Japan Airlines NFTs can turn you into a samurai
Air transport group Japan Airlines dips its toes into nonfungible tokens (NFTs) through a collaboration with marketing firm Hakuhodo on a project called Kokyo NFT.
On Feb. 5, the airline service announced it would continue collaborating with Hakuhodo to facilitate a second round of experiments within the Kokyo NFT project, following its initial testing phase earlier in February.
The collaboration aims to tokenize local experiences and real-world assets (RWAs) into NFTs. The firms have also continued their discussions on how to build a “value creation story” that would lead inbound and domestic visitors to enjoy local experiences.
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The project’s website also highlights that it aims to help holders “develop deeper connections with local communities.” This includes being a member of a samurai family while staying at a traditional samurai mansion and immersing in samurai culture and traditions.
NFTs outperformed Ether in January
Meanwhile, NFT indexes show that the digital collectibles space outperformed the gains of Ethereum in January, the top blockchain for NFTs in terms of all-time volume.
On-chain insights platform Nansen’s NFT-500 index showed a 9.35% gain by the index from Jan. 1 to Jan. 31. The analytics platform’s Blue Chip NFT index also showed similar gains of 9.76%.
Ether price index from Jan. 1 to Jan. 31. Source: Cointelegraph
Ether (ETH) went from $2,238 at the start of January to $2,291 at the end of the month, according to data from Cointelegraph. This marks a 2.3% gain for the crypto asset throughout the entire month.
Related: GoDaddy to charge $0 for ENS .eth name pairing
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