NFTs are individual tokens with valuable information stored in them. Because they hold a value primarily set by the market and demand, they can be bought and sold just like other physical types of art. NFTs’ unique data makes it easy to verify and validate their ownership and the transfer of tokens between owners.

In a way, owning a NFT in the digital space is like owning an asset in the normal space. Your identity, the assets’ information is stored in a blockchain within a smart contract, the same way your identity and your assets are written in a deed/contract and stored away in a lawyer office or bank vault. With digital assets becoming increasingly popular, the prevalence of NFTs will soon follow.

Retail businesses, rare/luxuries industry, membership-based (gyms, clubs, yachts), daily life (F&B, gaming) and even influencers/creators with younger consumers who are tech savvy are the ideal users of NFT.

1. Is an alternative new form of marketing, to keep up with the trends as we enter into web 3.0. With Bizbloc, brands will be able to make the first moves and be dominant players in the metaverse.

2. It is highly versatile, businesses are able to use NFT for a new product launch, promote existing products, or even use it to launch a Corporate Social Responsibility (CSR) campaign.

3. Bizbloc’s dashboard will be able to help Businesses view and track the performances of the NFT campaigns that businesses run. The data analysis report will be beneficial for businesses to gain a deeper understanding of their consumers needs and wants.

We have chosen to mint all businesses NFTs on Polygon, one of the most energy-efficient blockchains. Creating an NFT on Polygon has the same carbon impact as sending just 2.5 emails, which means Bizbloc NFTs consume 99.95% less energy than projects on Ethereum (Source: Polygon). On top of that, Bizbloc covers 100% of gas-fee when your Business creates a NFT campaign through our platform!

Bizbloc will be operating using the Polygon blockchain as it is the most effective and efficient blockchain. There is a broader reach: For businesses, when creating your Polygon NFTs in a cross-chain marketplace, Polygon helps to increase your reach and, consequently, your chances of getting sales. For consumers, purchasing NFTs on a marketplace with support for multiple blockchains increases your chances of meeting like collectors willing to buy your NFT. NFTs that is generated by BizBloc on Polygon blockchain will be visible on OpenSea

1) Since NFTs is still such a new, difficult and complicated topic, brands may be unsure on how NFT works but acknowledge that NFTs are important. Some common pain points that business may face includes, lack of knowledge/manpower in:

• Incorporating NFT into their businesses
• Creating a virtual wallet
• Generating NFT artwork
• Uploading artworks

2) We provide a verification portal to help businesses verify unique codes for consumers to claim utility tied to products, through both physical and online transactions.

3) Bizbloc is currently in the midst of building a NFT marketplace for brands, and businesses working with Bizbloc will have early access to be part of the ecosystem.

All in all, Bizbloc’s acts as an easy and accessible one-hub platform for blockchain integration into your business. Where no technological knowledge is needed when using the Bizbloc’s platform