OneOf announces the acquisition of Tap Network

NFT Oriented Music Company, one ofgot Web3 rewards platform, Click on the network, in an effort to help enterprise customers build their Web3 strategies. Tap Network has been around for the past five years, helping users redeem loyalty points and crypto codes for real-life products and services from major companies like Uber, Brave, Warner Music Group, and many more.

OneOf plans to integrate the Tap Network with the newly launched OnePlatform, a turnkey solution that will allow brands to build their Web3 strategies by integrating e-commerce, data, and loyalty programs.

OneOf targets a new qualification strategy for Web3

The acquisition and merger of Tap Network on OneOf is key as the NFT platform seeks to bring more brands and customers onto Web3, particularly through e-commerce. At least that’s how Lin Dai, co-founder and CEO of OneOf, feels.

Speaking to the press, he highlighted the need to build the next generation of loyalty software solutions that embrace Web3 and its franchises. as things stand, Brand collection use case [profile picture] Far from the average consumer lifespan.”

However, OnePlatform will feature a multi-signature wallet that will allow both Web3 natives and newcomers to access and own their digital identities. In this regard, Day notes, “For enterprise companies, we think it is a very valid step towards decentralization for the company to own its full stack rather than relying on other centralized marketplaces that may not respect creators’ equity.”

OneOf launched in May 2021 after receiving $63 million in seed funding. Notable backers include Quincy Jones, a legendary music producer. Since its inception, the platform has been a major player in the music industry Non-fungible tokens to empower artists.

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*All investment/financial opinions expressed by NFT Plazas are derived from the personal research and experience of our site managers and are intended as educational materials only. Individuals are required to fully research any product before making any type of investment.

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