NEW POSSIBLE 100x TOKEN - BLOCKv $VEE ON FIRE
BLOCKv records a 500% increase after Visa introduced the web3 loyalty program in collaboration with SmartMedia Technologies, the company that owns the SmartNFT protocol.
In a press release dated January 4, Visa announced a web3 loyalty solution developed in collaboration with SmartMedia Technologies, a web3 industry partner. The deal aims to modernize traditional loyalty programs by offering engaging experiences such as gamified rewards, augmented reality treasure hunts and innovative new ways to use loyalty points.
“This partnership isn't just about optimizing rewards for customers; it's about redefining the value exchange between brands and consumers in a world centered on mobile payments,” said Tyler Moebius, CEO of SmartMedia Technologies. “We are committed to delivering rewarding, engaging and relevant experiences for today's evolving consumers.”
In particular, SmartMedia Technologies uses the SmartNFT protocol, a technology developed by BLOCKv, the acquired company.
BLOCKv saw a 500% increase after the announcement of this partnership. According to data from CoinGecko, the price of BLOCKv (VEE) rose to $0.01519, with a trading volume of $4.7 million in the past 24 hours. This represents a price increase of 491.4% in the last 24 hours and a notable increase of 397% in the last seven days.
With a circulating supply of 3.3 billion VEE, BLOCKv has a market capitalization of over $47 million.