benefits.
Staking-for-Miles Feature:
Etihad’s NFT holders can utilize the unique “Staking-for-Miles” feature by locking up their digital assets for designated periods to earn additional miles. For example, by locking an NFT for three months, holders can earn 5,000 miles. This groundbreaking feature represents a global first for an airline loyalty program, harnessing the power of NFT staking rewards.
Immersive 3D Environment and Mile Redemption:
Through the NFT platform, holders can access an immersive 3D environment to explore their digital aircraft models and enjoy the benefits they have earned. The miles accumulated can be used to book Etihad flights, upgrades, or items from the airline’s exclusive NFT store.
Enter the Blockchain, Soar the Skies:
Crossmint’s integration of credit card and cryptocurrency payment options aims to attract mainstream users to Etihad’s web3 ecosystem. By utilizing Crossmint’s blockchain tools and infrastructure, Etihad can quickly deploy NFT minting and payments. This demonstrates how NFTs and blockchain technology can enhance customer loyalty and provide access to unique brand experiences as web3 adoption increases globally.
Etihad Airways is leading the way in real-world utility for digital collectibles and staking rewards. With Arcube and Crossmint as technology partners, the airline continues to pioneer groundbreaking innovations that delight both virtual and physical communities.
Please note that all investment and financial opinions expressed in this article are for educational purposes only and do not constitute recommendations. As always, conduct your own research before making any investment decisions.