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This is how NFTs can change all of ecommerce
// THREAD //
// THREAD //
1. Level One
Buying JPEGs.
This is the simplest use case of NFTs.
Joe is an artist that posts his work as an NFT.
Bob buys the NFT and now he owns it.
Buying JPEGs.
This is the simplest use case of NFTs.
Joe is an artist that posts his work as an NFT.
Bob buys the NFT and now he owns it.
2. Level Two
Buying exclusive JPEGs.
Joe is a famous celebrity and lists only 5 NFTs.
Bob and Mary bid on each of the five hoping to get it.
Buying exclusive JPEGs.
Joe is a famous celebrity and lists only 5 NFTs.
Bob and Mary bid on each of the five hoping to get it.
3. Level Three
Bridging physical goods + NFTs
Joe owns a t-shirt store online.
Joe posts the t-shirt designs as 100 NFTs.
Whoever buys the NFT gets the shirt shipped to them.
Bob and Mary buy the NFT and also get a shirt.
Bridging physical goods + NFTs
Joe owns a t-shirt store online.
Joe posts the t-shirt designs as 100 NFTs.
Whoever buys the NFT gets the shirt shipped to them.
Bob and Mary buy the NFT and also get a shirt.
4. Level Four
Physical goods + NFT exclusivity
Joe owns an online store.
Joe posts 100 NFTs for his tshirts and 10 NFTs for limited edition ones.
The 10 NFTs are open for bids for one hour.
Whoever has the highest bid gets the limited edition apparel shipped to them.
Physical goods + NFT exclusivity
Joe owns an online store.
Joe posts 100 NFTs for his tshirts and 10 NFTs for limited edition ones.
The 10 NFTs are open for bids for one hour.
Whoever has the highest bid gets the limited edition apparel shipped to them.
5. Level Five
Goods + NFT underlying tech
Joe offers 100 NFTs and 10 limited edition NFTs.
The 10 rare NFTs are for bids for one hour.
Owner of those NFTs get the rare apparel shipped + are now part of Joe's special club.
Special club can vote on new designs and buy early.
Goods + NFT underlying tech
Joe offers 100 NFTs and 10 limited edition NFTs.
The 10 rare NFTs are for bids for one hour.
Owner of those NFTs get the rare apparel shipped + are now part of Joe's special club.
Special club can vote on new designs and buy early.
6. Level Six
NFT underlying tech x10
Joe now has a special club from people who own the limited edition NFTs.
These special NFTs are tradeable and sellable.
Joe takes 5% of the transaction fee.
They have value because of the "access" that comes with the limited edition NFTs.
NFT underlying tech x10
Joe now has a special club from people who own the limited edition NFTs.
These special NFTs are tradeable and sellable.
Joe takes 5% of the transaction fee.
They have value because of the "access" that comes with the limited edition NFTs.
7. Wrap Up
Joe now releases apparel every two weeks as NFTs.
Only a portion of them are limited edition NFTs.
His specialty group increases in size.
He now has a thriving NFT ecosystem.
He now has NFTs that are valuable.
Joe is happy.
Joe now releases apparel every two weeks as NFTs.
Only a portion of them are limited edition NFTs.
His specialty group increases in size.
He now has a thriving NFT ecosystem.
He now has NFTs that are valuable.
Joe is happy.
8. Expansions
Switching to NFTs means no more account sign ups/logins.
Connect to your crypto wallet with metamask.
Most intuitive buying experience.
Joe can design very cool NFTs.
Joe can reward NFT holders.
Joe gets paid more and has more clout.
Switching to NFTs means no more account sign ups/logins.
Connect to your crypto wallet with metamask.
Most intuitive buying experience.
Joe can design very cool NFTs.
Joe can reward NFT holders.
Joe gets paid more and has more clout.
9. Possibilities
Imagine if @Nike did this with sneaker drops.
Imagine if @JesseSebastiani did this for Full Send merch.
Who here wants to build an NFT infrastructure project? :)
Imagine if @Nike did this with sneaker drops.
Imagine if @JesseSebastiani did this for Full Send merch.
Who here wants to build an NFT infrastructure project? :)
