Pepsi is the latest global brand about to enter the world of non-fungible tokens (NFTs) with its Pepsi Mic Drop genesis NFT collection.
NFTs Inspired By Pepsi’s Musical Roots
Paying homage to the brand’s roots in music, Pepsi is creating 1,893 unique generative-style NFTs that will go live on the Ethereum blockchain at 12:00 EST, December 10. You may ask why Pepsi would want to mint 1,893 NFTs? Well, that’s to mark the year Pepsi was born.
Unlike rival Coca Cola’s NFT drop, they will be free for users, other than the cost of gas fees.
The NFTs themselves will be randomly generated by an algorithm so that each possesses traits that are totally unique and different to the others. According to Pepsi, they will “be grounded in variations of a microphone visual and inspired by iconic Pepsi flavours including classic blue Pepsi, silver Diet Pepsi, red Pepsi Wild Cherry, black Pepsi Zero Sugar – even fan-favorite Crystal Pepsi and many more”.
Pepsi has always been a brand with a strong heritage in music and pop culture, so it’s only fitting for us to bring that legacy into the new world of NFTs with a ‘mic drop’ of epic proportions…This collectible series of microphones is not only inspired by our history, but also represents the scale and scope of how accessible we see this space becoming in the future.
Todd Kaplan, Pepsi VP of marketing
How To Get Your Free NFT
Pepsi has put in a place a waitlist process to give everyone an equal chance to participate without blowing up the gas fees. The waitlist opens December 10 at 12:00 EST at micdrop.pepsi.com.
From there, the process works as follows:
- On Tuesday, December 14 at 12:30 EST, consumers who have been waitlist-approved will be able to mint one of 1,843 Pepsi Mic Drop NFTs free of charge (not including ETH gas fees).
- Users should also stay tuned as 50 of the remaining NFTs will be held back for initiatives in the near future.
- Once a consumer is verified, the token will be minted and directly sent to their wallet.
- Shortly after, users will be able to list their NFT for sale if they so wish on any third-party NFT platform.
For more info, be sure to check out the full terms and conditions.
Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.
Credit: Source link
