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Etihad Airways to release 1st non-fungible token collection

Etihad Airways to release 1st non-fungible token collection
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UAE - Mubasher: Etihad Airways, the national airline of the UAE, will launch its first non-fungible token (NFT) collection, ‘EY-ZERO1’.

The utility-driven collection comprises ten highly detailed 3D aircraft models, presenting the airline's Boeing 787 Dreamliner livery, according to a press release on Wednesday.

Including Etihad’s Manchester City FC and Greenliner-themed aircraft, a total of 2003 limited-edition collectibles will be sold at 6 pm (UAE time) on 21 July.

Etihad Airways will be partnering with Aerial.is to track the CO2 emissions of the NFTs, set to be minted on the energy-efficient Polygon blockchain.

The airline will also use all proceeds from the collection EY-ZERO1 to purchase sustainable aviation fuel in 2022.

The CEO of Etihad Aviation Group, Tony Douglas, said: "NFTs and other metaverse technologies are revolutionising the digital economy, and we are proud to be one of the first airlines in the world to explore their potential to provide additional utility for our customers."

Meanwhile, Douglas added: "As well as recognising the artistic value of our aircraft liveries, our NFT collection has been designed to be as efficient as possible and support our wider sustainability and decarbonisation efforts at Etihad Airways."