MyGeoTokens Unveils A New Groundbreaking NFT Marketplace

(PRESS RELEASE – Edmonton, Canada, December 14th, 2023)

A fusion of patent-pending geospatial tech with NFTs for next-gen marketing & immersive experiences

In an era when Web3 has begun integrating with the real world events, MyGeoTokens redefines the meaning of use case and tangible utility by developing a geospatial NFT marketplace. Bridging patent-pending proof of location technology with existing NFT capabilities, digital marketing and on-location experiences are elevated to increase attention, engagement, and conversion rates. With the upcoming MyGeoTokens marketplace platform, NFTs will be more than just a JPEG; each collection launched with the app can instantly offer in-the-moment redeemable value and practical application in virtual and physical locations.

MyGeoTokens App Experience

In Web3, products often end up being much the same; the MyGeoTokens app enables both brands and influencers to create more dynamic and immersive experiences for customers and fans. Any location around the world can be fenced for an NFT collection drop and fans can snag the NFTs, all within the same app.

MyGeoTokens solves significant problems with location-specific technologies. QR code images can be shared with off-site snaggers and NFC (near-field communication) offers a poor user experience with long lines that queue to verify location. The patent-pending geospatial technology of MyGeoTokens allows for instant proof of location and a simple user experience for NFT transactions, allowing for easy, in-the-moment onboarding of Web3 newcomers and veterans alike.

Fence, Drop, Snag – it’s easy as 1, 2, 3

Built on Solana for maximum throughput and low transaction costs, the MyGeoTokens app is designed to be simple and intuitive so anyone can launch a location-specific NFT collection for interactive marketing, high-conversion sales, and elevated engagement purposes. With an easy-to-navigate interface and experience that offers minting to Web3 wallets as an option, everyday interactions and events turn into an engaging and straightforward experience for both the dropper and snagger.

• Fence: A brand or influencer sets up a geospatial boundary on the map within the app. In the image, a user fenced Crypto.com Arena for the NFT collection drop.
• Drop: Next, the brand or influencer drops the NFT collection within the fence. A user drops the NFT collection for snaggers within the Crypto.com Arena fence.
• Snag: Anyone within the Crypto.com Arena can open the MyGeoTokens app and collect the NFT within the app. The snagged NFT can be used for real-world redemption within the app or minted to a Web3 wallet for redemption or use on the secondary market.

Genesis NFT Collection: Anticipated Mint Set for Q1 2024

Minting early 2024, the MyGeoTokens Genesis NFT Collection will mint on Solana and unlock access to the MyGeoTokens Collector’s Club. Holders can access a tiered benefits system with MyGeoTokens platform profits airdropped to Genesis holders, with different distributions based on the variation. If a holder collects one of each variation, a SUPER Geo NFT offers an extra reward boost. Other promised rewards include exclusive access to Geo’s Alpha Group, where members learn the location of NFT collection drops before anyone else, and annual travel voucher giveaways for each tier.

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To learn more about the MyGeoTokens app and the upcoming Genesis NFT Collection, check out https://MyGeoTokens.com.