Qantas has abolished its own NFT. The airline teased the news an hour ago (at the time of writing) on Twitter, stating that “a new way to own part of Qantas’ history is underway.”
Qantas added: http://qantas.com/NFT About updates leading up to the release. ”
Australia’s leading airlines said on their website: A new set of digital art collections is being prepared for release as a non-fungible token (NFT). ”
Qantas did not say exactly when the NFT will be released (although it said it would be “mid-year”), but it did explain how the NFT works.
“Using blockchain technology, each piece of digital artwork will be able to buy, own, collect and sell its own tokens,” said Qantas.
“The first buyers of the world’s first Qantas NFT will be able to earn Qantas points ^, and more exciting future benefits are underway for Qantas NFT holders.”
Those interested in participating in NFT actions are encouraged to register for details and updates prior to the mid-year release.
The opinion of the history-making Qantas NFT has so far been negatively rated on Twitter. The comment was rolled in as follows: Which Arsehat decided this was a good thing? And “Wow, you really like to make your CO2 emissions flexible” (another wrote: “Thousands after getting billions of Australian taxpayer subsidies.” Make a Qantas nft to fire a worker. “).
Do better than this fraudulent terrible thing for the NFT trend in your environment. pic.twitter.com/Y2mmR3uvls
— Gray Hall (@HallGrae) March 20, 2022
I know you’re an airline, but you didn’t realize you hated the environment so much. pic.twitter.com/k0YEfQ9yZx
— Andrew Garrett (@werdnum) March 20, 2022
Many of the complaints focused on the environmental impact of NFTs.
No, please do not. There is no such thing as a good NFT. All possible benefits (and I don’t want to start discussing it), such as “Green Tier” or offset flights, are completely canceled by this.
— David Wengier (@davidwengier) March 20, 2022
At the time of this writing, there aren’t any positive comments on the announcement’s Twitter thread yet (but to be fair, it doesn’t last long, and Twitter is usually a negative barometer of public opinion).
Please reconsider this. NFT is the worst.
— Adam Kent (@akent) March 20, 2022
Nonetheless, it raises major ethical issues for both airlines (and their “buy back” approach to emissions) and the broader crypto industry. Is this the price of progress, or is it one step too far?Even Tesla, famous for both the attitude of the founder Messiaen and environmental protection, discovered it. Things that are difficult to work on…
If you claim to be so attentive to the environment (see the recent “Green Tier” introduction), NFTs that have proven to be very terrible for the environment based on very high energy usage. Will you go on the road? Terribly irresponsible.
— Marty K (@_marty_k) March 20, 2022
Oi @ Qantas, Id love to talk with the team about doing this more efficiently. Since yall has been offset for 10 years, NFTs have better options than what you are doing. https://t.co/Bou5pJ5poj
— Jay-Z (@jayzalowitz) March 20, 2022
Qantas’s mid-year NFT release is still inadequate, so it’s possible that airlines have some carbon emission offset system to support NFTs. Therefore, I will keep an eye on it.
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