NFTs for Small Business: NFT Use Cases (Part 2)

In part-two of the four-part NFTs for Small Business series, Mint-ECell shares how NFTs can benefit businesses in various ways. NFTs can create digital proof of ownership, attendance, and transference, and businesses can use them to offer exclusive access to private communities or special services.

The podcast offers several examples of how different businesses are using NFTs, including jewelry companies offering discounts, Adidas granting exclusive access to streetwear merch, and businesses releasing counterfeit-proof limited edition items. The podcast also suggests creative ways for businesses to incorporate NFTs, such as creating NFT loyalty programs, using NFTs for low-cost funding alternatives, partnering with NFT influencers, and providing a unique digital experience to customers. Finally, the podcast highlights the potential for NFT gamification promotions to drive traffic to locally owned businesses.



00:00 Introduction
00:43 Proof of Ownership
01:37 Use case: Gaining Access to Events
03:26 Use case: Membership
04:05 Royalties and Creator Fees
05:45 What is OpenSea and the Secondary Market
09:08 Cryptocurrency – Ethereum (ETH) and Bitcoin (BTC)
10:22 Digital Wallets
13:13 Stoner Cats
14:09 Closing remarks

Invest in yourself, You are worth it.

NO FINANCIAL ADVICE– The Information on this website, The NiFTy Chicks, is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.

The Information contained in or provided from or through this website and podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.

The Information on this website and provided from or through this website is general in nature and is not specific to you the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this website without undertaking independent due diligence and consultation with a professional broker or financial advisory.

You understand that you are using any and all Information available on or through this website at your own risk.

RISK STATEMENT– The trading of Bitcoins, alternative cryptocurrencies, non-fungible tokens has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.