NFTs are definitely going to be a big deal in the tourism sector, because a lot can be done with NFTs. NFTs can be used as ticket pass or rather can be used to give virtual view of a particular location. Makemytrip is a travel company in India who have decided to dive into NFTs. Making sightseeing fun as notable areas in Indiaare show cased through NFTs.
The name MakeMyTrip is just really cool and it makes the concept of NFTs really more cool and exciting.
NFTs are being used as a means of reward, which is gradually being accepted by people. If you are conversant with travala, the travel company that is helping connect tourism/travel with crypto also created an NFT reward mechanism where travelers get rewarded with travala NFTs.
The importance and use case of NFTs are being seen beyond just being a worthless jpeg you can screenshot. It’s now being seen as a valuable token that worths a lot and can worth a lot in the future. Every one likes free stuff, especially when they get rewarded for doing something. Imagine getting a valuable NFT for every time you travel, this time you don’t only look forward to visiting places but also look forward to getting rewarded. These NFTs aside having monetary value, can have a sentimental value of your travelling experience.
This will further encourage more people to travel, if they are more crypto travel companies that offer crypto services and NFT services, then the demand for crypto is expected to go high.
NFTs & Wars
In as much as NFTs are having us excited about travelling, NFTs are being used in wars to either help bring peace or rather help people out of wars. We can see that in the case of Ukraine. One thing the Ukraine war has shown us is how transparent crypto is. Through the wallet address displayed by Ukraine on Twitter, the world can see and track every money and transaction being sent to the account. This shows a great amount of transparency, but all the fiats that were promised have no records of being fulfilled. All we have to do is hope and trust the words of those who promised.
But we saw NFTs get used as a medium to raise funds for Ukraine and we also saw NFTs get donated to Ukraine. With the help of blockchain we can track these donations.This is proof that NFTs are being taken serious and can be used to solve greater problems rather than getting criticized as a worthless Jpeg.