I think 𝗛𝟮 𝟮𝟬𝟮𝟰 is going to see some big Web3 brand activations launch. 🧠 A few thoughts on why: 1. 𝗘𝘃𝗲𝗿𝘆 𝗯𝗿𝗮𝗻𝗱 𝗶𝗻 𝗲𝘃𝗲𝗿𝘆 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗸𝗻𝗼𝘄𝘀 𝗪𝗲𝗯𝟯 𝗶𝘀 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘀𝘁𝗮𝘆. They're now at the 'okay, how does this impact us?' stage. 2. 𝗪𝗲 𝗸𝗻𝗼𝘄 𝘄𝗵𝗮𝘁 𝘄𝗼𝗿𝗸𝘀 𝘄𝗲𝗹𝗹 𝗮𝘁 𝘀𝗰𝗮𝗹𝗲, 𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝗱𝗼𝗲𝘀𝗻'𝘁. Selling NFTs is no longer a sustainable strategy for 99.99% of brands. They're getting creative about how they execute. 3. 𝗪𝗲 𝘄𝗲𝗻𝘁 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗲𝗿𝗮 𝗼𝗳 𝗰𝗼𝘀𝘁-𝗰𝘂𝘁𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗺𝗼𝘀𝘁 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗹𝗮𝘀𝘁 𝟭𝟴 𝗺𝗼𝗻𝘁𝗵𝘀, 𝘄𝗵𝗶𝗰𝗵 𝗶𝘀 𝗯𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴 𝘁𝗼 𝗲𝗮𝘀𝗲 𝘂𝗽. Every single industry went through a turbulent period mirroring the general economy in the last 2 years. That looks like it's easing up a little bit. 4. 𝗧𝗵𝗲 𝘁𝗲𝗰𝗵 𝗶𝘀 𝗯𝗲𝘁𝘁𝗲𝗿. The solutions on blockchain are a lot better now than they were in 2021 when brands started playing in this space. Wallet abstraction. Single sign-on. ZK tech. 5. 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗶𝗻 𝗮 𝗺𝘂𝗰𝗵 𝗯𝗲𝘁𝘁𝗲𝗿 𝗽𝗹𝗮𝗰𝗲. Regulation globally is in a better place than it was in 2021. 6. 𝗟𝗲𝘀𝘀 𝗳𝗼𝗰𝘂𝘀 𝗼𝗻 𝗿𝗲𝘃𝗲𝗻𝘂𝗲, 𝗮𝗻𝗱 𝗺𝗼𝗿𝗲 𝗳𝗼𝗰𝘂𝘀 𝗼𝗻 𝗲𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗱𝗮𝘁𝗮. Even though blockchains are transactional, inherently, brands are starting to realise that there is much more here than they once thought. 7. 𝗧𝗵𝗲 𝘀𝘁𝗶𝗴𝗺𝗮 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 '𝗰𝗿𝘆𝗽𝘁𝗼' 𝗮𝘀 𝗮 𝘄𝗼𝗿𝗱 𝗶𝘀 𝗳𝗶𝗻𝗮𝗹𝗹𝘆 𝘀𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝘁𝗼 𝘄𝗮𝗻𝗲. Crypto was, and still is viewed by many as scammy and a fad. But executives at most brands for the most part don't see it as that anymore. When Blackrock and PayPal are playing in this space , why wouldn't you? 8. 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻𝘀 𝗮𝗿𝗲 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘀𝗮𝘃𝘃𝗶𝗲𝗿 𝗮𝗯𝗼𝘂𝘁 𝗵𝗼𝘄 𝘁𝗵𝗲𝘆 𝘄𝗼𝗿𝗸 𝘄𝗶𝘁𝗵 𝗯𝗿𝗮𝗻𝗱𝘀 The $100m deals of 2021 are no more. The deals are more considered and force brands to come to tech providers with a clear idea of WHAT they want to execute. 9. 𝗪𝗵𝗲𝗻 𝘆𝗼𝘂 𝘀𝗲𝗲 𝘁𝗵𝗲 𝗹𝗶𝗸𝗲𝘀 𝗼𝗳 𝗛𝗨𝗚𝗢 𝗕𝗢𝗦𝗦 𝗹𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝗪𝗲𝗯𝟯 𝗹𝗼𝘆𝗮𝗹𝘁𝘆 𝗽𝗿𝗼𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝘀, 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝘀𝗶𝘁𝘀 𝘂𝗽 𝗮𝗻𝗱 𝘁𝗮𝗸𝗲𝘀 𝗻𝗼𝘁𝗶𝗰𝗲. Every time a huge name does something in this space that is consumer-facing, execs at big brands perk up. Starbucks, Nike, HUGO BOSS - success or failure - those execs notice.
100% Pet Berisha! Many brand community activations in the making 👀
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6moThe advancements in technology and the easing up of regulations globally have definitely made Web3 a more accessible and attractive space for brands.