“BitMiles (BTMi) – the official cryptogenic equivalence of frequent-flyer miles (which is known to be more valuable than money). BitMiles can be used as a means of exchange and a store of value (very much the same as your traditional flyer miles).
Our plan with BitMiles is simple – real-world use and business adoption!
We aim to grow BitMiles into becoming the preferred (cryptogenic) ffm alterative, globally
BitMiles will not be strapped down to a specific airline (can be used with/by any airlines that choose to partner with, and adopt the BitMiles program
BitMiles holders will eventually (our aim) be able to redeem their BitMiles for air travel, air travel discounts (such as lounge access, class upgrades and additional benefits), and everyday goods and services (groceries/restaurants) – similar to your traditional ffm
Unlike your traditional ffm, BitMiles will be non-unidirectional – allowing the back and forth exchange from BitMiles to/from fiat currency (meaning that you can buy/sell BitMiles without any hassle)
BitMiles may be distributed by CC companies (as well as any other BitMiles partners) as an incentive – allowing you to obtain BitMiles (without having to participate in the actual mining thereof)”