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Product

Product Update: Reward NFT Holders

Akhil Ramgopal

Head of Product

What we built

The ability for web3 projects to automate redemptions for single-use gated perks, and for community members to check the available perks on their token.

Token-gated perks

Why we built it

So you don’t have to manually track redemptions on a spreadsheet and holders know exactly what they get with their token.

It’s all in the details

Simply configure your redemption rules when setting up your gated product – specifying the product(s) NFT holders get and how many times they can redeem their token. 

We're able to limit redemptions at the gate level and even increase the number of redemptions that a specific gate offers. For example, if consumers have the NFT from a specific collection, they can redeem it for two sweatshirts.

What you can do with it

Reward community members and top customers by enabling them to redeem their NFTs for merch, products, discounts, reservations, and more.

See how Novel can help you reach your Web3 goals.

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Learn, how to mint, and sell NFTs on a branded Shopify storefront.

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Book a demo

With Novel, you can

Generate collections using no code

List NFTs alongside physical products

Enable token-based storefront features

See it in action

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