Blockchain-based employee reward platform with an NFT marketplace

employee reward platform
At Vention, we believe innovation thrives through action. That’s why we host regular internal hackathons — giving our team the space to explore new ideas, experiment with cutting-edge tech, and build solutions that elevate both our work and our clients’ success.

Project description

During a recent hackathon showcasing our blockchain software development capabilities, one team took on the challenge of reimagining an existing employee achievement tracking platform.

The result? A fully functional blockchain-powered system with a rewards store featuring custom merchandise — a creative twist that turned recognition into something truly rewarding.

employee reward platform

Our solution

This platform allows our employees to celebrate their achievements and milestones by exchanging internal reward tokens for NFTs and physical merchandise.

Blockchain platform

The core of the solution is a private EVM-based blockchain deployed on AWS. Built for internal use, this centralized platform is managed by Vention as the sole regulator. Its key components include:

  • The blockchain: a secure host for all operations;
  • Custom tokens: used as the internal payment method;

  • Smart contracts: automate token transfers and ensure seamless transactions.

Since the project was funded by Vention, a centralized blockchain model was the most efficient approach.

Rewards page

The rewards page, integrated into Vention’s internal profile system, is where employees can view their achievements, such as trophies for reaching milestones or receiving peer recognition. 

By connecting a Metamask wallet and adding a Vention custom token, employees gain access to additional benefits: 

  • Earn tokens for specific achievements, including monetary rewards;  

  • Use tokens to purchase unique merch and profile cosmetics in an internal store or transfer them to colleagues as a gesture of appreciation.

Rewards store

From the rewards page, employees can navigate to the rewards store to exchange tokens for custom-designed merch or profile cosmetics. Key features include:

  • Easy navigation: Items are grouped into categories like clothing, office goods, and digital perks;

  • Search functionality: Employees can quickly locate specific items;

  • Purchase history: Users can track their spending and past transactions.

The process of exchanging tokens is fully automated:

  1. Employees select an item and click “Buy.”

  2. Smart contracts send a transaction request to Metamask for approval.

  3. Once tokens are transferred to Vention’s wallet, the system either fulfills a digital order or places a backend request for physical items.

Tokenomics

A key aspect of developing the custom token was ensuring a balanced pricing model to prevent potential misuse. The steps included:

  1. Setting fiat prices for all store items.

  2. Pegging the token value to the cost of the least expensive item.

  3. Adjusting token pricing to align closely with fiat values for consistency.

This model ensured a fair and intuitive system for employees using tokens to make purchases.

Key stats

4

months to develop an MVP

10

 Vention team members

A fully functional blockchain system integrated into business and HR processes

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Results

The completed NFT marketplace development project enhanced HR processes by integrating blockchain technology while introducing innovative ways to boost employee motivation through gamification and tangible rewards. It also naturally aligned with Vention’s expanding corporate social responsibility efforts.

One of the solution’s key strengths is its platform-agnostic architecture. With most data stored on the blockchain, it integrates seamlessly into any system, regardless of tech stack or data standards. Adapting it requires only minor tweaks and custom smart contract additions.

This scalability enables expansion from local to global use, opening doors for intercorporate adoption. Software professionals can track achievements and recognitions across organizations, creating a portable digital CV — a groundbreaking way to carry their accomplishments throughout their careers.

employee reward platform

Tech stack

Frontend

React.js

Next.js

Typescript

Backend

Node.js

Web3.js

Express.js

Docker

Django

Rest

Python

Redis

Swagger

Data storage and databases

AWS

IPFS

EVM

MongoDB

PostgreSQL

Smart contracts

Solidity

App integrations

Metamask

internal HR platform

employee reward platform

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