FlyCoin

Flycoin operates a unique frequent flier loyalty program that leverages cryptocurrency to reward customers. The company serves airlines, travel, and hospitality partners, providing their customers with FLY, a crypto-based reward. Unlike traditional loyalty points, FLY is scarce, transferable, and has numerous redemption options, making it a tangible asset for users. Flycoin's business model revolves around partnerships with airlines and travel companies, such as Northern Pacific Airways and Ravn Alaska, where customers earn FLY for their transactions. The company generates revenue through these partnerships and the increasing value of FLY, which is pegged to a Floor Redemption Value (FRV) that rises annually. Flycoin aims to enhance customer loyalty by offering a reward that holds real value and can be used broadly.

Keywords: crypto rewards, frequent flier, loyalty program, transferable points, travel partners, tangible asset, Northern Pacific Airways, Ravn Alaska, Floor Redemption Value, abundant redemption.