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FireDrops by Flipkart. Is this Flipkart’s Mega entry into NFT+Metaverse?

FireDrops by Flipkart

Flipkart joins palms with Nothing for the first-ever NFT drop on FireDrops by Flipkart, hosted on Polygon’s blockchain

Flipkart's Mega entry into NFT+Metaverse with Nothing?

What’s FireDrops by Flipkart? Flipkart joins palms with Nothing for the first-ever NFT drop on FireDrops by Flipkart, hosted on Polygon’s blockchain

The collaboration will introduce a brand new dimension of e-commerce in India, centered on NFT worth, utility, and neighborhood, and ship a brand new solution to expertise NFTs in India.

Prospects who’ve pre-booked and bought the Nothing cellphone obtainable in India by way of Flipkart will obtain their NFT airdrop on Firedrops by Flipkart, known as “FireDrops’ right here.

Flipkart, India’s homegrown e-commerce market, at this time introduced a partnership with Nothing for the very first NFT drop at FireDrops. Flipkart prospects who’ve pre-booked and subsequently bought a Nothing cellphone in the course of the pre-book sale interval could be airdropped Nothing Neighborhood Dots, which can allow entry to unlock particular perks, together with early entry to new merchandise and offline occasions. The Neighborhood Dots is hosted on Polygon, the main Web3 infrastructure enabling customers to have a low carbon footprint minting expertise.

FireDrops is Flipkart’s tour into Web3. Earlier, with the launch of Flipkart Labs, the corporate introduced its intention to discover NFT-related use instances to redefine the purchasing expertise of its customers and incubate options on the intersection of expertise and e-commerce. With FireDrops, Flipkart desires to deliver the worth of NFT and, by extension, Web3 to a wider viewers.

The partnership with Nothing constitutes a primary and essential milestone for FireDrops for this may set the stage for a reimagination of commerce and create experiences based mostly on accessibility and worth. It additionally aligns with Nothing’s imaginative and prescient to take away boundaries between individuals and expertise. The Nothing NFT Drop on FireDrops is powered by GuardianLink – an NFT ecosystem firm enabling manufacturers and artists to launch NFTs

Jeyandran Venugopal, Chief Product and Expertise Officer, Flipkart, added, “Flipkart hasalways been on the forefront of innovation throughout all aspects of digital commerce. We’re delighted to affix palms with Nothing to deliver our prospects into the Web3 playground with the very first NFT drop at Flipkart FireDrops, hosted on Polygon’s blockchain.

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Digital asset possession, NFTs and different digital collectibles are a real game-changer in worth creation within the digital age. Innovation and foray within the Web3 house drive engagement between manufacturers, companies, enterprises, and their communities. The Flipkart-Nothing partnership and the launch of the Nothing Neighborhood Dots, subsequently, constitutes an essential step for FireDrops, serving to us within the imaginative and prescient to deliver the potential of Web3 to India.”

“We not too long ago introduced the Nothing Neighborhood Dots to create extra significant connections with our neighborhood. It is a step additional in that route”, mentioned Manu Sharma, VP and GM, Nothing India. He added, “We not too long ago launched Cellphone (1), our first smartphone and the gateway to future linked and open product ecosystem. Sooner or later, we additionally plan to make not simply the cellphone class, however different ecosystem units future-ready by enabling sustainable and safe entry to Web3.

Arjun Kalsy, VP of Progress at Polygon mentioned “NFTs can fully remold the e-commerce expertise, unlocking verifiable digital possession, elevated utility, and larger neighborhood engagement. We’re delighted to be supporting Flipkart and Nothing in pioneering this innovation in an environmentally-friendly style.

The Neighborhood Dot NFTs will likely be open to be redeemed by anybody who pre-ordered Nothing Cellphone (1) on Flipkart between twelfth to 18th July. This is how.

  • Full the fee to make the acquisition of Cellphone (1)
  • Flipkart will ship an e mail after 7-10 days from the supply date
  • Prospects can comply with the steps on the e-mail to assert their Black Dot NFT

What’s FireDrops?

FireDrops is a function that will likely be obtainable on the Flipkart Android and iOS utility from 22 July onwards. It would allow limited-edition Nothing Neighborhood Dots NFTs to be claimed by customers who’ve bought the Nothing cellphone (1).

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What’s Neighborhood Dots?

Check with dots. nothing.tech

Concerning the Flipkart Group

The Flipkart Group is one in all India’s main digital commerce entities and contains group firms Flipkart, Myntra, Flipkart Wholesale, Flipkart Well being+, and Cleartrip. Began in 2007, Flipkart has enabled tens of millions of shoppers, sellers, retailers, and small companies to be part of India’s digital commerce revolution, with a registered buyer base of greater than 400 million, providing over 150 million merchandise throughout 80+ classes. Our efforts to democratize commerce in India, drive entry and affordability, delight prospects, create lakhs of jobs within the ecosystem, and empower generations of entrepreneurs and MSMEs have impressed us to innovate on many trade firsts. Flipkart is thought for pioneering companies comparable to Money on Supply, No Value EMI and straightforward returns – customer-centric improvements have made on-line purchasing extra accessible and inexpensive for tens of millions of Indians. Along with its group firms, Flipkart is dedicated to reworking commerce in India by way of expertise.

About Nothing

Nothing is right here to make tech enjoyable once more. To encourage creativity, and construct the longer term along with their neighborhood. By creating an ecosystem of iconic and linked tech merchandise, Nothing goals to deliver artistry and fervour again to the trade. Following the success of ear (1), which has offered over 530,000 models so far, the corporate’s extremely anticipated smartphone product Cellphone (1) launched on 12 July 2022.

Primarily based in London, Nothing is a privately held firm with backing from GV (previously Google Ventures), EQT Ventures, C Ventures and different non-public traders together with Tony Fadell (Principal at Future Form & inventor of the iPod), Casey Neistat (YouTube persona and Co-founder of Beme), and Kevin Lin (Co-founder of Twitch).

About Polygon

Polygon is the main blockchain growth platform, providing scalable, inexpensive, safe and sustainable blockchains for Web3. Its rising suite of merchandise affords developerseasy entry to main scaling options together with L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and knowledge availability. Polygon’s scaling options have seen widespread adoption with 19,000+ decentralized functions hosted, 1.6B+ whole transactions processed, 142M+ distinctive consumer addresses, and $5B+ in belongings secured. Polygon is carbon impartial with the purpose of main the Web3 ecosystem in changing into carbon unfavourable.

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Concerning the GuardianLink

GuardianLink.io is a pioneer and innovator of NFT Applied sciences with its roots embedded within the Blockchain world since 2016. Its deep base of over 350+ product avengers and NFT artists

supplies world execution capabilities for deploying the NFT Public sale platform and Alternate Framework. With world manufacturers and exchanges operating on the GuardianLink.io platform and its zero-gas charge layer 2 blockchain, it has a confirmed monitor document of scalability, accessibility, and extensibility. Bounce.commerce is a web3 NFT market launched by GuardianLink. The platform options NFTs of worldwide manufacturers and celebrities in addition to video games. In the identical view, GuardianLink is now partnering with Flipkart, India’s main e-commerce platform for the Nothing Communtiy Dots AirDrop.

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