Skip to main content

Blue-Chip NFT Holders Are Now Eligible for an IRL Rewards Program

  

Blue-Chip NFT Holders Are Now Eligible for an IRL Rewards Program
Image Source Google Images 

  • A Wednesday press release announced AssetDash's launch of DashDeals. Similar to AMEX Rewards from Web2, a rewards program based on assets.
  • With DashDeals, you can receive rewards instantly for DeGods NFTs, CryptoPunks, Bored Apes, Moonbirds, and other high-end NFT projects.
  • In addition to iTunes, Nike, and GameStop gift cards, NFT holders can enjoy Apple gift cards, Nike gift cards, GameStop gift cards, and Discord Nitro subscriptions.

Why it matters

NFTs are no strangers to the promise of utility. There are even some who argue that imposing utility on an NFT project can hurt its quality. For new NFT projects entering the market, utility remains a top priority - particularly for corporate-backed projects.

However, most buyers of things expect to be able to use them after they purchase them. As a result, numerous projects have served as membership passes in the past. There will be a message saying, "Buy our NFT, and you'll get X perks in the future."

If a third party stepped in and provided tangible utility to holders of NFTs, what would they do? DashDeals aims to accomplish exactly that. In addition, Asset Dash hopes to promote first-time Web3 adoption by encouraging brands to use its platform. AssetDash Matias Dorta said in a press release that DashDeals gives investors easy access to hundreds of deals based on assets they own.

What’s next

With Bored Ape Yacht Club being a large, well-respected organization, owning one of these eye-wateringly expensive NFTs also confers an intangible advantage. The community. All community activities will be available to you once you join the Bored Ape Yacht Club and purchase a Bored Ape NFT. Whenever a member is logged into bored Ape, their IP address is available to them to use however they desire.

An NFT from Bored Ape sounds like a great opportunity. Considering utility is an important consideration for every NFT project. It is even possible for NFT projects to be so intangible that they don't even provide any value other than artistic merit. DashDeals hopes to provide holders with more reasons to hold onto their NFTs instead of simply viewing them as speculative assets. Duncan Cock-Foster, founder of Nifty Gateway, said last August that the NFT space needs to move beyond its mainly speculative nature. You may not want to sell your blue-chip NFT even if it is currently free, since Disney Plus membership will be free in the future.

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

What are Gas Fees and How Can We Fix Them?

Blockchain transactions were very affordable prior to 2020. With the rise of Web3 & NFTs, mandatory blockchain transaction charges -- also known by gas fees -- are now the greatest barrier to mainstream adoption. Network congestion is what determines the gas price for blockchains like Bitcoin or Ethereum. The network congestion is the reason why the gas fees are higher for more people. Web3's ethos of inclusivity and democracy means that this fundamental scaling problem largely challenges those core tenants. Although gas can seem quite simple in concept, it can be quite complicated under the hood. This explanation explains gas fees and how they work. It also explains what Ethereum and other Blockchains can do to make them cheaper. What's a gas charge?   Gas fees, as defined in our dictionary are payments made to complete transactions on a blockchain. These fees are paid to blockchain miners to cover the computing power required to verify transactions on blockchain. These ...
Post a Comment
Read more

Can a Major Esports Network Convert NFTs’ Biggest Detractors?

There's more to NFTs than just the dynamic PFP projects you might stumble across when browsing social media. For many, the traditional view of NFTs is rooted in a discipline very different from the realm of arts: play-to-earn (P2E) games . This is particularly true for Asian countries, where P2E games like the struggling Axie Infinity were the most popular in the recent study conducted by CashNetUSA that analyzed the top sought-after NFTs according to region.  Then there's TechStorm , a Singapore-based digital esports platform that intends to act as an international hub on Web3, which will facilitate collaborations ranging from gamesfi (gaming along with decentralized financing) droppings of NFTs DAO formation, and other things, according to the latest press release . Asia's burgeoning NFT market To develop Asia's Web3 services, the geographical location is crucial. CashNetUSA's analysis found Singapore as the most fascinating country for NFTs, per aggregated user ...
Post a Comment
Read more