
Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.
Boson is a blockchain-based protocol that aims to revolutionize commerce by enabling the tokenization, transfer, and trade of physical and digital assets. Here's how it works:
Boson allows any physical or digital asset to be tokenized. This means that real-world items, such as clothing or electronics, can be represented as tokens on the blockchain. These tokens are called "redeemable tokens."
The protocol automates the process of converting these digital tokens into physical goods. This is achieved using NFTs encoded with game theory. When a user owns an NFT, they can redeem the corresponding physical item.
The protocol aims to bridge the gap between traditional and digital marketplaces, making commerce more accessible and efficient.
Boson emphasizes voluntary data sharing among users. By sharing data, users can access benefits within the ecosystem.
Third parties can access data on the Boson Web3 Data Marketplace and accrue value from the fees levied on coordinating transactions within the network.
Justin Banon and Gregor Borosa founded Boson in early 2019. The project emerged as a response to the need for a decentralized network that enables the sale of physical products as NFTs.
Over the years, it has developed a core decentralized commerce protocol that enables the exchange of real-world assets on-chain. Another key offering it has provided is the dCommerce dApps suite, allowing anyone to sell physical things online as NFTs.
Key focus areas for 2023 include onboarding mainstream users to its ecosystem with the help of web2.5 commerce bridges, such as fiat onramps, token swaps, custodial wallets, and web widgets. The project also has plans for mass adoption of dCommerce through integration with scaled distribution channels for sellers and buyers by partnering with WooCommerce and OpenSea, respectively.