Flycoin is a cryptocurrency-based frequent flier loyalty program based on the novel concept of scarcity of points. Tokens in the program are known as FLY. Users can earn FLY, a reward that doesn’t expire, is easily transferable, and has an abundance of redemption options. Just as the fixed supply of bitcoin results in intense loyalty among those who hold it, so too will FLY among those who hold it – the frequent fliers of participating airlines, travel and hospitality partners. At first glance, FLY look and act just like regular frequent flier miles. But by being a real cryptocurrency under the hood: FLY can be earned via many partners, never expire, allow permissionless transfer and exchange, and allow travelers to delve into crypto with no risk.
