Web3, the next iteration of the internet, can help blur the boundaries between the physical and virtual worlds. In an effort to tap into the power of Web3 to drive people to explore Manhattan’s Seaport, a one-time bustling maritime and commercial hub in Manhattan’s historic waterfront neighborhood Seaport, real estate development management company the Howard Hughes Corp. teamed with Web3 infrastructure firm MoonPay to see if it could drive foot traffic to the area.
From August to October 2023, the Seaport Scavenger Hunt utilized Web3 technologies to host a scavenger hunt that allowed visitors to seek out ten purple “pearls” hidden throughout the Seaport neighborhood, with each pearl featuring a scannable QR code that unlocked a free digital token, designed by 3D artist and NFT creator Johana Kroft. Those who collect every token were then entered into a prize draw, with prizes ranging from VIP concert tickets to complimentary workouts to curated culinary gift boxes. The exercise proved successful at not just pushing people to visit and explore a real physical location, and spend their money there supporting nearby businesses, but also to try out Web3 protocols, platforms, and technologies such as NFTs, in an accessible manner.
This is just one example of how Web3 technologies can enhance business productivity. If you would like to discuss how your business can also benefit from Web3, please email [email protected]
This article is intended to provide generalized information designed to educate a broad segment of the public; it does not give personalized investment, legal, or other business and professional advice. Before taking any action, you should always consult with your own financial, legal, tax, investment, or other professional for advice on matters that affect you and/or your business.
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