Photo - Phygify
58797

Phygify

Switzerland
Market: Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 14.10.2022
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Idea

We give NFTs with commercial rights additional utility, by linking them to quality merchandise and enable holder this way to earn passive income with their own Web3 Shops opened through our Platform.

Current Status

We just launched our landing page www.phygify.io and are already having great feedback from Projects, that we are now about to onboard until our official launch. It clearly shows that Projects are desperate to provide Merch but cant due to missing capabilities.

Problem or Opportunity

Most NFT Collections are missing Utility. Apart from popular tradable NFTs or brand new NFTs the majority sit bored in a MetaMask wallet and wait for a real life purpose! Projects cant provide this due to their small organisation or lack of capabilities i general

Solution (product or service)

We give NFT (provided they waived Commercial Rights to the owner) additional utility for Merchandise Production which is fully handled by us. NFT Holder and Projects have only to provide their NFT and receive passive income with each purchase through their Web3 Shop.

Business model

B2C: For NFT collectors, providing a ´traditional, e-tailer service, with Web3 integration

B2B: For NFT projects, providing IT infrastructure for NFT redemption to phygital product along with holistic order fullfillment service for community/customer base.
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