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BlockchainSpace Debuts Polygon-based Community Rewards Platform, YEY, with Philippine Telco Giant at FIBA 2023

September 14, 2023
in Crypto Exchanges
Reading Time: 4 mins read
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SINGAPORE, September 14, 2023 — In a groundbreaking second for the worldwide Web3 group, BlockchainSpace launched its Web3 community-collectible platform, YEY (yey.tech), by means of a powerful marketing campaign on the FIBA Basketball World Cup held within the Philippines in August 2023.

Sharing the Imaginative and prescient of Web3 For All

In Could 2023, Singapore’s BlockchainSpace solid a strategic partnership with the Philippines’ largest telecom supplier, Good Communications, to carry the most effective of Web3 to Good’s huge subscriber base of practically 60 million customers and a broader Southeast Asian viewers. 

The collaboration got here to fruition in August 2023 when YEY launched on the most-attended FIBA Basketball World Cup in historical past. This high-profile occasion enabled each corporations to reveal a world viewers to Web3 by means of a serious sporting occasion that brings communities collectively, fulfilling their shared imaginative and prescient of #web3forall.

At this launch, QR touchpoints have been strategically positioned at match venues, permitting attendees on the Good telecommunications community to obtain unique Good-FIBA Shinys as tokens of their participation.

These Good-FIBA Shinys additionally served as on-chain tickets for an off-platform promotional raffle in collaboration with the Philippines’ Division of Commerce and Business. Winners have been chosen based mostly on their pockets addresses, with the variety of Shinys collected appearing as multiplier components within the raffle. Prizes included coveted FIBA Finals Part Tickets (Quarter Finals, Semi-Finals, and Finals), amongst different unique rewards.

Picture: In blue, from left: Dexter Chan, AVP of Content material Enterprise Improvement at SMART; Peter Ing, CEO and Founding father of BlockchainSpace; Lloyd Manaloto, FVP of Content material Enterprise Improvement at SMART; Aspen Sanez, Head of Advertising and Nation Supervisor (PH) of BlockchainSpace.

An Simple Answer for Customers: Introducing YEY

The YEY app is designed to simplify the crypto journey for customers, whether or not they’re new to the house or seasoned Web3 fanatics. YEY affords a seamless, safe, and user-friendly onboarding course of, enabling customers to create wallets and obtain NFTs inside minutes with minimal friction.

YEY is constructed on Polygon PoS, an Ethereum-compatible blockchain protocol internet hosting many widespread Web3 purposes in the present day. It streamlines person pockets provisioning on the Polygon PoS blockchain and straight mints NFTs on the chain whereas guaranteeing a easy and fluid person expertise.

We see BlockchainSpace as one of many main initiatives within the So-Fi realm, innovatively merging Web3 with the creator economic system on Polygon. The YEY app epitomizes a future the place Web3 apps can cater to creators and end-users whereas creating an ideal onboarding expertise for these new to Web3,

mentioned Urvit Goel, Head of International Enterprise Improvement at Polygon Labs.

As well as, the app empowers creators, video games, and types to craft unique digital collectibles within the type of NFTs known as “Shinys.” These collectibles may be minted on the platform, shared with superfans and group members, and displayed of their custodial wallets.

Basically, the app is bringing down entry limitations and positioning itself as the best strategy to be a part of the Web3 panorama whereas specializing in rising passionate communities for a thriving ecosystem.

At BlockchainSpace we’ve been engaged on Web3 group infrastructure since 2018. The launch of YEY is a end result of 4+ years of group administration expertise simplified right into a seamless person onboarding expertise.

says Ann Chien, Principal of Funding at Infinity Ventures Crypto.

Bringing Blockchain IRL

The FIBA deployment highlights YEY’s dedication to seamlessly integrating real-life person experiences with blockchain expertise, showcasing its potential for sensible purposes.

For BlockchainSpace, this partnership propels YEY past the Web3 ecosystem and into the mainstream market and proves the seamless integration of blockchain expertise with real-life purposes.

BlockchainSpace is likely one of the main Web3 pioneers that’s all the time devoted to constantly bringing worth to the Web3 communities in Southeast Asia. We’re very assured that with the launch of the brand new YEY platform, it should additional strengthen the connection between the group, creators, manufacturers, and video games, benefiting one another and taking the group’s worth to a brand new stage.

says Ann Chien, Principal of Funding at Infinity Ventures Crypto.

California-based enterprise capital agency Infinity Ventures Crypto, a key investor in BlockchainSpace’s strategic spherical in 2021, backed the startup because it noticed the potential of a  community-driven platform path. As such, BlockchainSpace was allowed to develop and make a long-lasting impression on the worldwide tech panorama, they usually’re not stopping anytime quickly.

YEY’s potential for creating worth and connecting communities is infinite, due to its ease of use. Whereas the platform at present has a waitlist, YEY is welcoming enterprise collaborations of any measurement or trade.

About YEY

The YEY app (https://yey.tech) is a community-collectible platform hosted by BlockchainSpace and is at present in its Pre-Alpha stage. YEY empowers creators, video games, and types to reward superfans by means of distinctive Shinys and different engaging rewards.

About BlockchainSpace

BlockchainSpace is a Web3 options firm based mostly in Singapore for gaming and creator communities, enabling group homeowners to handle, develop, and monetize communities collectively.

For inquiries, contact: [email protected]

To be taught extra about BlockchainSpace, go to http://blockchainspace.asia

Observe BlockchainSpace’s social media for extra updates:

Twitter | Telegram | Discord

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Tags: BlockchainSpaceCommunityDebutsFIBAgiantPhilippinePlatformPolygonbasedRewardstelcoYEY
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