Pepsi has chosen to go with a series of unique non-fungible tokens (NFTs) to mark its year of birth, 1893. Titled “Pepsi Mic Drop,” the company’s NXT series will include 1,893 pieces of a microphone scene, inspired by Pepsi flavors. Classic Blue Pepsi, Silver Diet Pepsi, and Red Pepsi Wild Cherry, among others. Each of these Ethereum-based NFTs will be randomly generated by an algorithm, adding up their uniqueness and quotient. NFTs are digital collectibles built on the blockchain and inspired by elements of the real world.
There has been a stir about its launch NFT chain, Pepsi has asked interested people to register themselves on its now functional waiting list portal and get their credentials verified. Upon completing the verification process, people will be able to shield a “mic drop” NFT.
While these NFTs are free to mint, gas fees must be paid by the miner to facilitate Ethereum transactions. Since on each transaction Ethereum Blockchains require computational resources to execute, they require transaction fees, also known as “gas fees”. Gas prices are indicated in “gwei” and each gwei is 0.000000001 . Is equal to ether,
Interested people also have to put crypto wallet For this NFT mining.
Tweeting a glimpse of these stunning NFT pieces, Pepsi detailed the launch.
How can I claim: Drop is only for those who make it to our waiting list
Wayne Waiting List: Opens Tomorrow! turn on notifications ????
How do I know I’ve made it: go here https://t.co/5s3znVsQzJ on 12/14 and connect your wallet. There will be a “mint” button if you made it ️
— Pepsi (@pepsi) December 9, 2021
To keep pace with the rapidly evolving crypto-generation, many brands have climbed the NFT-wagon, with fans and followers likely to own limited edition digital collections on the blockchain.
Earlier, Pepsi’s major rival Coca-Cola had launched a four-piece NFT collection on the occasion of International Day of Friendship. Coca-Cola received $575,000 (about Rs 4.5 crore) from the auction of those pieces. Claimed,
According to Market Tracker data, in the third quarter of 2021, the sales volume of NFTs increased to $10.7 billion (about Rs 79,820 crore), an increase of eight times from the previous quarter. DappRadar,
Customer interest in owning digital collectibles is gaining momentum and many artists around the world are accelerating efforts to digitize their work and put them up for auction for collectors around the world.
For example, in Malaysia, the trend of creating and auctioning NFTs is gathering many artists to try to spot. From 3D animation to memes, as well as illustrations inspired by multi-ethnic Southeast Asian culture, Malaysian artists are expanding their digital artwork portfolio.
“At the beginning of this year, you could probably count on one hand the number of Malaysian artists actively making and selling NFTs. That number steadily increased over several months to hundreds and now we are probably in the thousands.” report good Munira Hamza of the non-profit organization Malaysia NFT was quoted by Al Jazeera.
Most recently, American digital artist Mike Winkelman, known as beeple The futuristic artwork, in the form of NFT, sold Human One to a whopping $28.9 million (approximately Rs 215 crore).
earlier this month, Ross Ulbricht, the imprisoned founder of the now-defunct dark web marketplace “Silk Road”, auctioned NFTs for $6.2 million (about Rs 47 crore).