Absolute Labs, Pioneering Web3 Wallet Relationship Management™ Platform, Selected as Finalist for Prestigious 2023 LVMH Innovation Award

San Francisco-based absolute labs, the pioneering Wallet Relationship Management™ (WRM™) platform, is now a finalist for the illustrious 2023 LVMH Innovation Award. This platform, known for its novel approach to Web3 CRM, empowers marketing professionals with the tools needed to construct and flawlessly carry out intelligent Web3 CRM strategies.

The LVMH Innovation Award is a renowned accolade, given to inventive startups that bring forth fresh concepts to expedite the evolution of the luxury experience.

From a pool of over 1,300 contenders, absolute labs is among the 18 finalists. These chosen startups are given the opportunity to display their innovative technologies at VivaTech, with the award ceremony of the LVMH Innovation Award serving as the platform for the announcement of the winners.

absolute labs' WRM platform stands alone as a Web3 CRM solution, offering invaluable insights into potential and existing customers, integrating Web2 and Web3 on-chain data, pinpointing actionable segments, and automating multi-channel campaigns. This includes NFT airdrops across the full breadth of the marketing funnel.

On May 10, 2023, absolute labs, the groundbreaking WRM™ platform transforming the way marketing and growth teams attract, engage, convert, and retain customers in the next Internet era, declared their finalist status for the highly sought-after LVMH Innovation Award. The company stands among the 18 chosen finalists out of over 1,300 applicants, all of whom are showcasing groundbreaking technologies.

"We are tremendously excited to be chosen as a finalist for the LVMH Innovation Award," states Samir Addamine, CEO and co-founder of absolute labs. "LVMH's Maisons and the entire luxury goods industry are recognizing the potential of Web3 CRM as a new catalyst for growth and loyalty-enhancing experiences. Our WRM is situated at the junction of Web2 and Web3, and this recognition further validates that it is poised to be a fundamental part of the martech stack for brands aiming to foster meaningful engagement with Web3 customers.”

Established brands including LVMH, MoonPay, The Sandbox, Mocaverse (Animoca Brands), and more, already trust absolute labs' Web3 CRM platform. This platform allows brands to harness and leverage wallet data on public blockchains to generate deep data insights, create actionable segments, automate multi-channel campaigns including NFT air drops, nurture social community engagement, among other functionalities.

Just a few weeks ago, absolute labs disclosed an $8 million seed funding round supported by Aglaé Ventures, Alpha Praetorian Capital, TLF Ventures, Near Foundation, MoonPay, Plassa Capital, Punja Global Ventures, Samsung Next, Sparkle Ventures (Animoca Brands), and W3i.

The LVMH Innovation Award is given to creative startups that propel the future of the luxury experience forward. Finalists will contend for six category-specific awards: employee experience, diversity and inclusion; image and media for brand desirability; immersive digital experience; omnichannel and retail; operations excellence; and sustainability and greentech. These startups will have the chance to display their technology at VivaTech in Paris from June 14th to 17th, with the award ceremony for the LVMH Innovation Award set for June 15th.