December 22, 2024

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Significant Brands Such as Budweiser Are Increasingly Turning to NFT Technology

Major Brands Such as Budweiser Are Increasingly Turning to NFT Technology

An enormous number of organizations, including Budweiser, Pinkberry from there, the sky is the limit, are purportedly trying different things with non-fungible tokens (NFTs) to drive their dedication and prizes programs.

According to a report by CNBC, Web3 startup Hang is meaning to give a portion of the world’s biggest brands, like Budweiser, Pinkberry, and Bleacher Report, “the power of web3 through its NFT-based membership platform, using new reward mechanics and technology to increase customer loyalty and LTV.”

On July 14, Hang, sent off its “no-code platform for seamlessly creating and managing Web3-powered membership programs”, and announced a $16M Series A round drove by Paradigm. With Hang, “program managers can easily set up membership rules and logic, add benefits and rewards, and connect to third-party services.”

Hang’s declaration happened to say:

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