Many airlines offer frequent-flyer loyalty programs to encourage customers to accumulate “miles” which airline customers can redeem to purchase air travel or other rewards. Points, or miles earned though those programs are based on complex rules, like class of fare, distance, season or the amount paid. There are also many other ways to earn points. For example, credit card issuers partner with airlines and award loyalty points or miles based on customer’s credit card usage. Points can be redeemed for air travel, ticket upgrades, booking hotels, car rentals, magazine subscriptions etc.
First Bitcoin Capital Corp trading on the OTC Markets as BITCF has developed a unique Blockchain based airline miles platform, allowing people to buy/exchange/trade/transfer miles without any restrictions, blackout days or other cumbersome rules that airlines impose on their programs.
Loyalty (Symbol: FLY) is the universal master coin exchangeable for all of BITCF's Omni loyalty tokens based on their respective market values.
This are miles and rewards that users have earned from airlines frequent travelers program and from hotel chains.
Loyalty coins allows people to buy/exchange/trade/transfer miles without any restrictions, blackout days or other cumbersome rules that airlines impose on their programs.
The minimum amount of loyalty coins (FLY) that can be bought at this time is 1000. That is equivalent to about $5. The maximum amount of loyalty coins (FLY) that can be purchased at this time is 10 billion. To purchase your loyalty coins (FLY) please visit http://www.loyaltyico.com/participate and follow the easy steps.
One loyalty coin costs: $0.005 ( payable in bitcoin, litecoin or ethereum equivalent). The minimum amount of Loyalty coins that can be bought is 1000 equivalent to $5.
The maximum number of coins to be issued is 10 billion FLY.
The total coins to ever be created is: 10 billion FLY.
10 billion coins.
First Bitcoin Capital Corp are the brains behind loyalty coin. First Bitcoin Capital Corp trades on the OTC Markets as BITCF. Being the first publicly traded crypto currency and block-chain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BITCF] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital crypto-currencies and block-chain technologies.
Currently 110 airlines and hotel change token rewards can be exchanged with the loyalty Coin (FLY). See list here. Please check the white paper to see the table containing them all.