Forbes is intensifying its involvement in the Web3 space with the release of the Forbes Web3 loyalty program. This program was developed in conjunction with the qiibee foundation. At its core, the loyalty program is a blockchain-based system that aims to connect and reward members of the Forbes Web3 community.
The Web3 loyalty program at Forbes is integrated into the magazine’s larger mission to assemble a hub for discussion, learning, and collaboration that centres around Web3 technologies. These include blockchain, cryptocurrency, NFTs, and the metaverse.
The Web3 loyalty program at Forbes is focused on rewarding its community for engaging with it. While the specific details of the rewards and partnerships have yet to be released, the program hopes to arm participants with options that reflect the adaptability and innovation of blockchain technology.
Gabriele G. Giancola, CEO of the qiibee foundation, emphasized how blockchain is driving the innovation behind the program: “Blockchain technology is the foundation of this innovation, making it more transparent and accessible for users while empowering them to engage with the brands they love in new ways.”
According to Forbes, the “Upcoming platform will provide Forbes Web3 users with a wide array of reward options, ranging from gift cards for popular brands like Amazon and Apple, to opportunities to donate to charity or earn airline miles for future trips.”
The loyalty program draws its strength from the expertise of the qiibee foundation in the token-based loyalty systems that are powered by blockchain technology.
Forbes’ loyalty program for Web3 dovetails with its other key offerings in this new digital frontier, such as the Forbes Legacy Pass, a collection of 1,917 soulbound NFTs that are intended for Web3 creators, entrepreneurs, and change-makers. These NFTs grant holders exclusive access to a range of truly valuable benefits and opportunities within the broader Forbes ecosystem.
Blockchain Technology for Secure and Flexible Engagement
Forbes sees blockchain technology as a safe, clear, and user-friendly platform for managing rewards in its Web3 loyalty program. It is a platform that users can trust because their interactions with it will be as verifiable as any interaction with a public ledger can be and as impossible to alter as any smart contract can ensure. Forbes’s use of blockchain affords a space-age solution to an old problem: how to make a good loyalty program that earns users’ trust and that users can, in turn, trust.
Forbes’ Commitment to Web3: Loyalty, Learning, and Innovation
Forbes is trying to build a vibrant Web3 ecosystem, and the Web3 loyalty program is one of its many initiatives in this direction. In events such as the Web3 Summit, Forbes brings together not just industry leaders but also innovators and enthusiasts to discuss the latest key developments and trends in Web3. All of these happenings and offerings—of which the loyalty program is just one—present users with more opportunities to engage with the emerging Web3 space.
Later this year, the new loyalty program is set to debut, with a sneak peek planned for the Singapore Crypto Carnival. At that event, attendees will get a chance to interact with the Forbes platform and earn FOR3 points that they can later “redeem” for various rewards and benefits.
Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.
