Budweiser is getting in on the NFT craze with its 'Key to the Budverse' line of ethereum-based collectibles



There are beer cans.

Drew Angerer is a photographer.

The beer giant dropped its first-ever NFT collection on Monday.
The Budverse Cans Heritage Edition is a non-fungible token. The first-ever launch of the Budweiser can in 1936 was the subject of this item.

The NFT is generated using photos, ads, and designs from throughout the history of the company.

Of those, 36 are gold NFTs, which come with benefits, rewards, and surprises exclusive to those who hold them. The rest are considered core editions and come with their own perks.

Only US residents who are legal drinking age can purchase the NFTs through the company's website.

There will be a gas fee of $75 for each NFT purchase. The token can be bought with a variety of payment methods. There will be a maximum purchase of $10,000 a day.

"Now you can own a piece of history and a collectible that gives you access to the future of Budverse," the website said.

This latest dive into NFTs comes after beer giant Budweiser bought an NFT of a rocket with its logo for 8 ether coins, worth $25,000 at that time.
The domain name beer.eth was snapped up by the subsidiary of the beer company for $94,000, which was worth 30 ether at the time.

Macy's joined the NFT craze as the market sees rapid growth this year.

The monthly sales volume of digital art items has increased from $400 million at the beginning of the year to $2 billion at the current rate. According to the bank, the market cap of the NFT universe has grown to $7 billion.
NFTs are digital representations of artwork, sports cards, or other collectibles tied to a blockchain. Each NFT has a signature that can be verified in the public ledger.

Business Insider has an original article.