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Media.Monks is Named a Salesforce Web3 Launch Partner

Media.Monks is Named a Salesforce Web3 Launch Partner

AI & Emerging Technology Consulting AI & Emerging Technology Consulting, CRM, Emerging media, Experience, Monks news, Web3 3 min read
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Written by
Nicholas Seo

Salesforce and Media.Monks logo

Web3 represents a considerable shift in the ways people meet, organize and build together online. And this has had profound implications in how brands are forging direct relationships with their base—precisely at a time when the need for deeper, privacy-safe insight into audiences has become table stakes.

And now that just got a whole lot easier. Salesforce has just launched Salesforce Web3, with two products: NFT Management and Web3 Connect. NFT Management makes it easy to mint, manage and distribute NFTs through any channel. Web3 Connect helps brands enrich customer profiles with digital wallet and NFT transaction data, effectively joining Web3 data with their existing CRM data ecosystem. Media.Monks will support Salesforce Web3 as an official launch partner, furthering our shared effort to guide industry-leading brands along their Web3 journeys. Here’s how to start your own.

Step into Web3, backed by a trusted technology partner.

Salesforce Web3 helps brands enter the Web3 space through a familiar interface. By easily creating digital collections with NFT Management, brands can reach new customers in Web3 channels while enriching customer relationships—meaning it’s never been easier for heritage brands to extend into Web3 as a new, connected touchpoint to sell, service and market to audiences.

Salesforce Web3 also builds legitimacy by overcoming some of the perceived challenges of Web3, like privacy and security concerns. For example, the platform keeps your data secure with configurable privacy controls and built-in fraud detection. This way, brands and their customers can invest confidently in Web3.

Additionally, brands can leverage Web3 Connect to bridge Web2 and Web3 identities, joining Salesforce's existing data attributes within its Customer 360 ecosystem together with Web3 wallet data. This is key, because Web3 offers a new first-party data set, which brands will increasingly rely on to deliver personalized, omnichannel engagement at scale: wallet and NFT transaction data unlock real-time insights into audiences and channels that help future-proof a brand in a time of new privacy regulations and cookie deprecation.

Build insights and longevity through incredible Web3 experiences.

One of the most important things to understand about Web3 is that it’s more than just NFTs and PFPs: it’s an evolution in the ways people engage with one another and with brands. This calls for a re-evaluation of how brands relate to digital audiences today, as well as a need for new skills to collaborate with them authentically. Our digital experts combine deep cultural understanding of Web3 with longstanding CRM expertise to guide brands and show them the way to authenticity in the space.

Monk Thoughts A revolution in brand-customer relationships calls for a significant overhaul in ways that brands and people engage.
sol

Based on their experiences with notable early adopters in Web3, our team has shared insights in two foundational thought leadership pieces, published in collaboration with Salesforce. Web3 and the Future of Customer Engagement invites readers to follow the near-future customer journey augmented by a range of Web3 use cases and touchpoints. A follow-up piece, Web3 and the Future of Luxury, goes deep inside an industry that has enthusiastically embraced Web3, showing how a new class of digital entrepreneurs and craftspeople empowered by technology are already transforming brands and business.

It's clear that a successful step into Web3 means more than just dropping an NFT collection and calling it a day. Ranging from discovery, strategy, activation and optimization, we’ve helped brands maximize the impact of Web3 activations across their business—for example by enhancing customer loyalty programs, building immersive experiences in virtual worlds, nurturing emerging communities in channels like Discord, or even launching IRL experiences that bridge the virtual and the real. 

The byproduct of building brand love across these touchpoints is a stronger understanding of consumers, as Web3 offers numerous triggers to develop first-party data, from the contents of one’s wallet to the kinds of communities that people choose to invest time, activity or money in. Our experience of future-proofing brands’ data strategies in preparation for the privacy era helps connect the dots between activation and insights that can fuel the business long-term.

Start your Web3 journey now.

From digital experiences that reach new audiences to building up first-party data sets, Web3 is ripe for brands to build longevity and future-proof their business. As a space that is inherently driven by emerging consumer behaviors, meeting new expectations within Web3 relies on understanding how customer relationships and attitudes toward ownership and participation continue to evolve. Brands who can rise to the occasion are ideally suited to the new era—and as a trusted Salesforce Web3 launch partner, we can help get them there. Reach out below to get started on your Web3 journey.

Salesforce Web3 is a trademark of Salesforce, Inc. and used here with permission.

Media.Monks will support Salesforce Web3 as an official launch partner, furthering our shared effort to guide industry-leading brands along their Web3 journeys. Web3 Web3 technology NFT salesforce marketing Experience CRM AI & Emerging Technology Consulting Monks news Web3 Emerging media

Three Shifts in Business Mindset to Guide Web3 Success

Three Shifts in Business Mindset to Guide Web3 Success

AI & Emerging Technology Consulting AI & Emerging Technology Consulting, CRM, Customer loyalty, Experience, Industry events, Web3 4 min read
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Written by
Monks

Purple threads travel into a white circle

So much of the discussion around Web3 is focused on tech jargon, exorbitantly priced artwork and the promise of riches. But in the doldrums of a crypto winter, brands are looking beyond the hype to explore where NFTs, blockchain and Web3 philosophies can meaningfully fit within their wider marketing strategies.

To explore how brands could innovate a scalable, customer centric Web3 strategy, we partnered with the Salesforce Web3 Studio to gather a team of experts for a Brunch ‘n Learn session at CES. Jordan Cuddy, Partner and Chief Client Officer at Jam3; Marc Mathieu, Co-Founder of Salesforce Web3 Studio; and Swan Sit, Independent Board Director, Advisor, Creator and Investor, discussed how early adopters have leveraged Web3 to create more meaningful connections with their customers—and how the technology represents a foundational shift in customer relationships.

Jordan, Matthew, and Swan at CES
Suite at CES where a crowd gathered for Media.Monks presentation on Web3

While the conversation touched on several key insights and examples of brands in the space, the trio uncovered three key shifts in mindset that will help brands realize the true potential of Web3, whether by strengthening customer experiences, better understanding who they’re marketing to, or building long-term loyalty.

It’s about the value of the brand, not the product.

Whether it’s a loyalty program, a digital wearable collection or something different altogether, the true value in any Web3 engagement lies in whether it feels authentic to the brand. In short, no one is going to care about (or stick with) a Web3 project that’s at odds with what the brand stands for. So if you consider making moves in Web3, start by taking stock of what makes your brand valuable to people already. “In your P&L, when you look at the intangible lines and want to look at the value of a brand or community, that’s a representation,” says Sit.

As for what an authentic brand alignment looks like, Cuddy offered an example from our work with Adidas. The strategy team at Jam3 realized there was a shift in consumers’ minds from “Where can I go in the metaverse?” to “Who can I be in the metaverse?” Realizing the desire for unique ways to express oneself in this space, we built a platform that generates a unique, interoperable metaverse avatar based on each user’s personality. “It made sense for a brand that says ‘Impossible is nothing,’” Cuddy says.

Monk Thoughts Never do tech for tech’s sake. Does it make sense for your brand? Authenticity is key, and this generation sniffs it out so fast.
Jordan Cuddy headshot

Digital identities are complex and nuanced—not just numbers.

Consumers are people. It may sound obvious, but marketing teams everywhere are facing a reckoning for chasing cookies and arbitrary identifiers rather than forging meaningful, impactful personal relationships with their base. “We’ve forgotten that people are not just data and that we can just target them,” says Mathieu. “In reality, the underlying technology of Web3 is about giving back power to the user and creators, but that means we need to be ready to stop thinking of them as just consumers.” 

Think of them collaborators, co-creators, co-innovators or co-contributors—but either way, make sure the service you’re providing is actually valuable to them, because that’s what drives anonymous Web3 users to identify themselves. “Most people don’t want to give you their data if you don’t give them something in return,” says Mathieu, noting how in this way, Web3 technology can play a crucial role in future proofing brands’ CRM strategies as they head into the post-cookie future.

Beyond futureproofing, Web3 will make identity more complex. “A lot of people feel more authentic digitally because they’re able to express and experiment with who they are more freely without prejudice and inequalities,” Mathieu says. “We’re on the verge of having to deal with a very different concept of identities.” But that’s a good thing, because those complexities are rich for gaining deeper and more nuanced insight into your audience. What projects or communities a person chooses to invest in says a lot more about them than traditional identifiers like a phone number or email address, says Mathieu.

Loyalty is about being loyal to your customer.

“We’ve been thinking of loyalty as something consumers owe us,” says Mathieu. “Now, consumers are saying, ‘How will you be loyal to me? Are you going to serve me throughout my life through products, experiences and services?’” Again, looking at your customers as collaborators—in which brand and audience both have skin in the game—is a path to unlocking greater loyalty.

Web3 is a creator space, and brands who are comfortable collaborating with their consumers will come out on top. In fact, there may already be a community dedicated to your brand without your knowledge or authorization—but instead of pulling the plug, consider ways you can support and join in the fun. Matheiu compared it to the time he worked at Coca-Cola in the early days of Facebook, when the company discovered a group about the brand made by fans. “We asked how to make it bigger instead of shutting it down,” he says.

Cuddy also shared the process of seeking fan input in developing ComplexLand, a virtualization of the iconic ComplexCon that we continued to evolve over three annual editions. “Between each version, we talked to the community. We didn’t do typical market research; we talked to people who actually participated,” says Cuddy. In year two, for example, the team added multiplayer experiences based on fan feedback. The most recent iteration implemented NFT creation to solve fans’ need for more ways to express themselves creatively. “We listened to them and applied it, and that starts to build that loyalty when they’re the co-creator.”

Shift your mindset to win in Web3.

Remember, NFTs, blockchain and the like are just technologies—a means to an end, not the end itself. Sit aptly put it this way: “When someone asks what music you listen to, you don’t say MP3s.” 

Likewise, the way brands unlock value in Web3 isn’t to put out projects for the sake of it; it’s about working in partnership with your customers to better serve their needs. Web3 has ignited consumer mindset shifts across trust, products and ownership, and now’s the time to follow suit—because when you do, you’ll gain a stronger, more nuanced relationship with your base.

Uncovered three key shifts in mindset that will help brands realize the true potential of Web3. Web3 Web3 technology customer experience NFT CRM strategy Experience AI & Emerging Technology Consulting CRM Web3 Industry events Customer loyalty
Dom Perignon champagne bottle in front of a black sheet
Lady Gaga holding a giant champagne bottle in a large red dress

NFT Museum • An Immersive, Shoppable Exhibit in Web3

  • Client

    Dom Pérignon

  • Solutions

    PlatformWebsites & PlatformseCommerce PlatformsImmersive Brand Storytelling

the Dom Perignon NFT museum showcasing NFTs

An NFT collection worth going gaga over.

The collaboration between champagne house Dom Pérignon and Lady Gaga marked the meeting between two creative visionaries, resulting in two limited-edition products—Dom Pérignon Vintage 2010 and Dom Pérignon Rosé Vintage 2006—and an alluring sculptural work signed by Lady Gaga. Our goal was to maximize the collaboration in France, but because French law prohibits the use of foreign advertising assets for alcohol promotion, we uncorked an avant-garde plan befitting the two masters of creativity: a virtual exhibition of NFTs inspired by the limited-edition bottles.

A champagne bottle pouring into glasses
Press A digital pop-up comes to life to discover this collection limited to 100 bottles: 50 copies of Dom Pérignon Vintage 2010 as well as 50 copies of Dom Pérignon Rosé Vintage 2006. Each bottle purchased in this space is available in two versions: physical and digital.
Read on Vogue

An integrated path to purchase for maximum immersion.

The Dom Pérignon x Lady Gaga bottles are more than vessels for champagne; they’re full-fledged art pieces. To complement their illustrious beauty, we designed and built an elegant  platform where people could immerse themselves in the partnership, browse the breathtaking NFT collection and purchase their own bottle—in its physical form and as an NFT bundled together. To ensure a seamless and intuitive experience, we built a dedicated marketplace that allowed users to create their own Ethereum wallet with ease. And after the NFT purchase was complete, a concierge delivered the bottle within 48 hours.

  • Dom Perignon x Lady Gaga logo in front of velvet curtains Dom Perignon champagne bottle in front of a black sheet

Using craft and artistry to generate desirability and demand.

Throughout the virtual exhibit, visitors could peruse 100 numbered NFTs: half for Dom Pérignon Vintage 2010 and half for Dom Pérignon Rosé Vintage 2006. Animated and artistic, the collection captured the full-bodied elegance of each bottle and sold out in just 10 hours. It was clear we succeeded in reaching both Dom Pérignon lovers and the Web3 community alike: following the initial sale, a handful of NFTs went up on the secondary market, where sales value increased by nearly 1500%. We’ll say cheers to that.

Results

  • 1,000 opt-ins
  • 30,000 users
  • 35,000 visits
  • PR coverage earning an estimated advertising value equivalency of €415K

Want to talk platforms? Get in touch.

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Please fill out the following quick questions so our team can get in touch with you.

Can’t get enough? Here is some related work for you!

ComplexLand • An Immersive Virtualization of an Iconic Cultural Festival

  • Client

    Complex Networks

  • Solutions

    ExperienceInnovation SprintsRetail Concept InnovationImpactful Brand Activations

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Case Study

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Reimagining an icon.

ComplexCon is an institution among youth culture and style icons: a cultural mecca that brings the Complex Networks community and the hottest brands together to celebrate convergence culture. Realizing that trendsetters are increasingly just as interested in their digital identities as their physical ones, we leveraged this insight into new consumer behaviors to design ComplexLand: a free, immersive 3D digital platform featuring exclusive drops, ecommerce features, performances from top-selling artists and unique brand partnerships—the likes of Gucci, Versace and more.

Balancing accessibility with exclusive experiences.

While many virtual events try (and sometimes fail) to capture the energy of a crowded room, ComplexLand stands out as a single-player experience focused on global accessibility, community and lots of shoppable merch—a key feature enabled by Shopify’s robust system. By introducing exclusive brand partnerships that make it fun for visitors to shop, the platform has become Complex Network’s second-largest source of revenue, and the ultimate example of how an authentic, entertaining experience can drive sales.

What’s more, it’s far from complex when it comes to usability. The experience is powered by WebGL, meaning attendees can reach the fully realized virtual theme park on both mobile and desktop devices—no app or download required. Part sci-fi treasure hunt and part virtual bazaar, players are free to roam the map and discover musical performances, food deliveries, celebrity panel discussions and screenings—then brag about it with others in a persistent chat room.

Our Craft

A virtual experience that makes shopping easy.

  • An avatar visits the Complex store
  • A bunch of shoppable merch is look through at the Complex store
  • Avatar in Complexland landscape with colorful mountain
  • Avatar in Complexland having a chat with another avatar

A future-proofed partnership.

Striking a meaningful connection of game mechanics and street culture while evoking the festival atmosphere, ComplexLand provides a digital space where people can shape their virtual identities and participate in compelling branded experiences. And just like culture itself, the annual event is in constant evolution. A year after the initial launch of ComplexLand in 2020, its second edition brought even more opportunities for attendees to engage with others in a multiplayer experience, like sharing drops, having one-to-one conversations and even interacting with branded non-playable characters. In its third iteration, we opened the possibility to make NFTs, which creators can use to build their communities and express their creative identity. 

Since the start of our partnership years ago, ComplexLand has grown into a profitable media and retail platform that combines commerce and entertainment. It’s the first of its kind to condense more than 70 brands into one shared virtual experience—allowing the institution to establish new partnerships with the hottest brands driving culture today. All thanks to our joint commitment to leverage the newest Web3 technologies and create a place where people can express themselves and connect with others.

An avatar in ComplexLand
A virtual pair of shoes
Press From the first virtual event in the metaverse in December 2020 came a franchise that the publisher now sees as a permanent addition to its events business. And it’s a potentially lucrative addition at that.
Read on Digiday

Results

  • $700,000+ in sales during the 5 days of ComplexLand 1.0
  • Complexland 2.0’s gamified virtual shopping increased sponsorship revenue by 60%
  • Since ComplexLand’s launch, it’s brought 200+ brands to the annual event
  • 2x FWAs

  • 1x The Drum Experience Awards

Want to talk innovation? Get in touch.

Hey 👋

Please fill out the following quick questions so our team can get in touch with you.

Can’t get enough? Here is some related work for you!

web3

Unlock the power of Web3 for unparalleled engagement.

  • Web3.Monks

    30+

  • NFT Market Size

    125BN+

Web3 hexagon infrastructure outline with colorful dots surrounding the design
An avatar changing outfits
A screen shot of the uncensored library in the game minecraft

Third time’s the charm.

You’ve heard it all before: Web3 is rife with scams, blockchain is bad for the environment and we’re blowing up a bubble that’s about to burst. These criticisms are valid and are to be expected for any nascent technology where the landscape is messy and voices are loud. But Web3 enables us to do old things on the internet in new ways while unlocking new features, too—and that’s something worth paying attention to.

Monk Thoughts

Will shares how to innovate authentically and drive value using Web3.

Find your place in the ecosystem.

Web3 is more than a tech infrastructure; it represents an entirely new way of thinking about how brands build and engage with culture. Products have given way to projects, with fans wanting to participate and have a stake in the long-term building of communities. Meanwhile, the interoperability afforded by the blockchain allows people to seamlessly connect and revoke data with ease, causing implications in newly connected experiences and the authentication of identities. As a consultative partner in virtualization, we help brands identify and act on these opportunities and more.

Untangle the web.

  1. Our Approach

    Web3 Activation & Transformation • We’re a 360-degree partner brands rely on as they build the foundations of the next web. Supporting authenticity, accessibility and innovation, these are the ways we can help.

  2. A colorful pattern of dots in rows

    We provide a task force of go-to Web3 experts to begin building out a Web3 infrastructure. This includes legal frameworks and structure for accepting crypto.

  3. A few colorful lines coming in from the left shoot off into different directions

    Community is essential to Web3, and is achieved through minting NFTs, creating virtualized experiences and spaces, and supporting immersive new platforms.

  4. Web3 hexagon infrastructure outline with colorful dots surrounding the design

    Learn more about the landscape and your place within it, like how to set up your wallet, choose sustainable blockchains, and keep your community free of scams.

  5. Scroll down to learn more about why these efforts matter.

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A new approach to value with NFTs.

NFTs remain an accessible entry point for brands to experiment with the Web3 ethos. But the underlying value of an NFT is only as strong as the community that one has built around it, which can mean all the difference between cultural cachet and creative clutter. From mint to market, we help brands connect authentically (and sustainably) with audiences and NFT creators to build cultural engagement and artifacts for a new age.

Monk Thoughts As you're starting to activate Web3 experiences make sure to think about how you're bringing data in and bringing it together with the data you already have about your consumers so you're truly creating that 360 degree view of what's going on.

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Ashley Musumeci Director, Go-To-Market

The intelligent enterprise takes a new direction.

More than currencies and collectibles, Web3 offers incredible opportunities to transform the enterprise. Smart contracts on blockchain—essentially programs that automatically execute transactions or document events according to the terms of an agreement—can be used to strengthen loyalty programs or automate entire workflows, like managing intellectual property across the business. Finally, Web3 also opens up the potential to move into new business models, like developing digital-native or exclusive products and services.

 

A mannequin dressed in pink stands in a purple room
Press This cultural shift is all about letting consumers contribute to creating your brand experience, as Web3 essentially entails a reward system in which consumers develop a much deeper connection with a brand by taking part in the creative process.
Read on Forbes.com

Want to talk Web3? Get in touch.

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Please fill out the following quick questions so our team can get in touch with you.

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