boson-protocol logo download PNG or SVG

Information about boson-protocol

Web3's Decentralised Commerce Layer is a platform that facilitates the sale of physical items as unique digital assets called NFTs. It allows users to sell these items in various online spaces such as games and virtual worlds. The platform has already tackled the technical challenges of tokenizing and linking physical products, enabling businesses to focus on creating innovative commerce experiences for their customers in the Web3 environment. With user-friendly and cost-effective tools, users can easily tokenize and sell physical products as NFTs in their own Web3 store, the Metaverse, or NFT marketplaces. The platform also allows for integration with users' websites, giving them complete control over the customer experience. Boson, the name of the platform, enables the creation of hybrid digital and physical assets, as well as secure and transparent purchases. Buyers have the option to redeem the NFT for the physical product, with guarantees for either receiving the item or getting a refund. This process eliminates the need for intermediaries or trust in the sellers, relying solely on code and independent dispute resolvers. Alternatively, buyers can also transfer, gift, trade, or hold the NFT, just like any other digital asset. Boson has been recognized as a groundbreaking technology by the World Economic Forum and operates as a decentralized protocol, ensuring that its users benefit and have a say in its governance. Additionally, Boson charges a minimal 0.5% protocol fee per transaction.

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