Gucci has revealed rewards for Gucci Material Vault NFT holders.
👑 Gucci Material NFT holders can exchange their tokens for a Gucci bifold wallet or co-branded duffle bag Gucci x 10KTF.
👑 Exchange facilities are available on the 10KTF.shop partner platform to exchange NFTs for wallets or bags.
👑 One Gucci Vault Material NFT can be redeemed for a wallet, while three tokens are required to redeem for a duffle bag.
👑 The duffle bag co-branded with 10KFT has a unique value that is hard to find.
👑 These wallets and duffle bags have a higher value than similar prices on Gucci's e-commerce site.
👑 Gucci Vault Material NFTs are given as prizes to 10KTF mission participants in Battle Town who own Gucci Grail NFTs.
👑 The concept of "play-to-earn" or "engage-to-earn" is expected to be used more in the future in community rewards.
👑 Several other luxury brands also have Web3 loyalty programs that reward token holders.
👑 Collaboration between luxury brands and Web3 platforms provides an opportunity to embrace exclusivity, rarity and fame in the digital and physical world.