NFT Marketplace TravelX Launches With Tickets From Low-Cost Argentinian Airline Flybondi

The platform hopes to offer the inventory of 60 more airlines within the next 12 months.

AccessTimeIconSep 22, 2022 at 9:49 p.m. UTC
Updated May 11, 2023 at 4:23 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

TravelX, a marketplace for tokenized travel products, went live on Wednesday with the offering of inventory of the low-cost Argentine airline Flybondi.

The platform currently offers 2.5 million tickets, which are tokenized when purchased and converted into non-fungible tokens called NFTickets, TravelX Chief Blockchain Officer Facundo Martin Diaz told CoinDesk.

After acquiring an NFTicket, a customer can auction, sell, transfer, gift or exchange them through a peer-to-peer system on TravelX, Diaz said.

To purchase tickets on the platform, users can fund the TravelX wallet — which also serves to manage the NFTickets — or pay via Binance Pay. Diaz added that the company is in talks to integrate other exchanges.

TravelX is built on the Algorand blockchain and made its infrastructure open so that other companies – such as exchanges or marketplaces – can use TravelX's APIs to create their own marketplaces.

Within six to 12 months, the platform hopes to incorporate the inventory of more than 60 airlines, with a special focus on Latin American and European operators. In 2023, Diaz said the company will focus more on the U.S. and Middle East.

In November, the company closed a $11 million seed round led by Borderless Capital, said Diaz, who added that it plans to raise a Series A funding round early 2023. The company has 85 employees.

TravelX was founded by Diaz and Juan Pablo Lafosse, who previously founded, a tourism marketplace sold to CVC Corporation for $75 million in 2019.

As of now, the platform allows transactions using the USDC stablecoin and has no plans to incorporate other stablecoins, although it could eventually integrate coins developed by airlines, Diaz added.

TravelX charges no fee when a user purchases a ticket on the platform, but it does receive 2% when a transaction is made on the platform's peer-to-peer secondary market, while airlines keep another 2%, Diaz said.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Andrés Engler

Andrés Engler was a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC and ETH.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.