Tokenization of physical products
PhygitalX supports SMEs to adopt NFT technology systematically.
The whole idea is to push sales for actual physical merchandise and accept crypto payment quickly at the same time.
Adopt the latest NFT Technology with PhygitalX
PhygitalX allows SMEs to mint NFT that pegged to actual physical merchandise, then sell them both at the same time. The platform offers an environment for seller to accept crypto payment immediately from customer. Once an NFT is sold, merchant can start the shipping process as the payment is already made in advance.
Store
Allow SMEs to sell NFTs generated from PhygitalX’s Smart Contract that pegged to actual physical merchandise.
Claim Goods
Once purchased an NFT, users can claim the actual item that pegged to the NFT and send the shipping address directly to the seller.
Gacha
Where SMEs can run promotional campaigns through interactive virtual Gacha games.
Giveaway
Where users can stack up NFTs to fulfill a collection and win an actual physical prize.
Sell NFT + Merchandise
PhygitalX STORE offers a way to accept crypto payment in business, where merchants can sell NFT, get paid, then ship a tied product to customers. It seems like selling NFTs on the surface, but the core is a brand new revenue stream with millions of potential customers on all over the World.
In this case, NFT mainly serves as a digital certification, or a proof of ownership for merchandise, which elevates product value significantly.
Claim Goods
This feature allows customers to request for the tied item from the seller. Each NFT is only claimable once in its life. Once claimed, an order with shipping address and description will be sent directly to the seller. By including an NFT in the sales process, each item value is enhanced significantly since each one has its own characteristics and a digital certificate.
Gacha
PhygitalX GACHA provides a distinct experience in terms of virtual Gacha games. By participating in this section, SMEs can host online contests to boost user engagement actively.
The feature allows players to win a random NFT in each session, which can be stacked up in TBA (token bound account) to build a complete collection on one single NFT (ERC-6551).
Players can later exchange the complete collection for an actual prize.
Giveaway
PhygitalX GIVEAWAY introduces a new playground for projects to build up community and gain public attention. Once created NFTs on PhygitalX, SMEs can start launching several community campaigns to boost up engagement on SNS (ask for follow, retweet, etc.). By participating in those campaigns, community members can obtain a code and claim an NFT for free on PhygitalX GIVEAWAY. This method reduces marketing costs effectively in launching online campaigns.
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Giveaway