How can NFTs be used by companies
Non-fungible tokens (NFTs), also called Digital Collectibles, can be used by companies in many ways including loyalty programs, gated experiences, ticketing, and so much more!
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Digital Collectibles are virtual items, typically art, media, or a digital representation of a real world asset (e.g. trading cards) that can be owned, traded, and used in blockchain applications.
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Brands like Starbucks and Boba Guys issue digital loyalty programs to offer customers unique brand experiences such as private menu items and redeemable rewards using NFTs.
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eCommerce platforms like Shopify allow store owners to create private storefronts that only members can access after proving they own a digital collectible. This way, brands reward their true fans with unique access to merchandise and experiences.
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With the NFT space blowing up recently, we’ve been dealing with a lot of growth and traffic, but our blockchain infrastructure has been extremely reliable thanks to Alchemy.
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Yash Nelapati
CTO, Makersplace
Your next NFT project 🤝 Our developer suite
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Understanding NFTs
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Reach out to us if you are interested in getting involved with NFTs or currently building an NFT project using Alchemy.
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