Coffee Bros. is approaching crowdfunding for its first cafe in NYC in a different way thanks to a new NFT project. The Crypto Barista Season 1 is kicking off with 60 caffeine-loving characters on the blockchain, which will help to open the world's very first NFT-funded cafe.
Beyond helping to support a new business venture, the Crypto Baristas offer great benefits for owners, including "caffeinated perks for life at all future cafe spaces and websites." Crypto Barista owners also control the Barista Bank, a 15% fund set aside from the project's revenue for future use in the coffee space.
The hand-drawn NFTs created by illustrator Tony Bui each depict a unique character making coffee. With the launch of Season 1, up to 455 owners will get to claim an NFT of their own, some of which are rarer than others.
NFT-Funded Cafes
Coffee Bros. is Crowdfunding Support for Its First NYC Cafe with NFTs
Trend Themes
1. Nft-funded Cafes - Cafes can use NFTs to crowdfund and offer exclusive perks to their supporters, while maintaining a 15% fund for future coffee space use.
2. Blockchain Loyalty Programs - Businesses can use blockchain to create unique loyalty programs that offer exclusive perks for customers, such as access to rare products or experiences.
3. Digital Art Investments - As more businesses explore NFTs, there may be opportunities for investors to fund or collect unique digital art pieces that hold or increase in value over time.
Industry Implications
1. Coffee Shops - Coffee shops can leverage NFTs to fundraise for new locations while offering loyal customers exclusive perks and benefits.
2. Blockchain Startups - Blockchain startups can explore opportunities to create loyalty programs, funding platforms, and investment opportunities using NFTs.
3. Digital Art Platforms - Digital art platforms can facilitate the trading and investment of NFTs and support the creation of additional blockchain-based art ventures.