Decentralized Social Media’s Impact on Marketing Innovation

Two successful brands in the market right now are Coinbase and 9dcc, a fashion brand founded by G-Money. 9dcc is a prime example of a brand that has truly grasped the concept of integrating offline, online, and on-chain experiences for its customers. Let’s delve into Coinbase first.

Coinbase, as a publicly traded company, has introduced a unique concept by releasing their earnings report as an NFT collectible for free. This innovative move allows anyone to mint the report, and those who do so receive discounts at their merch store as well as exclusive perks such as access to limited edition hats that are only available to those who minted the report.

This strategy beautifully demonstrates the seamless connection between the offline, online, and on-chain components. The physical goods represent the offline aspect, the shopping experience for buying or securing the goods represents the online aspect, and minting the earnings report on-chain represents the on-chain element. By putting their story on-chain, brands are able to create a more engaging and interactive experience for their customers.

spot_img

More from this stream

Recomended

Saudi Arabia’s Growing Influence: How Mediating the Ukraine Conflict Elevates Its Diplomatic Standing and Positions It for Future US-Iran Dialogues

Discover how Gulf state's perception as a neutral country has enabled it to become a key diplomatic player in the Ukraine-Russia war, while also advancing its own interests. Source: The Converser.

Superheroes Unmasked: Exploring the Jewish American Experience Through Comic Book Artistry

Discover how Jewish American artists shaped the comics industry, revealing deeper themes of assimilation and acceptance in beloved characters. Explore these insights from The Converser.

Into the Abyss: Discover the Untold Impact of COVID on a Hidden Amazonian City – Podcast

Discover the surreal story of a Peruvian city in the Amazon jungle during the first wave of COVID, as shared by researcher Japhy Wilson on The Conversation Weekly podcast. Tune in for an eye-opening exploration of these unique experiences.

“30-Day Ceasefire Proposal Signed: Will Putin Take Action Next?”

Discover how Vladimir Putin navigates the challenge of balancing a reset with the US while seeking greater military success on the battlefield. Insights from The Converser.

Unraveling Collard Greens: A 10th-Century Recipe and a Cabbage Thief’s Tale That Redefine Their Journey to the American South

Discover the fascinating journey of collards from southern Morocco to America, exploring their history as a vital vegetable brought by early Muslim traders. Learn more about this agricultural tale with insights from The Converser.

Are Ukrainians Prepared for Peace? Discover the Poll Results on Ceasefire and Concessions.

Discover the shift in Ukrainian public sentiment towards peace negotiations as The Converser explores how willingness to negotiate has increased since the conflict's inception, while clear red lines still define their stance.