Tenacious Tacos is a Canadian taco franchise that plans to expand into the United States, but not without adding some loyalty-based perks to aid its growing customer base. Tenacious Tacos has announced that it will now be offering Web3 and real-life benefits for its customers, allowing users to wager their nonfungible tokens for additional rewards. These rewards can be redeemed for a variety of things, including a chance at a lifetime supply of Tenacious Tacos or monthly payouts in ETH/WETH.
Customers will also receive real-life NFT benefits including 20% off at all StrEATS locations, access to VIP events, and more.
"The vision with this project is to become closer with the community while simultaneously creating the opportunity for them to share in our growing success," said Joe Klassen, Founder of the Tenacious Tacos NFT project.
NFT-Based Rewards Programs
Tenacious Tacos Announces It Will Accept NFTs for Its Loyalty Program
Trend Themes
1. Web3 Loyalty Programs - By allowing users to wager their nonfungible tokens for additional rewards, businesses can create exciting Web3-based loyalty programs and tap into the growing crypto market.
2. Real-life NFT Benefits - Offering real-life NFT benefits, such as discounts and VIP access, can attract customers who are interested in both digital and physical rewards.
3. Monthly Payouts in Cryptocurrency - Including monthly payouts in cryptocurrency, such as ETH/WETH, can appeal to customers who are active in the crypto space and create a new revenue stream for businesses.
Industry Implications
1. Fast Food - Fast food chains can leverage NFT-based loyalty programs to drive customer engagement, increase retention, and differentiate themselves in a crowded market.
2. Hospitality - Hotels and restaurants can offer exclusive NFT-based benefits, such as access to private events and special promotions, to attract high-value customers and enhance their brand image.
3. Entertainment - Entertainment companies can explore Web3 loyalty programs that offer fans unique NFT benefits, such as early access to content and merchandise, to deepen fan engagement and loyalty.