Key Points:
This groundbreaking app empowers over 4 million Shopify merchants to implement loyalty programs using blockchain technology directly from their storefronts. Powered by the Ethereum sidechain Polygon, the Web3 Rewards Tools app offers brands the opportunity to foster stronger connections with customers through NFTs and gamified experiences.
With the Web3 Rewards Tools app, brands can issue token-based rewards, leveraging the benefits of blockchain technology to enhance customer engagement. Additionally, businesses can tap into existing NFT collections such as Bored Ape Yacht Club or CryptoPunks, allowing them to release token-gated products and offer unique incentives to their customer base.
Co:Create’s application aims to onboard more brands into the web3 rewards ecosystem, enabling them to leverage the power of blockchain and NFTs to create immersive loyalty experiences for their customers. While Co:Create is an innovator in this space, it’s worth noting that other platforms have also ventured into bringing web3 rewards to Shopify. In March, Try Your Best (TYB), a community engagement platform built on the Avalanche network, launched its application on the Shopify app store. This integration provided brands with the opportunity to implement NFT-based loyalty programs seamlessly within their Shopify storefronts.
By integrating blockchain technology into loyalty and rewards programs, businesses can unlock new possibilities for customer engagement and loyalty. The utilization of NFTs and gamified experiences adds a layer of excitement and exclusivity, enhancing brand loyalty and customer retention.
Co:Create’s launch of the Web3 Rewards Tools app on Shopify, powered by Polygon, signifies a significant step forward in the adoption of blockchain-based loyalty solutions. As more brands embrace the potential of web3 rewards ecosystems, we can expect to see a transformation in customer loyalty programs, providing unique and immersive experiences for shoppers.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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