NFT
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards instrument Faucet Community to assist massive corporations join with their shoppers in Web3.
As part of the launch, OneOf is launching the OnePlatform, a turnkey choice for corporations trying to increase into Web3 that mixes components of e-commerce, information and loyalty applications.
Faucet Community, based in 2018, permits shoppers to redeem loyalty factors for cryptocurrencies. It has partnered with corporations comparable to web browser Courageous, rideshare firm Uber, leisure agency Warner Music Group and extra.
Lin Dai, CEO and co-founder of OneOf, advised CoinDesk that integrating Faucet Community will assist onboard extra corporations and clients into Web3 by way of e-commerce.
“The use case of accumulating a branded [profile picture] may be very removed from the typical client’s life,” mentioned Dai. “What OnePlatform can do is construct a subsequent technology loyalty resolution.”
Dai advised CoinDesk that OnePlatform will embrace a multi-signature pockets, permitting Web3 natives and newer customers alike to entry and take possession of their digital identities.
“For enterprise corporations, we predict it is a very legitimate step in direction of decentralization for the corporate to personal their full stack,” mentioned Dai.
OneOf has traditionally been a outstanding participant within the intersection between music, leisure and Web3. In November 2021, it signed a three-year partnership with the Grammy’s to create NFTs for the annual music awards. In February, OneOf introduced on former Warner Music Group CEO Stephen Cooper as a board member, advising the corporate in forging partnerships to strengthen its Web3 presence.
