Bitcoin News and Finance Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic Skip to main content

Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups.

Budweiser Issues NFT Beer Can Collection — NFT Cans Give Access to the ‘Budverse’

At the end of August, the crypto community discussed the popular American beer brand Budweiser purchasing an NFT crafted by Tom Sachs called “Life of the Party.” Moreover, Budweiser also acquired the Ethereum Name Service (ENS) domain called “beer.eth” on August 11, 2021. According to Opensea records, Budweiser spent $96,000 or 30 ether at the time of sale in order to acquire the ENS domain.

Budweiser also uses the domain name beer.eth on its Twitter handle and the company announced releasing a collection of 1,936 Bud-themed NFTs. “The wait is over,” the video accompanying Budweiser’s tweet said on Monday. “Own a piece of Budweiser history,” the video explains, while showing a few previews of the NFTs called “Budverse cans.” The company introduced the Budverse marketplace to the company’s fans at 1 p.m. (EST).

Budweiser NFT Web Portal Gets Bogged Down at Launch, Gold and Core Budweiser NFT Cans

While attempting to visit the Budweiser NFT web portal, the site seemed to be bogged down by lots of traffic, as the page gave multiple “504 Gateway Time-out” warnings after 1 p.m. After getting the site up and loaded, visitors must be 21 years or older to enter the web portal. Visitors are required to enter their age. That section of the portal gave another “error” when checking the legal drinking age. Finally, after 15 minutes of trying to enter the Budweiser NFT web portal with no luck, it suddenly opened for our newsdesk at 1:16 p.m. (EST).

“Introducing Budweiser’s first-ever NFT collection: Budverse Cans Heritage Edition. Composed of 1,936 unique digital cans, representing 1936, the year of the first Budweiser can,” the Bud-centric NFT website says. “Each NFT is one of a kind and generated using archived photos, ads, and designs from throughout Budweiser’s storied history. Each NFT will act as an entry key to the Budverse, unlocking exclusive benefits, rewards and surprises for all 21+ (or legal drinking age) NFT holders.”

The collection showcases 1,900 “Core NFTs,” which are generative art NFTs showcasing iconic Budweiser cans from throughout the beer company’s history. The Budweiser Core NFTs also unlock some kind of “exclusive access” and rewards from the Budverse.

The collection further has 36 super rare “Gold NFTs,” which feature the firm’s iconic heritage cans. The Budweiser website says the Gold Budweiser NFTs give VIP tickets to the “best experiences in Budverse and beyond.” Many of the Budweiser NFT cans sold out in a matter of minutes, and people will have to wait until the unique NFTs start getting listed on second-market platforms.

Budweiser is not the only brand trying to get its feet wet in the metaverse with NFTs. At the end of August, the popular beverage producer and brand Arizona Iced Tea introduced NFTs with the Bored Ape Yacht Club team. The fast-food giant McDonald’s recently unveiled the “McRib” non-fungible token collectible. Both Nike and Adidas have been stepping toward the metaverse and blockchain-backed NFTs in recent times as well.

What do you think about the Budweiser NFT collection? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Blogarama - Blog Directory