In this week’s edition of our newsletter, we delve into intriguing developments in the world of Non-Fungible Tokens (NFTs) and the metaverse. From German flagship airline Lufthansa’s pioneering use of NFTs as a means to reward its loyal patrons, to a captivating moment when renowned soccer superstar Cristiano Ronaldo hinted at his forthcoming NFT ventures during a lie detector examination. We also explore the compelling argument put forth by a law professor regarding the taxation of the metaverse and its potential to become a digital tax haven. Furthermore, we investigate how the fusion of Artificial Intelligence (AI) and NFT technology is revolutionizing personalized learning experiences for children. Lastly, we highlight this week’s Nifty News, featuring the astonishing sale of a Mutant Ape NFT for a staggering sum of over $800,000, amidst an ongoing bearish trend in the market.
Lufthansa Introduces Innovative NFT Loyalty Program on Polygon Network
Lufthansa’s innovation division has joined forces with its frequent flyer program unit to introduce “Uptrip” — an innovative NFT-based loyalty program that operates seamlessly on the Polygon network. This groundbreaking initiative allows steadfast Lufthansa customers to unlock enticing rewards by transforming their travel experiences into unique NFT collections.
