> For the complete documentation index, see [llms.txt](https://dakolabs.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dakolabs.gitbook.io/whitepaper/nft-utility.md).

# NFT Utility

By collaborating with a top travel technology company, DAKO NFTs offer holders discounts on airfare bookings. Each NFT has a "Discount" trait that ranges from 10% to 100%. The Ticket Cap System Display shows the current cap for discounts and how often NFTs can be used. The value of your discount is based on the current ticket cap.

#### **What is a Ticket Cap?**

The Ticket Cap System Display represents the current ticket cap and the periodicity of how often owners can use their NFTs. The ticket cap will determine the value of your discount. For example, if you have an NFT that gives you a 50% discount and the ticket cap is set to $800, your booking total is $500. This means you will receive a 50% discount on the $800 cap, not on the total cost of your booking. In this scenario, you would save $400, leaving the total cost of your booking at $100.

*Ticket Cap Scale:* $300 to $800

*Periodicity:* Annually Semi-annually Quarterly Monthly

**Why a scale for the Ticket Cap?**

The ticket cap system was created as a safety precaution to minimize the possibility of liquidation by implementing a complex formula created by the devs. Enabling you to explore the world at extremely low costs. 

**Controls to minimize risks:**

*Current Ticket Cap* - The developers of DakoLabs control what the “current ticket cap” is set to.

*Periodicity* - The developers of DakoLabs control how often customers can use their NFTs for bookings.

*Access* - Only those that hold a DakoLabs NFT can access the booking widget. Our booking platform is not opened to the public. Only NFT holders will be able to utilize our platform.

These controls are in place so that the Ticket Pool is not liquidated and bookings are processed successfully.