Tokenizing real-world goods and services
The NFTs are randomly assigned to customers upon purchase of a gift card on Cryptorefills and include a spendable balance of up to $500, redeemable on the Cryptorefills platform for various products and services. Each NFT has different rarity levels that determine the amount of the spendable balance.
“We leveraged our new NFT technology and worked with St-Art and Yassa to develop a web3-style marketing and loyalty program that is more personal and valuable to our customers. Furthermore, our new technology used for this collection opens new horizons and business models, intercepting various trends in blockchain,” said Massimiliano Silenzi, CEO of Cryptorefills.
“These range from adding some form of real utility to NFT collections, brand Web3 loyalty programs and using blockchain to tokenize claims on real-world goods and services,” he added.
“St-Art was born out of the need for an art space where artists can thrive and art collectors feel supported. We believe that art should be accessible to everyone and free from boundaries,” says Carlo Tozzi, founder and art director of St-Art.
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