Orai Robotics, an artificial intelligence company, recently revealed that it had given all its employees over 50 non-fungible tokens (NFTs) as a reward.
The NFTs were validated and distributed to the employees through a digital wallet created by Orai. ORAI Upbeat, the company's first-generation NFT collection, was recently launched for its employees.
The collection includes 500 NFTs specially minted for the employees and key stakeholders of the company.
That raises the question of what the employers can do with the NFTs.
NFTs are digital collectables or assets created using blockchain technology. They can be used to represent art, music, in-game merchandise, and films. They are bought and traded online, and all transactions are recorded on the blockchain.
Anybody can view the NFTs, but only the buyer has the authority to own them.
So, here's what employees can do with these tokens:
Keep Them As A Memento
NFTs, like medals, badges, and certificates, are supposed to be admired for their own sake and what they represent. As a result, the employees can keep the NFTs as a medal, honour, or certificate.
Sell It Back To The Company
In the case of Orai Robotics, the company has implemented a buyback strategy, which allows employees to sell their tokens back to the company after some time and under particular conditions.
Sell/Trade Them In The Market
The employees can potentially make a profit from selling the NFTs. Who knows, they may become valuable collectables in the future. Because they are the sole property of the possessor, they are free to do whatever they choose with them.
Find Out The Unlockable Content Present In NFTs
While most blockchain assets are visible by default, it is possible to incorporate unlocked material that is
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