An NFT is a one-of-a-kind digital collectible. The NFTs ownership is authenticated and verifiable by the blockchain, a technology used for things like cryptocurrency. That means while copies of videos, images and even animated gifs can multiply on the internet, there can be only one with a certificate of authenticity. Like other collectibles, you can buy, sell, and trade them.
When your customer redeems their NFT, you’re immediately creating a new engagement channel with them. The reason customers value NFTs is that they enable a vast array of additional activations including exclusive access to events, promotions, and discounts that we discuss in depth below.
Notify your customers they have a gift waiting for them (for example, via email or social media)
Collect information from your customers upon checkout to use for cross-channel marketing purposes at a future date.
Create exclusive access for your token holders for future activations by providing discounts, early or exclusive access for future NFT drops and IRL events.
Understand who your top collectors are and reward them with additional tokens or IRL rewards.