1505
What do you think will the tech bros jump on next? (feddit.org)
submitted 1 year ago by to c/memes@lemmy.world
483 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 0 points 1 year ago (1 child)

It's a bit chicken and egg. One of the reasons airlines overbook is because there is no efficient secondary market.

But overbooking is seen as a profit center (I.e. consumers lose out) so only low cost airlines looking to provide consumer value would have any interest in NFT tickets.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 2 points 1 year ago (1 child)

    They could set up an efficient secondary market if they wanted to, without NFTs.

    But they do not want to, so they will never use NFTs to do so either.

    Aiports overbook because there are always passengers that do not show up and they want to make sure their planes are fully booked.

    Those late/missing passengers arent going to sell their ticket to other passengers. So NFTs would literally solve nothing

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 0 points 1 year ago

    They could set up an efficient secondary market if they wanted to, without NFTs.

    They could, but NFTs are a cheaper, more secure way of transacting.

    Aiports overbook because there are always passengers that do not show up and they want to make sure their planes are fully booked.

    That doesn't have to be how they work.

    Those late/missing passengers arent going to sell their ticket to other passengers.

    What? They would love to.

  • permalink
  • fedilink
  • source
  • parent