Beer giant, Budweiser, has taken a huge leap into the cryptocurrency space. This week, they purchased some significant blockchain-based assets.
First, if you head over to Budweiser’s Twitter page at the moment, you may notice some familiar avatars. That’s right, it’s none other than a rocket-themed NFT, made by Tom Sachs, the maker of the modular rocket-based asset. This little piece of NFT history has cost them an impressive 8 ETH.
In addition, keen-eyed cryptocurrency enthusiasts discovered the domain beer.eth purchased by the historic brewer. this particular purchase cost them 30 ETH. all of this adds up to one result, Budweiser is sailing like a rocket ship into NFT territory.
A spokesperson for Anheuser-Busch InBev further confirmed that “Budweiser is taking its first steps into the NFT space.” In addition, Budweiser has revealed that it is investing in a new NFT media outlet, run by internet entrepreneur Gary Vaynerchuk. To that end, Budweiser and its partner brands intend to quickly release a number of beer-themed NFT collectibles.
However, Budweiser isn’t the first brewery to get into the NFT game, with the most popular beer, Stella Artois, already causing a stir in the crypto space.