A decentralized commerce layer for Web3, Boson Protocol lets you sell tangible goods as redeemable NFTs across various platforms - whether online, in games, or in virtual reality environments. We've tackled the complex technological challenges of tokenizing and twinning physical items so you can focus on crafting inventive Web3 shopping experiences for your clientele. Our no-code, budget-friendly tools simplify the process of turning physical items into NFTs, which can be sold on your own Web3 store, within the Metaverse, or on NFT marketplaces. Redemption is seamless on your website, allowing your brand to maintain complete control over customer interactions. Boson enables the creation of phygital assets and the use of token-gated purchases, allowing you to effortlessly build enticing and rewarding digital-physical commerce experiences. Buyers have the option to exchange the NFT for the physical item, assured that they will either receive the product or get their money back, all without the need for trust in intermediaries or sellers - just relying on code and independent dispute resolvers. Alternatively, buyers can transfer, gift, trade, or keep the NFT, just like any other NFT. Boson is a pioneering technology, recognized as a Technology Pioneer by the World Economic Forum. As a decentralized protocol, it is designed to benefit and be governed by its users, with a minimal transaction fee of just 0.5%.
Who Are the Founders of Boson Protocol?
Justin Banon is the CEO and co-founder of Boson Protocol. He is an accomplished entrepreneur who previously established a blockchain strategy consultancy known as Meltfactory and a cryptocurrency rewards platform called Redeemeum. He once led the Travel Experiences Division at Collinson Group, a worldwide loyalty and benefits corporation.
Boson Protocol's Chief Technical Officer (CTO) and co-founder is Gregor Borosa. He is an adept engineer with a master's degree in Business Informatics from the University of Ljubljana and an MSc in Digital Currency from the University of Nicosia. His past roles include serving as a lead software engineer at the Central Bank of Slovenia and working as a blockchain technologist at VEVArica s.p.
What Makes Boson Protocol Unique?
Boson Protocol (BOSON) is set on revolutionizing e-commerce by integrating decentralized technology and fostering an open, tokenized economy. The protocol incorporates ERC-20 "Thing" tokens, which are utilized to acquire specific, fungible commitment tokens on the platform. These Thing tokens are exchanged and traded using standard DeFi tools, aiding in the creation of liquid digital markets for corresponding physical items.
The protocol supports the secure and privacy-respecting collection of e-commerce data and encourages users to share data voluntarily by offering them financial incentives. Boson leverages Ocean Protocol to build a Web 3.0 commerce data marketplace that provides insights into consumer behaviors and allows for detailed analyses of business strategies.
At its core, Boson employs game theory concepts to promote honest behavior among trading parties. It functions as a type of sequential game, featuring a dual deposit system that automates dispute resolution and minimizes reversal losses.
Designed to be community-owned, the platform is committed to fair distribution of control and value. Its governance evolves through three phases: startup, scale-up, and decentralized autonomous organization (DAO). During the startup phase, control is centralized to establish protocol-market fit. In the scale-up phase, minimal fees are applied to further project development. Ultimately, it will transition to a DAO for complete community-driven governance.
How Is the Boson Protocol Network Secured?
Boson Protocol (BOSON) is an ERC-20 token that operates on the Ethereum (ETH) mainnet.
When Will BOSON Trading Begin?
The initial sale of Boson Protocol (BOSON) tokens occurred in April 2021.
Can BOSON Hit $10?
The Boson Protocol (BOSON) token's price initially jumped from $0.75 to $5.3319 shortly after its release. In November 2021, following the launch of Boson Protocol on its mainnet, the token's price showed positive growth trends again. As the project continues to evolve, BOSON has a reasonable chance to maintain this upward price trajectory by achieving its future objectives.
Where Can You Buy BOSON?
Boson Protocol (BOSON) is currently listed on several exchanges, including KuCoin, Gate.io, Bittrex, Bitfinex, MEXC, Crypto.com Exchange, LBank, Uniswap (V3), FMFW.io (Bitcoin.com Exchange), CoinEx, Hoo, AEX, Hotbit, HitBTC, Hotcoin Global, CoinW, ZT, and Jubi.
