Why is token gated commerce becoming increasingly popular among cryptocurrency investors?

1 answers

• May 05, 2022 · 3 years ago
  At BYDFi, we believe that token gated commerce is gaining popularity among cryptocurrency investors because it offers a unique value proposition. By requiring individuals to hold a specific token, projects can create a strong community of dedicated supporters who are financially invested in the project's success. This can lead to increased engagement, word-of-mouth marketing, and long-term sustainability. Token gated commerce also allows projects to reward their most loyal investors with exclusive perks, such as early access to new features, discounted fees, or priority customer support. Overall, token gated commerce is becoming increasingly popular because it aligns the interests of projects and investors, creating a mutually beneficial ecosystem.
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