Fayre Launches NFT Marketplace, the First Part of Their WEB3 Ecosystem Which Will Include Decentralized Loyalty and Check-In-To-Earn

Fayre launches NFT Marketplace where members can get zero transaction fees.

London based Fayre Labs, a Web3 gateway connecting brands and fans, has launched their NFT marketplace, Fayre.com, which includes 0% transaction fees when their FayreCard NFT is used or Fayre token is locked.

Zero transaction fees for members is a key differentiator in current market conditions where price sensitivity is a major issue. The Fayre NFT marketplace is the first piece of a broader Web3 ecosystem that is being built.

“We want to bring more engagement to the sector and create something that lowers the barrier to entry so that more people can get involved in Web3.” said Fayre Founder Luis Carranza

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Other differentiators include a brand dashboard that allows brands and IP owners to communicate and engage with their NFT holders and create and manage NFT memberships. NFT drops can be managed like fan clubs or decentralized loyalty programs.

“We want to bring more engagement to the sector and create something that lowers the barrier to entry so that more people can get involved. We’re planning to gamify check-ins and loyalty through our app and airdrop program. Rewarding people to engage is one of the best ways to entice new participants into Web3,” said Fayre Founder Luis Carranza, an entrepreneur and crypto veteran.

“The Fayre ecosystem is just getting started. We are in a bear market, but we believe that low cost, high utility NFTs will redefine how brands interact with audiences. That’s why we’re building our Web3 tooling for brands now,” Carranza said.

Carranza has worked intensively on the launch of Fayre with his team of highly-skilled technologists. They are a part of the Outlier Ventures accelerator within the FileCoin Basecamp.

“Fayre aims to attract the next 10 million NFT owners and this starts with brands, and their existing fans,” said Carranza.

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