NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.
Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce. Dai told CoinDesk that OnePlatform will include a multi-signature wallet, allowing Web3 natives and newer users alike to access.
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