Powered by Subscription NFTs

Cormac Hayden
Ownchain
Published in
2 min readAug 29, 2022

Ownchain is a no-code platform for creators and businesses to launch NFT storefronts with their own smart contracts on Ethereum. We follow a traditional SaaS model similar to Shopify, but with one twist – subscriptions are powered by NFTs.

Quick Breakdown

To use Ownchain, you need to hold an Ownchain NFT in your crypto wallet.

We release new NFT subscriptions in batches of 100 available for minting at http://subscriptions.ownchain.it/.

Ownchain NFTs are free to mint and holders are charged 27 USDC every month they hold the NFT, so essentially the first month acts as a free trial.

Ownchain NFT subscription collection page

Once you minted (or purchased an Ownchain NFT from a secondary market) that’s all you need to get started building your NFT storefront on Ownchain by visiting the console.

Why we chose NFTs

The traditional subscription model works pretty well, using Stripe as your backend payment processor and charging customer cards every month, but we knew we could do better.

For one, because we are focused on providing decentralized tools we didn’t want to rely on a centralized payment company who can block payments at any time. With NFT subscriptions owners can prove their membership on-chain and send/receive payments easily.

Additionally we believe users of Ownchain should be rewarded. Because users own the NFT in their wallet, holders can resell them on secondary markets and receive revenue. As more and more people adopt Ownchain the price of each NFT subscription will likely appreciate since we are keeping supply limited.

Wrapping it Up

To learn more about Ownchain NFTs checkout our documentation or join our discord.

The next phase of the internet begins with ownership and we believe NFT subscriptions are a powerful step in a sovereign future.

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