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Council Post: What Companies Should Know About Web3 Loyalty Programs

  • Article
  • Mar 3, 2023
  • #Web3
Nitin Kumar
@nitkumar
(Author)
www.forbes.com
Read on www.forbes.com
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With its re-envisioning of the ownership economy, Web3 offers new avenues to explore with loyalty programs and points. By offering consumers the chance to truly own something as pa... Show More

With its re-envisioning of the ownership economy, Web3 offers new avenues to explore with loyalty programs and points.

By offering consumers the chance to truly own something as part of a loyalty program—such as an NFT, for example—they may be more likely to become fully invested in the company, which could translate into higher brand loyalty. This is just one of the reasons many brands—like Gap, Starbucks and Clinique—have started to explore Web3 for driving value through loyalty programs.

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LOOPX.ETH @LoopxNFT · Apr 27, 2023
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wrote a very interesting article about Web3 royalty programs.
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