Crypto is growing in terms of adoption and it's good because this is what is needed for the crypto to get even bigger. Now crypto and blockchain are not just something to trade and make money out of it instead it has become a bigger ecosystem. There is a lot of development and innovations which is making it more popular because it's giving us options to choose as per our interest. Be it gaming, trading, staking, DeFi, NFT, and many more things that we have here and we can choose one or more to be part of the crypto ecosystem. With such announcements when big companies and brands announce to enter crypto makes a positive impact. Recently Gucci announced to start accepting crypto as payment and there have been many earlier and probably many more in the coming months.
There is another big news Emirates Airlines will start accepting bitcoin as payment and they will also launch their NFTs which will be tradable in their web portal. This is beyond crypto acceptance as they are not just going to accept crypto but also they are also going to launch NFT. We know that this year NFT is trending and doing well. Emirates is a leading airline from UAE that operates globally and with this crypto community will have the option to pay by crypto for their services and if they offer some promotional benefits then it will be even better to bring more demand in crypto.
Emirates, the largest airline in the United Arab Emirates (UAE), announced that it has plans to implement Bitcoin (BTC) payments and launch nonfungible tokens (NFTs) to be traded through the company's websites
Dubai seems to be doing good in crypto as recently crypto adoption was announced by a real estate company and now aviation is taking a lead. This is a big industry and if crypto is used for making payments then for sure it will increase the demand.
Travala.com is a website where we can book travel and hotels using crypto but we need more such initiatives and companies to make it more popular so that not just crypto lovers but also the people who are not in the crypto start doing it. This is going to be easy and probably great if they launch their NFT with some interesting use-case that may reward users through the loyalty program. NFT with use case gets more attention and if this happens it's likely to happen that this will be adding more value to the crypto ecosystem. If this trend is followed then more airlines may think of doing the same and no matter if the market is bearish but the ecosystem is growing and creating more demand.
Thank you so much
Stay Safe
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I saw a few mentions of this on twitter and it's big news, but obviously Luna has gotten a lot of attention, sort of drowning out this story.
Glad you wrote about it! Thank you
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True that Luna news is in trend these days. First it was for loss and now its for recovery plan and because of Luna this big news is king of not getting the attention it deserves. Emirates is such a big aviation brand and it can add great value to crypto. thanks for adding your valuable comment.
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This a very good news at this time.
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Yes, it is for sure.
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Of course… when Bitcoin then NFT. Recently there was even a race bike launched that came with an NFT 😅
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NFT is getting lots of attention these days.
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Yeah for real! Soon you'll get one when buying a carton of milk ;-)
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That's big news! I'm also wondering about the use case of their NFTs, is there any other than holding and trading.
Perhaps getting bonus air miles for holding would be something or some hotel discounts...and a way to the first class of course!
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Its a big news indeed and the usecase of NFT is something that I am waiting looking forward to. I expect that this will not be just a tradable stuff rather there will be much more and even discount or loyalty benefits etc
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yes, I would also imagine it would be something like that.
I'm curious to see how they use NFTs. Maybe they'll be used as tickets themselves, maybe as memberships for discounted flights.
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Same here. Lets wait to see that they unfold in coming months about the usecase
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This is a good news especially in times like this when their is FUD but this will actually breath more life into btc.
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Right and this will bring many people in crypto.
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That's amazing! Another big one getting aboard the crypto payment train!
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I think after Gucci this is a big one.
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One thing that are yet to be understand is that Crypto is growing wide and a lot people are accepting it as part of their daily transactions. Remember, when a entered one of the shopping mail and I was asked if I want to pay with crypto and I was wow! It has gone viral to be accepted like this. The crypto and blockchain are not just trading platform but it is a an ecosystem with universal endowment. This is a welcoming development in affiliation axis which which brings other development, inventions, innovations and investors.
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true that crypto is growing and I wish to be in a mall where I get option to pay crypto. Would love to pay through crypto
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thanks
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