Having fallen down the rabbit hole of NFTs over the last months we have really begun to appreciate what ‘Web 3.0’ can bring to the world and, in particular, our creative community! As Cold-Pressed Cannabinoids has developed we have really built an affinity with our community and, along with showing our appreciation for your support, we also wanted to find ways that we can give back. Launching our first ever NFTs with our collaborators has been great fun and we look forward to continuing to push the boundaries to achieve our goal for acceptance for the cannabis plant.
What is an NFT?
NFT is an acronym for ‘non-fungible token’. This is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore non interchangeable. In layman terms, an NFT verifies the authenticity of a piece of art, its origin and its ownership. When purchasing fine art, collectors are buying the values listed above and this new technology is the latest way to digitalise this asset class.
As you will know, each month we produce a unique subscriber gift in collaboration with an artist that we work with. The artist kindly dedicates their time to create a unique design that we incorporate into a gift such as hats, socks, stickers etc. We decided to give this art longevity by creating the design as an NFT. We then offer the opportunity to purchase the NFT and own something we believe has real value!
For those who wish to purchase our NFTs not only will you be supporting our aim for ‘Universal Acceptance of the Plant’ but you will also be supporting the artist. As we promote and grow our collection we also see the opportunity for further value creation!
Check out our current NFT collection and make an offer to purchase here:
If you would like to get involved and mint your first NFT in our Universal Acceptance of the Plant collection then please get in touch with us at firstname.lastname@example.org
Stay chill… 🌱