【NFT】The Latest NFT Developments in the Cannabis Industry.
The past few months have seen a furor in the world of NFTs. These non-fungible tokens are a way to attach scarcity to digital items, allowing people to buy and sell art, music, and even virtual real estate. The popularity of CryptoPunks means that one of the original NFTs is worth over $7 million.
Cannabis has been involved in this craze from the start. From stickers depicting cannabis products to iconic drawings by beloved artists, dozens of cannabis-related NFTs are on sale right now. Some are being sold for thousands of dollars, indicating that the market is healthy and growing.
The NFT frenzy continues to sweep across the crypto space, and the cannabis industry has not been left behind. In fact, cannabis-based projects, personalities, and influencers are beginning to explore the power of non-fungible tokens (NFTs) for a wide range of applications.
Just a few examples here.
Some of the latest developments in this space include:
- The TOKE.N team announces the next-generation ecosystem, which combines NFTs, Metaverse, and Marketplace.
The project TOKE.N has announced its ecosystem, including an NFT marketplace, an NFT minting platform, and a virtual metaverse experience. The TOKE.N project also plans to launch a token backed by digital assets from leading cannabis brands. Moreover, TOKE.N also plans to incorporate blockchain-based non-cannabis items into its marketplace.
- The Stoned Apes Crew will be releasing the Nuked Apes Collection (“Nuked Apes”) as NFTs.
Stoned Apes has announced that it will be releasing an entire collection of collectible non-fungible tokens (NFTs). Nuked Apes comprises unique assets, including a t-shirt, a beanie, a keychain, and an enamel pin, all linked to one common ERC-721 token. These items are meant to highlight the fun side of crypto and make their release as entertaining as possible, starting with their launch date of 420.
- NFT STARS, a consortium of NFT experts, has joined forces with GROW HOUSE to explore new applications for their respective token ecosystems.
NFT STARS has partnered with GROW HOUSE to create a cannabis-themed crypto game that offers crypto enthusiasts an opportunity to grow and trade weed in their gardens, play the slots, and earn more cryptocurrency. The two companies will also exchange NFT assets and organize joint events.
- Crypto Cannabis Club is launching the first loyalty program for Blockchain NFTs.
CCC has launched a new partnership with Camp Nova, an award-winning cannabis brand, to launch the company’s first NFT collection. Members of the CCC will now receive significant discounts on premium cannabis flowers through this new partnership.
Who are the most active and influential people in the industry?
The most active and influential people of late? That’s a tough question. The cannabis industry is moving so quickly that it’s difficult to pinpoint a definitive answer to such a question. What we can do, however, is look at which companies are leading change in the world of Non-Fungible Tokens (NFTs) and how they are shaking up our perception of what blockchain technology can do.
There are several companies that we feel stand out right now. These include Gifto, CryptoKitties, Crypto Cannabis Club, and Rare Bits. Each company has played an important role in driving innovation within its areas. These are just a few examples.
That’s it for this time. Thank you so much for reading.
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