Takyon is a new platform that allows users to book travel using NFTs. This system has many benefits for both travelers and businesses in the travel industry. It’s set to onboard new users into blockchain technology by providing a user-friendly exchange for reserved bookings.The travel industry has not quite adopted NFT technology to the same degree as other industries. However, with the recent announcement of Takyon’s new NFTs, that may change. To better outline the importance of this NFT bookings exchange, it’s helpful to first identify the problems that the current travel and hospitality industry faces.<h2 id="header-0">What Problems Do Takyon NFT Bookings Solve?</h2>Traditionally, canceling reservations would result in a loss for both the traveler and the business. With <a href="https://takyon.io/en" rel="noopener noreferrer nofollow">Takyon</a>, customers can now recoup some of their losses by selling their NFT bookings on the secondary market.Through Takyon’s partnered travel channels, customers can opt to select an NFT booking that can be redeemed via email after purchase. These non-refundable NFT bookings are about 20% cheaper than regular bookings. This is because it saves the business money by ensuring that someone will be able to enjoy the space. It also prevents chargebacks which costs the hotel industry substantially in processing fees.By providing a liquid market for travel bookings, customers can also feel more confident about making plans. They can now book their dream vacation without having to worry about losing money if something comes up.Last-minute travelers can also find better deals on NFT bookings. This is because other travelers that have canceled plans will likely lower their listed NFT price to ensure a sale. As you can see, everyone benefits from this system that Takyon has created.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1d0e8e0b79eb46c0836a708a5066faf7.jpg" />Read <a href="https://nftandgamefi.com/2022/10/24/takyon-nft-travel-booking/" rel="noopener noreferrer nofollow">full article on our site here.</a>

Takyon: A New NFT Usecase For The Travel Industry

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