Forbes Partners with OKX Wallet to Launch Exclusive Web3 Membership NFT

In a new collaboration, Forbes and OKX Wallet are transforming exclusive membership offerings by introducing the Forbes Legacy Pass, a non-fungible token (NFT) that provides access to an elite digital community.

This partnership signals Forbes' ongoing commitment to embracing Web3 technologies.

OKX Wallet and Fast-Tracked Membership

On 29th August, Forbes announced that the OKX Wallet would be the sole on-chain wallet offering fast-tracked application reviews for the Forbes Legacy Pass, which is limited to just 1,917 tokens. OKX Wallet users will benefit from priority applications via OKX drops, granting them quicker entry into this members-only world.

Connecting Real Life and Web3

The Forbes Legacy Pass offers much more than just a digital token. It allows holders access to exclusive real-life events and the Forbes Inner Circle, among other perks. This partnership underscores the potential of NFTs as tools that bridge digital and physical experiences.

Forbes' Web3 Initiatives

Forbes has been actively expanding its presence in the Web3 space. On 28th August, the publication introduced the "INSPIRE" collection, part of the Base network's Onchain Summer event. Just a week earlier, on 21st August, Forbes partnered with Optimism for the network's award show, "The SUNNYs," celebrating on-chain contributors.

related reading：OKX launches Bitcoin gambling game OKX Racer on telegram, and the next step may be to use its original token OKB，OKT for real betting

NFT market picks up

While NFTs continue to play a crucial role in Web3, their popularity has seen fluctuations. Market data suggests a downturn in NFT investments; however, recent figures from 26th August show a rebound, particularly on the Polygon blockchain, where NFT sales volume surged by 123.20%.

Despite these advancements, Forbes' move into NFTs comes at a time when the broader NFT market is facing challenges, casting uncertainty over the long-term sustainability of such digital assets.

related reading：Has NFT been phased out? NFT market sales hit record low again