Tiger Being claims to be the first in Asia to launch a private travel
club membership where those who buy the company’s NFTs can unlock exclusive travel experiences curated by the company.
The Hong Kong-based company has created a collection of 4,096 NFTs
which will be released for pre-sale on 31 March. From April, those who
hold a Tiger Being NFT can “mint” or make transactions with their NFT.
One thing that differentiates Tiger Being from other companies
creating and selling NFTs is that holders of Tiger Being’s NFTs will
immediately be recognised as a member of their travel club, which
promises “rooms in top-notch hotels exclusively reserved for members on a
long-term basis”, private yacht sailings, and travel-themed private
feasts, among other offerings.
Tiger Being’s members can flash their NFT as sort of a permanent
e-ticket for them to enjoy the company’s collaborations with hotels,
airlines, private yachts and other travel players. Some of Tiger Being’s
NFTs are more valuable than others, and allows members to combine those
alongside other NFTs of different value to upgrade their membership for
greater benefits.
According to Tiger Being's statement, "members can participate in a
series of exclusive experiences with their 'NFT pass', blending virtual
and reality worlds, and share the joy of travelling without any
restrictions."
What are NFTs and how can they create real-world experiences?
A non-fungible token (NFT) can be likened to an original piece of
physical artwork, only that it’s digital. Instead of getting a painting
that can be hung up on the wall, the buyer gets a digital file instead.
Housed within every digital art piece is a unique and
non-interchangeable unit of data that establishes proof of ownership,
which easily allows for the NFT to be deemed authentic or not when it’s
sold or traded on the web. Studying its metadata can ascertain its
authenticity much like how one would call in art connoisseurs to analyse
the brushstrokes, canvas, and other elements on a painting that would determine it
was indeed painted by Leonardo Da Vinci himself.
Non-fungible means that it cannot be replaced by another identical
item. While you may be able search for the NFT’s image on Google, it
isn’t the original NFT because it doesn’t contain the unique data stored
in the original NFT. Much like how you can print out a copy of the Mona
Lisa, but of course, that will not be able to be passed off as the real
deal and will hold no value, as one can see that there are no actual
brushstrokes.