So an airline wants to sell every single possible seat on every plane, but not have too many people on the plane on takeoff because buying off those customers costs money, but plenty of customers cancel last minute so it is inefficient to only hand out just as many tickets as seats. The number is arrived at by sophisticated behavior algorithms that aren’t very accurate, but are more accurate than current human estimations
There are also 3rd party sellers that receive segments of ticket and can and do act as brokerages in a grey market that if the idiots in washington understood would be a lot more heavily regulated
What NFTs bring to the game: New classes of tickets: Quantum Tickets. They’re not really tickets till you board.
So you have normal seating for the existing classes, 1st to coach that are NFT guaranteed and once you have your ticket you KNOW you will be getting that seat. You can also transfer ownership of this ticket yourself for any reason, automatically and seamlessly through the app
Now we have a pool of quantum travelers that for the savings of a bit on the price, enter a randomized allocation of the remaining unused tickets, late cancellations, and other non-check ins.
ALL seamless, all on the app. From the outside it looks like any other boarding situation but now we have a very good chance every single sold seat will be taken.
Can’t do that with existing systems, the methods of transfer are platform locked and even ones that offer API refuse to play with other services.
NFTs make a universal contract language that any business can use to transfer assets automatically and programattically in such a way that CANNOT be falsified
There is literally no other open source, cross platform solution that even comes close to offering 30% of this
So an airline wants to sell every single possible seat on every plane, but not have too many people on the plane on takeoff because buying off those customers costs money, but plenty of customers cancel last minute so it is inefficient to only hand out just as many tickets as seats. The number is arrived at by sophisticated behavior algorithms that aren’t very accurate, but are more accurate than current human estimations
There are also 3rd party sellers that receive segments of ticket and can and do act as brokerages in a grey market that if the idiots in washington understood would be a lot more heavily regulated
What NFTs bring to the game: New classes of tickets: Quantum Tickets. They’re not really tickets till you board.
So you have normal seating for the existing classes, 1st to coach that are NFT guaranteed and once you have your ticket you KNOW you will be getting that seat. You can also transfer ownership of this ticket yourself for any reason, automatically and seamlessly through the app
Now we have a pool of quantum travelers that for the savings of a bit on the price, enter a randomized allocation of the remaining unused tickets, late cancellations, and other non-check ins.
ALL seamless, all on the app. From the outside it looks like any other boarding situation but now we have a very good chance every single sold seat will be taken.
Can’t do that with existing systems, the methods of transfer are platform locked and even ones that offer API refuse to play with other services.
NFTs make a universal contract language that any business can use to transfer assets automatically and programattically in such a way that CANNOT be falsified
There is literally no other open source, cross platform solution that even comes close to offering 30% of this
And why do you think passengers who cancel last minute would be able to find a replacement passenger in time to sell their ticket to?
You can only achieve that if you … overbook in advance.
Blockchain isn’t going to change that.
You didn’t even bother to read my use cases…