CardFi makes it easy to create, trade and redeem asset attached NFT gift-cards. CardFi is a new layer 3 NFT EVM protocol that provide NFT holders with the ability to store value associated with a particular NFT and transfer it to someone else.

NFTs (non-fungible tokens) is a new form of digital asset that is becoming popular. They have certain properties that make them attractive to investors and collectors, such as being unique, scarce, and immutable.

However, there are some drawbacks to NFTs that have prevented them from becoming more widely adopted. One of these is that they are not attached to any underlying asset, so their value is purely speculative.

This is about to change with the introduction of asset-backed/attached NFTs on Ethereum and related blockchains. These NFTs will be backed by real-world assets, such as property, art, or even cryptocurrency. This will give them intrinsic value and make them much more appealing to investors.

In a world where more and more commerce is happening online, it's no surprise that gift cards have become a popular way to give someone the perfect present. However, traditional gift cards are often associated with centralized platforms like Amazon or iTunes. Asset-attached NFT Gift cards are different. Because they're built on the decentralized web, they offer several advantages over traditional gift cards. 

For one thing, they're impossible to copy or counterfeit, each card is unique and independently verifiable. They're also more secure because the value is defined and stored on the blockchain. And because they're attached to specific crypto assets, they can buy anything from digital art to gaming items. In other words, asset-attached NFT Gift cards are the perfect way to give someone the perfect present in the web3 age.

Another study conducted by CEB TowerGroup as reported by Marketwatch claims that of the more than $166 billion currently spent on gift cards, roughly $1 billion goes unspent and is expected to reach USD $388B by 2027, growing at a CAGR of 19.12%. Global Gift Cards Market to Reach US$1.4 Trillion by the Year 2026.

The CardFi Protocol allows users to deposit ERC20 Fungible tokens to the contract. Only the current holder of the given NFT has access to the asset. This is a non custodial protocol. If you lose access to the NFT or wallet, it will be lost. CardFi DAO is not responsible for the loss of any or all of the assets, NFTs or wallets. Use at your own risk.

CardFi is a blockchain-based platform that uses gamification to encourage the adoption of new technologies and platforms. By offering rewards in the form of nfts or gift cards, users are more likely to try out new things and come back for more. Additionally, web3 gamification can help to build a community around new projects and platforms, creating a virtuous circle of adoption and engagement. Ultimately, web3 gamification is a powerful tool for driving the adoption of new technologies, and it should be used judiciously to achieve the maximum impact.

Small businesses are always looking for ways to create loyalty. Word of mouth is how companies grow, and the best way to keep the conversation going is to create a unique experience that encourages customers to return often.  NFTs can be a creative and effective way for small businesses to incentivize loyalty and reward customers.

With CardFi, businesses can give NFTs as loyalty and rewards to their customers with NFTs that hold value they can use to purchase in the future. Small businesses can create limited-edition NFTs that loyal customers can obtain. For example, a coffee shop can make a limited-edition NFT using the CardFi protocol that can be redeemed for a free coffee after a certain number of purchases and can have an actual value attached to spend in the store. This can incentivize customers to keep coming back and make repeat purchases.

A retail store can offer a 10% discount to customers who hold an NFT earned by referring new customers to the store. That is made possible with CardFi, where value can be added to NFTs and easily redeemable using tap on a mobile phone.

Small businesses can create an NFT-based loyalty program where customers earn tokens for every purchase. Combined with a gamified reward system like Award Pool <awardpool.com> and the CardFi protocol, the NFTs can be loaded with tokens redeemed for rewards like free products or discounts on future purchases.

By creating unique tokens and offering exclusive rewards with attached verifiable value, small businesses can build a strong community of loyal customers excited to promote and support their business.

Event planning is hectic and time-sensitive. When planning an event, there is a lot of focus on ticket sales and getting people to the event, but how do you keep them engaged after ticket sales? With CardFi, event planners can offer NFT tickets and POAPs that come with an attached value that attendees can use towards items at the event and future events.

POAP (Proof of Attendance Protocol) NFTs can be used as event tickets stored on a blockchain, making verifying ticket authenticity easier and preventing fraud. With CardFi, event planners can add value to those POAPs attendees can spend at the event. This gives them additional incentive to explore the venue, sponsors and offerings.

Those NFTs can also be used to grant access to exclusive content, such as backstage passes or VIP areas making the event feel exclusive and exciting. Additionally, by adding CardFI value to these NFTs, you can give them one-tap access to purchase at the event with the NFT they used to buy their ticket in the first place.

NFTs can be used as rewards for attendees who participate in certain activities or complete certain challenges. Companies such as Award Pool <awardpool.com> make this possible, where event organizers can create an NFT to award attendees who participate in a scavenger hunt or complete a survey.

With CardFi, all of these NFT action plans can have added value and give attendees a reason to be excited about purchasing at the event and load up their NFT with more value for future events.

DeFi offers enhanced protocols that can improve the functionality, efficiency, and security of financial systems. The yield generated from a protocol can be used outside of the protocol in a number of ways when attached to an NFT created on CardFi.

Reinvesting in the protocol: One option is to reinvest the yield back into the same protocol to earn even more yield. Staking in other protocols: Another option is to stake the tokens earned from the protocol in other DeFi protocols that offer yield.

Providing liquidity: The tokens earned from the protocol can also be used to provide liquidity to other DeFi protocols.

Trading or selling: The tokens earned from the protocol can also be traded or sold on a cryptocurrency exchange. If the price of the token has increased, you can sell it for a profit. Alternatively, you can hold the token and wait for its value to increase even more.

Donating or investing: Finally, the yield generated from the protocol can be donated to a charity or invested in other assets outside of the DeFi ecosystem, such as stocks, bonds, or real estate.

CardFi makes it simple to create those financial opportunities with your protocol by easily attaching the value to an NFT. You can reinvest, stake in other protocols, provide liquidity, trade, sell or donate your liquidity via asset-attached NFTs created on CardFi.

As an artist, the CardFi protocol adds value to your NFT art beyond the design, thus setting an asset-backed floor value. In addition, the art can be a one-of-a-kind piece or part of a limited-edition collection, making it more valuable and desirable to collectors.

Artists can limit the number of NFTs they create, making them more scarce and valuable. By adding actual value to the NFT and creating a limited number, artists can develop a sense of exclusivity and value, increasing demand for their work.

Artists can use NFTs to create enhanced digital experiences for collectors. For example, an artist can create an NFT that includes access to exclusive content like artist commentary or a physical twin to match their phygital one and the value that is attached to the art with the CardFi protocol.

An CardFi Membership is the best way to support the next generation of asset backed NFTs.

NFT based gift cards are the next big evolution in crypto and NFTs. Asset-backed NFTs are important because they provide a secure and transparent way to store and exchange value. By backing NFTs with various crypto asset, rewards or even collectible items, we can create a more secure and efficient system for exchanging value. This will be important for businesses and consumers alike, as it will allow them to conduct transactions quickly and securely.

Another advantage of NFT based gift cards is that they can be used to as secure and visual means means of commerce. This opens up a whole new world of possibilities for users who want to purchase items online but do not have a way to pay for them using traditional methods. NFTs also offer increased security and privacy compared to traditional gift cards with ability to associate various tokens to whomever holds the NFT.

A DAO, or Distributed Autonomous Organization, is a software-based decentralized organization. DAOs can do just about anything a traditional company or nonprofit can do: they can provide a variety of services to customers, create and invest in new projects through crowdsourcing, and even generate profit for those holding its tokens.
‍
DAOs work on the principle of aligning incentives across all participating parties to gradually release funds as a project gains momentum and support from the community. DAOs have their own internal token economies that bridge a divide between community and governance of a hosted application those community members unitilize such as a game, SaaS platform or other web based applications. .
In recent years, DAOs have moved from theoretical computer science models to real-world application through open source projects such as those offered by the Ethereum Foundation. 
‍
DAO creators frequently utilize cryptocurrencies as means for organization governance as well as payment services for their tokens which are used in their DAO structures. In order to incentivize participants, DAO operators generally mint fungible coins (ERC20) or assets that can store value (ERC721 NFTs) that can be redeemed both internally or elsewhere. 
‍
These assets often have an inherent market value at launch and are sold for other cryptocurrencies. DAOs are usually structured as decentralized autonomous organizations, but DAO tokens can also represent other things outside of a conventional business structure including events, property rights and even games. DAO’s are generally focused on building the involvement of a community around itself by leveraging social media to generate support with various initiatives requiring voting by its holders.Building an application and starting an organization involves funding and a lot of trust in the people you're working with. Sometimes, it can be hard to trust someone you’ve only ever interacted with on the internet. With DAOs you don’t need to trust anyone else in the group, just the DAO’s code, which is 100% transparent and verifiable by anyone.

Most DAOs today are built with an ERC20 token as their means of governance & voting — which ultimately leads to many people becoming investors if they want to take part in any form of governance, or worse — governance run by speculators. Neither is ideal.
‍
A DAO functions on a set of predefined rules included in computer code. These rules are often called a “smart contract” and the idea was first utilized by cryptographer Nick Szabo with his invention of “Bit Gold,” (a precursor to Bitcoin). DAOs and smart contracts seek to mimic what it means to be a “real” organization, but through the use of technology. 
‍
A DAO is created with a series of rules that outline how they operate and can be customized for specific projects. DAOs are considered revolutionary in that they allow individuals to coordinate towards specific goals without requiring compensation or oversight by any central party. DAOs are effectively managed by both humans and autonomous software agents under the control of these predefined rules - the “smart contracts. DAOs aim to provide open access to participation, not limited by barriers such as geography, infrastructure, resources or technical know-how. 
‍