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Unique Mementos: Customers receive a unique digital asset that represents their personal adventure along with the thrilling physical experience.Customer Retention: The included 50% discount on the next jump incentivizes repeat customers aiding in customer retention.
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Problem Statement
With traditional skydiving experiences, customers are provided with tangible memories - typically photos or videos. However, these memories are rarely 'exclusive’ or shareable in a way that truly captures the uniqueness of each individual skydiving experience. On the business side, most skydiving clubs miss opportunities to provide incentives for returning customers.
Solution
We propose to issue a unique Non-Fungible Token (NFT) for each skydiving experience - creating a truly premium and unique digital collectible. This NFT will include a 5-minute video, stored on IPFS (InterPlanetary File System), that captures the thrill and beauty of each individual jump. Additionally, each NFT can be redeemed to receive a 50% discount on the next ride, incentivizing repeat customers.
Technical Implementation
The NFT is created and managed on the XRP Ledger (XRPL) using its native tokenization functionality. During each skydiving experience, a 5-minute video is captured and then uploaded to IPFS. The resulting IPFS hash is then included in the metadata of our NFT - providing a permanent, immutable, and decentralized way to access the video content. The redeemable offer is implemented as part of the token itself, where owning the token equates to being eligible for the discount.
Potential Benefits
The combination of XRPL and IPFS brings a distinctive approach for enhancing the skydiving experience, offering the following benefits and more:
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