Boson Protocol Community Update #6

Alastair Band

Published in

BosonProtocol

5 min readApr 16, 2021

Friday 16th April, 2021

Hello Bosonauts!

Community update number 6 is right here! It’s hard to believe it’s been twelve weeks since we started this series, so much has happened and we are all so excited for the future here at Boson Protocol. We are set up for success and won’t settle for anything less.

As always, there’s lots of great news in here but even more coming up in the coming days and weeks — so be sure to follow our Medium page, Telegram and Twitter to always be up to date.

Read on for the latest happenings within Boson Protocol…

Highlight of the fortnight

$BOSON Public Sale successfully completed with $25.8m raised

Last week, we closed our public token distribution, and we were blown away by over 9000 bidders contributing 25.8million USD to fund the development of the Boson Protocol.

Boson Protocol is designed to fight for the future of dCommerce and the rights of individuals and companies, their relationships, value, and data to benefit all, not to be ‘leveraged’ just for the advantages of the big guys. It is what we believe in and why we exist.

The token sale is the way we can ask the community to support that vision and help fund this change, for the greater good and bringing it to reality in terms of a fairer, more trustless, and capture-resistant decentralized Commerce ecosystem in the near future.

Following the closure of the auction, we are delighted to share the following milestones:

Total volume of bids: 55.2m $USDT

Final clearing price: 4.3 $USDT

Total number of bids: 9280

Average bid size: 5948 $USDT

18 months ago our project was an ambitious dream. We persevered through “crypto winter” and came out stronger on the other side. We couldn’t be more pleased with the support we have received from the community. Our mission to decentralize commerce is only just getting started.

Latest Partnerships

NiftyKey, powered by Boson Protocol, announces new partnership with Krowd

Boson Protocol is delighted to announce that NiftyKey, the Boson powered crypto rewards platform, will collaborate in partnership with Krowd, the loyalty and incentivisation Offer Bidding platform.

Data is at the heart of loyalty and a key part of Boson Protocol’s and NiftyKey’s mission to create a data economy for everyone and is directly aligned with Krowd’s key objective to use data to recognise opportunities and create more value for consumers, retailers and partner programmes alike. Consumers will be in control of their data and if they make it available for consumption and re-use, they could benefit from further incentives and rewards.

Krowd will look to leverage the unique capability of NiftyKey NFT Commitment Tokens to avoid ‘double dipping’ of offers when a consumer registers the same offer from more than one programme provider, increasing the accuracy of targeting and avoiding unnecessary revenue dilution for its partners.

NiftyKey, powered by Boson Protocol, announces new partnership with Loyalty Juggernaut Inc.

Boson Protocol is delighted to announce that NiftyKey, the Boson- powered crypto rewards platform, will collaborate in partnership with Loyalty Juggernaut Inc. (LJI), working with its leading loyalty and customer engagement platform, GRAVTY®.

We specifically want NiftyKey to connect with technology leaders in the loyalty and rewards space to leverage its advantages and extend their capabilities as a way of doing business better.

In LJI we have a partner already with the advanced technology platform to really capitalise on the different processes and mechanics available via NiftyKey and the underlying Boson Protocol for our joint clients.

They will help brands create new customer value propositions, sourcing member benefits from across a network ecosystem confident in the knowledge that the transaction and end user benefit is secured and a positive customer experience is ensured

The unique capabilities of blockchain for offer and voucher management via NFTs combined with an open architected, flexible loyalty platform means that together NiftyKey and LJI can offer clients the ability to address the demanding needs of ‘crypto-native’ type audiences as they look for Trust, Control and Ownership of their benefits.

You can access all the full partnership details here.

Community News

Boson Guardians — community rewards program launch

Community support for our token sale, and the future of Boson Protocol is pivotal if we are to succeed, and therefore we wanted to find a way of thanking those that commit their trust, and economic might behind what we stand for.

This is why we have created the Boson Guardians program — a thank you to our earliest and most loyal supporters, to show that we need and appreciate their help and understand that we are here to serve the community, not ourselves.

Holding $BOSON tokens may be an investment for some, but it also drives our success and therefore we will both reward holders contributions and recognise their commitment and achievements. Based not just on how many tokens you hold, but how long you have held them we will drop token rewards, starting with a six-month minimum tenure to provide a thank you and a yield for token holders.

Make sure to check out the full rewards program now.

Boson Protocol Post Sale Community AMA Transcript — March 12, 2021

To kick things off with our post auction activities, we had the pleasure of hosting an AMA in our own Boson Protocol Telegram, addressing questions of the community and sharing our vision about the future of Boson Protocol and dCommerce at large. In case you missed it, here’s the transcript.

The AMA was hosted by our Head of Community Alastair Band (AB). In addition to founder and CEO Justin Banon (JB) answering questions, we were joined by Matt Law (ML), Chief Strategy Officer at Boson Protocol.

Signing off for another fortnight

Thank you for reading the newsletter and staying up to date. We will be back soon with more! Join the conversation with the rest of our community on telegram. We hope you have a fantastic end to your week.

All the best,