Do You Need web3 in your loyalty program?
Short answer : Maybe.
But the real answer lies in understanding your objectives.
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Restaurant loyalty by blackbird : The most interesting business case in web3
Royalties are automatic payments to the original creators of NFTs each time their token is resold on a secondary marketplace. The royalty percentage is set during minting, typically 5-10%.
In a bold move to integrate fashion with the latest digital innovations, Maison Margiela has ventured into the realm of Web3 and NFTs (Non-Fungible Tokens).
Maison Margiela’s gamified NFT operation is a groundbreaking project that allows participants to engage in an online game to collect digital tokens.
The operation is designed as an interactive game, where participants vie to collect a series of 24 unique digital tokens.
These tokens, numbered 0 to 23, are not just collectibles but symbolize the brand’s iconic numeric coding.
The game’s mechanics are both simple and ingenious. Participants have 60 seconds to “mint” or collect a token.
Once a token is minted, the countdown restarts, making the competition fierce yet equitable.
The rarity of tokens varies, with some numbers having thousands of pieces available, while others, like ’23’, are limited.
This structure creates a sense of urgency.
In the realm of Web3, where the focus is on decentralization and revolutionary blockchain applications, it’s intriguing to observe that some of the most groundbreaking advancements are emerging from unlikely and often underestimated regions.
While Europe, China and the United States have long held the reins of technological innovation, it is the emerging economies that are now pushing the boundaries of possibility, reshaping the future of finance, marketing and Insurance through innovative use cases.
Innovation in the Fast Lane: Renault’s Web3 Merges Automotive History with Digital Future
We tend to forget that the first #web3 browser was created in…
The fusion of Web3 technologies with the hospitality sector marks a pivotal shift in how hotels interact with their customers. This integration not only promises enhanced experiences but also opens doors to novel revenue streams and operational efficiencies.
As these technologies continue to evolve, the hospitality industry stands on the brink of a digital revolution : Web3 loyalty, one that promises to redefine the essence of travel and accommodation.