Go2NFT sells over 50,000 NFC/NFT tokens globally before official launch

by James · May 9, 2023

Nonfungible Tokens (NFTs) are taking the world by storm, and for good reason. They offer a unique way to represent ownership of digital assets and change the way people think about value in the digital world. While most NFTs are associated with art or collectibles, they also have the potential to revolutionize business. Has there ever been a platform that allows businesses to generate millions of NFTs in minutes to authenticate their physical products at scale? Not until now.

GO2NFT is a platform that has been developing its technology since 2020 and is currently the only and most complete NFT platform for companies from the beauty, fashion, sports and lifestyle industries. It provides the ability to generate and manage millions of NFTs for product authentication using the NFT Factory business platform.

The vision of Jessica Nascimento, CEO of Go2NFT, is to build real adoption for blockchain technology. She said:

“In the current crypto market space, most tokens have low to zero adoption, basically relying on speculation. The mission of Go2NFT is to become the largest NFT authentication platform by providing utility to businesses worldwide, an easy and fast way to use NFT- are that add value to their brand and products.”

But how does it work?

When the platform module is launched this spring, companies will be able to register and create a profile. The next step will be to input information about their products and then generate the corresponding in the form of NFTs. The final step is to connect the physical product to the virtual counterpart (NFT) which is done using NFC tags. Each NFC tag connects to its own unique NFT, and each profile will have the choice to purchase a select number of NFC tags based on their needs, which will be shipped globally to wherever the company or manufacturing site is. The tag itself must be sewn or glued to the item in the chosen location, such as on the sleeve.

The end consumer will be able to scan the NFC/NFT tags using the official Go2NFT app to verify authenticity, product information and even personal ownership if the brand decides to add the unique feature.

QR codes instead of NFC tags can be an option, but are more suitable for lower-cost, mass-produced goods where there is more of a general quality control, such as the beauty industry for cosmetics or dietary supplements.

One of the main advantages of GO2NFT is its ease of use. With its platform, companies can create and distribute NFTs without the need for extensive technical knowledge or coding skills. The process is as simple as uploading an image or video, selecting the desired metadata and pressing “generate”.

It’s so easy that more than 40 businesses have already been whitelisted to adopt the technology, while another 20 are testing the demo module, with more than 50,000 NFC/NFT tags sold to certify collections worldwide. With just three simple steps and in less than 10 minutes, any company can take its brand to the next level of technology adoption and brand authentication, adding value to its customers at this early stage of development.

Talking about the future of the platform, the Go2NFT team shares their business plan to further promote the utility of the platform for companies by allowing users to purchase products with the integrated crypto payment gateway directly from the app, pre-order exclusive collections, access a diverse NFT Marketplace and more.

With this refreshing new approach in the industry that creates new forms of value for companies, customers and stakeholders, GO2NFT is now starting the private seed fundraising rounds to further expand the project, aiming to open sales representatives in the US, South Korea and the USA Kingdom, continue to develop the app and platform and increase production of NFC/NFT tags to accommodate more than 200 companies by the end of 2023.

What values can projects like Go2NFT add to the Web3 area? More than token speculation, adding real utility to NFTs could be the new game changer.

This publication is sponsored. Cointelegraph does not endorse and is not responsible or liable for any content, accuracy, quality, advertising, products or other material on this site. Readers should do their own research before taking any action related to the Company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on content, goods or services mentioned in the press release.