Etihad Airways unveils its 1st non-fungible token collection, EY-ZERO1

Etihad Airways unveils its 1st non-fungible token collection, EY-ZERO1

Etihad Airways, the flag carrier airline of the UAE, has recently announced the forthcoming release of the airline’s non-fungible token (NFT), EY-ZERO1.

The utility-driven series offers 10 highly detailed 3D plane models, each one demonstrating an innovative Boeing 787 Dreamliner of Etihad Airways.

Around 2003 limited-edition collectibles, signifying the year when Etihad was founded, will be sold at 6 pm UAE on 21 July.

Under this collection, Greenline-themed aircraft and Etihad’s Manchester City FC are also going to be included, among others.

Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, while commenting on the move, said that the firm is extremely keen on unveiling EY-ZERO1, its first NFT collection, which provides aviation enthusiasts and travelers an exclusive work of art as well as offers lifestyle and real-world travel benefits with Etihad Airways.

NFTs, along with other metaverse technologies, is transforming the digital economy, and the firm is extremely proud to be the first airline globally to explore the capability to offer additional utility to its customers, Tony added.

Buying a new NFT will give owners an instant Etihad Guest Silver tier membership for a year, with around 10 lucky NFT owners winning flight tickets with Etihad.

The owners of the NFT will also be provided access to the forthcoming NFT collections and future metaverse products, which are part of the airline’s plan for the Web3 strategy.

To celebrate its new collection, the airlines will be giving away around 20 NFTs to people preregistering on etihad.com/zero1 by 16 July.

Each NFT is said to be estimated at $349 plus tax on etihad.arcube.io, and the scale will be closed on 18 August at UAE 6 pm.

The NFTs are also said to be available for purchase via the Etihad Guest Reward Shop, implying that Etihad’s 7 million loyalty program members can use their Etihad Guest Miles for acquiring an NFT.

Source Credit - https://www.etihad.com/en-in/news/etihad-airways-announces-first-nft-collection-eyzero1