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FlyCoin, Inc., a cryptocurrency-based travel rewards technology company announces the closing of their oversubscribed $33 million seed round.
FlyCoin’s revolutionary technology infrastructure provides companies in the consumer loyalty space – including travel and hospitality, insurance and benefits, financial services, and more, with a powerful, turnkey solution to incentivize users in a more customer-centric way.
Led by Bitcoin pioneer Josh Jones, the oversubscribed seed round solidifies FlyCoin’s place as a rewards and travel-tech leader.
Northern Pacific figures leisure travelers won’t mind making a connection in Anchorage to save 20% on fares.
Soon, cryptocurrency tokens will replace the miles that frequent flyers currently accumulate before exchanging them for free flights. At least that’s the thinking of startup FlyCoin, which has presented its concept to various airlines.
FlyCoin, a cryptocurrency exchange and vendor merchant, has announced that it will be rewarding frequent flyers with crypto tokens rather than air miles.