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Non-fungible tokens are unique tokens used to register an image, video, or any form of digital item on the blockchain and are stored in cryptocurrency wallets like Metamask, Ledger, and Trezor.
In gated content, also referred to as NFT content gating or NFT based restriction, website owners can restrict access to the content on their website and limit it to specific visitors by hiding the data behind NFT restricted portals.
To view the NFT based restriction content, the visitors have to log in to the website using a cryptocurrency wallet. Login using the wallet can be done through one of the three processes and all three processes are supported by Web 3.0.
For the first process QR code is available on the website and can be used by apps like WalletConnect. Second, access can is granted directly if the visitor has a wallet extension installed with the browser for eg. cryptocurrency wallets like MetaMask.The third process can use a hard wallet like ledger or trezor.
Once a visitor does a crypto wallet login to the website, the web3.0 authentication verifies the visitor’s ownership of the wallet. It verifies whether the visitor is the true owner of the wallet.
After ownership of the wallet is confirmed, the wallet should have the required NFT collection for accessing the gated content or NFT gating of content. The website owner specifies the required NFT collection.
If the visitor does not own the NFTs, they will be directed to the smart contract address for purchasing the NFT. A few famous NFT marketplaces are OpenSea, Rarible, and Mintable.
The added advantage of employing Web3 technology is that NFT token gating can be implemented for custom tokens created for a community. Accordingly only users who hold the customized token have access.
NFT token gating of content can be done for the number/quantity of NFT and tokens owned in the wallet. Access to restricted content is given based on the number of NFTs owned in the wallet.
Web3 technology is best compatible with all NFT based restriction features to be implemented across multiple platforms. This is beneficial for communities who want to implement restrictions based on custom tokens owned in the wallet for access
Web 3.0 authenticates the visitor’s ownership of the crypto wallet when they log in to the website using the crypto wallet.
On successful authentication, if the visitor possesses the NFT collection specified by the website owner, they will be granted access to the NFT restricted content.
Visitors who do not possess the required NFT collection will be directed to the NFT marketplace for purchase.
Web3 works best with all wallets interacting with Ethereum, Solana, Polygon, BSC, and Algorand blockchains.
Web3 supports hot wallets like MetaMask, Edge, Coinbase, Electrum, Pera, MyAlgo, Phantom, and Exodus and cold wallets like Ledger Nano S, Ledger Nano X, Trezor, and Ellipal Titan.
All applications working on the principle of NFT token gated communities, NFT token gating, and gated content can use web3.NFT token gating can be done for number/quantity of NFT/tokens owned in the wallet.
You can create your own NFT marketplace on different CMS using web3.The marketplace can be served for minting, trading, and displaying NFT collections.
All decentralized applications based on the concept of blockchain rely on web3 for communication. It provides a secure communication channel between the distributed entities of the web.
We are moving towards a world of the decentralized web, where data is not stored in a single server.Using dApps built using web3 we can have an entire NFT marketplace, Crypto payments, and eCommerce stores.
The principle of NFT token gating can be taken one step further using web3, where it is possible to access the NFT owned in the wallet and import it to a platform. You can display NFT details like image, ID, address, etc.
Web3.0 supports both hot wallets and cold wallets interacting with Ethereum, Polygon, BSC, Algorand, NEAR and Solana blockchains. The wallets hold NFT art, videos, or tweets in the form of collection and are used for bypassing the restricted content also called token gating.Support for crypto wallet login and NFT token gated/NFT token gating on WordPress, Shopify, DNN, Laravel, WooCommerce, Wix, SquareSpace, Joomla, Drupal, BigCommerce, Magento, Webflow, Weebly, Jimdo, Discord, and Bitrix.
Website visitors can use WalletConnect to log in to the website. The QR feature provides a simple and safe method to log in and is supported by the web3 authentication plugin.
Hot wallets like MetaMask, Edge, Coinbase, Electrum, Pera,myAlgo, Phanton, and Exodus manage and store NFTs over the internet and function as a browser extension. They interact flawlessly and securely with web 3.0.
Cold wallets store the NFTs offline in the hardware.Web3 authentication plugin works flawlessly with cold wallets like Ledger and Trezor.
The principle of NFT token gated or NFT token gating works flawlessly when the user wants to restrict access to specific products in the store and make them accessible to users who have exclusive access.
To achieve this NFT token gating is applied where the user needs to own the required NFT token in their wallets. Also depending on the tokens owned in the wallet and integrating it with NFT token gating, various discounts and rewards can be given out to the users.
Using the Web3 technology NFT based restriction can be integrated with Crypto payments.
Can NFT token gating or NFT based restriction be integrated for Role mapping?
Users visiting the website can be assigned roles based on the NFT they hold. Taking the principle of NFT token gating and NFT based restriction a step ahead user connects their wallet to the website where it is verified for the NFT owned in it.
Depending on the NFT tokens owned in the wallet and integrating NFT based restriction with role mapping plugins users can assign roles to different users.
Is it possible to integrate NFT token gated or NFT based restriction with other CMS?
Using Web3 technology, the website owners can integrate NFT based restrictions on different platforms and CMS. This is possible because irrespective of the platform Web3 is compatible with all platforms.NFT token gating can be done for WordPress, Shopify, DNN, Laravel, WooCommerce, Wix, SquareSpace, Joomla, Drupal, BigCommerce, Magento, Webflow, Weebly, Jimdo, Discord, Bitrix, and all other platforms.
NFT token gated Access to Facebook live and Youtube live can be done. Audiences having required NFT collections in their crypto wallet can have access.
Like-minded individuals can start a community and grow, access will be based on NFT collection.
Users are given access to folders and files depending on the NFT collection they possess.NFT token gated Google Drive,iCloud, and cloud storage can be done.
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