FAQ's WhollyGloss Web 3/Beauty NFT Intiative
Web 3?
The term “web3” refers to a broad, all-encompassing paradigm shift toward a more user-centric, democratic internet. What this means is that instead of a handful of technology giants controlling our data, identity, and reputation online, the playing field can be leveled back in favor of creators, builders, and users – the original vision for the internet, more fully realized.
How does WhollyGloss fit in?
For direct-to-consumer brands specifically, the past decade is best characterized as the ad platform era. Though software helped us bring our businesses online and find matches between potential consumers and new brands, likes and algorithms have not resulted in the enduring bonds that drive holistic loyalty and longevity for brands.
WG wants to reconnect community and commerce by giving WhollyGlossers a dedicated space and new toolkit to engage in deeper, more meaningful ways online. We believe the next decade will be the community-first era, where brands reclaim their audiences and forge direct, more meaningful relationships with their most loyal fans by building and winning together.
What's a Blockchain?
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a system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.
"we can actually have a look at the blockchain and see evidence of what's going on"
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain.
Blockchain is an innovative method for data storage in discrete sections in the form of blocks, which are linked to each other. It is basically a consensus digital ledger including digitally recorded data in different sections such as blocks. A blockchain is a data system that allows for the creation of a digital ledger of transactions on a non-centralized network. This means people and computers all over work together to create a network instead of a network being made by one single person or company.
What is a NFT?
Non-Fungible Token
A non-fungible token (NFT) is a unique digital asset that represents ownership of real-world items like art, video clips, music, and more. NFTs use the same blockchain technology that powers cryptocurrencies, but they're not a currency.
About your Beauty Nfts ?
The Digital Collectibles in your WhollyGloss wallet are real Beauty NFTs minted on the Prasaga Chain Blockchain. Prasga is a next-generation, layer-one blockchain – built to avoid limitations faced by other blockchains, and fully supported by an ecosystem of tools and global communities. A truly ground-breaking technology, built by innovators, for innovators.
How do I join the WG Gang ?
WG gang , go here to sign up for updates as new communities go live. You’ll hear more from us very soon.
What can I do on the WG Gang Community?
When you join WG Gang community, you will have the opportunity to collaborate on product initiatives, participate in challenges and contests, and engage in ways that directly contribute to our success. What’s more, you’ll share in the upside of that success, earning coins + collectibles that grant access to free product, special pricing, limited drops, exclusive events, gated experiences with the internal team, and much, much more.
Note: WhollyGloss is not an ad platform. The level of your engagement with the communities you join is entirely up to you. Think of it as having all of your favorite WG beauty products in your pocket – your single portal into both commerce and community participation with WhollyGloss.