Forbes collaborates with OKX Wallet to provide fast-track access to its NFT-gated member community, which includes exclusive access to high-profile events and the Forbes Inner Circle.
Forbes, a leading American business magazine, is enhancing its exclusive membership offerings by integrating Web3 technology through a new partnership with OKX Wallet. This collaboration will expedite user applications to its digital community.
Central to this partnership is the Forbes Legacy Pass non-fungible token (NFT), a digital asset that provides access to a members-only, token-gated environment where key figures, stakeholders, and innovators in the Web3 space can connect.
Forbes and OKX Collaborate
The partnership was announced on August 29, making OKX Wallet the sole on-chain wallet offering expedited application review for the Forbes Legacy Pass, which is limited to 1,917 tokens.
According to the announcement, users of OKX Wallet will receive priority application status via OKX drops.
The NFT provides several benefits, including access to “high-profile” in-person events, influence within the Forbes Web3 platform, and membership in the Forbes Inner Circle.
Taha Ahmed, Forbes’ chief growth officer, stated that this initiative demonstrates the publication’s dedication to “fostering innovation” while giving their community a platform to engage and contribute.
Forbes has been expanding its footprint in the Web3 space through partnerships with some of the industry’s most recognized entities.
On August 28, Forbes announced a new digital collectible called the “INSPIRE” collection, as part of the Base network’s Onchain Summer event.
Additionally, on August 21, it partnered with Optimism for “The SUNNYs,” an award show celebrating on-chain artists, developers, and community builders within the Superchain ecosystem.
Web3 and Real Life
A significant focus of Forbes’ Web3 collaborations is leveraging tools in the space to bridge real-life events and communities with the digital world.
Its partnership with OKX Wallet underscores the utility of NFTs as digital assets that unlock access to both digital and physical experiences.
While NFTs have been a central feature in the Web3 space for fostering connections, their popularity has been a subject of debate.
Recent trends show that once highly valued NFTs have experienced sharp declines as market investments shift, leading some to speculate about the potential decline of NFTs.
Nevertheless, data from August 26 indicated a slight recovery in weekly NFT sales volume across major blockchains, with Polygon showing a significant 123.20% increase.
