RE: Could Hive Revolutionize Marketing? by jfang003

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hive-167922 · @jfang003 · Mar 3 '21

$0.03

Besides just tokenization, I think NFTs are a viable good option for companies. You don't need to just reward in tokens as NFTs can also be rewarded. In some ways, gamifying tokens on WAX is the best way to look at things. You can sell the tokens, you can back the tokens with actual crypto or you can even build a system to return crypto for staking the NFT.

I like to think of it as what I heard in CTP, give people a life-time's membership and teach them how to learn. In turn, you can use what they give you and compound that into growth. If both people are happy, then you can  have some great supporters who will interact with the community from time to time.

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@taskmaster4450le · Mar 3 '21

NFTs are certainly becoming a thing.

Did you see that the Kings of Leon are going to be selling NFTs tied to their next album release?

They are going to have different levels that people can buy in, with a limited offering.

Smart move to tap into the collectible market while generating some cash for themselves.

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@jfang003 · Mar 4 '21

Yea I saw the Kings of Leon. The limited time offer adds value to these NFTs and I can definitely seeing hardcore fans buying them up at a premium. At this point, some whales are just buying up everything on the market before the hardcore fans get on board. In fact, games are making a killing off selling item packs or even fan art. Since everything is digital, costs are minimal.

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