SUBSCRIPTION TOKEN PROTOCOL

Summary from the TLDR Crypto newsletter

A new programmable, non-upgradable subscription NFT protocol has been introduced. This mechanism allows businesses to gate access to apps, content, and services for a specified time and cost. Users can mint subscription NFTs, providing recurring revenue for creators. The protocol also encourages subscriber and referral rewards, incentivizing growth and long-term commitments. Additional features include the ability for NFT contract owners to issue on-chain grants, refunds and supply caps, and also transfer ownership.