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.
NFTs would prove to the customers that their flight is not being overbooked.
but why would they want to do that if the intention is to overbook
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.
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
They could, but NFTs are a cheaper, more secure way of transacting.
That doesn’t have to be how they work.
What? They would love to.