Overview
Since 1998, Totem has been a leader in the development of erotic card collection software. On their site, customers can buy and collect cards that correspond to a 30 to 40-minute erotic show. In 2018, Totem expanded its offering by releasing a virtual reality (VR) game on Steam that quickly became a top-seller on Steam VR.
In 2022, DOLZ ventured into the Web 3 technology sector by offering an NFT card collection, merging its traditional card collection software and VR game with blockchain technology, mixing elements of virtual, mixed, and augmented reality. The new Web3-enabled collection allows their community to:
When the NFT collection was first introduced in 2022, the average ‘spend’ for customers who purchased Web3 collections was significantly higher than those purchasing traditional cards. This spike was partly due to the influx of ‘web3 enthusiasts’ who joined the platform to collect cards. However, it also indicates a higher engagement rate with the new collection from both new and legacy customers.
Challenges
Too complicated for customers:
After launching the new collection, the company encountered substantial obstacles in transitioning their traditional customer base to this new Web3 model. Although they attracted a surge of new ‘Web3 enthusiasts’ who were not previous customers, only 2% of their existing clientele, who regularly purchase physical cards, were open to exploring the new Web3 collection.
The primary hurdle for existing customers was the complexity of creating a wallet and buying the necessary crypto to acquire and trade cards on the platform.
For a user unfamiliar with crypto, they were required to do the following:
Considering that the average age of their existing customer base is over 40, apart from a few dedicated supporters who were willing to go through all the steps and tutorials, most of their customers found it too bothersome and preferred to continue purchasing traditional ‘legacy cards’.
The Marketplace Was Not Flexible Enough
They also faced several challenges with the marketplace provider that they were working with:
So, they started searching for a way to fully capitalize on the advantages their new collection offered and improve the onboarding experience to encourage more of their existing user base to convert. The main criteria they needed were:
While they have a development team well-versed in Web3 technologies, they knew that it would take over a year to build the user experience and marketplace they needed to achieve their customer goals.
DOLZ discovered Cometh at a gaming sector event organized by The Big Whale and were excited to find an ‘off the shelf’ solution that would meet all of their requirements and save them over a year of development.
Cometh offered two solutions that enabled them to easily implement the marketplace and user onboarding experience that they lacked.
With Connect, Cometh’s biometric wallet as a service, they could reduce the friction for customers to convert to Web3, enabling more customers to get the benefits of their new marketplace and Web3 collection.
“Until now, we were considering creating our own marketplace, which was months of development. So we thought it would be a good idea to adopt your solution if it met our requirements”
Cometh’s Marketplace allowed DOLZ to implement a marketplace with the flexibility that they needed without having to build it from the ground up – which would take months as well as a significant amount of ongoing development resources to maintain and update.
it met their requirements
The DOLZ team was able to implement the Cometh Marketplace very quickly. The Cometh team was very responsive and provided a high level of collaboration.
By implementing Cometh Marketplace, it allows their team to focus on the DOLZ platform and the business logic of how the marketplace functions instead of building the software to deliver it.
If they had had to build a simple version of their own customized marketplace to meet their requirements, they estimate that it would have taken months – and would have required them to build their own backend infrastructure that would need to be updated and maintained on an ongoing basis.
“Given our workforce and the fact that we have other projects underway, a project like this could have easily spanned a year. It would have been a lot of work and could delay other important initiatives, such as the development of our marketplace. Although we have the technical skills to deliver the project without major problems, the workload and time required would be considerable.”
DOLZ has recently implemented Cometh Connect and anticipate that it will remove the barriers to onboarding, and that they will see increased conversion from their existing customer base to their Web3 collections.
With Cometh Connect, DOLZ customers can create a crypto wallet using their biometric information, fund their wallets using a credit card and immediately acquire cards on the marketplace, without leaving the DOLZ platform.
About DOLZ
Dolz.io is a platform dedicated to the creation, trading, and collection of adult-themed NFTs. The platform leverages blockchain technology to ensure transparency, security of its digital assets and caters to collectors and enthusiasts within the adult entertainment industry, offering a diverse array of unique and exclusive content. By providing a secure and anonymous environment for buying, selling, and collecting NFTs, Dolz.io revolutionizes the way adult content is distributed and monetized in the digital age. Check out the video about their Web3 collection.
Their recently re-released marketplace features a wide array of unique digital assets, allowing users to buy, sell, and collect adult-oriented NFTs securely and anonymously.
About Cometh Solutions
Cometh is a pioneering blockchain technology company with a mission to shape the future of Web3 and pave the way for its widespread adoption.
Cometh Connect is an SDK and API for builders to easily embed self-custodial wallets with passkeys and gas-less transactions into Web3 games and DApps. Cometh is a blockchain industry leader and offers a Web3 development platform for brands to add Web3 capabilities to games and applications.
Cometh Marketplace allows Web 3 platforms to offer a secondary marketplace for their NFTS – and control secondary sales market using their own currency and rules. The Marketplace API enables Web3 builders to quickly implement a fully integrated and branded marketplace experience into their applications.