Overbooking is a choice airlines make to maximize profits. It seems to me the main problem is that capitalism motivates airlines to maximize profits instead of transporting people to their destination.

Agreed. That's why it can only start with low cost airlines outside the US.

Also, the article you shared actually makes no mention of overbooking.

Unfortunately we can only speculate why they chose NFTs over traditional tickets.

I also have to point out that this article was written by and unnamed, "crypto believer," and self-published in Medium by an NFT company. It's not exactly a great source.

Don't shoot the messenger. There are other sources available via Google. And the airline website describes it as ticketing 3.0

My point isn't that they're useless, just that their uses are overstated and create a financial bubble.

Agreed. Monkey pictures were genius marketing but absolutely useless. A porche 911 NFT isn't much better. But real b2b use cases do exist (supplychain, green energy, shipping etc.).

Zuckerberg's VR investment cost Facebook $60 billion.

I think his gamble will pay off for AR. Glasses will be mainstream and will make phones obsolete.