2020 - 2021 Best Cryptocurrency News Investment Guide

DeSpend Secures Strategic Investment from Retail Giant Target
2025-09-05 18:05:23 Primitive Reading

Reconstructing Web3 Core Value System Through RWA Consumption Assetization

Empowered by a Century-Old Retail Brand, Ushering in a New Era of "Consumption as Investment"

Global retail giant Target Corporation (NYSE: TGT) today announced that its digital engine, Target Digital Engine, has strategically invested in the Web3 consumption ecosystem project DeSpend. Together, they will build a next-generation consumption value system based on RWA (Real World Assets). This collaboration signifies a deep integration between traditional retail giants and Web3 technology, bringing a revolutionary "consumption as investment" experience to global consumers.

Top-Tier Brand Endorsement: A Century-Old Retail Giant’s Strategic Choice
As one of the largest retail chains in the United States, Target Corporation boasts a massive ecosystem with over 1,900 stores and annual revenue exceeding $100 billion. Its core digital transformation department, Target Digital Engine, has chosen DeSpend as its Web3 strategic partner based on three key considerations:

Validation of Technical Feasibility: DeSpend’s innovative RWA consumption assetization model highly aligns with Target’s omnichannel retail strategy.

Forward-Looking Market Positioning: Early entry into the Web3 consumption sector to build a future-oriented digital consumption ecosystem.

User Value Enhancement: Leveraging blockchain technology to increase user loyalty and consumption value.

Why Is Target So Optimistic About DeSpend?
DeSpend pioneered the "consumption as assets" model, using blockchain technology to transform every consumption into an appreciable digital asset. This ensures that consumers truly benefit—when shopping on DeSpend, the platform rewards users with high-value tokens while enabling them to participate in various ecological activities and interactive experiences through DeSpend’s ecosystem development. This creates a win-win-win scenario: consumers are happy, merchants are satisfied (as the platform compensates them for their concessions), and the ecosystem thrives. All transactions are recorded on-chain, ensuring complete transparency.

Moreover, DeSpend possesses the exclusive capability to tokenize Target’s vast range of physical products, in-store experiences, and membership权益 into RWA assets. What users purchase is not just tokens but digital assets anchored in real goods and profit rights. This is a core advantage that pure链上 projects cannot replicate.

CEO of Target Digital Engine stated:
"DeSpend represents the future of Web3.0 intelligent internet marketplaces. We believe that by combining traditional retail expertise with Web3 innovation, we can create real value for consumers and build a fairer, more transparent consumption ecosystem."

Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.

Recommended reading
BitonEx to Host Strategic Summit in Kuala Lumpur: A New Chapter Set to Unfold

10-22     Amazon Finance     10722 Reading

BlockX.VC Makes Strategic Investment in TronBank.Pro to Boost TRON Ecosystem Financial Infrastructure

10-22     admin     7109 Reading

UK trade bodies ask government to make crypto a ‘strategic priority’

10-22     admin     11818 Reading

Market Experts Weigh In on Trump’s Strategic Bitcoin Reserve That Takes Out $17B in Potential Selling From BTC

10-22     admin     16779 Reading

AI Nexus Secures $8 Million in Funding Led by Future Capital VC – The Future of AI Trading Accelerates!

10-22     Amazon Finance     7215 Reading

Connecting the Intelligent Future: Strategic Cooperation between JW AI Quantity Fund and Chainlink

10-22     Amazon Finance     7724 Reading

Moonbeam’s Strategic Focus Areas – Unlocking Real World Web3 Innovation

10-22     admin     17239 Reading

BEBE Forms Strategic Ecosystem Partnerships with Renowned Investment Institutions

10-22     Amazon Finance     11499 Reading

UNL Global began to lay out the digital economy field and reached a strategic cooperation with Swisscom

10-22     Amazon Finance     6472 Reading

Deere Max has received strategic investments from Web3 Foundation, Katie Haun, Hack VC, Bloccelerate VC, Multicoin Capital and others

10-22     Amazon Finance     10700 Reading

The First Ecological Aggregation Platform Appeared on the Chain Game Racing Tracks Metalab Obtained the Heavyweight Strategic Investment of CMT Digital

10-22     Amazon Finance     8833 Reading

MetaTrads Received Strategic Investment from HashKey Capital, Nascent Capital and More

10-22     Amazon Finance     9784 Reading

SuperCup and RIT Blockchain Lab blockchain laboratory reached a strategic cooperation, the two sides will work to build the future of the game ecology

10-22     Amazon Finance     12173 Reading

CrazyFarm and Deloitte Blockchain Labs enter into a strategic partnership as they work to build the future of the metaverse

10-22     Amazon Finance     13813 Reading

CrazyFarm and Deloitte Blockchain Labs enter into a strategic partnership as they work to build the future of the metaverse

10-22     Amazon Finance     13567 Reading