Posted on

Ant veteran turns to NFT verification for SXSW festival VIP feast



Share

As funding into web3 projects cools down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay afloat. The key to driving mass adoption? Offer experiences that are so seamless that users don’t realize blockchain is involved.
One company that is demonstrating how blockchain can come in handy in real life is Kansas-based Redeem, which allows users to claim non-fungible tokens using phone numbers rather than having to set up crypto wallets. Off the back of its recent $2.5 million pre-seed funding round led by Kenetic Capital, the startup is deploying its NFT solution to manage a VIP dinner at the tech festi …

Read More