Pepsi has now go with a series of unique non-fungible tokens (NFTs) to mark its birth year, 1893. Titled “Pepsi Mic Drop,” the company’s NFT series will include 1,893 pieces of a microphone visual, inspire by Pepsi flavours like the Classic Blue Pepsi, Silver Diet Pepsi, and Red Pepsi Wild Cherry, among many others.
Each of these Ethereum-base NFTs will be randomly generate by an algorithm, adding to their uniqueness and quotient.
NFTs are digital collectibles built on blockchain and inspire by real world elements.
Pepsi has ask interested people to register themselves on its now functional waitlist portal and get their credentials verified.
CLICK HERE TO REGISTER.
Upon clearing the verification process, people will be able to mint one “Mic Drop” NFT.
While these NFTs are free to mint, the gas fee to facilitate the Ethereum transaction will have to be paid by the minter.
Since each transaction on the Ethereum blockchain requires computational resources to execute, they require a transaction fee, also calls the “gas fee.”
Gas prices are denote in “gwei” and each gwei is equal to 0.000000001 Ether.
Interested people will also have to set up crypto wallets for this NFT minting.
HOW MANY: 1,893 NFTs
— Pepsi (@pepsi) December 9, 2021
WHY THAT MANY: It’s the year Pepsi was born
HOW MUCH: Free + gas
In a bid to match pace with the rapidly evolving crypto-generation, many brands have hop onto the NFT-wagon, treating fans and followers with chances of owning limited edition digital collectibles on blockchain.
Pepsi’s major rival Coca-Cola launch a four-piece NFT collection marking the International Friendship’s Day.
The auction of those pieces fetch over $575,000 (approx. Rs. 4.5 crore), Coca-Cola had claims.
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