NFT Reservations: Instead of canceling your hotel reservation, you can now resell it as a non-fungible token (NFT).
Takyon, a startup based in Italy, has just launched a new NFT booking system. The company’s goal is to transform the way people plan their trips.
NFT bookings are resalable, which means that in case the customer wants to cancel their trip, they can simply sell it to someone else. A concept that will undoubtedly be highly appreciated, especially in this economic context characterized by uncertainty and volatility.
When a customer reserves a “resalable stay,” the company generates a non-fungible token representing that reservation. Thus, the customer can easily resell their reservation to anyone and anywhere in the world. This, without knowing the buyer, without even having to establish a relationship of trust with him.
Immutable tokens in the service of tourism
Takyon is an innovative startup managed by three young entrepreneurs: Antonio Picozzi, Giuseppe Monteleone and Niccolò Francesco Marino. The trio’s aim is to change the travel booking market in Italy. Within days of its launch, the company had 5,000 followers on Instagram and over 1,300 visits to its website.
Takyon hopes to become the leader in NFT bookings for stays and experiences. This, offering its clients a flexible, stable and unique service.
The company can convert a booking into an NFT by removing the buyer’s name and making it resalable. However, it charges a “resale fee”, which is non-refundable. However, these are 20% lower than the rates for standard refundable bookings.
NFT bookings: a win-win system
Antonio Picozzi, CEO and co-founder of Takyon, believes that tourist establishments, including hotels, need a new paradigm “that simplifies the procedures used for years”. Mr. Picozzi believes that immutable signs are the missing piece of the puzzle.
“We want to create a new paradigm in the travel booking system. This, by moving from the current model of nominal reserves to reserves in the form of NFTs. In this way, our users will be able to share trips and create unique experiences and memories.”
For his part, Giuseppe Monteleone, co-founder and marketing director of beginningprefers to talk about the advantages rather than the changes.
“It offers many benefits to everyone in the travel industry and our partners support us. A few days ago we launched the first NFT with Grand Hotel Victoria. This is an emblematic hotel located near Lake Como [en Italie]. Other partners join us to take advantage of the exclusive advantages that our network offers.”
An opportunity for speculators?
As in industry Tickets NFT speculators can start buying vacation packages months or even a year in advance. They will then have the opportunity to resell them to people who plan their vacations at the last minute and who will be willing to pay double for these packages.
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