Over the weekend, I had a some ideas for NFT-powered memberships which can be structured to take advantage of secondary markets, gamification and collecting:

Vetting:
Firstly, if you need a vetting process. Vetted candidates could receive a soul bound NFT to validate their passes.

Membership:
Switch from open recurring memberships and to season passes. Seasons can be tailored to last a year, a month, or a quarter.

Pay upfront for the entire season or break it down into manageable monthly payments.

Annual pass:
Unlock the whole season membership with one payment, minting a single pass or buying it on secondary.

Monthly pass:
The pass starts with 12 empty slots.

Buy one non-transferable NFT stamp per month to fill the slots like a stamp card. Fill them up to keep the pass active.

Plus, the non-transferable stamps are owned by your pass, so they can be sold together as a package deal.

Let's gamify it!
Level 1. Make the stamps transferable, with unique artwork, rarities or variable benefits. This'll boost engagement, swaps, and community spirit.

Randomly reward active or encourage disengaged members with free stamps.

Season end:
Switch the pass from utility to collectible. Partner with an artist and flip the script to collectible 1/1, partnership, new artist spotlight...

Flip utility from access to rewards. Hold and stack previous seasons for discounts, extra access, status...

Take Gamification to the next level with Rewards.
Unlock exclusive access and experiences by burning past season passes. Start partner programs for OG users with more than x seasons. Offer group chat access if you hold all past season passes.

The possibilities are endless!

"Do memberships need to be NFT's though?" Obviously not.

NFT gym memberships? No way.

A web-based community with added composability, secondary market and public flexing? Now we're talking.

It comes down to context and use case.

NFT-powered memberships aren't a one-size-fits-all solution.

It's all about your use case, target audience, and gut feeling.

What seems important, though, is that they are not called "NFT memberships." Just "memberships." The technology powering them does not matter in the same way that Soho House is not called an SQL membership just because it is powered by a database.

But that's another post.

Are you building an NFT-powered membership product or considering a membership program?

Let's chat!