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Gym owners aim to bring NFT memberships to wellness clubs NFT | 💎 NFT's & Metaverse Updates💎

Gym owners aim to bring NFT memberships to wellness clubs

NFTs
for subscription/membership-based models, or loyalty programs, are gaining traction. This point was highlighted in Forrester’s 2023 NFT and metaverse predications report, which notes: “Brands will pivot from ‘cool’ non-fungible tokens (NFTs) towards loyalty. In 2023, brands will shift their focus to NFTs linked to loyalty. NFT use cases such as these are being implemented today. For example, Starbucks recently announced an NFT-based loyalty program. Industry experts have also begun explaining why subscription-based services should implement NFTs to improve relationships between brands and consumers. NFTs for loyalty programs or membership models is new, mainstream sectors are beginning to understand their potential.

NFT's & Metaverse Updates