Clubs and Deal NFTs

What is a Club?

A Club on the MintDeals platform is a curated, exclusive membership group that allows businesses to engage with their audience by offering special deals, rewards, and privileges. By joining a club, members gain access to exclusive benefits that are not available to the general public. These benefits are delivered through DEAL NFTs, which provide various perks such as discounts, early access, event invitations, and more.

Key Features of a MintDeals Club:

1. Exclusive Membership Tiers Clubs can be reflected as multiple tiers of membership, each with its own set of perks. Higher-tier members may receive more valuable or rare deals, fostering a sense of exclusivity.

2. Customizable Benefits Businesses can tailor the benefits of their club to suit their specific audience, offering unique and compelling reasons for members to join.

3. Revenue Generation Membership fees collected from club members are deposited into a decentralized pool via MintDeals, which enables businesses to use this as collateral for accessing additional funds through a credit facility.

4. Community Engagement Clubs are a powerful tool for building and nurturing a community of loyal customers. Members feel valued and rewarded for their support, leading to deeper engagement and long-term relationships.

What is the DEAL NFT?

The DEAL NFT is a tokenized representation of special offers, privileges, or rights that club members receive when they join a business’s exclusive club on MintDeals. Each NFT can carry various utilities, from discounts to exclusive access to products, services or content.

These NFTs are minted by a club member and can be used, redeemed, or traded depending on the specific benefits associated with them. The flexibility of the DEAL NFT enables businesses to tailor their offerings, ensuring members receive tangible value, while businesses gain access to the credit facility via membership fees being directed into the platform. When creating a deal, a club owner can set the maximum supply and maximum mints allowed per member.