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

Almost Every Social Media Company is Adding NFT Features

  2022 appears to be the year when NFTs gradually enter the mainstream social media market. In January, Twitter launched NFT-based verification of profiles, and at the end of May, Instagram announced NFT in-app options. Just a week after, Linktree joined the group. The link-in-bio service has partnered with OpenSea to add a number of NFT-related features to its platform.More Latest NFT News . Connecting Web2 users to Web3 projects More than 23 million Linktree users now can use three new NFT tools to connect their Web2 customers with their Web3 projects. First is an NFT Gallery Link. This tool allows users can show the gallery with up to six NFTs within their Linktree. At the moment, just those using the Metamask wallet and OpenSea marketplace are available for this feature. However, Linktree says that more options are forthcoming. NFT GALLERY. SOURCE: LINKTREE Many NFT holders have built online identities based on their work, using them as PFPs on social media websites such as ...
Post a Comment
Read more

NFT 2.0: How Soulbound Tokens Could Change Your Life

Vitalik Buterin, best known as one of the co-founders of Ethereum, has a major new Web3 project under development. In the whitepaper called "Decentralized Society: Finding Web3's Soul," Buterin and his co-authors outline their vision of a distributed society (DeSoc) and how they can bring it into possibility. Their suggestion? We'll need to develop something known as " Soulbound Tokens " (SBTs). In the main, SBTs are not transferable identification and reputation certificates. They enable people to verify their personal information -- such as their educational background, work history, credit score, medical history, professional certificates, and more. -- by using blockchain technology. The concept is highly discordant. Some believe that SBTs are a more efficient and reliable way to verify the authenticity of the information. Some compare it with China's dictatorial social credit system . Which is the more realistic view? It isn't easy to decide. I...
Post a Comment
Read more